The HSI closed the morning session up 283 points or 1.1% at 25,413. The HSCEI jumped up 120 points or 1.3% to 9,195. The HSTECH gained 98 points or 1.8% to 5,705. Midday turnover reached HKD173.429 billion.

For techs, China approved 127 domestic and 7 imported online games in July, including titles from BIDU-SW (09888.HK)  +0.900 (+1.064%)    Short selling $187.60M; Ratio 24.670%   and NTES-S (09999.HK)  -3.000 (-1.468%)    Short selling $191.14M; Ratio 18.969%   , boosting their shares by 4.2% and 1.6%, respectively. BABA-W (09988.HK)  +1.200 (+1.037%)    Short selling $662.20M; Ratio 7.482%   rose 1.8% after launching Qwen3-Coder, its most advanced code-generation model.

TENCENT (00700.HK)  -15.000 (-2.727%)    Short selling $1.95B; Ratio 16.927%   climbed 3.8%, while KUAISHOU-W (01024.HK)  -2.400 (-3.117%)    Short selling $587.92M; Ratio 14.457%   surged 4.5%, making it the top-performing blue-chip stock. TRIP.COM-S (09961.HK)  -7.200 (-1.463%)    Short selling $187.92M; Ratio 17.169%   lifted 1.1%. SENSETIME-W (00020.HK)  -0.040 (-2.500%)    Short selling $70.12M; Ratio 10.542%   , reportedly planning to enter the embodied AI sector, added 1.3%.

The market regulator in Zhengzhou summoned food delivery platforms Ele.me (under Alibaba), MEITUAN-W (03690.HK)  +0.600 (+0.493%)    Short selling $1.89B; Ratio 27.601%   , and JD-SW (09618.HK)  -0.200 (-0.163%)    Short selling $256.67M; Ratio 14.094%   . MEITUAN-W and JD-SW leaped 2.6% and 2.5%, respectively.

Retail service providers that surged yesterday (22nd) saw pullbacks today. CEC INT'L HOLD (00759.HK)  -0.009 (-3.750%)   , parent of “759 Store”, plummeted 27.2%. IH RETAIL (01373.HK)  -0.020 (-2.326%)   , operator of “Japan Home Centre”, fell off 6.3%. AEON STORES (00984.HK)  -0.020 (-3.922%)   dived 8.2%, HK TECH VENTURE (01137.HK)  -0.030 (-1.840%)   slid 5.8%, and SA SA INT'L (00178.HK)  -0.010 (-1.613%)   cratered 4.5%.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-08-01 16:25.)