Analysis of the Top 5 Strongest and Weakest Stocks in HSCEI for 2025 (Table)
Top 5 Strongest Stocks: The strongest stocks in the HSCEI for 2025 include CHINAHONGQIAO (+177.4%), ZIJIN MINING (+152.2%), SMIC (+124.7%), POP MART (+109.4%), and INNOVENT BIO (+108.3%), with varying short selling ratios.
Top 5 Weakest Stocks: The weakest stocks in the HSCEI for 2025 are MEITUAN-W (-31.9%), LI AUTO-W (-31%), JD-SW (-17.9%), MENGNIU DAIRY (-15.1%), and HAIER SMARTHOME (-11.7%), also showing different short selling ratios.
Market Performance: The HSCEI index ended 2025 with a gain of 1,623 points, representing a 22.3% increase, closing at 8,913.
JD-SW Target Price Adjustment: HSBC Research has reduced the target price for JD-SW to $144 due to weaker-than-expected sales in the home appliance sector.
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HKD2.2 Billion Net Inflow from Southbound Trading into TENCENT
Southbound Trading Inflows: TENCENT (00700.HK) saw significant Southbound Trading net inflows of HKD2.2 billion, while SMIC (00981.HK) experienced a net outflow of HKD706.8 million.
Short Selling Activity: TENCENT had a short selling amount of $2.71 billion with a ratio of 7.959%, while SMIC's short selling was $181.86 million with a ratio of 3.819%.
Market Performance: At market close, Southbound Trading net outflow totaled HKD0, accounting for 39.97% of the total transaction amount of HKD114.07 billion.
Future Projections: Analysts from Citi and CLSA predict limited impact from Google's Project Genie on TENCENT, with expectations of double-digit growth in its gaming and advertising sectors this year.
HSI Drops 109 Points at Midday as Software and Tech Stocks Weaken; Kingdee Falls Over 14%
Market Reaction to AI Threat: The software industry faced pressure from AI models by Alphabet and Anthropic, leading to declines in US software stocks and a drop in the Hong Kong bourse, with the HSI down 0.4% in the morning session.
Significant Stock Declines: Major tech companies like Tencent, Bilibili, and Meitu experienced substantial losses, with short selling ratios indicating increased market skepticism.
Broader Tech Sector Impact: Other tech stocks, including Alibaba and JD.com, also saw declines, while semiconductor stocks like SMIC and Hua Hong Semi faced significant drops, reflecting a broader downturn in the tech sector.
Resource Stocks Performance: Gold and silver prices rebounded, and oil stocks gained due to rising refined oil prices in mainland China and geopolitical events, with companies like Sinopec and PetroChina seeing modest increases.
HSI Declines by 37 Points; Commodities Maintain Recovery; TENCENT Under Pressure
Market Overview: The HSI opened lower by 0.1% at 26,797, with the HSCEI and HSTECH also experiencing declines of 0.15% and 0.9%, respectively.
Resource Stocks Performance: Gold and silver stocks saw gains, with CHINAGOLDINTL up 2.8% and JIANGXI COPPER rising 3.0%, while ZIJIN MINING rallied by 2.1%.
Tech Stocks Decline: Major tech companies like TENCENT and BABA-W faced losses of 2.6% and 1.1%, respectively, with significant short selling activity noted across the sector.
Carmakers and Other Stocks: Carmakers BYD and LEAPMOTOR opened lower, while LI AUTO saw a slight increase of 2.2%. CKH HOLDINGS remained flat amid ongoing arbitration actions.
HKD3.8B Net Outflow from TRACKER FUND in Southbound Trading
Southbound Trading Inflows and Outflows: TENCENT (00700.HK) saw a net inflow of HKD2 billion, while TRACKER FUND (02800.HK) experienced a significant outflow of HKD3.8 billion in Southbound Trading.
Short Selling Activity: TENCENT had a short selling volume of $3.79 billion with a ratio of 10.084%, while TRACKER FUND had a higher short selling volume of $4.60 billion and a ratio of 20.130%.
Market Performance: At market close, Southbound Trading net outflow totaled HKD0, accounting for 37.71% of the total transaction amount of HKD126.4 billion.
Analyst Insights: Citi expects limited impact from Google's Project Genie on TENCENT and sees it as the biggest beneficiary from the CN approval of H200 chip purchases.
HSI Rises by 59 Points; Commodities Recover; HSBC Holdings and Standard Chartered Perform Well
Market Performance: The HSI closed up 59 points (0.2%) at 26,834, while the HSCEI and HSTECH fell by 27 points (0.3%) and 59 points (1.1%) respectively, with a total market turnover of HKD335.152 billion.
Tech Sector Movements: Major tech stocks like TENCENT, BIDU-SW, and BABA-W experienced declines, with TENCENT dropping 2.9% and BIDU-SW falling 3.6%, while NTES-S saw a slight increase of 0.3%.
Commodity and Bank Stocks: Commodity prices rose, benefiting stocks like ZIJIN GOLD INTL, which surged 7.8%, and bank stocks also performed well, with HSBC HOLDINGS increasing by 3.1%.
Short Selling Trends: Significant short selling activity was noted across various sectors, with TENCENT and BIDU-SW having high short selling ratios of 10.084% and 36.085% respectively, indicating bearish sentiment among investors.
HSI Rises by 220 Points; Gold, Silver, and Resource Stocks Recover; HSBC Holdings and NTES-S Surge
Market Opening Performance: The HSI opened 220 points higher at 26,995, with the HSCEI and HSTECH also showing gains of 0.6% and 0.7%, respectively.
Commodity and Mining Stocks: Mining stocks like CHINAGOLDINTL and ZIJIN MINING saw significant increases, with short selling ratios indicating active trading, while other commodities also trended upward.
