The HSI settled the midday down 31 points or 0.1% at 23,498. The HSCEI fell 9 points or 0.1% to 8,517. The HSTECH inched less than 1 point lower to 5,133. The total half-day turnover for the market amounted to HKD108.207 billion.

Among shipping stocks, PACIFIC BASIN (02343.HK)  -0.350 (-14.463%)    Short selling $55.74M; Ratio 20.676%   was hyped up 20.3%, while OOIL (00316.HK)  -2.100 (-1.524%)    Short selling $19.80M; Ratio 21.839%   , SITC (01308.HK)  -0.550 (-2.111%)    Short selling $3.82M; Ratio 17.503%   and COSCO SHIP ENGY (01138.HK)  -0.730 (-9.812%)    Short selling $121.53M; Ratio 24.075%   grew 2.4-2.7%.Export stocks TECHTRONIC IND (00669.HK)  +3.250 (+3.876%)    Short selling $38.04M; Ratio 19.505%   and SHENZHOU INTL (02313.HK)  +1.350 (+2.594%)    Short selling $13.38M; Ratio 22.822%   receded more than 2%.

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Amid reports saying that the US is planning to tighten semiconductor exports to China, SMIC (00981.HK)  +0.450 (+1.090%)    Short selling $289.97M; Ratio 12.293%   and HUA HONG SEMI (01347.HK)  -0.350 (-1.023%)    Short selling $96.07M; Ratio 10.935%   soared 4.9% and 7%, while chip equipment stock ASMPT (00522.HK)  +0.300 (+0.547%)    Short selling $10.73M; Ratio 33.167%   climbed 3.5%.

China's 618 shopping festival, which marked the longest in history, came to a conclusion with a YoY growth of 15.2% in total e-commerce sales. BABA-W (09988.HK)  +2.300 (+2.076%)    Short selling $444.50M; Ratio 10.699%   and JD-SW (09618.HK)  +1.700 (+1.362%)    Short selling $133.06M; Ratio 16.807%   dipped 1.4% and 1.6%. As for other tech stocks, TENCENT (00700.HK)  +4.000 (+0.794%)    Short selling $408.09M; Ratio 9.042%   lost 1.2% to HKD499.2. MEITUAN-W (03690.HK)  +1.100 (+0.837%)    Short selling $504.38M; Ratio 19.349%   , BIDU-SW (09888.HK)  +1.200 (+1.442%)    Short selling $64.66M; Ratio 19.707%   , NTES-S (09999.HK)  +5.600 (+2.742%)    Short selling $159.67M; Ratio 25.325%   and BILIBILI-W (09626.HK)  +2.800 (+1.787%)    Short selling $59.51M; Ratio 18.890%   edged down less than 1%. KUAISHOU-W (01024.HK)  +1.400 (+2.428%)    Short selling $206.86M; Ratio 23.696%   gained 1.3%.

The China Passenger Car Association forecasted the retail sales of new energy vehicles in China to surge 3.2% MoM this month, with the penetration rate picking up to 55%. Carmaker LI AUTO-W (02015.HK)  +5.100 (+4.740%)    Short selling $309.19M; Ratio 31.975%   mushroomed 4.2%. LEAPMOTOR (09863.HK)  +3.100 (+5.720%)    Short selling $12.03M; Ratio 3.059%   slid 2%. BYD COMPANY (01211.HK)  +4.400 (+3.489%)    Short selling $721.77M; Ratio 45.365%   slipped 0.9% to HKD124.7. XIAOMI-W (01810.HK)  +2.050 (+3.737%)    Short selling $817.42M; Ratio 9.559%   added 0.4%.

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Regarding retail stocks, POP MART (09992.HK)  +2.600 (+1.065%)    Short selling $255.74M; Ratio 10.446%   has established a film studio with an aim to launch an animated series. Its stock price ballooned 2.1%. MAO GEPING (01318.HK)  +2.200 (+2.048%)    Short selling $5.00M; Ratio 3.848%   and LAOPU GOLD (06181.HK)  -4.000 (-0.454%)    Short selling $48.23M; Ratio 8.755%   shot up 5.7% and 7.1%. MIXUE GROUP (02097.HK)  0.000 (0.000%)   hiked 2.5%. Movie stocks ALI PICTURES (01060.HK)  +0.050 (+5.747%)    Short selling $38.93M; Ratio 12.882%   and MAOYAN ENT (01896.HK)  +0.120 (+1.611%)    Short selling $467.73K; Ratio 2.900%   sank more than 3%. Semi-IPO HAITIAN FLAV (03288.HK)  +0.100 (+0.286%)   cratered 8% at midday.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-06-24 12:25.)