Hong Kong stocks opened lower this morning (31st) as markets across the Asia-Pacific region and U.S. stock futures headed south, in wake of heightened attention on potential U.S. tariff measures. The HSI slid 219 points, or 0.9%, to 23,207 at the opening bell. The HSCEI fell 77 points, or 0.9%, to 8,528. The HSTECH dropped 66 points, or 1.2%, to 5,439.

In the tech sector, BABA-W (09988.HK)  -0.500 (-0.419%)    Short selling $1.20B; Ratio 18.533%   , XIAOMI-W (01810.HK)  -0.700 (-1.293%)    Short selling $762.59M; Ratio 12.301%   , MEITUAN-W (03690.HK)  -4.000 (-2.695%)    Short selling $1.26B; Ratio 15.785%   and BIDU-SW (09888.HK)  -0.400 (-0.465%)    Short selling $139.01M; Ratio 22.559%   opened 1.8%-2.5% lower; TENCENT (00700.HK)  -4.500 (-0.869%)    Short selling $1.04B; Ratio 11.837%   , JD-SW (09618.HK)  -2.100 (-1.567%)    Short selling $233.51M; Ratio 15.740%   and KUAISHOU-W (01024.HK)  -0.900 (-1.442%)    Short selling $900.01M; Ratio 19.403%   dipped 0.9%-1.3%. BILIBILI-W (09626.HK)  +2.200 (+1.467%)    Short selling $67.99M; Ratio 8.096%   dived 3.8%.

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Among automakers, GEELY AUTO (00175.HK)  -0.040 (-0.228%)    Short selling $127.92M; Ratio 10.379%   , XPENG-W (09868.HK)  +0.850 (+1.082%)    Short selling $152.40M; Ratio 8.149%   and BYD COMPANY (01211.HK)  +4.845 (+3.705%)    Short selling $2.04B; Ratio 38.565%   opened down 0.4%-1%. NIO-SW (09866.HK)  +0.550 (+1.971%)    Short selling $67.28M; Ratio 20.852%   declined 2.5%. HORIZONROBOT-W (09660.HK)  +0.030 (+0.407%)    Short selling $87.11M; Ratio 7.629%   , which has cumulatively delivered over 7.7 million smart driving solutions, followed the broader market trend, opening 2.9% lower.

In banking sector, CCB (00939.HK)  +0.050 (+0.672%)    Short selling $270.61M; Ratio 9.767%   and ICBC (01398.HK)  +0.070 (+1.176%)    Short selling $112.21M; Ratio 5.968%   reported FY2024 profits in line with expectations. Meanwhile, BANK OF CHINA (03988.HK)  +0.030 (+0.649%)    Short selling $368.41M; Ratio 16.802%   , CCB, BANKCOMM (03328.HK)  +0.040 (+0.556%)    Short selling $40.20M; Ratio 13.026%   and PSBC (01658.HK)  +0.030 (+0.579%)    Short selling $73.10M; Ratio 26.396%   plan the issuance of additional A-shares to bolster capital. BANKCOMM edged up 0.1% at the open, while CCB and PSBC held steady at HKD6.7 and HKD4.97, respectively. ICBC and BANK OF CHINA opened lower by 0.5% and 1.1%, respectively.

Other financials also weakened, with HSBC HOLDINGS (00005.HK)  +0.050 (+0.053%)    Short selling $78.63M; Ratio 6.275%   down 1.3%, HKEX (00388.HK)  -1.000 (-0.241%)    Short selling $319.02M; Ratio 13.399%   off 0.5%, and AIA (01299.HK)  +0.750 (+1.088%)    Short selling $769.85M; Ratio 34.420%   slipping 0.2%.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-06-10 16:25.)

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