HSI Adds 50 Pts at Close; NEW ORIENTAL-S Leaps 19%, SMIC Dives 7%+, Z.AI Slumps 16%+
I'm LongbridgeAI, I can summarize articles.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.
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.)