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<H Shrs>HSI Opens 211 pts Higher as Chip Stocks Escalate; SMIC Swells
The HSI opened 211 points or 0.9% higher at 22,948. The HSCEI opened 87 points or 1.1% higher at 8,243. The HSTECH opened 71 points or 1.4% higher at 5,298.Chip stocks were specula...
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<H Shrs>HSI Opens 211 pts Higher as Chip Stocks Escalate; SMIC Swells
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The HSI opened 211 points or 0.9% higher at 22,948. The HSCEI opened 87 points or 1.1% higher at 8,243. The HSTECH opened 71 points or 1.4% higher at 5,298.

Chip stocks were speculated, with SMIC (00981.HK)  +5.950 (+21.755%)    Short selling $420.69M; Ratio 3.651%   and HUA HONG SEMI (01347.HK)  +4.550 (+16.250%)    Short selling $479.21M; Ratio 20.220%   rallying 9% and 8.6%. For other techs, WB-SW (09898.HK)  +8.200 (+9.658%)    Short selling $6.58M; Ratio 15.026%   shot up 8.1%, while EAST BUY (01797.HK)  -1.550 (-5.962%)    Short selling $40.19M; Ratio 9.585%   and SENSETIME-W (00020.HK)  +0.210 (+9.906%)    Short selling $155.58M; Ratio 5.278%   advanced 5.2%.

Related NewsCMBI Expects CN Semiconductor Stocks' Mkt Momentum to Persist in ST; SMIC, HUA HONG SEMI, Others May Be Favored by Funds
In addition, BABA-W (09988.HK)  +0.700 (+0.615%)    Short selling $2.09B; Ratio 17.372%   , TENCENT (00700.HK)  +0.800 (+0.168%)    Short selling $767.48M; Ratio 6.343%   and BIDU-SW (09888.HK)  +0.500 (+0.452%)    Short selling $626.76M; Ratio 25.107%   added by less than 1%, while XIAOMI-W (01810.HK)  +1.300 (+5.295%)    Short selling $561.11M; Ratio 10.019%   hiked 1.4%. KUAISHOU-W (01024.HK)  +2.450 (+4.167%)    Short selling $390.94M; Ratio 12.052%   and JD-SW (09618.HK)  +2.300 (+1.258%)    Short selling $499.66M; Ratio 11.150%   climbed 2% and 2.1%, while MEITUAN-W (03690.HK)  -0.200 (-0.094%)    Short selling $1.40B; Ratio 12.982%   and BILIBILI-W (09626.HK)  -3.600 (-1.633%)    Short selling $266.42M; Ratio 20.261%   slid 0.7% and 1.4%.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-10-07 16:25.)

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