HSI Up 560 pts; HSTI Up 195 pts; BABA Up over 8%; XIAOMI Up over 5%; TENCENT Up over 3%
AASTOCKS News·- The HSI rose by 560 points or 2.4% to close at 24,057, with significant gains across various stocks like BABA, up 8.1%, and LENOVO GROUP, up 9.5%. - In contrast, WH GROUP experienced a decline of 6.4%, amid notable short selling activity across the board. - Overall, the market showed resilience, indicating a positive trend with several heavyweight constituents recording substantial increases.HSI Opens Down 113 pts or 0.5%; WH GROUP, XINYI GLASS Each Open Up 7%
AASTOCKS News·- Hong Kong stocks opened lower, with the HSI down 113 points at 23,811 and HSCEI down 40 points at 7,935. - WH GROUP and XINYI GLASS opened higher, while heavyweight financials and tech stocks showed mixed results, with HKEX up 1.4% and Alibaba down 3.2%. - Short selling activity was significant, with SMIC seeing a rise of 2.3% amidst high short selling ratios across various stocks.Hogs Falling Back on Thursday
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