Hong Kong EV makers developed individually. LEAPMOTOR (09863.HK) -5.100 (-8.127%) Short selling $47.55M; Ratio 6.724% rose for 4 consecutive days, and peaked at $26 this morning. The stock last printed at $25.4, up 5%. WULING MOTORS (00305.HK) -0.005 (-1.149%) reversed its loss in 3 consecutive days, and peaked at $0.48. It last printed at $0.455, up 4.6%. Blue chip LI AUTO-W (02015.HK) -5.500 (-4.846%) Short selling $505.84M; Ratio 29.694% hit a nearly-2-month high of $142.6 this morning, and last added 0.3% to $139.5.On the other hand, JPMorgan downgraded NIO Inc. (NIO.US) from Neutral to Underweight, and trimmed its target price from US$8.5 to US$5, as the lack of new models may slow down sales amid competitors' new model launch. The news dragged down NIO Inc. by 7.7% to close at US$5.4 on last Friday (23rd). NIO-SW (09866.HK) -0.600 (-1.997%) Short selling $51.91M; Ratio 26.164% 's H-shares fell for 3 consecutive days to a low of $42.25, and last printed at $43.85, down 4.4%. XPENG-W (09868.HK) -2.800 (-3.551%) Short selling $690.76M; Ratio 29.473% slid 0.7% to $35.05.Related NewsCICC Lists HSTECH Constituent Adjustments/ Weighting Changes/ Passive Capital Change Forecasts (Table)ICEs prospered broadly. GWMOTOR (02333.HK) -0.680 (-5.363%) Short selling $86.25M; Ratio 18.057% , GEELY AUTO (00175.HK) -1.480 (-7.291%) Short selling $377.51M; Ratio 22.241% , GAC GROUP (02238.HK) -0.040 (-1.408%) Short selling $4.59M; Ratio 8.943% , DONGFENG GROUP (00489.HK) -0.320 (-7.033%) Short selling $8.40M; Ratio 3.454% and BAIC MOTOR (01958.HK) -0.040 (-1.970%) Short selling $1.04M; Ratio 4.560% gained over 2% to 4%. The latter two inclined the most, and printed at $3.42/ $2.37, both up over 4%.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-23 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)