---
title: "HSI Opens Up 64 pts; LAOPU GOLD Slumps 13% After Positive Profit Alert; XL2CSOPHYNIX, XL2CSOPSMSN Open Down 15%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293995771.md"
description: "The Hang Seng Index opened up 64 points, with major tech stocks like Tencent and Xiaomi rising. CSPC Pharma gained after a profit forecast, while Laopu Gold slumped despite positive earnings. Semiconductor stocks faced pressure, with XL2CSOPHYNIX and XL2CSOPSMSN dropping over 15% amid weakness in Japanese and South Korean markets."
datetime: "2026-07-28T01:59:22.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293995771.md)
  - [en](https://longbridge.com/en/news/293995771.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293995771.md)
generator: "portal-rs"
---

# HSI Opens Up 64 pts; LAOPU GOLD Slumps 13% After Positive Profit Alert; XL2CSOPHYNIX, XL2CSOPSMSN Open Down 15%

US stocks displayed mixed trends overnight. Iran and the US paused hostilities, lifting the DJIA by 262 pts, and the S&P 500 by 0.02%. However, semiconductor stocks remained subdued, with the Nasdaq reversing earlier gains of more than 1% to close down 0.18%.

The HSI opened at 25,271, up 64 pts or 0.26% this morning. The HSTECH opened at 4,731, up 29 pts or 0.64%. The HSCEI opened at 8,396, up 31 pts or 0.38%.

Major techs advanced broadly. NTES (09999.HK) +5.200 (+2.723%) Short selling $332.25M; Ratio 32.023% and JD-SW (09618.HK) +3.500 (+2.936%) Short selling $112.55M; Ratio 18.741% opened more than 2% higher. BABA-W (09988.HK) +1.000 (+0.901%) Short selling $2.07B; Ratio 31.994% , XIAOMI-W (01810.HK) +0.520 (+1.813%) Short selling $1.50B; Ratio 19.122% , MEITUAN-W (03690.HK) +1.900 (+2.128%) Short selling $1.36B; Ratio 23.008% and TENCENT (00700.HK) +4.600 (+1.038%) Short selling $1.04B; Ratio 16.256% opened more than 1.08% higher, while BIDU-SW (09888.HK) -1.000 (-0.959%) Short selling $192.51M; Ratio 27.985% opened down 1.44%.

Among blue chips, CSPC PHARMA (01093.HK) +0.250 (+3.012%) Short selling $222.79M; Ratio 33.954% opened up 3.13% after forecasting interim consolidated profit of approximately RMB5.9-6.2 billion. LAOPU GOLD (06181.HK) -60.400 (-15.237%) Short selling $88.38M; Ratio 21.856% issued a positive profit alert, but its share price opened sharply lower by nearly 13%. LENOVO GROUP (00992.HK) -0.500 (-2.056%) Short selling $279.98M; Ratio 22.836% opened down 1.89%.

Japanese and South Korean stock markets came under notable pressure this morning, with heavy selling in chip stocks. SMIC (00981.HK) +1.350 (+1.911%) Short selling $777.78M; Ratio 14.436% dipped 0.78%, HUA HONG GRACE (01347.HK) +1.700 (+1.144%) Short selling $1.20B; Ratio 22.253% tumbled 4.1%, and GIGADEVICE (03986.HK) -55.400 (-10.147%) Short selling $45.95M; Ratio 1.924% slid 8.15%. XL2CSOPHYNIX (07709.HK) -11.840 (-21.725%) Short selling $2.50B; Ratio 41.744% plunged alongside South Korean shares and opened down 14.97%, while XL2CSOPSMSN (07747.HK) -15.520 (-18.605%) Short selling $185.66M; Ratio 29.261% stumbled 14.98%.  
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-07-27 16:25.)

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**