Financial Sector Highlights: HSBC HOLDINGS rose 3% following positive forecasts from BNP Paribas, while AIA and HKEX experienced modest gains, reflecting a stable financial market.
Tech and Automotive Stocks: Mixed performance in tech stocks, with TENCENT declining slightly, while NTES-S and NEW ORIENTAL-S saw notable increases; automotive stocks like BYD and NIO faced declines amid high short selling ratios.
HKD2.2 Billion Net Inflow from Southbound Trading into TENCENT
Southbound Trading Inflows: TENCENT (00700.HK) saw significant Southbound Trading net inflows of HKD2.2 billion, while SMIC (00981.HK) experienced a net outflow of HKD706.8 million.
Short Selling Activity: TENCENT had a short selling amount of $2.71 billion with a ratio of 7.959%, while SMIC's short selling was $181.86 million with a ratio of 3.819%.
Market Performance: At market close, Southbound Trading net outflow totaled HKD0, accounting for 39.97% of the total transaction amount of HKD114.07 billion.
Future Projections: Analysts from Citi and CLSA predict limited impact from Google's Project Genie on TENCENT, with expectations of double-digit growth in its gaming and advertising sectors this year.
HSI Drops 109 Points at Midday as Software and Tech Stocks Weaken; Kingdee Falls Over 14%
Market Reaction to AI Threat: The software industry faced pressure from AI models by Alphabet and Anthropic, leading to declines in US software stocks and a drop in the Hong Kong bourse, with the HSI down 0.4% in the morning session.
Significant Stock Declines: Major tech companies like Tencent, Bilibili, and Meitu experienced substantial losses, with short selling ratios indicating increased market skepticism.
Broader Tech Sector Impact: Other tech stocks, including Alibaba and JD.com, also saw declines, while semiconductor stocks like SMIC and Hua Hong Semi faced significant drops, reflecting a broader downturn in the tech sector.
Resource Stocks Performance: Gold and silver prices rebounded, and oil stocks gained due to rising refined oil prices in mainland China and geopolitical events, with companies like Sinopec and PetroChina seeing modest increases.
HSI Declines by 37 Points; Commodities Maintain Recovery; TENCENT Under Pressure
Market Overview: The HSI opened lower by 0.1% at 26,797, with the HSCEI and HSTECH also experiencing declines of 0.15% and 0.9%, respectively.
Resource Stocks Performance: Gold and silver stocks saw gains, with CHINAGOLDINTL up 2.8% and JIANGXI COPPER rising 3.0%, while ZIJIN MINING rallied by 2.1%.
Tech Stocks Decline: Major tech companies like TENCENT and BABA-W faced losses of 2.6% and 1.1%, respectively, with significant short selling activity noted across the sector.
Carmakers and Other Stocks: Carmakers BYD and LEAPMOTOR opened lower, while LI AUTO saw a slight increase of 2.2%. CKH HOLDINGS remained flat amid ongoing arbitration actions.
HKD3.8B Net Outflow from TRACKER FUND in Southbound Trading
Southbound Trading Inflows and Outflows: TENCENT (00700.HK) saw a net inflow of HKD2 billion, while TRACKER FUND (02800.HK) experienced a significant outflow of HKD3.8 billion in Southbound Trading.
Short Selling Activity: TENCENT had a short selling volume of $3.79 billion with a ratio of 10.084%, while TRACKER FUND had a higher short selling volume of $4.60 billion and a ratio of 20.130%.
Market Performance: At market close, Southbound Trading net outflow totaled HKD0, accounting for 37.71% of the total transaction amount of HKD126.4 billion.
Analyst Insights: Citi expects limited impact from Google's Project Genie on TENCENT and sees it as the biggest beneficiary from the CN approval of H200 chip purchases.
HSI Rises by 59 Points; Commodities Recover; HSBC Holdings and Standard Chartered Perform Well
Market Performance: The HSI closed up 59 points (0.2%) at 26,834, while the HSCEI and HSTECH fell by 27 points (0.3%) and 59 points (1.1%) respectively, with a total market turnover of HKD335.152 billion.
Tech Sector Movements: Major tech stocks like TENCENT, BIDU-SW, and BABA-W experienced declines, with TENCENT dropping 2.9% and BIDU-SW falling 3.6%, while NTES-S saw a slight increase of 0.3%.
Commodity and Bank Stocks: Commodity prices rose, benefiting stocks like ZIJIN GOLD INTL, which surged 7.8%, and bank stocks also performed well, with HSBC HOLDINGS increasing by 3.1%.
Short Selling Trends: Significant short selling activity was noted across various sectors, with TENCENT and BIDU-SW having high short selling ratios of 10.084% and 36.085% respectively, indicating bearish sentiment among investors.
HSI Rises by 220 Points; Gold, Silver, and Resource Stocks Recover; HSBC Holdings and NTES-S Surge
Market Opening Performance: The HSI opened 220 points higher at 26,995, with the HSCEI and HSTECH also showing gains of 0.6% and 0.7%, respectively.
Commodity and Mining Stocks: Mining stocks like CHINAGOLDINTL and ZIJIN MINING saw significant increases, with short selling ratios indicating active trading, while other commodities also trended upward.
Financial Sector Highlights: HSBC HOLDINGS rose 3% following positive forecasts from BNP Paribas, while AIA and HKEX experienced modest gains, reflecting a stable financial market.
Tech and Automotive Stocks: Mixed performance in tech stocks, with TENCENT declining slightly, while NTES-S and NEW ORIENTAL-S saw notable increases; automotive stocks like BYD and NIO faced declines amid high short selling ratios.
