---
title: "HSI Adds 50 Pts at Close; NEW ORIENTAL-S Leaps 19%, SMIC Dives 7%+, Z.AI Slumps 16%+"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/294330400.md"
description: "The Hang Seng Index closed up 50 points at 25,858, while the HSTECH fell 1.25%. New Oriental surged 18.84% on profit growth and a Goldman Sachs upgrade. Conversely, chip stocks faced heavy selling pressure; SMIC dropped 7.74%, and XL Semiconductor sank 12.18% despite Samsung's strong earnings. Tech giants showed mixed results, with Tencent rising 1.16% amid AI testing news, while Alibaba and Xiaomi declined."
datetime: "2026-07-30T08:54:26.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/294330400.md)
  - [en](https://longbridge.com/en/news/294330400.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/294330400.md)
---

# HSI Adds 50 Pts at Close; NEW ORIENTAL-S Leaps 19%, SMIC Dives 7%+, Z.AI Slumps 16%+

This morning (30th), the HSI opened 67 points higher before struggling between bulls and bears. The HSI closed at 25,858, up 50 points or 0.2%, with full-day turnover reaching HKD304.894 billion. The HSCEI closed at 8,644, up 21 points or 0.25%. The HSTECH came under pressure and closed at 4,803, down 60 points or 1.25%.

Major techs were mixed. TENCENT (00700.HK) +5.400 (+1.158%) Short selling $1.90B; Ratio 12.695% closed up 1.16% after reports said it was internally testing AI-generated content creation platform WorkSolo, positioned differently from WorkRally. BABA-W (09988.HK) \-1.800 (-1.585%) Short selling $1.46B; Ratio 17.506% lost 1.58%, while XIAOMI-W (01810.HK) \-0.840 (-2.635%) Short selling $1.88B; Ratio 24.833% slid 2.64%. NTES (09999.HK) +3.400 (+1.673%) Short selling $651.34M; Ratio 33.057% gained 1.7%, and JD-SW (09618.HK) +2.500 (+1.981%) Short selling $415.42M; Ratio 21.308% jumped up nearly 2%.

Among blue chips, NEW ORIENTAL-S (09901.HK) +7.520 (+18.838%) Short selling $122.65M; Ratio 17.329% leapfrogged 18.84% to HKD47.44, making it the best-performing blue chip of the day, after the company reported a 27.8% hike in profit for the previous fiscal year and Goldman Sachs raised its TP to HKD55. BUD APAC (01876.HK) +0.120 (+1.732%) Short selling $361.17M; Ratio 46.094% climbed 1.73% after reporting an over 15% rise in interim profit. SUNNY OPTICAL (02382.HK) \-4.000 (-6.536%) Short selling $612.53M; Ratio 55.909% retreated 6.54%, while LENOVO GROUP (00992.HK) \-1.240 (-5.396%) Short selling $544.97M; Ratio 22.739% slipped 5.4%. MGM CHINA (02282.HK) +0.330 (+2.995%) Short selling $20.35M; Ratio 22.061% swelled 3% after reporting quarterly results and receiving positive broker comments.

AI concept stocks came under notable pressure. Z.AI (02513.HK) \-171.000 (-16.554%) Short selling $504.54M; Ratio 5.604% tumbled 16.55%, MINIMAX-W (00100.HK) \-9.000 (-4.229%) Short selling $134.93M; Ratio 13.402% dived 4.23%, and big data service provider XUNCE (03317.HK) \-6.100 (-5.871%) Short selling $552.45K; Ratio 0.289% crated 5.87%.

Chip stocks were heavily sold. SMIC (00981.HK) \-5.200 (-7.738%) Short selling $1.12B; Ratio 11.431% plunged 7.74%, making it the worst-performing blue chip of the day. HUA HONG GRACE (01347.HK) \-11.300 (-8.260%) Short selling $797.56M; Ratio 14.108% fell off 8.26%, ILUVATAR COREX (09903.HK) \-65.000 (-14.706%) Short selling $45.70M; Ratio 2.629% cascaded 14.71%, and MONTAGE TECH (06809.HK) \-18.200 (-6.751%) Short selling $93.58M; Ratio 5.916% subtracted 6.75%. XL2CSOPSMSN (07747.HK) \-7.200 (-12.183%) Short selling $1.33B; Ratio 47.466% sank 12.18% after Samsung reported more than an 18-fold surge in 2Q operating profit, beating expectations. XL2CSOPHYNIX (07709.HK) \-7.340 (-22.446%) Short selling $8.11B; Ratio 52.834% stumbled another 22.45%.  
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-07-30 16:25.)

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