Market Performance: The HSI opened 1.6% higher at 26,982, with significant gains in the HSCEI and HSTECH, reflecting a positive trend in the Hong Kong stock market.

Tech Sector Highlights: Major tech stocks like TENCENT and JD-SW saw increases, while KUAISHOU-W experienced a decline; overall, tech stocks showed a mixed performance with varying short selling ratios.

Automotive and Commodity Stocks: BYD COMPANY and other automotive stocks like NIO-SW and XPENG-W reported gains, alongside a rebound in commodity prices benefiting gold and mining stocks.

Financial Sector Gains: Financial stocks, including HSBC HOLDINGS and HKEX, opened higher, indicating a positive sentiment in the financial market amidst broader market gains.

Market Overview: The HSI opened lower by 0.1% at 26,797, with the HSCEI and HSTECH also experiencing declines of 0.15% and 0.9%, respectively.

Resource Stocks Performance: Gold and silver stocks saw gains, with CHINAGOLDINTL up 2.8% and JIANGXI COPPER rising 3.0%, while ZIJIN MINING rallied by 2.1%.

Tech Stocks Decline: Major tech companies like TENCENT and BABA-W faced losses of 2.6% and 1.1%, respectively, with significant short selling activity noted across the sector.

Carmakers and Other Stocks: Carmakers BYD and LEAPMOTOR opened lower, while LI AUTO saw a slight increase of 2.2%. CKH HOLDINGS remained flat amid ongoing arbitration actions.

Market Performance: The HSI closed up 59 points (0.2%) at 26,834, while the HSCEI and HSTECH fell by 27 points (0.3%) and 59 points (1.1%) respectively, with a total market turnover of HKD335.152 billion.

Tech Sector Movements: Major tech stocks like TENCENT, BIDU-SW, and BABA-W experienced declines, with TENCENT dropping 2.9% and BIDU-SW falling 3.6%, while NTES-S saw a slight increase of 0.3%.

Commodity and Bank Stocks: Commodity prices rose, benefiting stocks like ZIJIN GOLD INTL, which surged 7.8%, and bank stocks also performed well, with HSBC HOLDINGS increasing by 3.1%.

Short Selling Trends: Significant short selling activity was noted across various sectors, with TENCENT and BIDU-SW having high short selling ratios of 10.084% and 36.085% respectively, indicating bearish sentiment among investors.

Market Opening Performance: The HSI opened 220 points higher at 26,995, with the HSCEI and HSTECH also showing gains of 0.6% and 0.7%, respectively.

Commodity and Mining Stocks: Mining stocks like CHINAGOLDINTL and ZIJIN MINING saw significant increases, with short selling ratios indicating active trading, while other commodities also trended upward.

Financial Sector Highlights: HSBC HOLDINGS rose 3% following positive forecasts from BNP Paribas, while AIA and HKEX experienced modest gains, reflecting a stable financial market.

Tech and Automotive Stocks: Mixed performance in tech stocks, with TENCENT declining slightly, while NTES-S and NEW ORIENTAL-S saw notable increases; automotive stocks like BYD and NIO faced declines amid high short selling ratios.

Gold and Silver Prices Decline: Gold prices fell significantly, with spot gold dropping to USD4,532.29, down 7.24%, while silver also decreased to USD75.97, down 11.1%, as institutional investors expressed caution about the short-term trends in precious metals.

Futures Market Movement: Gold futures for February delivery decreased by 3.6% to USD4,545, and silver futures for March delivery fell by 1.9% to USD77.03, indicating a continued downward trend in the market.

Impact on Hong Kong-listed Gold Miners: Hong Kong-listed gold mining companies experienced substantial losses, with ZIJIN MINING down 7.02%, ZIJIN GOLD INTL down 8.33%, and SD GOLD down 12.29%, reflecting the broader decline in precious metal prices.

Short Selling Activity: There was notable short selling activity among gold mining stocks, with significant amounts reported for various companies, indicating a bearish sentiment among investors in the sector.