＜H Shrs＞HSI Elevates 224 pts at Midday; CN Property & Consumer Stocks Rally, as SHIMAO GROUP Rockets 42%

　　Hong Kong stocks elevated in the morning. HSI escalated 224 points, or 1.2%, to 18,538 at the half-day. HSCEI rose 105 points or 1.6% to 6,561. HSTECH advanced 74 points or 1.9% to 3,946. Half-day turnover totalled $69.41 billion. TRACKER FUND (02800.HK) +0.280 (+1.521%) Short selling $1.33B; Ratio 15.692% advanced 1.5% to $18.69, with half-day turnover of nearly $8.5 billion.

　　Today is the ex-dividend date of HSBC HOLDINGS (00005.HK) +0.474 (+0.698%) Short selling $234.68M; Ratio 11.657% . Its share price elevated 0.7% to $68.4. HKEX (00388.HK) +3.800 (+1.473%) Short selling $39.20M; Ratio 5.969% and AIA (01299.HK) +1.250 (+2.041%) Short selling $97.86M; Ratio 6.220% inclined 1.5% and 2%. Chinese insurers PING AN (02318.HK) +1.300 (+3.412%) Short selling $103.54M; Ratio 11.074% , CHINA TAIPING (00966.HK) +0.260 (+3.435%) Short selling $1.05M; Ratio 5.415% , PICC P&C (02328.HK) +0.300 (+3.132%) Short selling $16.92M; Ratio 8.101% , CPIC (02601.HK) +0.520 (+2.905%) Short selling $7.73M; Ratio 18.484% and ZA ONLINE (06060.HK) +0.560 (+4.088%) Short selling $5.93M; Ratio 18.959% ascended 2.9% to 4.1%.

　　Related NewsCLSA Lifts JD.com (JD.US) TP to US$40; Expected to Benefit from Home Appliances Trade-in Policy

　　Chinese property stocks were boosted by Hangzhou's complete lifting of housing purchase restrictions and free household registration for home buyers. SHIMAO GROUP (00813.HK) +0.190 (+42.222%) skyrocketed 42%, while CIFI HOLD GP (00884.HK) +0.045 (+14.063%) Short selling $658.39K; Ratio 0.903% , KWG GROUP (01813.HK) +0.050 (+16.393%) , SUNAC (01918.HK) +0.170 (+14.167%) Short selling $7.75M; Ratio 1.597% , SINO-OCEAN GP (03377.HK) +0.045 (+14.754%) and AGILE GROUP (03383.HK) +0.080 (+15.385%) Short selling $2.58M; Ratio 11.293% soared 14% to 16%. CHINA JINMAO (00817.HK) +0.050 (+7.692%) Short selling $1.69M; Ratio 7.770% , R&F PROPERTIES (02777.HK) +0.090 (+9.783%) Short selling $482.22K; Ratio 9.091% and CHINA VANKE (02202.HK) +0.370 (+8.277%) Short selling $17.27M; Ratio 6.444% surged 7.7% to 9.8%, while LONGFOR GROUP (00960.HK) +0.660 (+5.739%) Short selling $22.97M; Ratio 10.585% and GREENTOWN CHINA (03900.HK) +0.460 (+6.525%) Short selling $8.66M; Ratio 10.820% hiked 5.7% and 6.5%. Property manager CG SERVICES (06098.HK) +0.310 (+5.657%) Short selling $6.59M; Ratio 10.553% also rallied 5.7%.

　　Domestic demand and consumer stocks advanced. TSINGTAO BREW (00168.HK) +1.800 (+3.020%) Short selling $18.50M; Ratio 15.981% , CHINA RES BEER (00291.HK) +1.350 (+3.668%) Short selling $10.85M; Ratio 8.462% , LI NING (02331.HK) +0.750 (+3.589%) Short selling $23.21M; Ratio 14.806% , CTG DUTY-FREE (01880.HK) +2.050 (+3.166%) Short selling $6.02M; Ratio 13.712% and MAOYAN ENT (01896.HK) +0.340 (+3.512%) Short selling $2.61M; Ratio 12.384% inclined 3% to 3.7%. XIABUXIABU (00520.HK) +0.090 (+5.233%) Short selling $614.80K; Ratio 13.617% , XTEP INT'L (01368.HK) +0.280 (+5.578%) Short selling $283.31K; Ratio 0.859% and MNSO (09896.HK) +2.650 (+5.705%) Short selling $23.57M; Ratio 26.625% lifted more than 5%. Car stocks GWMOTOR (02333.HK) +0.480 (+4.068%) Short selling $44.56M; Ratio 20.441% and DONGFENG GROUP (00489.HK) +0.090 (+3.169%) Short selling $7.46M; Ratio 21.045% mounted 4.1% and 3.2%.

