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<H Shrs>HSI Drops 284 Pts at Midday as ATMXJ & New Consumers Weaken; WUXI Series Elevate
The HSI slipped 284 points or 1.1% to close at 25,383 at midday. The HSCEI lost 116 points or nearly 1.3% to close at 9,140 at midday. The HSTECH faded 97 points or 1.7% to 5,645. ...
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<H Shrs>HSI Drops 284 Pts at Midday as ATMXJ & New Consumers Weaken; WUXI Series Elevate
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The HSI slipped 284 points or 1.1% to close at 25,383 at midday. The HSCEI lost 116 points or nearly 1.3% to close at 9,140 at midday. The HSTECH faded 97 points or 1.7% to 5,645. Hong Kong stocks' half-day turnover amounted to $151.008 billion.

The heavy-weighting “ATMXJ” (i.e. Alibaba, Tencent, Meituan, Xiaomi and JD) techs weakened, with TENCENT (00700.HK)  -15.000 (-2.727%)    Short selling $1.95B; Ratio 16.927%   sagging 1.6% at midday. XIAOMI-W (01810.HK)  +0.250 (+0.470%)    Short selling $1.00B; Ratio 14.947%   , BABA-W (09988.HK)  +1.200 (+1.037%)    Short selling $662.20M; Ratio 7.482%   , 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%   shed 2.2-2.5%, while KUAISHOU-W (01024.HK)  -2.400 (-3.117%)    Short selling $587.92M; Ratio 14.457%   cascaded 4.3% to $72.9, being the worst-performing blue chip. MEITUAN-W recently held a food delivery industry forum in Shanghai, where merchants expressed concerns about being forced into price wars.

WUXI BIO (02269.HK)  -0.850 (-2.640%)    Short selling $297.81M; Ratio 19.357%   , which previously issued a positive profit alert, closed at $31.25 at midday, leaping 4.7%, being the best-performing blue chip, with a turnover of $1.992 billion. Its same series WUXI APPTEC (02359.HK)  -4.000 (-3.784%)    Short selling $577.63M; Ratio 37.655%   climbed 2.1% to $98.5 at midday, with a turnover of $650 million. WUXI XDC (02268.HK)  -2.200 (-3.813%)    Short selling $15.38M; Ratio 2.946%   , which broke ceiling yesterday, closed at $56.05 at noon today, down 1.84%, with a turnover of $244 million.

New consumers softened, with MIXUE GROUP (02097.HK)  -7.000 (-1.489%)   waning 1.6% at midday. POP MART (09992.HK)  -2.800 (-1.138%)    Short selling $147.55M; Ratio 6.132%   waned 0.9%, while LAOPU GOLD (06181.HK)  -18.500 (-2.611%)    Short selling $36.36M; Ratio 2.264%   stumbled 2.9%.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-08-01 16:25.)

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