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.)