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Quick look at the Hong Kong market | The three major indexes surged in the closing, with the tech index rising nearly 1.4%; semiconductor stocks performed well, with HUA HONG SEMI up over 5%; old pawn shop Gold rose nearly 13%, and Mixue Group set a new h
Network Technology stocks have mixed performance, KUAISHOU-W is up 5.15%, XIAOMI-W is up 1.99%; Alcoholic Beverages stocks are rising, SAN MIGUEL HK is up 6.41%, ZJLD is up 6.36%; Semiconductor stocks are performing well, HUA HONG SEMI is up 5.16%, SHANGHAI FUDAN is up 5.15%.
S&P Global Market Intelligence has listed the top ten shorted Hong Kong stocks recently.
S&P Global market intelligence listed the top ten most shorted stocks in Hong Kong as of last Friday (March 7). The data is calculated based on the securities financial dataset from S&P Global market intelligence. The indicator for calculating short selling (short ratio) is the percentage of borrowed shares to the issued shares. Stock Name │ Borrowed Shares (Million) │ Change in the Past 7 Days % │ Short Ratio % │ Price Change in the Past 7 Days % Vanke (02202.HK) │ 376.85 │ -2.43 │ 17.08 │ -3.94 GANFENGLITHIUM (01772.HK) │ 52.98 │ 1.29 │ 1
On March 11, Gelonghui reported that Shanghai Ganglian E-Commerce Holdings published data showing that the price of battery-grade lithium carbonate (in the morning session) remained unchanged from the previous day, with an average price of 75,350 yuan/ton
On March 11, Gelonghui reported that Shanghai Ganglian E-Commerce Holdings published data showing that the price of battery-grade lithium carbonate (in the morning session) remained unchanged from the previous day, with an average price of 75,350 yuan/ton.
GTJA: Lithium prices continue to show a downward trend, with signs of bottoming out.
GTJA issued a Research Report stating that although lithium prices will continue to be under pressure in Q4 2024, a significant increase in prices is unlikely, but they have already entered the bottom Range.
Hong Kong Market Quick Look | All three major Indexes fell, with northbound capital surging to a net purchase of 29.6 billion HKD, setting a new historical high! Mizuho rose nearly 11% to reach a new high again.
Network Technology stocks weakened, MEITUAN-W fell by 4.69%, JD-SW dropped by 4.59%; Mobile Game stocks generally declined, IDREAMSKY fell by 10.08%, KINGSOFT dropped by 4.40%; Biotechnology stocks fell broadly, EVEREST MED-B decreased by 11.06%, BEIGENE fell by 5.85%.
Lithium battery stocks are generally under pressure. TSAKER NE (01986) fell by 4.11%. There is still room for a decline in the spot price of lithium carbonate.
Jinwu Financial News | Lithium Battery stocks are generally under pressure, TSAKER NE (01986) dropped 4.11%, BYD Company (01211) fell 2.993%, Zhongchuang Innovation (03931) decreased by 2.77%, GANFENGLITHIUM (01772) dropped 2.34%, TIANNENG POWER (00819) fell 1.34%, and BYD Electronics (00285) followed with a decrease of 0.7%. According to SMM news, the price of battery-grade lithium carbonate index is 0.075 million yuan/ton, a decrease of 20 yuan/ton compared to the previous working day; battery-grade lithium carbonate ranges from 0.0741 to 0.076 million yuan/ton, with an average price of 0.075 million yuan/ton, consistent with the previous day.