--- title: "HSI Ends Up 25 Pts Amid Tug-of-War; HSBC HOLDINGS Hits Record High, XIAOMI-W Dives 7%+, XL2CSOPHYNIX Soars 67%+" type: "News" locale: "en" url: "https://longbridge.com/en/news/294486572.md" description: "The Hang Seng Index closed up 25 points at 25,884 amid high volatility. Key movers included HSBC Holdings hitting a record high and Xiaomi diving over 7%. Semiconductor stocks surged significantly, with XL2CSOPHYNIX soaring 67% following news of SK Group Chairman acquiring SK Hynix shares. Other notable gains were seen in Lenovo and Laopu Gold, while Bud APAC and Hang Lung Properties declined." datetime: "2026-07-31T09:16:53.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/294486572.md) - [en](https://longbridge.com/en/news/294486572.md) - [zh-HK](https://longbridge.com/zh-HK/news/294486572.md) generator: "portal-rs" --- # HSI Ends Up 25 Pts Amid Tug-of-War; HSBC HOLDINGS Hits Record High, XIAOMI-W Dives 7%+, XL2CSOPHYNIX Soars 67%+ The HSI opened down 21 pts this morning (31st) before struggling between bulls and bears. The index notched a full-day volatility of nearly 300 pts and closed at 25,884, up 25 pts or 0.1%, with full-day turnover at HKD328.178 billion. The HSTECH closed at 4,829, up 25 pts or 0.53%, while the HSCEI closed at 8,612, down 32 pts or 0.38%. Among major techs, BABA-W (09988.HK) +5.200 (+4.651%) Short selling $1.63B; Ratio 9.653% leaped 4.65% for the day; BIDU-SW (09888.HK) +3.800 (+3.722%) Short selling $172.23M; Ratio 11.210% swelled 3.72%; TENCENT (00700.HK) +3.400 (+0.721%) Short selling $1.61B; Ratio 10.975% inched up 0.72%; while JD-SW (09618.HK) -1.600 (-1.243%) Short selling $633.75M; Ratio 32.972% sagged 1.24%. XIAOMI-W (01810.HK) -2.260 (-7.281%) Short selling $4.42B; Ratio 37.185% , which launched the new SkyNomad series vehicles, tumbled 7.28%, making it the worst-performing blue chip. Among blue chips, HSBC HOLDINGS (00005.HK) +3.700 (+2.249%) Short selling $628.48M; Ratio 17.475% set a record high of HKD168.9 and closed at HKD168.2, up 2.25%. LAOPU GOLD (06181.HK) +29.800 (+10.102%) Short selling $96.10M; Ratio 11.576% , despite having its TP cut by BofA Securities, soared 10.1%, becoming the best-performing blue chip of the day. LENOVO GROUP (00992.HK) +2.120 (+9.752%) Short selling $662.02M; Ratio 21.870% rallied 9.75%. BUD APAC (01876.HK) -0.470 (-6.667%) Short selling $136.69M; Ratio 35.054% cratered 6.67% after Daiwa downgraded the stock to Hold. HANG LUNG PPT (00101.HK) -0.260 (-3.444%) Short selling $42.01M; Ratio 25.281% slid 3.44% after its interim underlying net profit dropped 10%. GEELY AUTO (00175.HK) -0.660 (-3.226%) Short selling $153.09M; Ratio 12.964% closed down 3.23%. SK Group Chairman acquired SK Hynix shares under his personal name for the first time, sending SK Hynix shares in South Korea up nearly 30% for the day. XL2CSOPHYNIX (07709.HK) +17.160 (+67.666%) Short selling $4.53B; Ratio 21.210% skyrocketed 67.67%, while XL2CSOPSMSN (07747.HK) +25.560 (+49.249%) Short selling $553.72M; Ratio 17.655% swelled 49.25%. Hong Kong-listed semiconductor-related stocks echoed the strong external market performance. SMIC (00981.HK) +1.250 (+2.016%) Short selling $354.27M; Ratio 3.704% and HUA HONG GRACE (01347.HK) +2.800 (+2.231%) Short selling $963.93M; Ratio 13.399% jumped up more than 2%; ILUVATAR COREX (09903.HK) +48.400 (+12.838%) Short selling $144.03M; Ratio 8.958% climbed 12.84%; while MONTAGE TECH (06809.HK) +17.600 (+7.001%) Short selling $120.14M; Ratio 5.257% and GIGADEVICE (03986.HK) +30.800 (+7.193%) Short selling $214.86M; Ratio 3.175% escalated about 7%. (HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-07-31 