The HSI slid 69 points or 0.4% to 18,410 at midday. The HSCEI dropped 27 points or 0.4% to 6,499. The HSTECH ebbed 24 points or 0.6% to 3,897. The total half-day turnover of the market amounted to $67.191 billion.

The sales volume of China's top 100 real estate companies fell 13% MoM in April. Chinese developers took the lead to decline. KWG GROUP (01813.HK)  +0.060 (+11.111%)   tumbled 9.9%, while LONGFOR GROUP (00960.HK)  +1.500 (+10.870%)    Short selling $570.46M; Ratio 36.648%   , SINO-OCEAN GP (03377.HK)  +0.060 (+10.526%)   and AGILE GROUP (03383.HK)  +0.180 (+24.324%)    Short selling $3.66M; Ratio 1.543%   plunged over 8%. SUNAC (01918.HK)  +0.380 (+25.850%)    Short selling $79.74M; Ratio 2.812%   and CIFI HOLD GP (00884.HK)  +0.050 (+10.204%)    Short selling $4.98M; Ratio 0.725%   descended 7.6% and 7%, while GREENTOWN CHINA (03900.HK)  +0.740 (+8.747%)    Short selling $75.18M; Ratio 17.013%   and YUEXIU PROPERTY (00123.HK)  +0.610 (+10.517%)    Short selling $69.89M; Ratio 11.826%   receded over 5%. CHINA VANKE (02202.HK)  +1.110 (+19.372%)    Short selling $441.12M; Ratio 14.435%   faded 4.8%, while property managers CG SERVICES (06098.HK)  +0.610 (+9.823%)    Short selling $45.47M; Ratio 6.908%   and CHINA OVS PPT (02669.HK)  +0.300 (+5.217%)    Short selling $28.08M; Ratio 13.351%   cascaded 4% and 5.2%.

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Hong Kong and Chinese consumers retreated. BUD APAC (01876.HK)  +0.280 (+2.478%)    Short selling $30.91M; Ratio 20.995%   's 1Q24 net profit decreased over 3%, and its share price cratered 4.4%. TONGCHENGTRAVEL (00780.HK)  0.000 (0.000%)    Short selling $14.40M; Ratio 7.164%   , MAOYAN ENT (01896.HK)  -0.050 (-0.534%)    Short selling $2.86M; Ratio 6.659%   and CTG DUTY-FREE (01880.HK)  +3.800 (+5.367%)    Short selling $31.60M; Ratio 15.940%   shed 3.9-4.5%, while MENGNIU DAIRY (02319.HK)  -0.020 (-0.119%)    Short selling $80.50M; Ratio 12.349%   and VITASOY INT'L (00345.HK)  +0.240 (+3.834%)    Short selling $2.39M; Ratio 9.024%   also slipped over 3%.

For autos, LI AUTO-W (02015.HK)  -3.800 (-3.811%)    Short selling $255.61M; Ratio 15.537%   and XPENG-W (09868.HK)  +0.400 (+1.272%)    Short selling $96.95M; Ratio 14.731%   waned 4% and 4.1%, while BYD COMPANY (01211.HK)  +0.800 (+0.361%)    Short selling $173.65M; Ratio 16.237%   also slipped 1.2%, amid Chinese media reports saying that China supports Tesla (TSLA.US)      's driverless taxi testing. XIAOMI-W (01810.HK)  +0.120 (+0.605%)    Short selling $271.59M; Ratio 12.954%   leaped 6.1% to $19.04 after its SU7 MAX is reported to deliver ahead of schedule.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-05-17 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)