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<Midday Wrap-up>HSI Slips 14 pts as Metals, Power Utilities Speculated; BUD APAC Craters 6%+
The HSI slid 14 points or 0.1% to 16,709 at midday. The HSCEI added less than 1 point to 5,864. The HSTECH dropped 14 points or 0.4% to 3,436. The total half-day turnover of the ma...
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<Midday Wrap-up>HSI Slips 14 pts as Metals, Power Utilities Speculated; BUD APAC Craters 6%+
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The HSI slid 14 points or 0.1% to 16,709 at midday. The HSCEI added less than 1 point to 5,864. The HSTECH dropped 14 points or 0.4% to 3,436. The total half-day turnover of the market amounted to $60.588 billion.

Precious metal stocks continued to be popular. CHI SILVER GP (00815.HK)  0.000 (0.000%)   rocketed 66.7% to $0.31, while SD GOLD (01787.HK)  -0.180 (-1.266%)    Short selling $16.02M; Ratio 15.088%   and ZHAOJIN MINING (01818.HK)  -0.220 (-1.846%)    Short selling $20.70M; Ratio 17.544%   advanced 5.4% and 6.9%. CHINAGOLDINTL (02099.HK)  -0.700 (-1.645%)    Short selling $13.68M; Ratio 8.797%   and LINGBAO GOLD (03330.HK)  +0.030 (+1.000%)    Short selling $960.50K; Ratio 6.025%   gained over 3%, while ZIJIN MINING (02899.HK)  -0.280 (-1.821%)    Short selling $73.98M; Ratio 19.469%   hiked 1.7%.

Other commodities stocks and related stocks were also popular. RUSAL (00486.HK)  -0.090 (-2.795%)   rallied 8.6%, while JIANGXI COPPER (00358.HK)  -0.340 (-2.628%)    Short selling $6.52M; Ratio 9.627%   , GANFENGLITHIUM (01772.HK)  -1.250 (-4.950%)    Short selling $78.76M; Ratio 26.579%   , TIANQI LITHIUM (09696.HK)  -1.650 (-5.759%)    Short selling $9.17M; Ratio 15.069%   and CHINAHONGQIAO (01378.HK)  -0.660 (-5.375%)    Short selling $56.75M; Ratio 16.155%   leaped 4-5.3%. YANKUANG ENERGY (01171.HK)  -0.270 (-2.839%)    Short selling $32.57M; Ratio 12.802%   and CHINA COAL (01898.HK)  -0.220 (-2.245%)    Short selling $46.90M; Ratio 33.193%   elevated 3.9% and 2.8%, while PETROCHINA (00857.HK)  -0.060 (-1.070%)    Short selling $155.27M; Ratio 30.891%   and KUNLUN ENERGY (00135.HK)  -0.020 (-0.256%)    Short selling $10.92M; Ratio 11.646%   climbed 2.2% and 3%. CHINA OILFIELD (02883.HK)  -0.190 (-2.691%)    Short selling $5.84M; Ratio 9.025%   said that the suspension of platform operations by Middle East clients had less impact on the drilling segment, and its share price rebounded by 5%.

Power utilities also saw speculation. HUANENG POWER (00902.HK)  -0.050 (-1.202%)    Short selling $29.44M; Ratio 35.450%   spiked 10.5%, while DATANG POWER (00991.HK)  -0.050 (-3.448%)    Short selling $2.65M; Ratio 8.255%   , HUADIAN POWER (01071.HK)  -0.080 (-2.222%)    Short selling $2.45M; Ratio 8.624%   and EB ENVIRONMENT (00257.HK)  -0.070 (-1.950%)    Short selling $7.46M; Ratio 18.981%   swelled over 6%. CHINA LONGYUAN (00916.HK)  -0.230 (-3.433%)    Short selling $30.59M; Ratio 14.476%   shot up 5.2%, while CHINA RES POWER (00836.HK)  -0.280 (-1.530%)    Short selling $23.25M; Ratio 12.703%   and CGN POWER (01816.HK)  -0.070 (-2.465%)    Short selling $11.37M; Ratio 10.923%   escalated over 3%. However, XINYI SOLAR (00968.HK)  -0.160 (-4.908%)    Short selling $55.86M; Ratio 14.990%   dipped 6.7%.

For consumers, BUD APAC (01876.HK)  -0.130 (-1.747%)    Short selling $24.94M; Ratio 27.729%   cascaded 6.6% after a number of brokers predicted a drop in sales in China and South Korea in 1Q24. Its peer CHINA RES BEER (00291.HK)  -0.700 (-2.622%)    Short selling $29.08M; Ratio 16.107%   sagged 4.5%. while L'OCCITANE (00973.HK) and PRADA (01913.HK)  -1.250 (-2.228%)    Short selling $1.45M; Ratio 6.162%   faded 2.8% and 3.3%. The box office during the Ching Ming Festival in China hit a record high, and MAOYAN ENT (01896.HK)  -0.180 (-2.184%)    Short selling $4.84M; Ratio 30.141%   mounted 4.5%. In addition, WH GROUP (00288.HK)  -0.140 (-2.177%)    Short selling $25.79M; Ratio 19.245%   jumped up 3.3%.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-11-22 16:25.)

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