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<H Shrs>HSI Finishes Up 338Pts, Steered by Techs & CN Developers; BABA-W Up 3%+
The HSI escalated 338 points or 1.6% to close at 21,395. The HSCEI gained 118 points or 1.5% to 7,897. The HSTECH added 91 points or 1.9% to 4,887. Total market turnover reached HK...
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<H Shrs>HSI Finishes Up 338Pts, Steered by Techs & CN Developers; BABA-W Up 3%+
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The HSI escalated 338 points or 1.6% to close at 21,395. The HSCEI gained 118 points or 1.5% to 7,897. The HSTECH added 91 points or 1.9% to 4,887. Total market turnover reached HKD192.411 billion.

For techs, IDC said that XIAOMI-W (01810.HK)  +0.700 (+1.697%)    Short selling $564.34M; Ratio 7.135%   led China’s smartphone shipments in 1Q25, with its stock up 1.7%. BABA-W (09988.HK)  +3.300 (+3.131%)    Short selling $2.67B; Ratio 21.728%   and TENCENT (00700.HK)  +10.000 (+2.232%)    Short selling $959.90M; Ratio 8.579%   advanced 3.1% and 2.2%, respectively. BIDU-SW (09888.HK)  +2.050 (+2.547%)    Short selling $134.01M; Ratio 20.314%   , BILIBILI-W (09626.HK)  +2.600 (+2.044%)    Short selling $67.43M; Ratio 14.922%   and KUAISHOU-W (01024.HK)  +1.350 (+2.772%)    Short selling $193.36M; Ratio 13.907%   rallied 2%-2.8%. NTES-S (09999.HK)  +6.900 (+4.557%)    Short selling $343.83M; Ratio 30.904%   surged 4.6%. MEITUAN-W (03690.HK)  +1.600 (+1.186%)    Short selling $872.26M; Ratio 11.443%   and JD-SW (09618.HK)  +0.800 (+0.578%)    Short selling $163.00M; Ratio 11.039%   lifted 1.2% and 0.6%, respectively.

Other techs GDS-SW (09698.HK)  +1.980 (+10.988%)    Short selling $35.09M; Ratio 11.760%   and XD INC (02400.HK)  +1.750 (+5.863%)    Short selling $20.01M; Ratio 13.833%   jumped up 11% and 5.9%, respectively. NETEASE MUSIC (09899.HK)  +5.900 (+3.920%)    Short selling $20.99M; Ratio 20.653%   , KINGDEE INT'L (00268.HK)  +0.460 (+4.056%)    Short selling $89.59M; Ratio 18.509%   , NEW ORIENTAL-S (09901.HK)  +1.350 (+3.971%)    Short selling $36.43M; Ratio 17.440%   , KINGSOFT (03888.HK)  +1.200 (+3.395%)    Short selling $85.42M; Ratio 35.389%   and WEIMOB INC (02013.HK)  +0.050 (+3.185%)    Short selling $36.02M; Ratio 14.058%   spiked 3.2%-4.1%. KINGSOFT CLOUD (03896.HK)  -0.340 (-5.321%)    Short selling $223.86M; Ratio 21.836%   sagged 5.3% after announcing a potential USD2.264 billion raise through ADS and share issuance.

Chip stocks SMIC (00981.HK)  +0.600 (+1.322%)    Short selling $389.19M; Ratio 8.184%   and HUA HONG SEMI (01347.HK)  +1.150 (+3.286%)    Short selling $273.62M; Ratio 15.518%   hiked 1.3% and 3.3%, respectively. Handset component makers AAC TECH (02018.HK)  +0.900 (+2.761%)    Short selling $19.00M; Ratio 5.374%   , Q TECH (01478.HK)  +0.160 (+2.787%)    Short selling $4.47M; Ratio 20.544%   and COWELL (01415.HK)  +0.500 (+2.593%)    Short selling $25.05M; Ratio 16.860%   rose over 2%. PC manufacturer LENOVO GROUP (00992.HK)  +0.190 (+2.408%)    Short selling $80.09M; Ratio 15.741%   soared 2.4%.

Chinese property developers rallied, with KWG GROUP (01813.HK)  +0.025 (+8.065%)   up 8.1%; SEAZEN (01030.HK)  +0.130 (+6.667%)    Short selling $14.88M; Ratio 10.631%   and YUEXIU PROPERTY (00123.HK)  +0.300 (+6.289%)    Short selling $9.58M; Ratio 5.107%   up over 6%; SUNAC (01918.HK)  +0.080 (+5.333%)    Short selling $43.87M; Ratio 4.433%   , CIFI HOLD GP (00884.HK)  +0.012 (+5.357%)   and CHINA VANKE (02202.HK)  +0.280 (+4.982%)    Short selling $43.90M; Ratio 8.728%   up 5%-5.4%; LONGFOR GROUP (00960.HK)  +0.460 (+4.519%)    Short selling $94.64M; Ratio 12.769%   and AGILE GROUP (03383.HK)  +0.020 (+4.396%)    Short selling $271.08K; Ratio 12.980%   up over 4%. Property manager CHINA RES MIXC (01209.HK)  -1.500 (-3.979%)    Short selling $87.19M; Ratio 32.498%   plunged 4%.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-04-17 16:25.)

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