The HSI settled at 25,388, down 278 points or 1.1%. The HSCEI closed at 9,150, down 107 points or nearly 1.2%. The HSTECH dipped 65 points or 1.1% to 5,677. Total market turnover was HKD281.77 billion. For the week, the HSI amassed gains of 562 points or nearly 2.3%.The “ATMXJ” tech heavyweights (Alibaba, Tencent, Meituan, Xiaomi, and JD.com) were meager. TENCENT (00700.HK) -6.500 (-1.167%) Short selling $1.21B; Ratio 11.060% fell 1.2%. XIAOMI-W (01810.HK) -1.050 (-1.796%) Short selling $1.15B; Ratio 17.283% , BABA-W (09988.HK) -2.300 (-1.912%) Short selling $712.57M; Ratio 9.500% , and JD-SW (09618.HK) -2.800 (-2.101%) Short selling $421.59M; Ratio 28.741% dropped 1.8-2.1%. MEITUAN-W (03690.HK) -4.300 (-3.199%) Short selling $1.26B; Ratio 18.952% slid 3.2%. KUAISHOU-W (01024.HK) -3.700 (-4.856%) Short selling $733.66M; Ratio 14.814% was the worst-performing blue-chip, diving 4.9% to HKD72.5. Meituan recently held a food delivery industry meeting in Shanghai, where merchants expressed concerns about being forced into a price war.Key automakers jumbled. BYD COMPANY (01211.HK) -2.500 (-1.893%) Short selling $1.32B; Ratio 38.992% and LI AUTO-W (02015.HK) -1.900 (-1.599%) Short selling $385.59M; Ratio 21.747% shed 1.6-1.9%. GAC GROUP (02238.HK) -0.030 (-0.923%) Short selling $6.14M; Ratio 10.495% and XPENG-W (09868.HK) -0.600 (-0.791%) Short selling $133.56M; Ratio 16.948% sank 0.8-0.9%. LEAPMOTOR (09863.HK) +1.000 (+1.621%) Short selling $16.60M; Ratio 5.972% and GEELY AUTO (00175.HK) +0.320 (+1.672%) Short selling $209.37M; Ratio 13.717% lifted 1.6-1.7%. GWMOTOR (02333.HK) +0.040 (+0.289%) Short selling $51.35M; Ratio 14.945% inched up 0.3%. Auto dealer ZHONGSHENG HLDG (00881.HK) -0.200 (-1.383%) Short selling $84.19M; Ratio 48.454% , which surged in recent days, closed down 1.4%.CKH HOLDINGS (00001.HK) +1.150 (+2.199%) Short selling $174.31M; Ratio 22.318% , which closed up 2.2%, is in exclusive negotiations to sell its port business, with a deadline set for Sunday (27th), Reuters, citing sources, reported. However, the deadline may be extended, and ongoing political complexities make it unlikely for the deal to conclude in the near term.The Airport Authority Hong Kong is in talks with NEW WORLD DEV (00017.HK) -0.110 (-1.806%) Short selling $11.97M; Ratio 20.257% , which closed down 1.8%, as it considers finding a new partner to take over and complete the “11 Skies” project, the South China Morning Post, citing sources, reported. The relevant financial terms are still under negotiation.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-07-25 16:25.)