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<H Shrs>HSI Opens 27 pts Higher as ZIJIN MINING Climbs 2%+; XPENG-W, NIO-SW Wane
The HSI opened 27 points or 0.1% higher at 20,106 in the morning session. The HSCEI opened 6 points or 0.1% higher at 7,185. The HSTECH opened 12 points or 0.3% lower at 4,337.XPEN...
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<H Shrs>HSI Opens 27 pts Higher as ZIJIN MINING Climbs 2%+; XPENG-W, NIO-SW Wane
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The HSI opened 27 points or 0.1% higher at 20,106 in the morning session. The HSCEI opened 6 points or 0.1% higher at 7,185. The HSTECH opened 12 points or 0.3% lower at 4,337.

XPENG-W (09868.HK)  +0.600 (+1.434%)    Short selling $316.18M; Ratio 27.299%   still sagged 3.2% after denying reaching a private deal with the EU on EV tariff. For other carmakers, BYD COMPANY (01211.HK)  +16.400 (+6.061%)    Short selling $468.60M; Ratio 17.825%   picked up 0.4% to $271.6, while NIO-SW (09866.HK)  +0.600 (+1.430%)    Short selling $87.94M; Ratio 28.370%   cascaded 4.2%.

Related NewsHSBC Global Research Favors Companies w/ High Exposure to CN Consumption like Smartphones/ Home Appliances, Prefers XIAOMI-W/ AAC TECH
Gold prices logged a new high near the US$2,700 level, with ZIJIN MINING (02899.HK)  +0.640 (+3.865%)    Short selling $137.67M; Ratio 20.497%   jumping 2.1%. For other stocks, HSBC HOLDINGS (00005.HK)  +0.750 (+1.104%)    Short selling $381.32M; Ratio 28.514%   added 0.7% to $68.4, while HKEX (00388.HK)  +17.000 (+5.667%)    Short selling $211.77M; Ratio 4.132%   opened flat at $300.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-10-18 16:25.)

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