At close, the HSI soared 245 pts or 1.4% to 18,258; the HSCEI rose 75 pts or 1.2% to 6,381; and the HSTECH hiked 52 pts or 1.4% to 3,703. The total market turnover for the day was $176.801 billion, being the highest since May 31.

In terms of techs, BABA-W (09988.HK)  +1.500 (+1.750%)    Short selling $1.74B; Ratio 16.207%   jumped up 1.8% to $87.2. TENCENT (00700.HK)  -0.200 (-0.051%)    Short selling $908.19M; Ratio 8.228%   fell 0.1% to $388.6. MEITUAN-W (03690.HK)  +2.100 (+1.570%)    Short selling $1.24B; Ratio 15.198%   added 1.6% to $135.9. XIAOMI-W (01810.HK)  +0.080 (+0.404%)    Short selling $362.41M; Ratio 13.554%   , JD-SW (09618.HK)  +0.800 (+0.716%)    Short selling $498.74M; Ratio 25.696%   and BIDU-SW (09888.HK)  +0.150 (+0.176%)    Short selling $226.01M; Ratio 23.878%   gained less than 1%. NTES-S (09999.HK)  +1.600 (+1.306%)    Short selling $111.02M; Ratio 14.385%   and BILIBILI-W (09626.HK)  +3.200 (+2.619%)    Short selling $72.92M; Ratio 15.432%   grew 1.3% and 2.6%. Shareholders of KUAISHOU-W (01024.HK)  -0.650 (-1.544%)    Short selling $243.18M; Ratio 3.731%   reportedly sold 91.7 million shares of the company at a discount. In the morning session, 91.7 million shares were transacted during the Closing Auction Session (CAS) at $40.54 per share, involving $3.72 billion. KUAISHOU-W closed at $41.45, down 1.5%. SENSETIME-W (00020.HK)  +0.070 (+6.364%)    Short selling $44.39M; Ratio 5.987%   shot up 6.4% after co-founder Xu Bing increased 10 million Class B shares.

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Rumor spread that the EU reportedly put off voting on additional tariffs on China-made electric vehicles (EVs). EV makers XPENG-W (09868.HK)  +2.450 (+6.882%)    Short selling $154.44M; Ratio 12.715%   and GEELY AUTO (00175.HK)  +0.650 (+6.974%)    Short selling $271.79M; Ratio 20.243%   rallied 6.9% and 7%. NIO-SW (09866.HK)  +1.000 (+2.436%)    Short selling $128.67M; Ratio 26.912%   and LI AUTO-W (02015.HK)  +2.300 (+2.766%)    Short selling $193.01M; Ratio 9.499%   mounted more than 2%. BYD COMPANY (01211.HK)  +0.200 (+0.082%)    Short selling $486.77M; Ratio 15.557%   edged up 0.1% to $245.2.

Consumer stocks escalated, with MNSO (09896.HK)  +1.800 (+5.687%)    Short selling $70.96M; Ratio 30.445%   and ZHONGSHENG HLDG (00881.HK)  +0.580 (+6.517%)    Short selling $32.32M; Ratio 20.890%   surging 5.7% and 6.5% respectively, LI NING (02331.HK)  +0.660 (+4.769%)    Short selling $82.42M; Ratio 11.601%   soaring 4.8%, and ANTA SPORTS (02020.HK)  +2.350 (+3.253%)    Short selling $123.55M; Ratio 13.603%   and XTEP INT'L (01368.HK)  +0.140 (+3.050%)    Short selling $1.28M; Ratio 3.302%   swelling more than 3%. Pharmaceutical CSPC PHARMA (01093.HK)  +0.300 (+6.397%)    Short selling $185.59M; Ratio 14.508%   proposed to further repurchase up to $5 billion of shares, and its stock price mushroomed 6.4%. CANSINOBIO (06185.HK)  +1.200 (+5.985%)    Short selling $606.22K; Ratio 1.917%   rocketed 6%. PHARMARON (03759.HK)  +1.270 (+12.867%)    Short selling $13.58M; Ratio 8.383%   , WUXI APPTEC (02359.HK)  +4.450 (+11.695%)    Short selling $135.77M; Ratio 20.776%   and WUXI BIO (02269.HK)  +1.260 (+10.396%)    Short selling $241.30M; Ratio 12.627%   leaped 10.4%-12.9%.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-09-20 16:25.)