--- title: "HSI Opens Down 84Pts; BIDU-SW Up 1% Ahead of Results; XIAOMI-W Down 1%+" type: "News" locale: "en" url: "https://longbridge.com/en/news/296164206.md" description: "The Hang Seng Index opened down 84 points (0.33%) amid overnight US stock declines and rising Middle East tensions that boosted oil prices. Major tech stocks softened broadly, with Tencent and Meituan falling, while Alibaba dipped slightly. Baidu rose 1% ahead of earnings, contrasting with Xiaomi's 1.47% drop. Blue chips saw mixed performance: AIA and CK Asset declined, whereas CNOOC and Lao Pu Gold gained. Geely Auto fell after a management reshuffle." datetime: "2026-08-18T01:46:56.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/296164206.md) - [en](https://longbridge.com/en/news/296164206.md) - [zh-HK](https://longbridge.com/zh-HK/news/296164206.md) generator: "portal-rs" --- # HSI Opens Down 84Pts; BIDU-SW Up 1% Ahead of Results; XIAOMI-W Down 1%+ US stocks closed down 0.3-0.5% overnight (17 Aug), as tensions escalated again in the Middle East and international oil prices rose more than 2%. This morning (18th), the HSI opened at 25,368, down 84 points or 0.33%; the HSTECH opened at 4,768, down 13 points or 0.28%; and the HSCEI opened at 8,415, down 24 points or 0.29%. Major techs softened broadly. TENCENT (00700.HK) -1.800 (-0.403%) Short selling $1.14B; Ratio 12.839% dipped 0.49%; MEITUAN-W (03690.HK) -0.300 (-0.342%) Short selling $816.24M; Ratio 34.461% dropped 1.43%; BABA-W (09988.HK) +0.800 (+0.655%) Short selling $1.21B; Ratio 20.328% opened down 0.16%. BIDU-SW (09888.HK) +0.800 (+0.798%) Short selling $149.46M; Ratio 17.546% and XIAOMI-W (01810.HK) -0.120 (-0.464%) Short selling $955.68M; Ratio 36.679% , both set to announce quarterly results today, moved in opposite directions, rising 1% and falling 1.47% respectively. Among blue chips, AIA (01299.HK) -1.250 (-1.703%) Short selling $338.03M; Ratio 15.036% sank 1.43%; CK ASSET (01113.HK) -0.800 (-1.743%) Short selling $68.72M; Ratio 26.602% lost 1.35%; LAOPU GOLD (06181.HK) +4.800 (+1.368%) Short selling $65.67M; Ratio 20.199% added 1.82%; CNOOC (00883.HK) +0.360 (+1.505%) Short selling $22.39M; Ratio 2.390% gained 1%. GEELY AUTO (00175.HK) +0.200 (+1.071%) Short selling $233.52M; Ratio 22.026% dipped 0.21% after the company carried out a major management reshuffle. 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