---
title: "HSI Up 560 pts; HSTI Up 195 pts; BABA Up over 8%; XIAOMI Up over 5%; TENCENT Up over 3%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/292011028.md"
description: "At midday close, the Hang Seng Index (HSI) rose 560 points (2.4%) to 24,057, while the HSTECH Index gained 195 points (4.3%). Major tech stocks surged, with Alibaba up over 8%, Xiaomi up over 5%, and Tencent up over 3%. Other notable gainers included Lenovo Group (+9.6%), SMIC (+7.4%), and Baidu (+4.7%). Conversely, WH Group was the only major constituent to decline significantly."
datetime: "2026-07-08T04:16:52.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/292011028.md)
  - [en](https://longbridge.com/en/news/292011028.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/292011028.md)
---

# HSI Up 560 pts; HSTI Up 195 pts; BABA Up over 8%; XIAOMI Up over 5%; TENCENT Up over 3%

At midday close, HSI rose 560 pts or 2.4% to 24,057. HSTI rose 195 pts or 4.3% to 4,702. HSCEI gained 239 pts or 3.1% to 8,009.

Active Heavyweights:  
BABA (09988.HK) +7.800 (+8.142%) Short selling $2.11B; Ratio 21.670% closed at $103.6, up 8.1%  
XIAOMI (01810.HK) +1.300 (+5.628%) Short selling $1.13B; Ratio 23.610% closed at $24.4, up 5.6%  
TENCENT (00700.HK) +14.200 (+3.079%) Short selling $3.90B; Ratio 15.030% closed at $475.4, up 3.1%  
PING AN (02318.HK) +1.550 (+2.964%) Short selling $245.59M; Ratio 18.891% closed at $53.85, up 3%  
MEITUAN (03690.HK) +1.350 (+1.723%) Short selling $2.21B; Ratio 23.898% closed at $79.7, up 1.7%

HSI & HSCEI Constituents on Move:  
LENOVO GROUP (00992.HK) +2.000 (+9.579%) Short selling $560.27M; Ratio 18.031% closed at $22.86, up 9.5%  
SMIC (00981.HK) +5.450 (+7.420%) Short selling $1.43B; Ratio 14.997% closed at $79, up 7.6%  
KUAISHOU-W (01024.HK) +2.760 (+6.822%) Short selling $1.67B; Ratio 8.669% closed at $43.22, up 6.8%  
WH GROUP (00288.HK) \-0.530 (-6.393%) Short selling $132.11M; Ratio 34.942% closed at $7.76, down 6.4%  
BOC HONG KONG (02388.HK) +2.340 (+5.422%) Short selling $147.41M; Ratio 26.518% closed at $45.5, up 5.4%  
BYD ELECTRONIC (00285.HK) +1.040 (+5.123%) Short selling $135.75M; Ratio 36.103% closed at $21.34, up 5.1%  
BIDU-SW (09888.HK) +5.200 (+4.702%) Short selling $292.15M; Ratio 30.531% closed at $115.8, up 4.7%  
ABC (01288.HK) +0.220 (+4.089%) Short selling $131.28M; Ratio 36.491% closed at $5.6, up 4.1%  
CCB (00939.HK) +0.310 (+3.959%) Short selling $526.52M; Ratio 34.718% closed at $8.14, up 4%  
ICBC (01398.HK) +0.240 (+3.698%) Short selling $466.24M; Ratio 41.984% closed at $6.73, up 3.7%  
CNOOC (00883.HK) +0.780 (+3.697%) Short selling $202.25M; Ratio 22.027% closed at $21.88, up 3.7%  
NTES (09999.HK) +7.400 (+3.606%) Short selling $822.48M; Ratio 36.369% closed at $212.6, up 3.6%  
BANK OF CHINA (03988.HK) +0.170 (+3.527%) Short selling $311.89M; Ratio 35.712% closed at $4.99, up 3.5%  
LI AUTO (02015.HK) +1.560 (+3.348%) Short selling $124.99M; Ratio 19.962% closed at $48.16, up 3.3%  
CHINA UNICOM (00762.HK) +0.200 (+3.236%) Short selling $15.51M; Ratio 13.802% closed at $6.38, up 3.2%

HSMI & HSSI Constituents on Move:  
TIME INTERCON (01729.HK) +1.780 (+12.760%) Short selling $32.22M; Ratio 13.274% closed at $15.73, up 12.8%  
KINGSOFT CLOUD (03896.HK) +0.580 (+11.861%) Short selling $42.15M; Ratio 12.887% closed at $5.47, up 11.9%  
ILUVATAR COREX (09903.HK) +59.500 (+11.029%) Short selling $32.44M; Ratio 4.879% closed at $599, up 11%  
KINGDEE INT'L (00268.HK) +0.660 (+10.410%) Short selling $32.67M; Ratio 21.574% closed at $7, up 10.4%  
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-07-07 16:25.)

