U.S. markets saw the Nasdaq and S&P 500 ascend, fueled by gains in Nvidia and Tesla, while the DJIA lost 89 points or 0.2%. In Hong Kong, the HSI opened 3 points higher at 23,644; the HSCEI dipped 13 points or 0.2% to 8,579; and the HSTECH sank 7 points or 0.1% to 5,374.China’s State Administration for Market Regulation held a symposium with platform operators, encouraging tailored measures to support individual businesses. BABA-W (09988.HK) -5.300 (-4.112%) Short selling $846.92M; Ratio 7.148% opened 0.8% higher at HKD131.4. TENCENT (00700.HK) -7.000 (-1.358%) Short selling $498.74M; Ratio 8.396% , reporting a 22% YoY rise in 1Q25 non-IFRS net profit in line with expectations, opened 2% up at HKD531.5.Other techs displayed mixed performance: MEITUAN-W (03690.HK) -4.100 (-3.028%) Short selling $559.14M; Ratio 15.973% , KUAISHOU-W (01024.HK) -1.250 (-2.406%) Short selling $200.88M; Ratio 20.567% , and BILIBILI-W (09626.HK) +5.400 (+3.871%) Short selling $75.02M; Ratio 24.711% opened 0.4%-1% lower. XIAOMI-W (01810.HK) +0.750 (+1.496%) Short selling $510.79M; Ratio 14.852% was flat at HKD50.4. BIDU-SW (09888.HK) -1.400 (-1.564%) Short selling $56.33M; Ratio 21.198% was unchanged at HKD90.8. JD-SW (09618.HK) -3.600 (-2.659%) Short selling $78.18M; Ratio 6.771% slid 2.4%, and NTES-S (09999.HK) +21.000 (+12.493%) Short selling $297.37M; Ratio 12.372% leaped 2.2%. TME-SW (01698.HK) -1.450 (-2.207%) Short selling $6.20M; Ratio 19.634% surged 6.2%. In chips, SMIC (00981.HK) +0.450 (+1.091%) Short selling $50.87M; Ratio 5.210% gained 0.6%. Among automakers, BYD COMPANY (01211.HK) +11.800 (+2.807%) Short selling $394.15M; Ratio 14.065% was flat at HKD414.4, while LI AUTO-W (02015.HK) +1.800 (+1.617%) Short selling $104.48M; Ratio 19.129% and XPENG-W (09868.HK) -2.050 (-2.534%) Short selling $231.41M; Ratio 30.727% sagged 1.8% and 1%, respectively.As to financials, HSBC HOLDINGS (00005.HK) +0.150 (+0.166%) Short selling $49.42M; Ratio 7.926% opened 1.4% lower at HKD89.5. HKEX (00388.HK) +1.400 (+0.371%) Short selling $170.33M; Ratio 18.192% was flat at HKD381. AIA (01299.HK) +0.100 (+0.152%) Short selling $226.62M; Ratio 21.821% spiked 4% to HKD67.9.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-16 12:25.)