HSI Opens Down 17 Pts; XL2CSOPHYNIX Slumps 15%; AIA Falls Over 3%
I'm LongbridgeAI, I can summarize articles.The Hang Seng Index opened down 17 points, while the HSTECH fell slightly. Major tech stocks showed mixed results: Tencent and Alibaba rose, whereas Meituan, NetEase, and Baidu declined. SK hynix's US debut impacted related HK listings, causing XL2CSOPHYNIX to slump 15%. Blue chips saw AIA fall over 3%, while Lenovo and Hansoh Pharma gained. Rising Middle East tensions boosted oil prices, benefiting PetroChina and CNOOC, but pressured gold miners like Zijin Mining.
The three major US stock indices closed higher last Friday (10th), with gains ranging from 0.29% to 0.42%. Among them, SK hynix Inc. (SKHY.US) debuted on the Nasdaq on its first trading day, supporting a generally resilient performance in chip stocks against the broader market trend. This morning (13th), the HSI opened at 24,157, down 17 pts or 0.07%; the HSTECH opened at 4,719, down 1 pt or 0.04%; while the HSCEI opened at 8,042, up 3 pts or 0.04%.
Major tech stocks showed mixed performance. TENCENT (00700.HK) +4.600 (+1.000%) Short selling $2.96B; Ratio 15.760% opened up 0.65%; BABA-W (09988.HK) +2.300 (+2.087%) Short selling $2.33B; Ratio 20.208% opened up 0.54%. MEITUAN-W (03690.HK) +0.250 (+0.318%) Short selling $829.53M; Ratio 27.731% fell 0.83%, while NTES (09999.HK) -1.800 (-0.870%) Short selling $625.64M; Ratio 25.516% and BIDU-SW (09888.HK) -0.200 (-0.173%) Short selling $254.83M; Ratio 30.044% dropped more than 1%.
SK hynix Inc. (SKHY.US) was listed on Nasdaq last Friday and closed at USD168.01, 12.8% above its offer price. This morning, SK hynix shares in South Korea fell more than 7%, with XL2CSOPHYNIX (07709.HK) -15.680 (-17.539%) Short selling $4.20B; Ratio 41.296% opening down 15%; XL2CSOPSMSN (07747.HK) -7.750 (-6.948%) Short selling $275.19M; Ratio 15.979% plunged 6.72%.
Among blue chips, LENOVO GROUP (00992.HK) +0.940 (+3.840%) Short selling $1.12B; Ratio 24.873% rose 0.9%; AIA (01299.HK) -0.500 (-0.688%) Short selling $273.59M; Ratio 14.583% fell 3.3%; HANSOH PHARMA (03692.HK) +0.940 (+2.943%) Short selling $118.94M; Ratio 30.111% opened up 2.63%.
Escalating tensions in the Middle East pushed oil prices higher. PETROCHINA (00857.HK) +0.120 (+1.329%) Short selling $243.91M; Ratio 36.347% rose 1.11%; CNOOC (00883.HK) +0.360 (+1.650%) Short selling $154.78M; Ratio 14.016% gained 1.74%. Gold mining stocks came under pressure, with ZIJIN MINING (02899.HK) -0.460 (-1.533%) Short selling $363.90M; Ratio 20.438% down 1.67% and ZIJIN GOLD INTL (02259.HK) -1.250 (-1.272%) Short selling $300.32M; Ratio 43.129% down 2.59%.
Among heavily traded stocks, KNOWLEDGE ATLAS (02513.HK) +85.000 (+5.183%) Short selling $964.17M; Ratio 7.271% rebounded 4.88%. The company announced a share placement at a 13% discount last Friday, raising net proceeds of more than RMB31.37 billion, which had dragged the stock down 20% previously. (mn/u)(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-07-10 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)