The HSI opened down 129 points or 0.5% at 24,345. The HSCEI dipped 48 points or 0.6% to 8,810. The HSTECH slipped 27 points or 0.5% to 5,331.ZA ONLINE (06060.HK) -0.380 (-2.041%) Short selling $99.24M; Ratio 10.078% placed shares at an 8.5% discount to raise a net HKD3.9 billion. Its stock price sank 4.3% to HKD19.08 at open. Likewise, INNOVENT BIO (01801.HK) -2.300 (-2.926%) Short selling $269.08M; Ratio 21.079% 's share placement at a 4.9% discount to raise a net HKD4.27 billion plunged its stock price by 3.1% to HKD79.85. SF HOLDING (06936.HK) 0.000 (0.000%) Short selling $71.24M; Ratio 50.641% also slid 3% to HKD44.8 as it placed shares at an 8.8% discount and issued convertible bonds at a 4.9% premium.In the tech sector, TENCENT (00700.HK) -2.000 (-0.390%) Short selling $209.23M; Ratio 5.373% opened 0.1% lower at HKD512 with Tencent Games Cloud releasing a comprehensive solution for mini games. BABA-W (09988.HK) -0.100 (-0.089%) Short selling $505.62M; Ratio 11.711% eroded 2.2% to HKD113. MEITUAN-W (03690.HK) -0.800 (-0.615%) Short selling $175.82M; Ratio 6.456% and JD-SW (09618.HK) +0.300 (+0.231%) Short selling $197.60M; Ratio 21.109% receded 1.3% and 1.4%. BIDU-SW (09888.HK) -1.900 (-2.216%) Short selling $53.64M; Ratio 20.849% , NTES-S (09999.HK) -2.800 (-1.332%) Short selling $131.97M; Ratio 22.700% , and KUAISHOU-W (01024.HK) +1.300 (+2.105%) Short selling $315.22M; Ratio 14.536% inched down 0.7-1%. SMIC (00981.HK) +0.650 (+1.461%) Short selling $117.59M; Ratio 4.927% and BILIBILI-W (09626.HK) +0.500 (+0.302%) Short selling $72.89M; Ratio 16.550% edged 1% and 1.2% higher. NEW ORIENTAL-S (09901.HK) -1.300 (-3.034%) Short selling $9.43M; Ratio 11.580% plummeted 4.2%.As for carmakers, XIAOMI-W (01810.HK) +2.750 (+4.833%) Short selling $2.14B; Ratio 10.298% opened up 0.9% at HKD57.15 as it is set to release the YU7. BYD COMPANY (01211.HK) -3.000 (-2.387%) Short selling $496.61M; Ratio 18.358% lost 0.7% to HKD129. LI AUTO-W (02015.HK) -2.200 (-1.954%) Short selling $151.35M; Ratio 14.503% and XPENG-W (09868.HK) -2.700 (-3.641%) Short selling $439.99M; Ratio 23.175% faded 1.1%.GUOTAI JUNAN I (01788.HK) -0.350 (-9.887%) Short selling $31.62M; Ratio 0.917% received approval from Hong Kong's Securities and Futures Commission to provide virtual asset trading services. After yesterday's surge of 1.98 times, its stock price opened rallying 14.9% this morning but then experienced violent volatility.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-06-27 12:25.)