US bourse was meager last Friday (24th), with the DJIA fading 140 points or 0.3%. Hong Kong stocks opened higher on the futures settlement day. The HSI opened higher by 51 points or 0.3% at 20,118; the HSCEI opened higher by 33 points or 0.5% at 7,345; and the HSTECH opened higher by 48 points or 1% at 4,706.

China is looking at the gradual relaxation or cancellation of the car purchase restriction policy. LI AUTO-W (02015.HK)  -0.100 (-0.109%)    Short selling $35.73M; Ratio 21.434%   added 0.8%. BYD COMPANY (01211.HK)  -1.800 (-0.655%)    Short selling $72.96M; Ratio 13.577%   and NIO-SW (09866.HK)  0.000 (0.000%)    Short selling $11.15M; Ratio 32.221%   hiked 0.1% and 0.2%, respectively. GEELY AUTO (00175.HK)  -0.160 (-1.107%)    Short selling $39.10M; Ratio 23.989%   sank 0.8%. Lei Jun said that the total delivery volume of Xiaomi SU7 surpassed 150,000 units. XIAOMI-W (01810.HK)  +1.200 (+3.235%)    Short selling $565.49M; Ratio 17.511%   leaped 2.2% at a new high of $37.65. Its fellow KINGSOFT (03888.HK)  +2.150 (+5.819%)    Short selling $315.24M; Ratio 61.731%   rallied 3.7%.

As for other techs, BABA-W (09988.HK)  +1.050 (+1.203%)    Short selling $319.11M; Ratio 12.834%   and BIDU-SW (09888.HK)  +3.050 (+3.599%)    Short selling $280.77M; Ratio 24.593%   soared 2.2% and 2.9%, respectively. TENCENT (00700.HK)  +5.600 (+1.416%)    Short selling $309.01M; Ratio 5.410%   lost 0.7%. MEITUAN-W (03690.HK)  -1.500 (-1.002%)    Short selling $183.06M; Ratio 7.350%   , JD-SW (09618.HK)  -0.400 (-0.254%)    Short selling $187.86M; Ratio 17.322%   and NTES-S (09999.HK)  +2.700 (+1.706%)    Short selling $103.00M; Ratio 16.683%   gained 1.2%-1.4%. Chip stocks HUA HONG SEMI (01347.HK)  +0.300 (+1.330%)    Short selling $24.79M; Ratio 15.710%   and SMIC (00981.HK)  -0.150 (-0.393%)    Short selling $209.38M; Ratio 15.003%   climbed 1.4% and 1.6% respectively.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-01-28 12:25.)