News

Market Performance: The HSI rose 244 points (0.9%) to 27,092, with significant gains in tech stocks like HSTECH, which increased by 1.5% to 5,959, and a total market turnover of HKD162.674 billion at midday.
Notable Stock Movements: BABA-W surged 5.3% to HKD168.3, while ALI HEALTH skyrocketed 16% after launching a new drug. KUAISHOU-W and Q TECH also saw substantial increases of 5.5% and 13.5%, respectively.
Short Selling Trends: Various stocks experienced significant short selling, with BABA-W and ALI HEALTH having ratios of 9.235% and 22.547%, respectively, indicating investor caution despite their price increases.
Economic Indicators: China's PPI YoY for December was reported at -1.9%, slightly better than expected, while the inflation rate for the same month was 0.2%, showing a rise from the previous -0.1%.

NASDAQ Golden Dragon China Index Performance: The NASDAQ Golden Dragon China Index surged over 4%, with Alibaba ADR leading the charge, rising 10%, which positively influenced the opening of Hong Kong stocks.
Hong Kong Stock Market Opening: The Hang Seng Index (HSI) opened 350 points higher at 26,958, while the HSCEI and HSTECH also saw significant increases of 115 points and 113 points, respectively.
Tech Sector Movements: Major tech stocks like Alibaba, Tencent, and Meituan opened higher, with Alibaba-W rising 5% and Tencent increasing by 2.2%, amidst notable short selling activity.
Sector Highlights: In the auto sector, BYD and XPENG saw increases of 4.1% and 3.5%, respectively, while pharmaceutical stocks like WUXI APPTEC projected a significant profit increase, leading to a 4.7% rise in share price.

Market Performance: The HSI rose by 1.4% to close at 26,608, with significant gains in the HSCEI and HSTECH, which increased by 1.9% and 3.1% respectively, and total market turnover reached HKD306.223 billion.
Regulatory Investigation: China's State Council's Anti-Monopoly and Anti-Unfair Competition Committee announced an investigation into the food delivery platform service industry, impacting companies like MEITUAN-W.
Tech Stock Rally: AI and software stocks surged, with notable increases from BIDU-SW and KUAISHOU-W, following news of a new AI model release by DeepSeek, while other tech stocks like TENCENT and BILIBILI-W also saw significant gains.
Chip and Automotive Stocks: Chip stocks like BIREN TECH and ILUVATAR COREX experienced substantial growth, while automotive companies such as BYD and XPENG-W saw moderate increases, with XPENG reportedly preparing for a listing in Hong Kong.

Market Performance: The Hang Seng Index (HSI) rose by 376 points (1.4%) to close at 26,608, with significant gains in other indices such as HSTI and HSCEI, and a market turnover of $306.22 billion.
Top Gainers: Notable heavyweights like Meituan and Alibaba saw substantial increases of 6.6% and 5.3%, respectively, while Ping An experienced a decline of 2.1%.
HSI & HSCEI Movers: Companies like Ali Health and Kuaishou-W had impressive gains of 10.2% and 7.4%, respectively, while several other stocks also showed strong performance.
Emerging Stocks: Smaller companies such as MarketingForce and Synagistics reported remarkable increases of 32.1% and 24.3%, indicating a vibrant market for emerging stocks.

Market Performance: The HSI rose by 224 points (0.9%) to 26,456, with significant gains in the HSCEI and HSTECH, while total market turnover reached HKD168.375 billion.
Regulatory Investigation: China's State Council's Anti-Monopoly and Anti-Unfair Competition Committee is investigating the food delivery platform service industry, impacting companies like MEITUAN-W.
Tech Stock Rally: AI and software stocks surged, with notable increases in companies like BIDU-SW and KUAISHOU-W, as anticipation builds for a new AI model release.
Automotive Market Outlook: The China Passenger Car Association forecasts flat sales for the car market this year, with several major carmakers experiencing declines in stock prices.
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