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Unaffected by Middle East Conflict, HSI Jumps Up 100+ Pts After Midday; LAOPU GOLD Rallies 9%
The Middle East situation worsened as the US military made a air raid to Iranian nuclear facilities over last weekend, leading to a rise in oil prices and a softening US stock futu...
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Unaffected by Middle East Conflict, HSI Jumps Up 100+ Pts After Midday; LAOPU GOLD Rallies 9%
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The Middle East situation worsened as the US military made a air raid to Iranian nuclear facilities over last weekend, leading to a rise in oil prices and a softening US stock futures.

The HSI opened 194 points lower this morning (23rd), and once dropped 257 points to a low of 23,272 in the early session before its decline narrowed. The index closed down 31 points at midday, but jumped up as much as 157 points to a high of 23,687 after midday. It last printed at 23,641, up 110 points or nearly 0.5%, with a turnover of $152.288 billion.

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Three major 'popular stocks' prospered, with LAOPU GOLD (06181.HK)  +59.000 (+7.178%)    Short selling $91.30M; Ratio 8.643%   once rallying by 9.4% to a high of $899. The stock last escalated 7.79% to $886, with a turnover of $859 million. LAOPU GOLD will mark its 12-month listing anniversary this Friday (27th), after which 12 major shareholders will have about 143 million shares unlocked, accounting for over 80% of its total share capital.

Moreover, MIXUE GROUP (02097.HK)  +17.500 (+3.405%)   last printed at $532.5, leaping 3.6%, with a turnover of $231 million. POP MART (09992.HK)  +4.600 (+1.920%)    Short selling $417.74M; Ratio 6.292%   climbed 2.67% to last at $246, with a turnover of $5.438 billion.

It is rumored that the US plans to cancel the exemption for TSMC (TSM.US)      and others using US technology in China, with SMIC (00981.HK)  +1.800 (+4.557%)    Short selling $231.12M; Ratio 4.340%   and HUA HONG SEMI (01347.HK)  +1.450 (+4.427%)    Short selling $93.32M; Ratio 3.550%   each leaping over 4%.

Related NewsBOCI Lists Actively-Traded Stocks for CN-HK Southbound Link YTD (Table)
Hong Kong homebuilders and landlords boomed, with CK ASSET (01113.HK)  +1.000 (+3.035%)    Short selling $34.92M; Ratio 11.207%   and SHK PPT (00016.HK)  +3.500 (+4.120%)    Short selling $181.30M; Ratio 24.409%   mounting about 3%. Furthermore, LINK REIT (00823.HK)  +1.250 (+3.008%)    Short selling $104.67M; Ratio 20.350%   , HANG LUNG PPT (00101.HK)  +0.180 (+2.655%)    Short selling $7.64M; Ratio 11.469%   , HENDERSON LAND (00012.HK)  +0.450 (+1.664%)    Short selling $144.15M; Ratio 44.904%   and WHARF REIC (01997.HK)  +0.650 (+3.030%)    Short selling $19.74M; Ratio 21.781%   each gained by 1.8-2.4%, while NEW WORLD DEV (00017.HK)  +0.130 (+2.549%)    Short selling $3.40M; Ratio 7.236%   also lifted 1.4%.

LI AUTO-W (02015.HK)  +5.600 (+5.490%)    Short selling $737.27M; Ratio 36.840%   and ZHONGSHENG HLDG (00881.HK)  +0.580 (+4.907%)    Short selling $31.15M; Ratio 31.507%   elevated about 6% and 5%, ranking first and second in index constituent gains.

PACIFIC BASIN (02343.HK)  +0.400 (+19.802%)    Short selling $232.48M; Ratio 18.490%   once leapfrogged 24.8% to a high of $2.52 before its gain narrowed. It last printed at $2.28, soaring 12.87%, with trading volume surging to 403 million shares, involving $947 million.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-06-23 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

Related NewsBOCI Expects 2025 Southbound Net Inflow to Be RMB1.2T, Recommends BABA/ MEITUAN/ CHINA MOBILE/ TENCENT/ SMIC/ LI AUTO

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