The HSI opened down 107 points or 0.4% at 25,454. The HSCEI slipped 40 points or 0.4% to 9,136. The HSTECH dipped 32 points or 0.6% to 5,631.In the tech sector, BABA-W (09988.HK) +1.200 (+1.037%) Short selling $662.20M; Ratio 7.482% , BIDU-SW (09888.HK) +0.900 (+1.064%) Short selling $187.60M; Ratio 24.670% , NTES-S (09999.HK) -3.000 (-1.468%) Short selling $191.14M; Ratio 18.969% , and BILIBILI-W (09626.HK) -5.300 (-2.953%) Short selling $189.58M; Ratio 16.248% fell 1-1.4% at open, while TENCENT (00700.HK) -15.000 (-2.727%) Short selling $1.95B; Ratio 16.927% , JD-SW (09618.HK) -0.200 (-0.163%) Short selling $256.67M; Ratio 14.094% , and KUAISHOU-W (01024.HK) -2.400 (-3.117%) Short selling $587.92M; Ratio 14.457% inched down 0.6-0.7%. MEITUAN-W (03690.HK) +0.600 (+0.493%) Short selling $1.89B; Ratio 27.601% edged 0.2% lower. SMIC (00981.HK) -1.050 (-2.055%) Short selling $241.57M; Ratio 7.234% remained flat at HKD53.1. XIAOMI-W (01810.HK) +0.250 (+0.470%) Short selling $1.00B; Ratio 14.947% lost 0.3%. It is said that the company's first AI glasses project was approved by Lei Jun himself, with an aim for an annual shipment of over five million units within three years. Telecom equipment stock ZTE (00763.HK) -0.550 (-2.209%) Short selling $48.58M; Ratio 14.032% issued convertible bonds at a 15.9% premium, which is expected to raise over RMB3.5 billion net. Its stock price dropped 2.9% to HKD25.35.Among car makers, GEELY AUTO (00175.HK) -0.020 (-0.113%) Short selling $165.95M; Ratio 19.328% and BYD COMPANY (01211.HK) +0.800 (+0.693%) Short selling $620.96M; Ratio 13.748% slid 0.6% and 0.7% at open. NIO-SW (09866.HK) +3.000 (+8.621%) Short selling $164.61M; Ratio 34.197% ebbed 2.7%. XPENG-W (09868.HK) -0.300 (-0.419%) Short selling $167.54M; Ratio 21.369% waned 0.3%, even though it had denied plans to streamline its product line and reduce production this year.WUXI APPTEC (02359.HK) -4.000 (-3.784%) Short selling $577.63M; Ratio 37.655% opened rallying 4.2% after reporting a 96% increase in its interim net profit, declaring a dividend of HKD3.5 per 10 shares, and raising its full-year revenue guidance.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-08-01 16:25.)