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Updated2024/11/14 11:30
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<H Shrs>HSI Wanes 291 Pts at Midday; CN Developers/ Infra/ Brokers/ Shippers Falter
After a slump of over 2,100 points yesterday (8th), the Hong Kong stock market wobbled this morning. The HSI opened 363 points higher, once rising 490 points to peak at 21,417. It ...
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<H Shrs>HSI Wanes 291 Pts at Midday; CN Developers/ Infra/ Brokers/ Shippers Falter
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After a slump of over 2,100 points yesterday (8th), the Hong Kong stock market wobbled this morning. The HSI opened 363 points higher, once rising 490 points to peak at 21,417. It then dropped 736 points to as low as 20,190, eventually ending the midday down 291 points, or 1.4%, at 20,635, with a high-low fluctuation of 1,227 points recorded this morning. The HSCEI lost 110 points, or 1.5%, to 7,373. The HSTECH slipped 40 points, or 0.9%, to 4,655. The total half-day turnover for the market amounted to $241.815 billion.

Chinese developers retreated. CHINA RES LAND (01109.HK)  -0.800 (-3.194%)    Short selling $98.57M; Ratio 27.246%   , SUNAC (01918.HK)  -0.090 (-3.169%)    Short selling $30.40M; Ratio 2.577%   , CHINA OVERSEAS (00688.HK)  -0.320 (-2.232%)    Short selling $53.83M; Ratio 18.479%   , LONGFOR GROUP (00960.HK)  -0.620 (-5.065%)    Short selling $55.45M; Ratio 22.075%   , and SEAZEN (01030.HK)  -0.080 (-3.604%)    Short selling $2.28M; Ratio 4.337%   dived over 5%. CHINA JINMAO (00817.HK)  -0.030 (-2.609%)    Short selling $4.48M; Ratio 13.160%   , CHINA VANKE (02202.HK)  -0.200 (-2.886%)    Short selling $70.76M; Ratio 17.638%   , and YUEXIU PROPERTY (00123.HK)  -0.030 (-0.493%)    Short selling $11.93M; Ratio 19.436%   shed 6.7-7.2%.

Building materials stocks CONCH CEMENT (00914.HK)  -0.150 (-0.699%)    Short selling $7.67M; Ratio 24.552%   and BBMG (02009.HK)  -0.010 (-1.205%)    Short selling $354.37K; Ratio 5.511%   plunged 8.3%. Steel stock MAANSHAN IRON (00323.HK)  -0.020 (-1.653%)    Short selling $759.22K; Ratio 29.883%   and heavy machinery stock ZOOMLION (01157.HK)  -0.150 (-2.825%)    Short selling $2.21M; Ratio 11.827%   plummeted 7.6% and 8.1%. Railway stocks CHINA RAIL CONS (01186.HK)  -0.100 (-1.845%)    Short selling $364.00K; Ratio 1.355%   , CHINA COMM CONS (01800.HK)  -0.070 (-1.316%)    Short selling $1.64M; Ratio 9.632%   , CHINA RAILWAY (00390.HK)  -0.030 (-0.767%)    Short selling $6.56M; Ratio 22.696%   , and CRRC (01766.HK)  -0.100 (-2.041%)    Short selling $2.18M; Ratio 13.268%   waned 5.9-7%.

As mainland China's stock markets ebbed, brokers CSC (06066.HK)  0.000 (0.000%)    Short selling $6.21M; Ratio 6.522%   , GF SEC (01776.HK)  -0.140 (-1.173%)    Short selling $3.25M; Ratio 8.079%   , and HTSC (06886.HK)  -0.060 (-0.417%)    Short selling $8.04M; Ratio 13.580%   cascaded 9-10%, while CGS (06881.HK)  +0.130 (+1.702%)    Short selling $44.27M; Ratio 12.987%   tumbled 7%. Chinese insurers CHINA LIFE (02628.HK)  +0.020 (+0.126%)    Short selling $90.88M; Ratio 28.406%   , PING AN (02318.HK)  +0.350 (+0.753%)    Short selling $244.57M; Ratio 32.042%   , PICC GROUP (01339.HK)  -0.020 (-0.506%)    Short selling $6.00M; Ratio 10.817%   , and CPIC (02601.HK)  -0.650 (-2.559%)    Short selling $7.52M; Ratio 4.874%   fell 3.6-4.6%, while PICC P&C (02328.HK)  -0.100 (-0.818%)    Short selling $5.18M; Ratio 5.603%   and ZA ONLINE (06060.HK)  -0.180 (-1.299%)    Short selling $1.82M; Ratio 6.239%   faded over 5%.

As for techs, MEITUAN-W (03690.HK)  -4.400 (-2.509%)    Short selling $638.24M; Ratio 25.041%   rose 2.5% against the market. TENCENT (00700.HK)  +6.400 (+1.585%)    Short selling $1.47B; Ratio 17.670%   , XIAOMI-W (01810.HK)  -0.500 (-1.730%)    Short selling $389.41M; Ratio 33.058%   , and JD-SW (09618.HK)  -6.200 (-4.372%)    Short selling $155.14M; Ratio 15.907%   edged down less than 1%. NTES-S (09999.HK)  0.000 (0.000%)    Short selling $66.02M; Ratio 13.214%   , BIDU-SW (09888.HK)  -1.400 (-1.682%)    Short selling $41.96M; Ratio 12.897%   , BABA-W (09988.HK)  -1.400 (-1.546%)    Short selling $458.60M; Ratio 18.669%   , and BILIBILI-W (09626.HK)  -4.200 (-2.488%)    Short selling $35.63M; Ratio 13.615%   slid 1.4-2.3%, while KUAISHOU-W (01024.HK)  -0.350 (-0.673%)    Short selling $68.12M; Ratio 7.485%   descended 3.4%. In addition, EAST BUY (01797.HK)  -0.440 (-2.813%)    Short selling $5.89M; Ratio 7.679%   , ALI HEALTH (00241.HK)  0.000 (0.000%)    Short selling $32.22M; Ratio 22.963%   , and WEIMOB INC (02013.HK)  +0.290 (+17.683%)    Short selling $23.63M; Ratio 5.105%   plunged 6.5-7.7%, while MEITU (01357.HK)  +0.160 (+5.461%)    Short selling $32.99M; Ratio 9.784%   sank 9%.

Reports suggest Israel and Lebanon are negotiating a ceasefire. Shipping stocks OOIL (00316.HK)  -1.600 (-1.483%)    Short selling $1.83M; Ratio 10.085%   ebbed 5.2%, while PACIFIC BASIN (02343.HK)  -0.040 (-1.942%)    Short selling $832.50K; Ratio 11.242%   and COSCO SHIP HOLD (01919.HK)  -0.100 (-0.856%)    Short selling $3.51M; Ratio 4.250%   lost 5.9% and 6.8%. The three major Chinese oils SINOPEC CORP (00386.HK)  -0.010 (-0.237%)    Short selling $34.05M; Ratio 21.115%   , CNOOC (00883.HK)  -0.260 (-1.528%)    Short selling $115.64M; Ratio 15.806%   , and PETROCHINA (00857.HK)  -0.030 (-0.541%)    Short selling $35.89M; Ratio 15.371%   waned 3.5-4.4%.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-11-14 12:25.)

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