HSI Declines by 137 Points; SENSETIME-W Drops Over 3% Due to Share Placement; CICC Rebounds with a 7% Increase
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 18 2025
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Source: aastocks
Market Overview: The HSI opened down 137 points (0.5%) at 25,330, with declines in the HSCEI and HSTECH as well, reflecting a negative sentiment in the market.
Stock Movements: Notable declines were observed in tech stocks like SENSETIME-W, BABA-W, and TENCENT, while CICC surged 7.1% after announcing a merger plan.
Carmakers Performance: Major car manufacturers such as BYD and LI AUTO saw declines of 1.5% and 1.7%, respectively, amid a reported 4% YoY drop in new energy vehicle sales.
Short Selling Trends: Significant short selling activity was noted across various stocks, with SENSETIME-W and XIAOMI-W experiencing high short selling ratios of 39.596% and 34.442%, respectively.
Analyst Views on 00020
Wall Street analysts forecast 00020 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 00020 is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 2.480
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Current: 2.480
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
