The HSI concluded the day up 292 points or 1.3% at 23,530. The HSCEI rose 116 points or 1.4%, closing at 8,527. The HSTECH climbed 44 points or 0.8% to close at 5,133. The total market turnover for the day amounted to HKD222.423 billion.

Amid market expectations of China lowering the five-year LPR independently in 2H25, Chinese banks ICBC (01398.HK)  +0.170 (+2.819%)    Short selling $391.80M; Ratio 16.502%   and CCB (00939.HK)  +0.250 (+3.342%)    Short selling $1.05B; Ratio 22.899%   rallied 2.8% and 3.3%. Meanwhile, as investors expected a reduction in high-interest insurance products, Chinese insurer CHINA LIFE (02628.HK)  +0.840 (+4.735%)    Short selling $355.01M; Ratio 15.330%   was speculated up 4.7%, while PICC GROUP (01339.HK)  +0.190 (+3.436%)    Short selling $74.00M; Ratio 14.228%   , CHINA TAIPING (00966.HK)  +0.400 (+2.911%)    Short selling $20.32M; Ratio 13.214%   , PING AN (02318.HK)  +1.350 (+2.935%)    Short selling $803.34M; Ratio 28.437%   , and CPIC (02601.HK)  +0.700 (+2.800%)    Short selling $69.00M; Ratio 9.910%   also hiked 2.8-3.4%.

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Among other financial stocks, HSBC HOLDINGS (00005.HK)  +1.050 (+1.151%)    Short selling $160.64M; Ratio 14.809%   , HKEX (00388.HK)  +2.800 (+0.718%)    Short selling $365.33M; Ratio 14.308%   , and AIA (01299.HK)  +1.100 (+1.648%)    Short selling $290.82M; Ratio 19.641%   inched 0.7-1.6% higher. STANCHART (02888.HK)  +4.100 (+3.363%)    Short selling $23.70M; Ratio 21.140%   ballooned 3.4%.

In the tech sector, BABA-W (09988.HK)  +1.700 (+1.545%)    Short selling $3.21B; Ratio 26.960%   , TENCENT (00700.HK)  +7.500 (+1.506%)    Short selling $2.17B; Ratio 20.960%   , SMIC (00981.HK)  +0.650 (+1.673%)    Short selling $245.09M; Ratio 9.594%   , and BILIBILI-W (09626.HK)  +2.100 (+1.360%)    Short selling $93.62M; Ratio 16.329%   gained 1.4-1.7%. JD-SW (09618.HK)  +0.900 (+0.722%)    Short selling $683.61M; Ratio 30.043%   , NTES-S (09999.HK)  +0.800 (+0.394%)    Short selling $305.77M; Ratio 19.232%   , KUAISHOU-W (01024.HK)  +0.150 (+0.266%)    Short selling $236.62M; Ratio 19.267%   , and BIDU-SW (09888.HK)  +0.750 (+0.913%)    Short selling $144.12M; Ratio 17.482%   added less than 1%. NEW ORIENTAL-S (09901.HK)  +0.850 (+2.368%)    Short selling $49.93M; Ratio 26.296%   and PA GOODDOCTOR (01833.HK)  +0.200 (+2.639%)    Short selling $6.88M; Ratio 9.126%   advanced 2.4% and 2.6%. MEITUAN-W (03690.HK)  +0.300 (+0.234%)    Short selling $737.04M; Ratio 12.603%   edged up 0.2% as Meituan Instashopping saw over 100 million users placing orders during the 618 shopping festival, with transaction volumes doubling for over 60 categories of goods.

As for carmakers, GEELY AUTO (00175.HK)  +0.340 (+2.146%)    Short selling $206.07M; Ratio 19.295%   and NIO-SW (09866.HK)  +0.700 (+2.687%)    Short selling $66.30M; Ratio 46.471%   inclined 2.1% and 2.7%, while BYD COMPANY (01211.HK)  +1.300 (+1.044%)    Short selling $973.71M; Ratio 36.327%   and XIAOMI-W (01810.HK)  +1.000 (+1.885%)    Short selling $685.92M; Ratio 14.481%   escalated 1% and 1.9%. Battery stock CATL (03750.HK)  +1.400 (+0.469%)    Short selling $266.73M; Ratio 58.402%   edged up 0.1%.

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Regarding consumer stocks, VIVA GOODS (00933.HK)  +0.060 (+17.647%)    Short selling $1.99M; Ratio 21.947%   increased its stake in LI NING (02331.HK)  +0.720 (+4.800%)    Short selling $218.85M; Ratio 26.808%   with HKD275 million, lifting its stock price by 17.6% and LI NING's by 4.8%. POP MART (09992.HK)  -9.000 (-3.620%)    Short selling $1.44B; Ratio 14.727%   slipped 3.6%, and BLOKS (00325.HK)  -14.900 (-9.675%)    Short selling $108.74M; Ratio 21.387%   dived 9.7%, as an article published by People's Daily called for tightened regulation of blind cards and blind boxes.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-06-20 16:25.)