Top Wealth Group Holding Ltd Trading Halted Due to Volatility
Top Wealth Group Holding Ltd trading halted, volatility trading pause
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HKD1.4B Net Outflow from TENCENT in Southbound Trading
Southbound Trading Inflows: Meituan-W (03690.HK) saw significant net inflows of HKD545.9 million, while SMIC (00981.HK) and YOFC (06869.HK) also experienced positive inflows.
Southbound Trading Outflows: Tencent (00700.HK) faced the highest net outflow of HKD1.4 billion, alongside Pop Mart (09992.HK) and Zhaojin Mining (01818.HK), which also reported outflows.
Short Selling Activity: Notable short selling was observed across several stocks, with Tencent leading at $1.50 billion, followed by Pop Mart and YOFC, indicating a high level of market speculation.
Market Overview: Overall, Southbound Trading net outflow totaled HKD0, accounting for 40.90% of the total transaction amount of HKD95.72 billion, reflecting a cautious market sentiment.
Short Selling Activity Reaches $34.4B, Representing 17.1% of Eligible Securities Turnover at Market Close
Short Selling Turnover: The short selling turnover in the Hong Kong market reached $34.4 billion, accounting for 17.1% of the eligible securities turnover, slightly up from 16.7% on the previous trading day.
Top Shorted Stocks: The top five stocks with the highest short selling amounts include CSOP HS TECH, BABA-W, MEITUAN-W, TENCENT, and POP MART, with CSOP HS TECH leading at $2.09 billion and a short selling ratio of 47.3%.
Stock Performance: Among the top shorted stocks, CSOP HS TECH and BABA-W saw slight increases in their share prices, while MEITUAN-W and TENCENT experienced declines.
Market Data Delay: It is noted that the stock quotes for HK stocks are delayed by at least 15 minutes, and the short selling data is as of February 10, 2026.
HSI Rises by 155 Points Driven by Surge in AI and Pharmaceutical Stocks
Market Performance: The HSI rose by 155 points (0.6%) to close at 27,183, with a total market turnover of HKD234.04 billion. The HSCEI and HSTECH also saw gains, closing at 9,242 and 5,451 respectively.
Tech Stock Movements: Major tech stocks like TENCENT and MEITUAN-W experienced declines of 1.6% and 2.5%, while KUAISHOU-W, JD-SW, and BABA-W saw increases between 1.6% and 1.9%.
AI and Pharma Stocks Surge: AI stocks such as UNISOUND and INSILICO rose significantly, with KNOWLEDGE ATLAS jumping 14.8% after JPMorgan initiated coverage. Pharma stocks also performed well, with CSPC PHARMA and INNOVENT BIO gaining between 4.7% and 5.5%.
Chip Sector Performance: SMIC gained 1.7%, while HUA HONG SEMI dipped 1.2%. Other chip-related stocks like INNOSCIENCE and BIREN TECH saw notable increases, with INNOSCIENCE rising 6.9%.
<Daily Summary> HSI Ends at 27,183, Gaining 155 Points; HSTI Finishes at 5,451, Up 33 Points; CSPC PHARMA Surges Over 5%; ZTO EXPRESS-W, WH GROUP, BOC HONG KONG, WHARF REIC, and HANG LUNG PPT Reach New Peaks; Market Activity Increases
Market Performance: The Hang Seng Index (HSI) rose by 155 points (0.6%) to close at 27,183, while the Hang Seng Tech Index (HSTI) and the Hang Seng China Enterprises Index (HSCEI) also saw gains, with market turnover reaching $234.04 billion.
Active Heavyweights: Notable movements included Meituan down 2.5%, Alibaba up 1.6%, Tencent down 1.6%, and Xiaomi up 1.1%, with significant short selling activity across these stocks.
Top Gainers: CSPC Pharma, Innovent Bio, and Pop Mart were among the top gainers, with CSPC Pharma increasing by 5.5% and Pop Mart by 4.9%, while New Oriental saw a decline of 4.4%.
High Performers in HSMI & HSSI: China Literature surged by 15.4%, Vobile Group by 14.4%, and GeekPlus by 11%, indicating strong performance in smaller stocks within the market.
<JPM Research> Highlights Top LNY Consumption Choices (Table)
Stock Performance: Several stocks, including Tencent, Laopu Gold, and MGM China, experienced declines in their prices, with short selling ratios indicating significant market activity.
Investment Ratings: Most of the stocks listed, such as Tencent and Laopu Gold, are rated as "Overweight," suggesting a positive outlook from analysts despite recent price drops.
Short Selling Data: The short selling data reveals varying levels of market skepticism, with Laopu Gold showing the highest short selling ratio at 22.243%.
Market Updates: BOCI has raised the target price for Luk Fook Holdings to HKD 35.9, highlighting it as an industry top pick amidst the current market conditions.
HSI Gains 146 Points at Midday; AI and Pharmaceutical Stocks Surge; KNOWLEDGE ATLAS Jumps 21%
Market Performance: The HSI rose 146 points (0.5%) to 27,173, while the HSCEI and HSTECH also saw gains, with total market turnover reaching HKD133.823 billion.
Tech Stock Movements: Major tech stocks like TENCENT and MEITUAN fell, while others like KUAISHOU and JD-SW experienced gains, indicating mixed performance in the tech sector.
AI and Chip Sector Trends: AI stocks remained in demand, with significant gains for companies like KNOWLEDGE ATLAS and MINIMAX-WP, while chip stocks showed varied results, with SMIC edging up and HUA HONG SEMI dipping.
Pharmaceutical Sector Gains: Drug manufacturers like CSPC PHARMA and INNOVENT BIO saw notable increases in their stock prices, reflecting positive momentum in the pharmaceutical industry.
