HSI Dips 8 Pts at Midday After Choppy Trade; NEW ORIENTAL-S Spikes 17%; BUD APAC Up 7%; Z.AI Dives 16%+
Complete. Here is the key summaryThe Hang Seng Index dipped 8 points to 25,798 at midday amid choppy trading. Tech stocks showed mixed performance, with JD.com and NetEase rising over 2%, while Alibaba and Xiaomi fell. New Oriental surged 17% on profit growth, and Bud APAC rose 7%. Conversely, AI-related stocks faced pressure, with Z.AI plummeting over 16%. Short selling data indicates significant activity in major tech names.
This morning (30th), the HSI opened 67 points higher before struggling between bulls and bears. At midday, it concluded at 25,798, down 8 points or 0.03%, with turnover reaching HKD162.074 billion. The HSCEI closed the half day at 8,633, up 9 points or 0.12%. The HSTECH ended at 4,809, down 54 points or 1.13%.
Among tech stocks, BABA-W (09988.HK) -1.900 (-1.673%) Short selling $803.17M; Ratio 18.417% , XIAOMI-W (01810.HK) -0.500 (-1.568%) Short selling $1.19B; Ratio 26.519% and BIDU-SW (09888.HK) -1.100 (-1.068%) Short selling $114.86M; Ratio 24.241% dipped more than 1%; KUAISHOU-W (01024.HK) +0.360 (+0.841%) Short selling $111.46M; Ratio 12.744% and TENCENT (00700.HK) +3.600 (+0.772%) Short selling $1.10B; Ratio 16.838% each gained about 0.8%; JD-SW (09618.HK) +2.600 (+2.060%) Short selling $213.79M; Ratio 24.501% and NTES (09999.HK) +4.200 (+2.067%) Short selling $167.13M; Ratio 28.955% each leaped about 2%.
Among blue chips, NEW ORIENTAL-S (09901.HK) +6.820 (+17.084%) Short selling $69.17M; Ratio 17.378% skyrocketed 17.08%, becoming the best-performing blue chip at midday, after the company logged a 27.8% growth in profit for the previous fiscal year and received broker blessings. BUD APAC (01876.HK) +0.510 (+7.359%) Short selling $103.38M; Ratio 32.572% posted more than 15% growth in interim profit, lifting its share price 7.36% by midday. SUNNY OPTICAL (02382.HK) -3.750 (-6.127%) Short selling $393.37M; Ratio 58.827% retreated 6.13%, LENOVO GROUP (00992.HK) -1.180 (-5.135%) Short selling $266.63M; Ratio 19.858% plunged 5.13%, and HSBC HOLDINGS (00005.HK) -1.400 (-0.850%) Short selling $181.20M; Ratio 12.782% dipped 0.85%.
STANCHART (02888.HK) -7.600 (-3.284%) Short selling $63.47M; Ratio 25.143% , which announced interim results yesterday, pulled back 3.3% by midday.
AI-related stocks came under notable pressure this morning. Z.AI (02513.HK) -170.000 (-16.457%) Short selling $360.45M; Ratio 6.707% collapsed 16.46%, MINIMAX-W (00100.HK) -12.800 (-6.015%) Short selling $72.88M; Ratio 11.776% tumbled 6.02%, and big data service provider XUNCE (03317.HK) -7.200 (-6.930%) Short selling $542.68K; Ratio 0.431% slid 6.93%.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-07-30 12:25.)