Hong Kong’s stock market slumped in the morning session after China’s July data of consumption, added value of industries, and urban fixed asset investment missed expectations. The HSI opened 197 points lower, with losses widening to a peak decline of 351 points to 25,167, and closed the morning session down 304 points or 1.2% at 25,215. The HSCEI dipped 115 points or 1.3% to 9,013. The HSTECH dropped 60 points or 1.1% to 5,515. Market turnover reached HKD154.369 billion.JD-SW (09618.HK) +3.200 (+2.649%) Short selling $202.28M; Ratio 7.569% fell off 3.8% after its 2Q25 new business losses exceeded market expectations. Brokers cited JD’s management indicating that 3Q25 new business investment will be similar to 2Q25. BABA-W (09988.HK) +0.500 (+0.423%) Short selling $1.13B; Ratio 12.487% and MEITUAN-W (03690.HK) -0.200 (-0.164%) Short selling $1.13B; Ratio 23.445% slid 2.6% and 3.8%, respectively. JD LOGISTICS (02618.HK) 0.000 (0.000%) Short selling $53.91M; Ratio 17.260% reported a 14% YoY hike in 1H25 net profit but saw its stock slide 6.7%. NTES-S (09999.HK) +4.000 (+1.998%) Short selling $215.69M; Ratio 19.612% lost 1.4% as its 2Q25 gaming revenue slightly missed market expectations. NETEASE MUSIC (09899.HK) -4.600 (-1.643%) Short selling $45.13M; Ratio 11.103% surged 3% after reporting a 1.21-fold YoY upswing in adjusted net profit for 1H25. TENCENT (00700.HK) -5.000 (-0.845%) Short selling $1.60B; Ratio 15.364% and BILIBILI-W (09626.HK) +4.100 (+2.138%) Short selling $294.34M; Ratio 21.909% inched up 0.8% and 1%. SMIC (00981.HK) -0.950 (-1.801%) Short selling $265.19M; Ratio 6.254% , BIDU-SW (09888.HK) +0.850 (+0.976%) Short selling $163.77M; Ratio 20.513% , and KUAISHOU-W (01024.HK) -1.100 (-1.471%) Short selling $398.49M; Ratio 15.333% sank 0.9-1.6%. SUNNY OPTICAL (02382.HK) -1.900 (-2.458%) Short selling $267.89M; Ratio 18.254% and HORIZONROBOT-W (09660.HK) -0.100 (-1.359%) Short selling $210.75M; Ratio 17.504% dived 3.1% and 4.5%, respectively.For autos, GEELY AUTO (00175.HK) +0.570 (+2.963%) Short selling $663.02M; Ratio 25.831% and XIAOMI-W (01810.HK) +0.200 (+0.378%) Short selling $1.26B; Ratio 20.300% faded 2.1% and 1.7%. BYD COMPANY (01211.HK) +0.900 (+0.798%) Short selling $680.41M; Ratio 21.191% fell 1.3%. GWMOTOR (02333.HK) +1.610 (+10.209%) Short selling $167.88M; Ratio 11.561% bucked the trend, rising 2.8%.The HKMA and SFC issued a statement emphasizing high thresholds for stablecoin issuer license applications, calling for public caution. GUOTAI JUNAN I (01788.HK) -0.130 (-2.399%) Short selling $6.18M; Ratio 0.584% rose 1.7%. ZA ONLINE (06060.HK) +0.600 (+3.150%) Short selling $66.85M; Ratio 7.059% rallied 3.1%. But BRIGHT SMART (01428.HK) -0.740 (-5.781%) Short selling $32.81M; Ratio 7.331% tumbled 11.3%.As Mainland bourse advanced, broker stocks were cheered up. CSC (06066.HK) +0.180 (+1.187%) Short selling $52.56M; Ratio 8.161% and CICC (03908.HK) +0.560 (+2.437%) Short selling $189.92M; Ratio 11.608% swelled 6.4% and 5.6%. CITIC SEC (06030.HK) +0.980 (+3.119%) Short selling $295.85M; Ratio 22.488% and CGS (06881.HK) +0.290 (+2.326%) Short selling $179.97M; Ratio 13.821% jumped up 4.5% and 3.9%, respectively. Chinese banks ABC (01288.HK) -0.040 (-0.739%) Short selling $199.66M; Ratio 25.562% , CM BANK (03968.HK) -0.280 (-0.573%) Short selling $146.25M; Ratio 20.728% , ICBC (01398.HK) -0.080 (-1.342%) Short selling $374.18M; Ratio 19.007% , and CCB (00939.HK) -0.090 (-1.154%) Short selling $529.27M; Ratio 28.159% slipped over 2%. For other financial, HSBC HOLDINGS (00005.HK) -1.850 (-1.844%) Short selling $342.59M; Ratio 20.350% and HKEX (00388.HK) +0.200 (+0.046%) Short selling $318.66M; Ratio 15.936% dipped 0.4% and 1%, while AIA (01299.HK) -0.350 (-0.467%) Short selling $446.57M; Ratio 22.188% plunged 3%.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-08-18 16:25.)