---
title: "HSI Finishes Up 310 Pts; BABA-W, POP MART Dive 2-3%; HENDERSON LAND Swells 7%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296591687.md"
description: "The Hang Seng Index rose 1.21% to close at 26,009, driven by strong performance in gold and resource stocks. Zijin Gold surged over 8%, while Henderson Land jumped 7.17% on beating profit expectations. Conversely, BABA-W fell 2.54% after missing profit targets, and Pop Mart dipped 3.06% following a JPMorgan downgrade. Tech giants Xiaomi and NetEase also gained ground."
datetime: "2026-08-21T08:51:41.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296591687.md)
  - [en](https://longbridge.com/en/news/296591687.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296591687.md)
generator: "portal-rs"
---

# HSI Finishes Up 310 Pts; BABA-W, POP MART Dive 2-3%; HENDERSON LAND Swells 7%

This morning (21st), the HSI opened up 109 pts and drifted higher throughout the session, closing at the day's peak of 26,009, up 310 pts or 1.21%, with full-day turnover reaching HKD257.277 billion. The HSTECH closed at 4,766, up 65 pts or 1.4%. The HSCEI closed at 8,634, up 86 pts or 1.01%.

Among heavyweight dotcoms, BABA-W (09988.HK) -3.200 (-2.536%) Short selling $4.45B; Ratio 24.410% 's adjusted net profit for 1FQ missed. Although brokers upgraded the stock, its share price opened higher and then turned lower, closing down 2.54%. NTES (09999.HK) +8.600 (+4.447%) Short selling $508.38M; Ratio 17.656% rallied 4.45% on strong gaming business in 2Q. XIAOMI-W (01810.HK) +1.260 (+4.539%) Short selling $872.59M; Ratio 16.824% shot up 4.54%, while TENCENT (00700.HK) +5.600 (+1.241%) Short selling $1.47B; Ratio 14.596% advanced 1.24%.

Several blue-chip companies released quarterly results. POP MART (09992.HK) -4.700 (-3.058%) Short selling $1.70B; Ratio 26.426% slipped 3.06% post results, after JPMorgan downgraded the stock to Underweight. LI NING (02331.HK) -0.210 (-1.452%) Short selling $285.92M; Ratio 37.689% opened higher before turning down 1.45%, as the company lowered its full-year revenue target to low-single-digit growth. HENDERSON LAND (00012.HK) +2.020 (+7.168%) Short selling $442.55M; Ratio 53.941% posted more than 66% growth in interim underlying profit, beating expectations, and the stock closed up 7.17%. Citi and UBS said CHINA TELECOM (00728.HK) +0.155 (+3.277%) Short selling $52.12M; Ratio 12.573% 's 2Q net profit beat, lifting the stock by 3.28%.

Resource and metal stocks thrived, with CHALCO (02600.HK) +0.320 (+3.960%) Short selling $24.49M; Ratio 6.794% and CHINAHONGQIAO (01378.HK) +0.780 (+3.482%) Short selling $98.01M; Ratio 14.173% both mounting more than 3%. Spot gold stabilized above USD4,500 per ounce, with ZIJIN GOLD INTL (02259.HK) +12.000 (+8.092%) Short selling $816.74M; Ratio 38.747% surging another 8.09%, ZIJIN MINING (02899.HK) +1.800 (+4.897%) Short selling $590.69M; Ratio 19.823% soaring nearly 5%, and LINGBAO GOLD (03330.HK) +1.840 (+7.877%) Short selling $68.81M; Ratio 9.911% leaping 7.88%. Gold jewelry stocks also attracted buying interest, with CHOW TAI FOOK (01929.HK) +0.150 (+1.120%) Short selling $134.46M; Ratio 58.734% up 1.12%, and LAOPU GOLD (06181.HK) +27.600 (+7.455%) Short selling $110.10M; Ratio 11.318% up 7.46%, becoming the best-performing blue chip of the day.  
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-08-21 16:25.)

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## Related News & Research

- [HSBC Research Expects Henderson Land  New Project Margins to Rebound, Benefiting from Northern Metropolis Opportunities](https://longbridge.com/en/news/283779275.md)
- [Labubu maker Pop Mart set for drastic growth slowdown as bears gather](https://longbridge.com/en/news/296428956.md)
- [Pop Mart grants 137,510 share awards under post-IPO scheme](https://longbridge.com/en/news/296779679.md)
- [Jefferies Downgrades POP MART to Hold, Chops TP to HKD146](https://longbridge.com/en/news/296564073.md)
- [POP MART: Dozens of Stores Expected to Undergo Relocation and Renovation in 2H; Flagship Store Plans Also in Pipeline](https://longbridge.com/en/news/296554777.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**