KJD

23.0100.08%

HSI Opens Down 21pts; XIAOMI-W Opens 5%+ Lower; Hard Techs Boom with External Markets

AASTOCKS News

Jul 30, 2026 at 09:16 PM

Complete. Here is the key summary

The Hang Seng Index opened down 21 points, while the HSTECH rose slightly. Major tech stocks like Xiaomi, Meituan, and JD.com opened lower, whereas Alibaba gained. Conversely, Hong Kong semiconductor and hard tech stocks surged significantly, mirroring overnight US market gains, with SMIC up over 8% and others rising more than 14%. SK Hynix also jumped nearly 30% following personal investment news from its chairman.

US equities finished higher overnight (30th), with the PHLX Semiconductor Sector Index leaping more than 8%. The Nasdaq gained 2.8% at close, whereas the DJIA and S&P 500 also rose 1.2% and nearly 1.7%, respectively.

This morning (31st), the HSI opened at 25,837, down 21 pts or 0.08%; the HSTECH opened at 4,818, up 14 pts or 0.3%; and the HSCEI opened at 8,623, down 21 pts or 0.24%.

Techs jumbled. XIAOMI-W (01810.HK) -2.500 (-8.054%) Short selling $1.88B; Ratio 24.833% opened 5.61% lower; MEITUAN-W (03690.HK) -1.650 (-1.781%) Short selling $1.00B; Ratio 21.561% and JD-SW (09618.HK) -2.200 (-1.709%) Short selling $415.42M; Ratio 21.308% opened down 2.86% and 3.19%, respectively; TENCENT (00700.HK) -7.600 (-1.611%) Short selling $1.90B; Ratio 12.695% opened 0.38% lower; and BABA-W (09988.HK) +3.900 (+3.488%) Short selling $1.46B; Ratio 17.506% opened 2.1% higher.

Hong Kong semiconductor and hard tech stocks mirrored upswings in external markets. SMIC (00981.HK) +4.000 (+6.452%) Short selling $1.12B; Ratio 11.431% skyrocketed 8.06%; HUA HONG GRACE (01347.HK) +14.500 (+11.554%) Short selling $797.56M; Ratio 14.108% , ILUVATAR COREX (09903.HK) +85.000 (+22.546%) Short selling $45.70M; Ratio 2.629% and MONTAGE TECH (06809.HK) +41.000 (+16.309%) Short selling $93.58M; Ratio 5.916% each opened more than 14% higher.

SK Group Chairman made his first personal investment in SK Hynix shares, sending SK Hynix stock in South Korea higher by nearly 30%. XL2CSOPSMSN (07747.HK) +23.240 (+44.778%) Short selling $1.33B; Ratio 47.466% opened 14.99% higher, while XL2CSOPHYNIX (07709.HK) +14.620 (+57.650%) Short selling $8.11B; Ratio 52.834% spiked 14.98% at open.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-07-30 16:25.)

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This morning (31st), the HSI opened at 25,837, down 21 pts or 0.08%; the HSTECH opened at 4,818, up 14 pts or 0.3%; and the HSCEI opened at 8,623, down 21 pts or 0.24%.