--- title: "HSI Ends Up 497 pts; XIAOMI-W Leaps 9%, LI AUTO-W Swells 10%, HSBC HOLDINGS Sets New High" type: "News" locale: "en" url: "https://longbridge.com/en/news/294180716.md" description: "The Hang Seng Index rose 497 points to close at 25,807, driven by gains in tech and auto stocks. Xiaomi and Li Auto surged nearly 10% on product news and sales rankings. Major tech firms like Tencent and Meituan also posted significant gains. The Hang Seng Finance Sub-index hit a record high, with HSBC setting new highs. Conversely, South Korean market volatility impacted related HK-listed products, while Standard Chartered rose on strong earnings and a buyback announcement." datetime: "2026-07-29T09:17:01.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/294180716.md) - [en](https://longbridge.com/en/news/294180716.md) - [zh-HK](https://longbridge.com/zh-HK/news/294180716.md) --- # HSI Ends Up 497 pts; XIAOMI-W Leaps 9%, LI AUTO-W Swells 10%, HSBC HOLDINGS Sets New High The HSI opened up 176 pts before extending gains and closed near the day's peak at 25,807, up 497 pts or 1.96%, with full-day turnover at HKD312.2 billion. The HSTECH closed at 4,864, up 134 pts or 2.84%, while the HSCEI closed at 8,623, up 187 pts or 2.22%. Major tech stocks moved higher broadly. TENCENT (00700.HK) +19.200 (+4.293%) Short selling $1.67B; Ratio 9.942% closed up 4.29%; MEITUAN-W (03690.HK) +2.000 (+2.215%) Short selling $1.43B; Ratio 19.036% shot up 2.22%; while BABA-W (09988.HK) +1.600 (+1.429%) Short selling $1.98B; Ratio 18.645% , JD-SW (09618.HK) +2.100 (+1.692%) Short selling $377.39M; Ratio 24.094% , BIDU-SW (09888.HK) +1.400 (+1.378%) Short selling $315.61M; Ratio 29.158% , KUAISHOU-W (01024.HK) +0.460 (+1.086%) Short selling $316.93M; Ratio 17.161% and NTES (09999.HK) +3.600 (+1.804%) Short selling $664.02M; Ratio 40.801% rose more than 1%. Autos outshone. LI AUTO-W (02015.HK) +4.920 (+9.903%) Short selling $335.25M; Ratio 19.160% surged 9.9%, becoming the best-performing blue chip, after Li i6 ranked third in Mainland China's BEV sales list for 1H26. XIAOMI-W (01810.HK) +2.620 (+8.954%) Short selling $3.91B; Ratio 25.775% jumped up 8.95% after unveiling its new “SkyNomad” vehicle series today. GEELY AUTO (00175.HK) +1.180 (+6.172%) Short selling $325.53M; Ratio 17.316% rallied 6.17%, while BYD COMPANY (01211.HK) +3.800 (+4.232%) Short selling $935.86M; Ratio 28.148% swelled 4.23%. The South Korean stock market triggered circuit breakers for a second consecutive day. SK Hynix shares slumped 9.6% after reporting quarterly results. In Hong Kong, XL2CSOPHYNIX (07709.HK) \-5.320 (-13.993%) Short selling $9.07B; Ratio 48.623% plunged 13.99%, while XL2CSOPSMSN (07747.HK) \-2.020 (-3.305%) Short selling $775.70M; Ratio 24.096% fell off 3.3%. The Hang Seng Finance Sub-index hit a record high. HSBC HOLDINGS (00005.HK) +2.700 (+1.667%) Short selling $521.90M; Ratio 15.610% notched a new high and closed up 1.67% at HKD164.7. BANK OF E ASIA (00023.HK) +0.340 (+2.146%) Short selling $6.83M; Ratio 9.853% soared 2.15%, while ICBC (01398.HK) +0.120 (+1.630%) Short selling $302.32M; Ratio 14.478% and CHINA LIFE (02628.HK) +0.380 (+1.360%) Short selling $308.58M; Ratio 17.408% lifted more than 1%. Separately, STANCHART (02888.HK) +8.600 (+3.860%) Short selling $496.47M; Ratio 38.231% posted better-than-expected 2Q PBT and launched a USD1 billion share buyback, with its shares closing up 3.86%. (HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-07-29 16:25.) ### Related Stocks - [MPNGY.US](https://longbridge.com/en/quote/MPNGY.US.md) - [HSBC.US](https://longbridge.com/en/quote/HSBC.US.md) - [02888.HK](https://longbridge.com/en/quote/02888.HK.md) - [00005.HK](https://longbridge.com/en/quote/00005.HK.md) - [03690.HK](https://longbridge.com/en/quote/03690.HK.md) - [03115.HK](https://longbridge.com/en/quote/03115.HK.md) - [07300.HK](https://longbridge.com/en/quote/07300.HK.md) - [00HSI.HK](https://longbridge.com/en/quote/00HSI.HK.md) - [HSBA.UK](https://longbridge.com/en/quote/HSBA.UK.md) - [STAN.UK](https://longbridge.com/en/quote/STAN.UK.md) - [HSBH.US](https://longbridge.com/en/quote/HSBH.US.md) - [03121.HK](https://longbridge.com/en/quote/03121.HK.md) - [02800.HK](https://longbridge.com/en/quote/02800.HK.md) - [07200.HK](https://longbridge.com/en/quote/07200.HK.md) - [07500.HK](https://longbridge.com/en/quote/07500.HK.md) ## Related News & Research - [HSBC (NYSE:HSBC) Releases Earnings Results, Beats Expectations By $0.01 EPS](https://longbridge.com/en/news/295000186.md) - [HSBC Releases 2Q 2026 Data Pack and Refines Segment Reporting](https://longbridge.com/en/news/294791271.md) - [UBS Sticks to Its Hold Rating for HSBC Holdings (HSBA)](https://longbridge.com/en/news/294789819.md) - [Deutsche Bank Reaffirms Their Hold Rating on HSBC Holdings (HSBA)](https://longbridge.com/en/news/294951237.md) - [HSBC Declares Second Interim Dividend of USD 0.10 per Share for 2026](https://longbridge.com/en/news/294775796.md)