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<H Shrs>HSI Concludes 373 Pts Lower; XIAOMI, NONGFU SPRING Slip 7%; CN Consumers Subdued

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2024-06-27 16:31

The HSI slid 373 pts or 2.1% to close at 17,716. The HSCEI dipped 153 pts or 2.4% to close at 6,324. The HSTECH shed 100 pts or 2.7% to close at 3,588...

  The HSI slid 373 pts or 2.1% to close at 17,716. The HSCEI dipped 153 pts or 2.4% to close at 6,324. The HSTECH shed 100 pts or 2.7% to close at 3,588. Total market turnover for the whole day was $104.225 billion.

  Amazon (AMZN.US) will roll out a Temu-like zone to ship directly from China. E-commerce operator BABA-SW (09988.HK) -1.300 (-1.784%) Short selling $340.15M; Ratio 12.602% fell 1.8%. For other techs, XIAOMI-W (01810.HK) -1.280 (-7.183%) Short selling $441.30M; Ratio 10.740% dived 7.2% to $16.54. TENCENT (00700.HK) -7.600 (-1.990%) Short selling $570.25M; Ratio 8.667% , JD-SW (09618.HK) -2.400 (-2.224%) Short selling $247.31M; Ratio 22.262% , MEITUAN-W (03690.HK) -3.300 (-2.821%) Short selling $357.02M; Ratio 11.369% and KUAISHOU-W (01024.HK) -1.100 (-2.316%) Short selling $101.25M; Ratio 10.552% lost 2%-2.8%. BIDU-SW (09888.HK) -1.200 (-1.375%) Short selling $237.08M; Ratio 30.175% faded 1.4%. SENSETIME-W (00020.HK) -0.060 (-4.286%) Short selling $33.61M; Ratio 5.923% , ALI HEALTH (00241.HK) -0.170 (-5.075%) Short selling $46.03M; Ratio 29.458% , JD HEALTH (06618.HK) -1.250 (-5.531%) Short selling $18.98M; Ratio 11.484% and BILIBILI-W (09626.HK) -6.400 (-4.808%) Short selling $102.69M; Ratio 21.010% cratered 4.3%-5.5%. WEIMOB INC (02013.HK) -0.110 (-7.333%) Short selling $3.27M; Ratio 10.581% tumbled 7.3%.

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  A number of consumer and domestic demand stocks were squeezed. HISENSE HA (00921.HK) -3.250 (-10.350%) Short selling $42.94M; Ratio 15.719% collapsed 10.4%. HAIER SMARTHOME (06690.HK) -1.500 (-5.415%) Short selling $115.78M; Ratio 24.239% plunged 5.4%. Price war stirred up among pure water producers in Mainland China. TINGYI (00322.HK) -0.650 (-6.474%) Short selling $35.18M; Ratio 25.175% and NONGFU SPRING (09633.HK) -2.950 (-7.366%) Short selling $134.30M; Ratio 27.508% stumbled 6.5% and 7.4%, with the latter being the biggest loser among blue chips. LI NING (02331.HK) -0.600 (-3.386%) Short selling $30.63M; Ratio 6.151% , HAIDILAO (06862.HK) -0.500 (-3.425%) Short selling $33.73M; Ratio 16.297% and CHINA RES BEER (00291.HK) -0.950 (-3.375%) Short selling $36.41M; Ratio 14.497% plummeted 3.4%. Pharmaceuticals also slipped, with WUXI BIO (02269.HK) -0.520 (-4.262%) Short selling $106.47M; Ratio 19.251% , LUYE PHARMA (02186.HK) -0.120 (-4.225%) Short selling $6.15M; Ratio 16.744% , FOSUN PHARMA (02196.HK) -0.560 (-4.082%) Short selling $2.40M; Ratio 4.455% , PHARMARON (03759.HK) -0.430 (-4.767%) Short selling $7.06M; Ratio 22.867% , CANSINOBIO (06185.HK) -0.800 (-3.960%) Short selling $932.91K; Ratio 12.047% and AKESO (09926.HK) -1.650 (-4.094%) Short selling $56.60M; Ratio 34.890% slipping more than 4%, and BEIGENE (06160.HK) -5.150 (-5.700%) Short selling $12.38M; Ratio 10.952% losing 5.7%.

  (HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-06-27 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

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