HKEX (00388.HK) -10.000 (-2.342%) Short selling $354.78M; Ratio 8.476% will announce its 2Q25 results on 20 August 2025, Citi Research issued a research report saying. The broker forecasted 2Q25 net profit attributable to shareholders to be $4 billion, down 1% QoQ and up 28% YoY, largely in line with market consensus. Total revenue is expected to reach $6.8 billion, down 1% QoQ and up 26% YoY, primarily benefiting from the strong performance of the average daily turnover of Hong Kong stocks, which reached $238 billion, down 2% QoQ and up 95% YoY. Related NewsHSBC Research: HK Property Sector's Worst Cycle Over; Home Prices Expected to Hike 2%/ 3% in 2025/ 2026PDD Holdings (PDD.US) recently changed its auditor, suggesting that it may pursue a secondary listing in Hong Kong.Citi Research elevated its target price from $385 to $490, equivalent to a projected 2025 PE ratio of 39x, with rating kept at Buy, mainly due to strong Hong Kong equity trading performance and a robust IPO pipeline.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-08-01 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)