The HSI opened 38 points or 0.2% lower at 24,864. The HSCEI dipped 19 points or 0.2% to 8,932. The HSTECH dropped 17 points or 0.3% to 5,503.In the tech sector, Alibaba's new text-to-image model Qwen-Image topped the global AI open-source community, still BABA-W (09988.HK) -2.900 (-2.433%) Short selling $1.09B; Ratio 15.398% opened down 0.3% at HKD115.6. TENCENT (00700.HK) -6.000 (-1.058%) Short selling $1.48B; Ratio 19.816% inched 0.2% higher at HKD560. MEITUAN-W (03690.HK) -1.200 (-0.984%) Short selling $844.27M; Ratio 31.835% edged down 0.1%. JD-SW (09618.HK) -1.800 (-1.443%) Short selling $88.62M; Ratio 8.520% and KUAISHOU-W (01024.HK) -0.850 (-1.062%) Short selling $256.84M; Ratio 12.996% added 0.2% and 0.3. SMIC (00981.HK) -4.340 (-8.189%) Short selling $880.53M; Ratio 8.106% grew 0.5%. NEW ORIENTAL-S (09901.HK) -0.340 (-0.944%) Short selling $44.19M; Ratio 29.661% swelled 1.6%. NTES-S (09999.HK) -2.200 (-1.064%) Short selling $110.46M; Ratio 14.751% and BILIBILI-W (09626.HK) -5.000 (-2.725%) Short selling $223.32M; Ratio 31.118% lost 0.6% and 0.8%. BIDU-SW (09888.HK) -1.050 (-1.211%) Short selling $169.14M; Ratio 42.259% eroded 1.2%.Among car makers, GEELY AUTO (00175.HK) 0.000 (0.000%) Short selling $111.83M; Ratio 20.823% and XIAOMI-W (01810.HK) -0.600 (-1.157%) Short selling $1.03B; Ratio 14.617% faded 0.1% and 0.3% at open. BYD COMPANY (01211.HK) -1.600 (-1.418%) Short selling $294.62M; Ratio 10.264% and NIO-SW (09866.HK) +1.080 (+2.975%) Short selling $36.95M; Ratio 24.746% receded 1% and 1.5%. LI AUTO-W (02015.HK) +0.050 (+0.052%) Short selling $389.70M; Ratio 24.265% slipped 1.9%. Its i8 model received over 30,000 pre-orders. XPENG-W (09868.HK) +2.400 (+3.119%) Short selling $267.94M; Ratio 16.539% ticked up 1%.As for financial stocks, HSBC HOLDINGS (00005.HK) -0.650 (-0.658%) Short selling $352.22M; Ratio 27.917% and HKEX (00388.HK) -4.200 (-0.973%) Short selling $199.53M; Ratio 18.838% opened inclining 0.2%, while AIA (01299.HK) -0.900 (-1.208%) Short selling $270.65M; Ratio 22.127% opened flat at HKD73.5.TECHTRONIC IND (00669.HK) -0.650 (-0.685%) Short selling $79.80M; Ratio 34.240% reported a 14.2% increase in its interim net profit and declared a dividend of HKD1.25 per share. Its stock price started the day up 0.1% at HKD94.55. In contrast, YUM CHINA (09987.HK) -0.200 (-0.056%) Short selling $51.20M; Ratio 19.237% sank 6.1% to HKD348 even though its interim net profit leaped 1.6% and a dividend of US24 cents per share was declared.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-08-08 16:25.)