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<H Shrs>HSI Closes Down 187 Pts as JD-SW Wanes 4%+; BABA-W Weakens Pre-results
The HSI ebbed 187 points or 0.8% to close at 23,453. The HSCEI slid 83 points or 1% to close at 8,509. The HSTECH shed 83 points or 1.6% to close at 5,297. Total market turnover fo...
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<H Shrs>HSI Closes Down 187 Pts as JD-SW Wanes 4%+; BABA-W Weakens Pre-results
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The HSI ebbed 187 points or 0.8% to close at 23,453. The HSCEI slid 83 points or 1% to close at 8,509. The HSTECH shed 83 points or 1.6% to close at 5,297. Total market turnover for the day amounted to $200.209 billion.

China’s State Administration for Market Regulation held a symposium with platform operators, encouraging tailored measures to support individual businesses. BABA-W (09988.HK)  -5.500 (-4.267%)    Short selling $1.36B; Ratio 7.556%   lost 1.2% to $128.9, while the company will announce its results for the last fiscal quarter later today.

TENCENT (00700.HK)  -7.500 (-1.455%)    Short selling $901.65M; Ratio 8.279%   's 1Q non-IFRS net profit rose 22%, in line with expectations, but its share price slipped 0.2% to close at $520 after opening 2% higher. Amid reports indicating that TENCENT has established an e-commerce product department to advance WeChat's transaction model, WEIMOB INC (02013.HK)  -0.170 (-8.333%)    Short selling $118.00M; Ratio 20.620%   spiked 19.3%, with a turnover of over $1.64 billion.

For other techs, NTES-S (09999.HK)  +21.900 (+13.028%)    Short selling $496.88M; Ratio 12.594%   picked up 1.2%, while XIAOMI-W (01810.HK)  +0.850 (+1.695%)    Short selling $756.74M; Ratio 12.262%   and BIDU-SW (09888.HK)  -1.000 (-1.117%)    Short selling $157.26M; Ratio 24.239%   dropped 0.5% and 1.4%. KUAISHOU-W (01024.HK)  -1.100 (-2.117%)    Short selling $437.12M; Ratio 25.387%   , MEITUAN-W (03690.HK)  -4.000 (-2.954%)    Short selling $1.59B; Ratio 19.922%   and BILIBILI-W (09626.HK)  +5.300 (+3.799%)    Short selling $148.63M; Ratio 21.827%   faded 2.1-2.9%, while JD-SW (09618.HK)  -3.600 (-2.659%)    Short selling $199.78M; Ratio 7.301%   slumped 4.4%.

In addition, TME-SW (01698.HK)  -1.450 (-2.207%)    Short selling $17.33M; Ratio 23.553%   and XD INC (02400.HK)  +1.150 (+2.945%)    Short selling $11.09M; Ratio 7.255%   swelled 6.8% and 5.4%, while KINGSOFT CLOUD (03896.HK)  +0.130 (+1.873%)    Short selling $32.16M; Ratio 8.338%   , GDS-SW (09698.HK)  0.000 (0.000%)    Short selling $32.93M; Ratio 40.232%   and NETEASE MUSIC (09899.HK)  +13.400 (+7.053%)    Short selling $20.83M; Ratio 4.879%   shrank 3.2-4.3%. PA GOODDOCTOR (01833.HK)  -0.060 (-0.842%)    Short selling $11.04M; Ratio 18.284%   descended 5.7%, while SUNNY OPTICAL (02382.HK)  -0.400 (-0.604%)    Short selling $106.85M; Ratio 25.335%   , SMIC (00981.HK)  +0.450 (+1.091%)    Short selling $87.87M; Ratio 4.770%   and HUA HONG SEMI (01347.HK)  -0.400 (-1.320%)    Short selling $146.26M; Ratio 15.633%   also cascaded over 3%. LENOVO GROUP (00992.HK)  0.000 (0.000%)    Short selling $80.77M; Ratio 20.300%   eroded 2.7%.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-16 16:25.)

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