### Related Stocks

- [00HSI.HK](https://longbridge.com/en/quote/00HSI.HK.md)
- [LNVGY.US](https://longbridge.com/en/quote/LNVGY.US.md)
- [00992.HK](https://longbridge.com/en/quote/00992.HK.md)
- [WHGLY.US](https://longbridge.com/en/quote/WHGLY.US.md)
- [00288.HK](https://longbridge.com/en/quote/00288.HK.md)
- [STECH.HK](https://longbridge.com/en/quote/STECH.HK.md)
- [688981.CN](https://longbridge.com/en/quote/688981.CN.md)
- [00981.HK](https://longbridge.com/en/quote/00981.HK.md)
- [03115.HK](https://longbridge.com/en/quote/03115.HK.md)
- [02828.HK](https://longbridge.com/en/quote/02828.HK.md)
- [03033.HK](https://longbridge.com/en/quote/03033.HK.md)
- [07226.HK](https://longbridge.com/en/quote/07226.HK.md)
- [07200.HK](https://longbridge.com/en/quote/07200.HK.md)
- [02800.HK](https://longbridge.com/en/quote/02800.HK.md)
- [07300.HK](https://longbridge.com/en/quote/07300.HK.md)
- [07500.HK](https://longbridge.com/en/quote/07500.HK.md)
- [03032.HK](https://longbridge.com/en/quote/03032.HK.md)
- [03067.HK](https://longbridge.com/en/quote/03067.HK.md)
- [07552.HK](https://longbridge.com/en/quote/07552.HK.md)
- [07266.HK](https://longbridge.com/en/quote/07266.HK.md)
- [09988.HK](https://longbridge.com/en/quote/09988.HK.md)
- [01810.HK](https://longbridge.com/en/quote/01810.HK.md)
- [00700.HK](https://longbridge.com/en/quote/00700.HK.md)
- [HSCEI.HK](https://longbridge.com/en/quote/HSCEI.HK.md)
- [02318.HK](https://longbridge.com/en/quote/02318.HK.md)
- [03690.HK](https://longbridge.com/en/quote/03690.HK.md)
- [01024.HK](https://longbridge.com/en/quote/01024.HK.md)
- [02388.HK](https://longbridge.com/en/quote/02388.HK.md)
- [00285.HK](https://longbridge.com/en/quote/00285.HK.md)
- [09888.HK](https://longbridge.com/en/quote/09888.HK.md)
- [01288.HK](https://longbridge.com/en/quote/01288.HK.md)
- [00939.HK](https://longbridge.com/en/quote/00939.HK.md)
- [01398.HK](https://longbridge.com/en/quote/01398.HK.md)
- [00883.HK](https://longbridge.com/en/quote/00883.HK.md)
- [09999.HK](https://longbridge.com/en/quote/09999.HK.md)
- [03988.HK](https://longbridge.com/en/quote/03988.HK.md)
- [02015.HK](https://longbridge.com/en/quote/02015.HK.md)
- [00762.HK](https://longbridge.com/en/quote/00762.HK.md)
- [01729.HK](https://longbridge.com/en/quote/01729.HK.md)
- [03896.HK](https://longbridge.com/en/quote/03896.HK.md)
- [09903.HK](https://longbridge.com/en/quote/09903.HK.md)
- [00268.HK](https://longbridge.com/en/quote/00268.HK.md)
- [BABA.US](https://longbridge.com/en/quote/BABA.US.md)
- [89988.HK](https://longbridge.com/en/quote/89988.HK.md)
- [HBBD.SG](https://longbridge.com/en/quote/HBBD.SG.md)
- [XIACY.US](https://longbridge.com/en/quote/XIACY.US.md)
- [81810.HK](https://longbridge.com/en/quote/81810.HK.md)
- [HXXD.SG](https://longbridge.com/en/quote/HXXD.SG.md)
- [TCEHY.US](https://longbridge.com/en/quote/TCEHY.US.md)
- [80700.HK](https://longbridge.com/en/quote/80700.HK.md)
- [HTCD.SG](https://longbridge.com/en/quote/HTCD.SG.md)
- [TCTZF.US](https://longbridge.com/en/quote/TCTZF.US.md)
- [82318.HK](https://longbridge.com/en/quote/82318.HK.md)
- [601318.CN](https://longbridge.com/en/quote/601318.CN.md)
- [PNGAY.US](https://longbridge.com/en/quote/PNGAY.US.md)
- [83690.HK](https://longbridge.com/en/quote/83690.HK.md)
- [MPNGY.US](https://longbridge.com/en/quote/MPNGY.US.md)
- [HMTD.SG](https://longbridge.com/en/quote/HMTD.SG.md)
- [80992.HK](https://longbridge.com/en/quote/80992.HK.md)
- [HSMD.SG](https://longbridge.com/en/quote/HSMD.SG.md)
- [81024.HK](https://longbridge.com/en/quote/81024.HK.md)
- [BACHY.US](https://longbridge.com/en/quote/BACHY.US.md)
- [601988.CN](https://longbridge.com/en/quote/601988.CN.md)
- [89888.HK](https://longbridge.com/en/quote/89888.HK.md)
- [BIDU.US](https://longbridge.com/en/quote/BIDU.US.md)
- [601288.CN](https://longbridge.com/en/quote/601288.CN.md)
- [600938.CN](https://longbridge.com/en/quote/600938.CN.md)
- [80883.HK](https://longbridge.com/en/quote/80883.HK.md)
- [NTES.US](https://longbridge.com/en/quote/NTES.US.md)
- [LI.US](https://longbridge.com/en/quote/LI.US.md)
- [600050.CN](https://longbridge.com/en/quote/600050.CN.md)
- [KC.US](https://longbridge.com/en/quote/KC.US.md)

## Related News & Research

- [SMIC sets board meeting to release Q2 unaudited results](https://longbridge.com/en/news/294330022.md)
- [Lenovo Capital takes aim at robotics, coding agents in  ‘sniper’ AI strategy](https://longbridge.com/en/news/294171963.md)
- [Lenovo held annual shareholder meeting, backed HKD 0.337 final dividend](https://longbridge.com/en/news/293584366.md)
- [Lenovo doubles North Carolina server plant footprint, adds 1,000 jobs](https://longbridge.com/en/news/293798457.md)
- [Lenovo to cut warrant exercise price to HK$ 11.51 from Aug. 8, 2026](https://longbridge.com/en/news/293587265.md)