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<H Shrs>HSI Opens 246 pts Higher as XPENG-W Spikes 15%; SMIC Mounts 5%+ Post-results
The HSI opened 246 points or 1.2% higher at 21,199. The HSCEI opened 97 points or 1.3% higher at 7,644. The HSTECH opened 108 points or 2.3% higher at 4,786.The first AI car, ̶...
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<H Shrs>HSI Opens 246 pts Higher as XPENG-W Spikes 15%; SMIC Mounts 5%+ Post-results
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The HSI opened 246 points or 1.2% higher at 21,199. The HSCEI opened 97 points or 1.3% higher at 7,644. The HSTECH opened 108 points or 2.3% higher at 4,786.

The first AI car, “Xpeng P7+” received over 10,000 orders within 12 minutes of launch. XPENG-W (09868.HK)  -2.700 (-4.534%)    Short selling $228.00M; Ratio 13.663%   spiked 15% to $57.5. For other automakers, BYD COMPANY (01211.HK)  -2.800 (-1.012%)    Short selling $456.59M; Ratio 20.178%   and NIO-SW (09866.HK)  -2.750 (-6.748%)    Short selling $118.11M; Ratio 52.201%   leaped 3.1% and 3.2%, while GEELY AUTO (00175.HK)  -0.300 (-2.055%)    Short selling $538.59M; Ratio 30.427%   and LI AUTO-W (02015.HK)  -5.350 (-5.596%)    Short selling $198.95M; Ratio 12.051%   climbed 1.8% and 1.3%.

SMIC (00981.HK)  -2.350 (-7.966%)    Short selling $449.28M; Ratio 7.806%   advanced 5.5% as its 3Q24 net profit rose 58%. NTES-S (09999.HK)  +0.500 (+0.415%)    Short selling $172.20M; Ratio 16.706%   shed 2.7% after it said that game anti-corruption investigation is still underway, and that its anti-corruption efforts have never ceased.

For other techs, BABA-W (09988.HK)  -3.550 (-3.773%)    Short selling $1.16B; Ratio 14.187%   gained 2.5% to $98, while TENCENT (00700.HK)  -9.400 (-2.275%)    Short selling $1.38B; Ratio 12.414%   jumped 1.5% to $435. MEITUAN-W (03690.HK)  -9.900 (-5.334%)    Short selling $2.00B; Ratio 18.670%   lifted 1.6% to $203, while XIAOMI-W (01810.HK)  -0.850 (-2.901%)    Short selling $1.47B; Ratio 27.587%   and BIDU-SW (09888.HK)  -3.500 (-4.014%)    Short selling $210.53M; Ratio 19.118%   picked up 0.5% and 1.3%. JD-SW (09618.HK)  -7.600 (-5.010%)    Short selling $160.24M; Ratio 5.716%   and BILIBILI-W (09626.HK)  -8.000 (-4.497%)    Short selling $39.50M; Ratio 5.759%   elevated 4.3% and 5%, while KUAISHOU-W (01024.HK)  -1.500 (-2.910%)    Short selling $188.70M; Ratio 8.110%   mounted 3.2%.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-11-12 16:25.)

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