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<H Shrs>HSI Slips 277 pts at Close as Techs, CN Consumers Fall; BIDU Wanes 5%+

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2024-07-15 16:28

The HSI slipped 277 points or 1.5% to close at 18,015. The HSCEI faded 110 points or 1.7% to close at 6,421. The HSTECH lost 109 points or 2.9% to clo...

  The HSI slipped 277 points or 1.5% to close at 18,015. The HSCEI faded 110 points or 1.7% to close at 6,421. The HSTECH lost 109 points or 2.9% to close at 3,672. Total market turnover for the day amounted to $91.147 billion.

  Techs generally retreated. TENCENT (00700.HK) -6.800 (-1.713%) Short selling $975.25M; Ratio 18.207% slid 1.7% to $390.2, while BABA-SW (09988.HK) -1.750 (-2.232%) Short selling $629.57M; Ratio 20.264% , MEITUAN-W (03690.HK) -2.700 (-2.217%) Short selling $601.62M; Ratio 24.487% , XIAOMI-W (01810.HK) -0.380 (-2.257%) Short selling $316.88M; Ratio 25.362% and KUAISHOU-W (01024.HK) -1.300 (-2.645%) Short selling $148.19M; Ratio 18.920% sagged 2.2-2.6%. JD-SW (09618.HK) -5.300 (-4.732%) Short selling $177.60M; Ratio 17.366% and BIDU-SW (09888.HK) -5.550 (-5.578%) Short selling $611.89M; Ratio 33.688% cascaded 4.7% and 5.6%, while BILIBILI-W (09626.HK) -11.000 (-8.059%) Short selling $116.50M; Ratio 20.751% descended 8.1%.

  Related NewsNomura Cuts JD LOGISTICS (02618.HK) TPto $9.4 as Rev. Growth Outlook Slows

  In addition, KINGDEE INT'L (00268.HK) -0.960 (-12.468%) Short selling $11.22M; Ratio 3.410% plunged 12.5%, while JD HEALTH (06618.HK) -1.200 (-5.275%) Short selling $39.47M; Ratio 29.659% eroded 5.3%. EAST BUY (01797.HK) -0.480 (-3.980%) Short selling $4.24M; Ratio 7.789% receded 4%, while chip stock HUA HONG SEMI (01347.HK) +0.450 (+2.000%) Short selling $38.14M; Ratio 15.988% and chip equipment stock ASMPT (00522.HK) +5.800 (+5.336%) Short selling $22.56M; Ratio 15.892% mounted 2% and 5.3%.

  Chinese consumers declined as the retail sales data of June missed expectations. XTEP INT'L (01368.HK) -0.280 (-5.374%) Short selling $5.05M; Ratio 10.382% stumbled 5.4%, while LI NING (02331.HK) -0.800 (-4.932%) Short selling $83.16M; Ratio 19.382% , NONGFU SPRING (09633.HK) -1.600 (-4.558%) Short selling $232.87M; Ratio 58.401% , MNSO (09896.HK) -1.550 (-4.079%) Short selling $12.40M; Ratio 8.191% , HISENSE HA (00921.HK) -1.200 (-4.858%) Short selling $8.23M; Ratio 10.318% and JIUMAOJIU (09922.HK) -0.180 (-4.724%) Short selling $11.85M; Ratio 29.506% cratered over 4%. WH GROUP (00288.HK) -0.010 (-0.191%) Short selling $59.76M; Ratio 23.709% spun off Smithfield to list in the US, and its share price opened 3.4% higher before decreasing. WH GROUP dropped 0.2% at close. JD LOGISTICS (02618.HK) -0.380 (-4.373%) Short selling $17.95M; Ratio 32.105% dipped 4.4%.

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