Last Monday (12th), China and the US released the “Joint Statement on China-US Economic and Trade Meeting in Geneva”, with tariff cuts exceeding expectations, boosting sentiment and driving the overall rebound in the Hong Kong stock market, CICC released a research report saying.

However, as the favorable sentiment is gradually digested, the market returned to oscillations recently. The tariff cut had a significant moderating effect on market sentiment and fundamentals in the US and China, while market sentiment recovered rapidly.

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In terms of individual stocks, stocks with the largest shareholding increase are CCB (00939.HK)  +0.070 (+0.962%)    Short selling $120.09M; Ratio 7.983%   , BANK OF CHINA (03988.HK)  -0.010 (-0.219%)    Short selling $212.07M; Ratio 18.569%   , CM BANK (03968.HK)  +0.100 (+0.199%)    Short selling $110.42M; Ratio 25.035%   and others, stocks with the largest shareholding decrease are TENCENT (00700.HK)  +2.000 (+0.388%)    Short selling $526.10M; Ratio 9.604%   , XIAOMI-W (01810.HK)  +0.650 (+1.224%)    Short selling $353.66M; Ratio 8.783%   and SMIC (00981.HK)  +1.550 (+3.856%)    Short selling $95.80M; Ratio 6.311%   , etc..

CICC expected Hong Kong stocks to remain volatile in the short term, and may not even rule out retracement. The broker also suggested active intervention during downturn and moderate profit-taking during exuberance.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-06-09 12:25.)