Hong Kong stocks opened lower in the morning session. The HSI opened 95 points or 0.4% lower at 23,505. The HSCEI opened 33 points or 0.4% lower at 8,550. The HSTECH opened 16 points or 0.3% lower at 5,229.For techs, China intended to regulate service charges by online trading platforms to operators. MEITUAN-W (03690.HK) +2.700 (+2.087%) Short selling $2.38B; Ratio 20.042% slid 0.5% to $136.2 as it will release its results within the day (26th). XIAOMI-W (01810.HK) +0.250 (+0.487%) Short selling $481.15M; Ratio 7.488% and KUAISHOU-W (01024.HK) +0.250 (+0.515%) Short selling $555.22M; Ratio 42.817% , which will announce their results tomorrow (27th), dropped 0.8% and 0.5% to $52.6 and $48.5, respectively. BABA-W (09988.HK) +1.100 (+0.941%) Short selling $366.09M; Ratio 5.917% ebbed 0.3% to $118.5, while TENCENT (00700.HK) +2.000 (+0.392%) Short selling $274.60M; Ratio 3.584% lost 0.6% to $515. JD-SW (09618.HK) -1.300 (-1.003%) Short selling $636.23M; Ratio 26.490% and NTES-S (09999.HK) +2.900 (+1.532%) Short selling $236.48M; Ratio 20.623% shed 0.8% and 2.1%, while BILIBILI-W (09626.HK) +0.100 (+0.067%) Short selling $126.40M; Ratio 23.147% picked up 1.1%.In addition, chip stocks SMIC (00981.HK) -0.300 (-0.712%) Short selling $58.36M; Ratio 4.265% and HUA HONG SEMI (01347.HK) -0.550 (-1.741%) Short selling $78.02M; Ratio 19.568% climbed 1.9% and 2.4%. US President Donald Trump threatened to impose a 25% tariff on non-US smartphone products. BYD ELECTRONIC (00285.HK) -0.100 (-0.308%) Short selling $54.27M; Ratio 17.080% and Q TECH (01478.HK) +0.030 (+0.438%) Short selling $979.31K; Ratio 9.930% waned 1.6%, while SUNNY OPTICAL (02382.HK) -0.200 (-0.327%) Short selling $58.03M; Ratio 14.269% faded 1%.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-27 16:25.)