HKD1.4B Net Outflow from TENCENT in Southbound Trading
Southbound Trading Inflows: Meituan-W (03690.HK) saw significant net inflows of HKD545.9 million, while SMIC (00981.HK) and YOFC (06869.HK) also experienced positive inflows.
Southbound Trading Outflows: Tencent (00700.HK) faced the highest net outflow of HKD1.4 billion, alongside Pop Mart (09992.HK) and Zhaojin Mining (01818.HK), which also reported outflows.
Short Selling Activity: Notable short selling was observed across several stocks, with Tencent leading at $1.50 billion, followed by Pop Mart and YOFC, indicating a high level of market speculation.
Market Overview: Overall, Southbound Trading net outflow totaled HKD0, accounting for 40.90% of the total transaction amount of HKD95.72 billion, reflecting a cautious market sentiment.
Short Selling Activity Reaches $34.4B, Representing 17.1% of Eligible Securities Turnover at Market Close
Short Selling Turnover: The short selling turnover in the Hong Kong market reached $34.4 billion, accounting for 17.1% of the eligible securities turnover, slightly up from 16.7% on the previous trading day.
Top Shorted Stocks: The top five stocks with the highest short selling amounts include CSOP HS TECH, BABA-W, MEITUAN-W, TENCENT, and POP MART, with CSOP HS TECH leading at $2.09 billion and a short selling ratio of 47.3%.
Stock Performance: Among the top shorted stocks, CSOP HS TECH and BABA-W saw slight increases in their share prices, while MEITUAN-W and TENCENT experienced declines.
Market Data Delay: It is noted that the stock quotes for HK stocks are delayed by at least 15 minutes, and the short selling data is as of February 10, 2026.
HSI Rises by 155 Points Driven by Surge in AI and Pharmaceutical Stocks
Market Performance: The HSI rose by 155 points (0.6%) to close at 27,183, with a total market turnover of HKD234.04 billion. The HSCEI and HSTECH also saw gains, closing at 9,242 and 5,451 respectively.
Tech Stock Movements: Major tech stocks like TENCENT and MEITUAN-W experienced declines of 1.6% and 2.5%, while KUAISHOU-W, JD-SW, and BABA-W saw increases between 1.6% and 1.9%.
AI and Pharma Stocks Surge: AI stocks such as UNISOUND and INSILICO rose significantly, with KNOWLEDGE ATLAS jumping 14.8% after JPMorgan initiated coverage. Pharma stocks also performed well, with CSPC PHARMA and INNOVENT BIO gaining between 4.7% and 5.5%.
Chip Sector Performance: SMIC gained 1.7%, while HUA HONG SEMI dipped 1.2%. Other chip-related stocks like INNOSCIENCE and BIREN TECH saw notable increases, with INNOSCIENCE rising 6.9%.
<Daily Summary> HSI Ends at 27,183, Gaining 155 Points; HSTI Finishes at 5,451, Up 33 Points; CSPC PHARMA Surges Over 5%; ZTO EXPRESS-W, WH GROUP, BOC HONG KONG, WHARF REIC, and HANG LUNG PPT Reach New Peaks; Market Activity Increases
Market Performance: The Hang Seng Index (HSI) rose by 155 points (0.6%) to close at 27,183, while the Hang Seng Tech Index (HSTI) and the Hang Seng China Enterprises Index (HSCEI) also saw gains, with market turnover reaching $234.04 billion.
Active Heavyweights: Notable movements included Meituan down 2.5%, Alibaba up 1.6%, Tencent down 1.6%, and Xiaomi up 1.1%, with significant short selling activity across these stocks.
Top Gainers: CSPC Pharma, Innovent Bio, and Pop Mart were among the top gainers, with CSPC Pharma increasing by 5.5% and Pop Mart by 4.9%, while New Oriental saw a decline of 4.4%.
High Performers in HSMI & HSSI: China Literature surged by 15.4%, Vobile Group by 14.4%, and GeekPlus by 11%, indicating strong performance in smaller stocks within the market.
<JPM Research> Highlights Top LNY Consumption Choices (Table)
Stock Performance: Several stocks, including Tencent, Laopu Gold, and MGM China, experienced declines in their prices, with short selling ratios indicating significant market activity.
Investment Ratings: Most of the stocks listed, such as Tencent and Laopu Gold, are rated as "Overweight," suggesting a positive outlook from analysts despite recent price drops.
Short Selling Data: The short selling data reveals varying levels of market skepticism, with Laopu Gold showing the highest short selling ratio at 22.243%.
Market Updates: BOCI has raised the target price for Luk Fook Holdings to HKD 35.9, highlighting it as an industry top pick amidst the current market conditions.
HSI Gains 146 Points at Midday; AI and Pharmaceutical Stocks Surge; KNOWLEDGE ATLAS Jumps 21%
Market Performance: The HSI rose 146 points (0.5%) to 27,173, while the HSCEI and HSTECH also saw gains, with total market turnover reaching HKD133.823 billion.
Tech Stock Movements: Major tech stocks like TENCENT and MEITUAN fell, while others like KUAISHOU and JD-SW experienced gains, indicating mixed performance in the tech sector.
AI and Chip Sector Trends: AI stocks remained in demand, with significant gains for companies like KNOWLEDGE ATLAS and MINIMAX-WP, while chip stocks showed varied results, with SMIC edging up and HUA HONG SEMI dipping.
Pharmaceutical Sector Gains: Drug manufacturers like CSPC PHARMA and INNOVENT BIO saw notable increases in their stock prices, reflecting positive momentum in the pharmaceutical industry.
