＜H Shrs＞HSI Rises 101 pts & Tops 18,000 at Open; LI AUTO Hikes 4%+ as Techs Rally

　　Hong Kong stocks opened this morning (4 July) atop the 18,000 point barrier of HSI, which opened 101 points or 0.56% higher at 18,079. HSCEI opened 30 points or 0.48% higher at 6,486. HSTECH opened 65 points or 1.81% higher at 3,692.

　　Car stocks were sought after, with LI AUTO-W (02015.HK) +4.100 (+5.273%) Short selling $285.30M; Ratio 24.097% opening up 4.1%, the best-performing blue chip. XPENG-W (09868.HK) +2.200 (+7.309%) Short selling $47.11M; Ratio 15.531% opened surging 7.8%, as NIO-SW (09866.HK) +2.600 (+7.263%) Short selling $8.38M; Ratio 14.161% opened hiking 6.1%. GEELY AUTO (00175.HK) +0.170 (+1.972%) Short selling $50.83M; Ratio 14.246% opened elevating 1.9%, and BYD COMPANY (01211.HK) +5.800 (+2.520%) Short selling $212.08M; Ratio 20.907% opened rising 0.9%.

　　Tech stocks performed well. TENCENT (00700.HK) +4.400 (+1.160%) Short selling $1.27B; Ratio 15.243% opened nearly 2% higher at $386.8, BABA-SW (09988.HK) +1.400 (+1.939%) Short selling $410.44M; Ratio 14.652% opened 1.7% higher, and BILIBILI-W (09626.HK) +2.900 (+2.367%) Short selling $95.20M; Ratio 27.506% opened 3.3% higher. MEITUAN-W (03690.HK) +3.100 (+2.647%) Short selling $460.87M; Ratio 12.782% , JD-SW (09618.HK) +1.400 (+1.355%) Short selling $90.59M; Ratio 12.827% , KUAISHOU-W (01024.HK) -0.700 (-1.491%) Short selling $70.54M; Ratio 8.004% , XIAOMI-W (01810.HK) +0.180 (+1.065%) Short selling $196.66M; Ratio 16.999% and BIDU-SW (09888.HK) +1.950 (+2.262%) Short selling $111.95M; Ratio 16.967% each advanced 1% to 2% at open. NTES-S (09999.HK) +0.500 (+0.336%) Short selling $53.81M; Ratio 9.950% inclined 0.5% at open.

　　As for financial stocks, HSBC HOLDINGS (00005.HK) +0.100 (+0.147%) Short selling $192.27M; Ratio 19.307% opened flat at $68.15. HKEX (00388.HK) +0.800 (+0.318%) Short selling $88.35M; Ratio 11.254% opened almost 1% higher, AIA (01299.HK) +0.350 (+0.659%) Short selling $151.20M; Ratio 6.022% opened 1.6% higher, and CHINA LIFE (02628.HK) +0.080 (+0.734%) Short selling $66.19M; Ratio 20.325% opened 0.7% higher.

　　HAIER SMARTHOME (06690.HK) -0.050 (-0.201%) Short selling $40.71M; Ratio 14.790% opened down 1%, the worst-performing blue chip.

　　(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-07-03 16:25.)