16:25.) ### Related Stocks - [HSBC.US](https://longbridge.com/en/quote/HSBC.US.md) - [SKHY.US](https://longbridge.com/en/quote/SKHY.US.md) - [LNVGY.US](https://longbridge.com/en/quote/LNVGY.US.md) - [HSBH.US](https://longbridge.com/en/quote/HSBH.US.md) - [00005.HK](https://longbridge.com/en/quote/00005.HK.md) - [00992.HK](https://longbridge.com/en/quote/00992.HK.md) - [06181.HK](https://longbridge.com/en/quote/06181.HK.md) - [00101.HK](https://longbridge.com/en/quote/00101.HK.md) - [01876.HK](https://longbridge.com/en/quote/01876.HK.md) - [03115.HK](https://longbridge.com/en/quote/03115.HK.md) - [07226.HK](https://longbridge.com/en/quote/07226.HK.md) - [00HSI.HK](https://longbridge.com/en/quote/00HSI.HK.md) - [07709.HK](https://longbridge.com/en/quote/07709.HK.md) - [HSBA.UK](https://longbridge.com/en/quote/HSBA.UK.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) - [07300.HK](https://longbridge.com/en/quote/07300.HK.md) - [07500.HK](https://longbridge.com/en/quote/07500.HK.md) - [01810.HK](https://longbridge.com/en/quote/01810.HK.md) - [STECH.HK](https://longbridge.com/en/quote/STECH.HK.md) - [HSCEI.HK](https://longbridge.com/en/quote/HSCEI.HK.md) - [09988.HK](https://longbridge.com/en/quote/09988.HK.md) - [09888.HK](https://longbridge.com/en/quote/09888.HK.md) - [00700.HK](https://longbridge.com/en/quote/00700.HK.md) - [09618.HK](https://longbridge.com/en/quote/09618.HK.md) - [00175.HK](https://longbridge.com/en/quote/00175.HK.md) - [07747.HK](https://longbridge.com/en/quote/07747.HK.md) - [00981.HK](https://longbridge.com/en/quote/00981.HK.md) - [688981.CN](https://longbridge.com/en/quote/688981.CN.md) - [01347.HK](https://longbridge.com/en/quote/01347.HK.md) - [688347.CN](https://longbridge.com/en/quote/688347.CN.md) - [09903.HK](https://longbridge.com/en/quote/09903.HK.md) - [06809.HK](https://longbridge.com/en/quote/06809.HK.md) - [688008.CN](https://longbridge.com/en/quote/688008.CN.md) - [03986.HK](https://longbridge.com/en/quote/03986.HK.md) - [603986.CN](https://longbridge.com/en/quote/603986.CN.md) - [DTIW.SG](https://longbridge.com/en/quote/DTIW.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) - [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) - [89888.HK](https://longbridge.com/en/quote/89888.HK.md) - [BIDU.US](https://longbridge.com/en/quote/BIDU.US.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) - [89618.HK](https://longbridge.com/en/quote/89618.HK.md) - [JD.US](https://longbridge.com/en/quote/JD.US.md) - [HLPD.SG](https://longbridge.com/en/quote/HLPD.SG.md) - [80992.HK](https://longbridge.com/en/quote/80992.HK.md) - [80175.HK](https://longbridge.com/en/quote/80175.HK.md) - [GELHY.US](https://longbridge.com/en/quote/GELHY.US.md) - [GELYY.US](https://longbridge.com/en/quote/GELYY.US.md) - [HSMD.SG](https://longbridge.com/en/quote/HSMD.SG.md) ## Related News & Research - [Reports Say HSBC HOLDINGS Conducted Largest Senior Executive Layoffs Since Financial Crisis Last Year, With Severance Costs Near USD68 million](https://longbridge.com/en/news/296579419.md) - [HSBC Advances Multi-Venue Share Buy-Back With US$263 Million Repurchases](https://longbridge.com/en/news/296279388.md) - [Congressman’s Buying Spree, AAPL Stock Gains and More: This Week in Appleverse](https://longbridge.com/en/news/296704647.md) - [South Korea's SK Hynix weighs Japan chip plant, multi-trillion won investment: report](https://longbridge.com/en/news/296553474.md) - [SK Hynix union finalising preliminary wage deal, source says](https://longbridge.com/en/news/296284094.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**