The HSI opened 126 points or 0.7% lower at 18,742. The HSCEI opened 41 points or 0.6% lower at 6,660. The HSTECH opened 31 points or 0.8% lower at 3,865.
XIAOMI-W (01810.HK) -0.640 (-3.379%) Short selling $545.63M; Ratio 16.306% 's 1Q24 non-IFRS net profit rose 101%, far beating estimations. XIAOMI-W raised its full-year auto delivery target to 120,000 units, but its share price slid 0.1%. NTES-S (09999.HK) +0.600 (+0.424%) Short selling $47.34M; Ratio 1.996% 's 1Q24 non-GAAP net profit grew 12%, in line with expectations, and its share price leaped 3.3%. BILIBILI-W (09626.HK) -13.500 (-11.269%) Short selling $210.49M; Ratio 23.041% 's 1Q24 adjusted net loss narrowed to nearly RMB440 million. BILIBILI-W's ADR plummeted over 12%, and opened 0.8% lower in morning session.
BABA-SW (09988.HK) -0.500 (-0.636%) Short selling $350.10M; Ratio 9.199% intended to issue convertible senior notes to raise up to US$5 billion. BABA-SW cratered over 6% in yesterday's afternoon session, and slid 0.3% to $78.45 in morning session. For other techs, TENCENT (00700.HK) -4.800 (-1.257%) Short selling $1.02B; Ratio 14.093% , MEITUAN-W (03690.HK) -3.200 (-2.678%) Short selling $461.73M; Ratio 15.075% and JD-SW (09618.HK) -4.100 (-3.314%) Short selling $161.15M; Ratio 9.411% lost 0.9-1.2%, while BIDU-SW (09888.HK) -1.150 (-1.161%) Short selling $105.56M; Ratio 14.102% ebbed 0.6%. KUAISHOU-W (01024.HK) -2.500 (-4.227%) Short selling $581.93M; Ratio 20.896% climbed 0.1%.
For EV makers, NIO-SW (09866.HK) -2.600 (-6.508%) Short selling $83.20M; Ratio 49.492% and XPENG-W (09868.HK) -1.000 (-3.049%) Short selling $115.02M; Ratio 25.041% slipped 5.1% and 2.7%, while BYD COMPANY (01211.HK) -3.600 (-1.701%) Short selling $280.43M; Ratio 25.345% faded 0.8% and 1.5%.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-05-24 16:25.)