　　BYD ELECTRONIC (00285.HK) +1.900 (+6.485%) Short selling $37.79M; Ratio 8.074% , Q TECH (01478.HK) +0.210 (+6.000%) Short selling $1.90M; Ratio 14.106% and SUNNY OPTICAL (02382.HK) +2.150 (+5.289%) Short selling $115.51M; Ratio 32.662% rallied 5.3% to 6.5% after Apple announced new iPads.

　　Related NewsG Sachs Slightly Raises COSCO SHIP HOLD (01919.HK) TP to $6.9; 1Q24 Earnings in Line

　　Chip stocks SMIC (00981.HK) +0.780 (+5.098%) Short selling $8.36M; Ratio 2.152% and HUA HONG SEMI (01347.HK) +1.380 (+8.812%) Short selling $15.52M; Ratio 9.348% surged 5.1% and 8.8% after the US withdrew licences to export chips to Huawei, while PC maker LENOVO GROUP (00992.HK) +0.590 (+6.277%) Short selling $49.24M; Ratio 10.234% ascended 6.3%. In other tech stocks, BABA-SW (09988.HK) +0.400 (+0.525%) Short selling $42.25M; Ratio 1.912% climbed 0.5%, TENCENT (00700.HK) +7.200 (+1.992%) Short selling $383.19M; Ratio 11.933% , JD-SW (09618.HK) +1.700 (+1.367%) Short selling $69.07M; Ratio 18.714% , BIDU-SW (09888.HK) +1.300 (+1.216%) Short selling $23.36M; Ratio 7.615% , NTES-S (09999.HK) +2.400 (+1.589%) Short selling $34.44M; Ratio 11.736% and KUAISHOU-W (01024.HK) +1.000 (+1.754%) Short selling $221.55M; Ratio 27.833% increased 1.2% to 2%, and BILIBILI-W (09626.HK) +2.900 (+2.675%) Short selling $80.98M; Ratio 28.565% inclined 2.7%. MEITUAN-W (03690.HK) +4.900 (+4.317%) Short selling $428.23M; Ratio 17.729% and SENSETIME-W (00020.HK) +0.060 (+4.255%) Short selling $102.78M; Ratio 8.342% escalated 4.3%.

　　Pharmaceutical stocks SINO BIOPHARM (01177.HK) +0.130 (+4.467%) Short selling $19.37M; Ratio 15.498% , WUXI BIO (02269.HK) +0.680 (+4.816%) Short selling $35.65M; Ratio 6.428% , PHARMARON (03759.HK) +0.450 (+4.559%) Short selling $178.77K; Ratio 0.491% , CHINARES PHARMA (03320.HK) +0.220 (+4.159%) Short selling $3.55M; Ratio 4.572% and GENSCRIPT BIO (01548.HK) +0.480 (+3.993%) Short selling $11.05M; Ratio 6.801% escalated more than 4%, while BEIGENE (06160.HK) +5.200 (+5.485%) Short selling $20.70M; Ratio 15.606% and CANSINOBIO (06185.HK) +1.050 (+5.250%) Short selling $141.78K; Ratio 0.719% mounted more than 5%.

　　The Baltic Dry Index lifted for the fifth consecutive time. OOIL (00316.HK) +6.500 (+5.376%) Short selling $7.04M; Ratio 5.039% and COSCO SHIP HOLD (01919.HK) +0.700 (+6.554%) Short selling $68.21M; Ratio 14.835% rallied 5.4% and 6.6%, while PACIFIC BASIN (02343.HK) +0.140 (+4.965%) Short selling $5.43M; Ratio 5.882% also advanced 5%.

　　Related NewsCiti: US Investors Agree CN Internet Offers Attractive Opportunities; Long Funds Turn from UW to OW CN Shrs

　　(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-05-09 12:25.)

　　AAStocks Financial News