02609 Overview

Market Performance: The HSI fell by 111 points (0.4%) to 25,799, while the HSTI and HSCEI also experienced declines, closing at 5,992 and 9,229 respectively.

Active Heavyweights: Notable stock movements included Xiaomi and Meituan, which dropped by 3.1% and 1.5%, while Ping An rose by 1.1%.

Top Gainers: New Oriental and Pop Mart saw significant increases of 6.9% and 5.1%, respectively, while BYD Electronic rose by 4.8%.

Notable Declines: XPeng and Giant Biogene faced losses of 3.8% and 12.3%, respectively, with Giant Biogene showing significant short selling activity.

Market Performance: The HSI closed at 26,545 with minimal change, while the HSTI and HSCEI saw slight increases of 0.4% and 0.2%, respectively, with a total market turnover of $376.81 billion.

Active Heavyweights: Notable stock movements included MEITUAN (+0.8%), BABA (+0.4%), and TENCENT (+0.1%), while XIAOMI experienced a slight decline of 0.3%.

Top Gainers: SANDS CHINA LTD led the gains with a 6.2% increase, followed by CHINAHONGQIAO (+4.7%) and GALAXY ENT (+4.2%), indicating strong performance among certain constituents.

Significant Declines: SDHG saw a drastic drop of 76%, along with HKBN down 23.2%, highlighting volatility in some stocks within the market.

Market Performance: The HSI fell by 47 points (0.2%) to 26,860, while the HSTI rose by 65 points (1.0%) to 6,400, and the HSCEI decreased by 10 points (0.1%) to 9,586.

Active Heavyweights: TENCENT and XIAOMI saw declines of 1.7% and 0.7%, respectively, while MEITUAN and BABA experienced gains of 1.7% and 0.6%, with BABA reaching a new high.

Notable Movers: SMIC and BIDU-SW had significant increases of 6.6% and 4.1%, respectively, both hitting new highs, while GEELY AUTO dropped by 3.6%.

HSMI & HSSI Highlights: HKBN surged by 54.5% to a new high, while BRAINAURORA-B and BAYZED HEALTH fell sharply by 16.7% and 16.2%, respectively.

Southbound Trading Inflows: BABA-W (09988.HK) experienced significant Southbound Trading net inflows totaling HKD3 billion, while MEITUAN-W (03690.HK) and BAYZED HEALTH (02609.HK) also saw positive movements.

Southbound Trading Outflows: TRACKER FUND (02800.HK) faced a net outflow of HKD4.6 billion, with notable short selling activity across various stocks including XIAOMI-W (01810.HK) and SMIC (00981.HK).

Market Activity: BABA-W was the most active stock in Southbound Trading with a net inflow of HKD1.9 billion, while TRACKER FUND had the highest net outflow of HKD3.2 billion.

Overall Trading Summary: The total Southbound Trading net outflow was HKD0, accounting for 56.37% of the total transaction amount of HKD165.77 billion.

Market Reaction to Federal Reserve: The HSI opened 90 points higher at 26,536, briefly reaching a four-year high of 26,601, as investors anticipated potential interest rate cuts by the Federal Reserve.

Surge in Pharmaceutical Stocks: Several pharmaceutical stocks, including BRAINAURORA-B, BAYZED HEALTH, and TRANSTHERA-B, experienced significant gains, with BAYZED HEALTH soaring by 89.5% and TRANSTHERA-B increasing by 42.9% since their listings.

Market Performance: The HSI rose by 58 points (0.2%) to 26,446, while the HSTI increased by 54 points (0.9%) to 6,043, and the HSCEI gained 19 points (0.2%) to 9,384, with a total market turnover of $290.19 billion.

Active Heavyweights: Notable stock movements included BABA (+2.3% to $154.6), XIAOMI (+1.9% to $56.2), and LI AUTO (+4.6% to $97.55), while POP MART saw a significant decline of 6.4% to $259.

High Performers: Among HSMI & HSSI constituents, TRANSTHERA-B surged by 115.6% to $415, BAYZED HEALTH rose by 50.6% to $10.24, and BRAINAURORA-B increased by 34.9% to $10.12, all hitting new highs.

Short Selling Data: The short selling ratios for major stocks varied, with NONGFU SPRING at 27.538% and BYD COMPANY at 9.979%, indicating significant market interest and activity.