The Cyberspace Administration of China (CAC) recently issued a notice, specifying work requirements from multiple dimensions such as blocking the dissemination of "box opening" information, improving the warning mechanism, increasing punishment efforts, optimizing protection measures, and strengthening publicity guidance.

It called on local cyberspace departments and website platforms to further fortify the rectification of "box opening" issues.

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In parallel, a special deployment meeting was held, requiring key website platforms such as WB-SW (09898.HK)  +0.200 (+0.272%)    Short selling $99.91K; Ratio 4.577%   , TENCENT (00700.HK)  +2.000 (+0.395%)    Short selling $644.70M; Ratio 15.002%   , Douyin, KUAISHOU-W (01024.HK)  +1.250 (+2.420%)    Short selling $421.56M; Ratio 23.935%   , BIDU-SW (09888.HK)  +0.650 (+0.787%)    Short selling $32.26M; Ratio 9.388%   , RedNote (Xiaohongshu), ZHIHU-W (02390.HK)  -0.230 (-2.255%)    Short selling $72.20K; Ratio 14.033%   , BILIBILI-W (09626.HK)  -0.500 (-0.330%)    Short selling $63.40M; Ratio 20.740%   , Douban, and others to implement various tasks according to the notice, effectively perform their main responsibilities, and resolutely combat the "box opening" phenomenon with a "zero tolerance" attitude.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-29 12:25.)