HSI Closes Midday at 23,517, Down 98 pts; HSTI Closes Midday at 4,528, Down 12 pts; MEITUAN Up over 4%; HSBC HOLDINGS Hit New Highs
AASTOCKS News·- At midday close, the Hang Seng Index (HSI) dropped 98 points, or 0.4%, to 23,517, and the Hang Seng Tech Index (HSTI) fell 12 points, or 0.3%, to 4,528. - Key active stocks included Meituan and Tencent, which saw gains of 4.3% and 2.8%, respectively, while Kuaishou experienced a significant decline of 9.5%. - The short selling activity highlighted high ratios for several companies, with Kuaishou at 14.952% and BYD Electronic at 39.341%.