The HSI settled the midday down 232 points or 1% at 23,989. The HSCEI fell 108 points or 1.2% to 8,616. The HSTECH dropped 63 points or 1.2% to 5,205. The total market turnover for the half-day amounted to HKD130.584 billion.XIAOMI-W (01810.HK) -0.600 (-1.033%) Short selling $709.06M; Ratio 9.357% stated its auto unit will focus on domestic deliveries before considering exports in 2027, sending its stock price tumbling 4.4% to HKD57.5. XPENG-W (09868.HK) -4.850 (-6.558%) Short selling $1.50B; Ratio 35.145% rose 1%. It delivered 34,600 vehicles last month, marking a 2.24-fold increase. LEAPMOTOR (09863.HK) -0.950 (-1.645%) Short selling $27.97M; Ratio 6.397% and GWMOTOR (02333.HK) +0.320 (+2.508%) Short selling $51.20M; Ratio 10.174% ballooned 3.5% and 2.1%, respectively. BYD COMPANY (01211.HK) -1.500 (-1.220%) Short selling $1.16B; Ratio 47.087% inched up 0.7% to HKD123.1. Battery stock CATL (03750.HK) +13.400 (+3.900%) Short selling $393.90M; Ratio 19.560% added 1.9%. Lithium stock GANFENGLITHIUM (01772.HK) -0.300 (-1.200%) Short selling $24.26M; Ratio 11.035% mushroomed 5.9%.In the tech sector, South Africa's Naspers, bearish on MEITUAN-W (03690.HK) -2.000 (-1.629%) Short selling $724.97M; Ratio 9.654% 's international expansion, is considering reducing its stake in the company. MEITUAN-W slipped 2.5%. BABA-W (09988.HK) -1.100 (-1.036%) Short selling $1.26B; Ratio 11.309% eroded 3.6% to HKD105.5. TENCENT (00700.HK) -4.200 (-0.838%) Short selling $256.89M; Ratio 3.528% and SMIC (00981.HK) +0.700 (+1.617%) Short selling $109.76M; Ratio 2.036% edged down 0.5% and 0.2%, respectively. KUAISHOU-W (01024.HK) +0.800 (+1.309%) Short selling $471.19M; Ratio 20.463% , JD-SW (09618.HK) -1.100 (-0.878%) Short selling $228.58M; Ratio 10.465% , and BILIBILI-W (09626.HK) +8.700 (+5.311%) Short selling $203.21M; Ratio 15.105% slid 1.4-1.8%.In addition, XD INC (02400.HK) +1.450 (+2.996%) Short selling $10.25M; Ratio 4.220% , ALI HEALTH (00241.HK) -0.300 (-6.637%) Short selling $467.26M; Ratio 21.575% , and NEW ORIENTAL-S (09901.HK) -0.200 (-0.493%) Short selling $21.45M; Ratio 21.924% cratered 3.4-3.8%, KINGSOFT (03888.HK) +0.400 (+1.173%) Short selling $99.95M; Ratio 13.266% dived 7.6%. GDS-SW (09698.HK) +1.850 (+6.086%) Short selling $73.67M; Ratio 18.322% spiked 6.4%.Among pharmas, AKESO (09926.HK) +10.000 (+9.425%) Short selling $212.52M; Ratio 6.063% has completed enrollment of the first participant in a Phase Ia clinical trial of its first-in-class bispecific antibody ADC drug for the treatment of advanced solid tumors, lifting its stock price by 11.3%. INNOVENT BIO (01801.HK) +1.600 (+1.891%) Short selling $358.18M; Ratio 19.240% had its target price raised by Citi and CICC. Its stock price soared 6.5%. REMEGEN (09995.HK) +8.850 (+15.013%) Short selling $39.58M; Ratio 2.432% also leaped 5.1%, BEIGENE (06160.HK) -0.800 (-0.536%) Short selling $42.56M; Ratio 6.972% and INNOCARE (09969.HK) +0.420 (+3.158%) Short selling $26.75M; Ratio 14.286% shot up over 3%. SINO BIOPHARM (01177.HK) +0.150 (+2.752%) Short selling $167.51M; Ratio 25.494% gained 2.6%.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-07-04 16:25.)