The HSI concluded the midday up 69 points or 0.3% at 24,895. The HSCEI grew 12 points or 0.1% to 8,999. The HSTECH rose 17 points or 0.32% to 5,556. The total half-day turnover for the market reached HKD151.439 billion.

China's State Administration for Market Regulation has held talks with MEITUAN-W (03690.HK)  -2.300 (-1.758%)    Short selling $905.74M; Ratio 24.036%   , BABA-W (09988.HK)  -0.300 (-0.254%)    Short selling $449.20M; Ratio 10.931%   's Ele.me, and JD-SW (09618.HK)  -0.900 (-0.688%)    Short selling $100.29M; Ratio 18.067%   , urging them to regulate promotional activities and engage in rational competition. MEITUAN-W settled the midday up 2.7%, while BABA-W and JD-SW also gained 1.8-2.2%. TENCENT (00700.HK)  +2.500 (+0.479%)    Short selling $426.11M; Ratio 9.202%   inched down 0.3%.

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Aiming to further regulate the competitive order of the new energy vehicle (NEV) industry, China has urged NEV makers to maintain reasonable competition. Major car stocks ended the midday with varying performance. BYD COMPANY (01211.HK)  +3.300 (+2.584%)    Short selling $499.87M; Ratio 32.087%   inched up less than 0.1%. XIAOMI-W (01810.HK)  -0.050 (-0.087%)    Short selling $143.07M; Ratio 7.037%   added 0.2%. NIO-SW (09866.HK)  +1.450 (+4.179%)    Short selling $37.39M; Ratio 23.935%   and GAC GROUP (02238.HK)  +0.040 (+1.270%)    Short selling $5.37M; Ratio 7.852%   swelled 2.4-2.6%. XPENG-W (09868.HK)  -0.200 (-0.277%)    Short selling $76.81M; Ratio 21.470%   dipped 0.3%. LEAPMOTOR (09863.HK)  -1.050 (-1.749%)    Short selling $5.65M; Ratio 2.860%   and LI AUTO-W (02015.HK)  -2.500 (-2.034%)    Short selling $169.50M; Ratio 21.025%   fell 1.1-1.4%.

The hydropower project on the lower reaches of the Yarlung Tsangpo River commenced last Saturday (19th), on which Hong Kong-listed power equipment stocks made a big leap collectively. DONGFANG ELEC (01072.HK)  +0.650 (+2.637%)    Short selling $82.82M; Ratio 2.575%   ended the midday at HKD26.45, up 77.3%, with a turnover soaring to HKD6.986 billion. CH ENERGY ENG (03996.HK)  -0.010 (-0.625%)    Short selling $90.68M; Ratio 6.079%   , NE ELECTRIC (00042.HK)  -0.010 (-2.899%)   , and HARBIN ELECTRIC (01133.HK)  +0.500 (+6.361%)    Short selling $18.65M; Ratio 5.902%   saw their turnover surge around 22-30% at midday. SH ELECTRIC (02727.HK)  +0.020 (+0.613%)    Short selling $32.56M; Ratio 13.207%   ballooned 7.5%.

Cement stocks also joined the rally, with HUAXIN CEMENT (06655.HK)  -2.320 (-12.473%)    Short selling $51.86M; Ratio 2.060%   closing the midday at HKD17.1, up 70.7%, with a turnover rocketing to HKD2.166 billion. CR BLDG MAT TEC (01313.HK)  -0.020 (-0.939%)    Short selling $9.80M; Ratio 12.287%   advanced 10.1%. CNBM (03323.HK)  +0.030 (+0.611%)    Short selling $21.27M; Ratio 8.789%   , CONCH CEMENT (00914.HK)  +0.400 (+1.649%)    Short selling $224.21M; Ratio 31.274%   , and WESTCHINACEMENT (02233.HK)  +0.020 (+1.075%)    Short selling $16.35M; Ratio 9.501%   mushroomed 5.8-7.4%.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-07-22 12:25.)

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