I'm LongbridgeAI, I can summarize articles.The Hang Seng Index opened up 119 points (0.5%) at 24,723, supported by US stock rebounds and falling oil prices. Semiconductor and resource stocks led gains, with Hua Hong Grace and SMIC rising over 2%. Major tech giants like Alibaba and Tencent saw modest increases. Conversely, BYD dropped 1.91% despite plans for European expansion. Individual movers included New World Development and AI-related firms Z.AI and MiniMax, which opened higher on specific corporate news.
US stocks rebounded by nearly 1% or more overnight (17th), ending a three-day losing streak. The pullback in oil prices, declining US Treasury yields and strong US employment data supported equities, with the DJIA rising 0.61%, while the S&P 500 and Nasdaq gained 1.14% and 1.69%, respectively. Chip stocks and major tech shares broadly advanced, while the VIX "fear index" plunged nearly 13% to a near two-week low. On the central bank front, the Bank of England kept interest rates unchanged at 3.75% as expected but raised its inflation forecast, while markets are also watching the Bank of Japan's rate decision today (18th).
In Hong Kong, the HSI opened up 119 pts or 0.5% at 24,723, while the HSCEI opened up 27 pts or 0.3% at 8,202. The HSTECH opened up 17 pts or 0.41% at 4,328.
Major active stocks showed mixed performance at the open. BABA-W (09988.HK) +3.400 (+3.235%) Short selling $1.13B; Ratio 21.292% opened 1.237% higher this morning, while TENCENT (00700.HK) +2.800 (+0.657%) Short selling $916.47M; Ratio 13.271% opened 0.469% higher. XIAOMI-W (01810.HK) +0.460 (+1.760%) Short selling $894.72M; Ratio 38.583% was nearly flat. MEITUAN-W (03690.HK) +0.800 (+1.097%) Short selling $490.96M; Ratio 24.679% and KUAISHOU-W (01024.HK) +0.440 (+1.470%) Short selling $423.45M; Ratio 34.326% opened flat, while JD-SW (09618.HK) +0.800 (+0.762%) Short selling $143.35M; Ratio 26.072% opened down 0.2%.
On the news front, BYD COMPANY (01211.HK) -0.250 (-0.308%) Short selling $463.95M; Ratio 34.148% plans to establish three vehicle assembly plants and one electric vehicle battery factory in Europe, but its share price came under pressure this morning, opening down 1.91%.
Among blue chips and key sectors, semiconductor and metal mining shares delivered strong opening performance. HUA HONG GRACE (01347.HK) +5.200 (+4.719%) Short selling $369.34M; Ratio 26.885% opened up 2.813%, while SMIC (00981.HK) +1.700 (+2.724%) Short selling $286.18M; Ratio 13.804% opened 2.484% higher. ZIJIN MINING (02899.HK) +0.400 (+1.181%) Short selling $318.41M; Ratio 24.268% opened up 2.481%, CHINA SHENHUA (01088.HK) +0.120 (+0.268%) Short selling $177.45M; Ratio 47.616% rose 2.46% at the open, and LAOPU GOLD (06181.HK) +8.200 (+2.259%) Short selling $133.35M; Ratio 26.874% opened 2.479% higher. In contrast, some auto and consumer blue chips were weaker, with GEELY AUTO (00175.HK) 0.000 (0.000%) Short selling $99.76M; Ratio 20.199% opening down 2.062% and TINGYI (00322.HK) -0.010 (-0.085%) Short selling $23.40M; Ratio 18.231% down 1.944% at the open.
Among individual movers, NEW WORLD DEV (00017.HK) +0.065 (+1.118%) Short selling $5.80M; Ratio 27.108% plans to spin off its Shanghai properties and list them locally through commercial public REITs, boosting its share price by 1.46% at the open. XUNCE (03317.HK) +3.350 (+3.389%) Short selling $5.92M; Ratio 4.180% plans to cooperate with a Shanghai state-owned capital fund to explore the development of an AI and Token-native investment portfolio ecosystem, with its shares opening 2.18% higher this morning. Z.AI (02513.HK) +34.500 (+4.662%) Short selling $449.42M; Ratio 5.937% opened 3.6% higher, while MINIMAX-W (00100.HK) +17.800 (+6.986%) Short selling $323.51M; Ratio 10.867% opened 3.9% higher. (ad/da)(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-09-17 16:25.)