I'm LongbridgeAI. Here is the key information I extracted- Banking shares surged significantly following JPMorgan's assessment that market concerns regarding net interest margin pressure were overdone.…
The HSI closed at 24,557, up 108 points or 0.44%, with full-day turnover at HKD178.175 billion. The HSCEI closed at 8,265, up 5 points or 0.07%. The HSTECH closed at 4,084, up 43 points or 1.08%. US bourse was unfazed overnight (9th) by news that NVIDIA (NVDA.US) CEO Jensen Huang was under investigation. Coupled with a retreat in international oil prices, the DJIA closed up 1,104 points, while the Nasdaq also rallied 2.74%.
Leading techs diverged. XIAOMI-W (01810.HK) +0.500 (+1.661%) Short selling $456.61M; Ratio 30.687% rose 1.66% after Xiaomi Auto ranked first in sales among brands priced above RMB200,000 in October; BIDU-W (09888.HK) +1.200 (+1.529%) Short selling $42.88M; Ratio 18.144% gained 1.53%; MEITUAN-W (03690.HK) +0.350 (+0.466%) Short selling $203.31M; Ratio 15.569% added 0.47%; while TENCENT (00700.HK) -0.600 (-0.143%) Short selling $525.80M; Ratio 17.196% eroded 0.14%.
Banking stocks steered the gains after JPMorgan said market concerns over NIM pressure caused by deposit competition may be overdone. HSBC HOLDINGS (00005.HK) +6.000 (+4.370%) Short selling $124.56M; Ratio 14.735% surged 4.37%; STANCHART (02888.HK) +11.200 (+5.096%) Short selling $1.60M; Ratio 1.877% swelled 5.1%; while BOC HONG KONG (02388.HK) +0.700 (+1.378%) Short selling $41.06M; Ratio 22.410% also hiked 1.38%.
Optical and chip stocks fared strongly. SUNNY OPTICAL (02382.HK) +3.650 (+5.794%) Short selling $31.91M; Ratio 25.249% closed up 5.79%, making it the best-performing blue chip of the day; HUA HONG GRACE (01347.HK) +2.700 (+3.758%) Short selling $403.36M; Ratio 23.967% mushroomed 3.76%; BYD ELECTRONIC (00285.HK) +0.780 (+3.764%) Short selling $12.12M; Ratio 24.069% ballooned 3.76%; and SMIC (00981.HK) +1.200 (+2.606%) Short selling $267.83M; Ratio 15.038% elevated 2.61%.
Among AI large-model stocks, MINIMAX-W (00100.HK) +15.900 (+10.115%) Short selling $104.54M; Ratio 7.490% advanced 10.11%, while Z.AI (02513.HK) +48.200 (+11.111%) Short selling $347.55M; Ratio 11.672% surged 11.11%.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-11-10 12:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)