Short-selling activity on the Hong Kong Stock Exchange on August 28 showed notable trends, with several stocks recording significant short-selling ratios, amounts, and deviation values. The data, compiled from exchange figures, provides a snapshot of market sentiment and positioning across various sectors.
In terms of short-selling ratio, Great Wall Motor-R (82333) led the market with a ratio of 100.00%, followed closely by Li Ning-R (82331) at 88.51% and China Resources Beer-R (80291) at 83.01%. Other stocks with high short-selling ratios included BYD Company-R (81211) at 80.51% and Kuaishou-WR (81024) at 77.78%.
Looking at the highest short-selling amounts, Alibaba-W (09988) topped the list with HK$1.447 billion in short sales, representing a ratio of 14.98%. Xiaomi Corporation-W (01810) followed with HK$1.348 billion shorted at a ratio of 33.34%, while MiniMax (N25366) recorded HK$887 million in short selling with a ratio of 21.43%. BYD Company (01211) and Tencent Holdings (00700) also featured prominently, with short-selling amounts of HK$705 million and HK$703 million respectively.
When examining deviation values, which measure the difference between a stock's current short-selling ratio and its 30-day average, China Nonferrous Mining (01258) showed the most significant deviation at 48.99%, with a short-selling ratio of 67.47% and total short sales of HK$579 million. China Lilang (01234) followed with a deviation of 43.00% and a short-selling ratio of 62.72%, while BYD Company-R (81211) recorded a deviation of 42.46% despite its relatively small short-selling amount of HK$518,300.
Other notable stocks in the deviation rankings included Kuaishou-WR (81024) with a deviation of 36.01%, MGM China (02282) at 31.69% with short sales of HK$31.48 million, and Xinjiang New Energy (00956) showing a deviation of 31.36%. Fenbi (02469), A-Living Services (03319), Baiyunshan Pharmaceutical (00874), and Tongcheng Travel (00780) also appeared in the top ten deviation rankings, with deviations ranging from 24.80% to 28.59%.
It should be noted that these figures were generated automatically through artificial intelligence algorithms based on data from the Hong Kong Stock Exchange, and while they provide valuable insights, they are not guaranteed to be 100% accurate. The deviation value represents the difference between a stock's current short-selling ratio and its average short-selling ratio over the past 30 trading days.