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<H Shrs>HSI Opens 149 pts Lower as BABA-W, MEITUAN-W Subtract; Chips Rally Against Trend
The HSI opened 149 points or 0.7% lower at 21,316. The HSCEI dipped 71 points or 0.9% to 7,911. The HSTECH dropped 72 points or 1.5% to 4,908.As the US has restricted Nvidia (NVDA....
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<H Shrs>HSI Opens 149 pts Lower as BABA-W, MEITUAN-W Subtract; Chips Rally Against Trend
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The HSI opened 149 points or 0.7% lower at 21,316. The HSCEI dipped 71 points or 0.9% to 7,911. The HSTECH dropped 72 points or 1.5% to 4,908.

As the US has restricted Nvidia (NVDA.US)      's H20 chip exports to China, chip autonomy concepts 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%   opened up 2.4% and 2.7%. It is reported that XIAOMI-W (01810.HK)  +0.700 (+1.697%)    Short selling $564.34M; Ratio 7.135%   has established a chip platform department, yet its stock price fell 1.4% to $42.5.

Related NewsInitial Jobless Claims for Apr/12 in United States is 215.0K, lower than the previous value of 224.0K. The forecast was 225K.
Among other tech stocks, BABA-W (09988.HK)  +3.300 (+3.131%)    Short selling $2.67B; Ratio 21.728%   and MEITUAN-W (03690.HK)  +1.600 (+1.186%)    Short selling $872.26M; Ratio 11.443%   opened down 2.6% and 2.5%. TENCENT (00700.HK)  +10.000 (+2.232%)    Short selling $959.90M; Ratio 8.579%   , NTES-S (09999.HK)  +6.900 (+4.557%)    Short selling $343.83M; Ratio 30.904%   , and BILIBILI-W (09626.HK)  +2.600 (+2.044%)    Short selling $67.43M; Ratio 14.922%   faltered 1.2-1.7%. JD-SW (09618.HK)  +0.800 (+0.578%)    Short selling $163.00M; Ratio 11.039%   , BIDU-SW (09888.HK)  +2.050 (+2.547%)    Short selling $134.01M; Ratio 20.314%   , and KUAISHOU-W (01024.HK)  +1.350 (+2.772%)    Short selling $193.36M; Ratio 13.907%   sank 2.1%. SUNNY OPTICAL (02382.HK)  0.000 (0.000%)    Short selling $96.39M; Ratio 13.553%   and BYD ELECTRONIC (00285.HK)  +0.300 (+0.945%)    Short selling $66.59M; Ratio 16.329%   waned 1.2% and 1.7%.

Car makers GEELY AUTO (00175.HK)  +0.040 (+0.259%)    Short selling $154.15M; Ratio 22.042%   and XPENG-W (09868.HK)  +0.200 (+0.273%)    Short selling $250.77M; Ratio 20.380%   opened 1.8% and 3.7% lower, while BYD COMPANY (01211.HK)  +2.200 (+0.605%)    Short selling $514.20M; Ratio 29.366%   remained flat at $375.4.

As gold prices hit a new high, SD GOLD (01787.HK)  -0.600 (-2.444%)    Short selling $159.21M; Ratio 13.405%   and ZHAOJIN MINING (01818.HK)  -0.500 (-2.575%)    Short selling $127.31M; Ratio 14.800%   soared 4.2% and 3.4% at open. ZIJIN MINING (02899.HK)  +0.040 (+0.233%)    Short selling $401.45M; Ratio 28.510%   also escalated 1.3%.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-04-17 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

Related NewsAPI Crude Oil Stock Change for Apr/11 in United States is 2.400M, higher than the previous value of -1.057M. The forecast was -1.68M.

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