＜H Shrs＞HSI Sags 43 Pts; Wuxi Series Thrives; Stanchart Soft Pre-results

　　The HSI opened 43 pts or 0.3% lower at 17,194; the HSCEI opened 15 pts or 0.3% lower at 6,065; and the HSTECH opened 1 pt or 0.1% lower at 3,464.

　　Merchants were reportedly displeased with the new penalty rules of Temu, a subsidiary of Pinduoduo. BABA-SW (09988.HK) -0.400 (-0.523%) Short selling $830.01M; Ratio 14.567% , which soared 4.7% yesterday, opened 0.1% higher at $76.65 this morning. For other techs, TENCENT (00700.HK) -5.600 (-1.563%) Short selling $523.72M; Ratio 11.332% sagged 0.8% at $355.4. MEITUAN-W (03690.HK) -2.100 (-1.937%) Short selling $324.38M; Ratio 17.347% lifted 0.2% at $108.6. XIAOMI-W (01810.HK) -0.260 (-1.546%) Short selling $260.69M; Ratio 18.668% and JD-SW (09618.HK) -1.400 (-1.350%) Short selling $93.36M; Ratio 15.474% dropped 0.7%. BIDU-SW (09888.HK) +0.500 (+0.576%) Short selling $54.65M; Ratio 13.467% gained 1.4%. NTES-S (09999.HK) +0.400 (+0.284%) Short selling $98.07M; Ratio 9.722% , KUAISHOU-W (01024.HK) -0.950 (-2.189%) Short selling $159.35M; Ratio 26.624% and BILIBILI-W (09626.HK) +0.200 (+0.171%) Short selling $38.81M; Ratio 21.205% added 0.5%-0.8%.

　　In terms of financials, HSBC HOLDINGS (00005.HK) -1.100 (-1.634%) Short selling $241.40M; Ratio 24.367% fell 0.7% at $66.8. STANCHART (02888.HK) -1.800 (-2.456%) Short selling $337.04K; Ratio 2.356% , set to announce its interim results today, opened 0.4% lower at $73. HKEX (00388.HK) -2.600 (-1.126%) Short selling $124.60M; Ratio 21.168% opened flat at $231. AIA (01299.HK) +0.100 (+0.190%) Short selling $216.50M; Ratio 15.868% also opened flat at $52.5.

　　WUXI APPTEC (02359.HK) +1.350 (+4.696%) Short selling $8.86M; Ratio 7.301% s interim net profit slipped 20%, and the stock opened 3% higher at $29.6. WUXI BIO (02269.HK) +0.140 (+1.326%) Short selling $23.75M; Ratio 10.649% under the same series, lifted 1.3%. Zhong Shanshan's YANGSHENGTANG increased stake in NONGFU SPRING (09633.HK) -0.350 (-1.151%) Short selling $24.27M; Ratio 12.297% by a total of 1.83 million shares, and the stock opened flat at $30.4 this morning.

　　(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-07-29 16:25.)