The HSI opened 79 points or 0.3% lower at 23,748. The HSCEI opened 20 points or 0.2% lower at 8,640. The HSTECH opened 5 points or 0.1% lower at 5,336.BIDU-SW (09888.HK) +0.450 (+0.544%) Short selling $262.62M; Ratio 30.780% 's ADR cascaded 4.3% as management guided for decline in advertising revenue in the next 2 quarters, and its share price shed 2.1% to $84.3. BILIBILI-W (09626.HK) +6.100 (+4.348%) Short selling $270.14M; Ratio 24.390% lost 1.1% to $144.4 after it issued US$600 million convertible senior notes with a purchase option to increase principal amount by up to US$90 million. For other techs, BABA-W (09988.HK) -0.300 (-0.252%) Short selling $811.92M; Ratio 10.254% , JD-SW (09618.HK) -0.600 (-0.453%) Short selling $103.35M; Ratio 11.603% and KUAISHOU-W (01024.HK) -0.100 (-0.205%) Short selling $479.15M; Ratio 34.828% slipped 1-1.3%, while TENCENT (00700.HK) +1.500 (+0.290%) Short selling $1.12B; Ratio 13.308% ebbed 0.1% to $520. MEITUAN-W (03690.HK) +0.900 (+0.662%) Short selling $1.39B; Ratio 27.109% and SMIC (00981.HK) +0.050 (+0.120%) Short selling $59.01M; Ratio 3.927% dropped 0.6%.XPENG-W (09868.HK) -3.200 (-3.900%) Short selling $690.76M; Ratio 29.473% rallied 9.7% to $85.1 after management reiterated profitability in 4Q25. Its ADR also spiked 13%. XIAOMI-W (01810.HK) -0.200 (-0.376%) Short selling $1.00B; Ratio 12.224% added 0.5% to $54.7 as the Company will unveil its first SUV model YU7, as well as the SoC chip Xring O1 and Xiaomi 15SPR mobile phone, etc.. CATL (03750.HK) -7.400 (-2.244%) Short selling $744.46M; Ratio 25.441% ticked up 1% to $340.8 as David Webb warned that the circulation of its H-shares are too low.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-23 16:25.)