Markets were on the sideline for Nvidia's upcoming quarterly earnings release and the U.S. PCE inflation data later this week. Hong Kong bourse followed softer global cues, with the HSI opening 115 points lower. It eventually closed at the day's low of 25,524, down 304 points, or 1.2%. The HSCEI dipped 99 points, or 1.1%, to 9,148, while the HSTECH subtracted 42 points, or 0.7%, to 5,782. Full-day market turnover reached HK$317.871 billion.

Mainland China approved 166 domestic online games in August, including titles from Alibaba, Bilibili, and NetEase. However, BABA-W (09988.HK)  -0.100 (-0.086%)    Short selling $1.95B; Ratio 15.131%   and BILIBILI-W (09626.HK)  +8.300 (+4.809%)    Short selling $343.31M; Ratio 21.034%   ebbed back 2.6% and 3.5%, respectively, while NTES-S (09999.HK)  0.000 (0.000%)    Short selling $263.78M; Ratio 26.184%   lost 0.9% and TENCENT (00700.HK)  +2.500 (+0.421%)    Short selling $1.64B; Ratio 15.069%   fell 0.8%. Among other techs, XIAOMI-W (01810.HK)  -0.250 (-0.471%)    Short selling $710.42M; Ratio 10.779%   closed flat at HK$53.5, KUAISHOU-W (01024.HK)  -1.100 (-1.439%)    Short selling $871.16M; Ratio 26.700%   edged up 0.4%, and JD-SW (09618.HK)  +2.600 (+2.257%)    Short selling $456.68M; Ratio 19.640%   , MEITUAN-W (03690.HK)  +1.000 (+0.983%)    Short selling $3.02B; Ratio 26.133%   , and BIDU-SW (09888.HK)  +2.800 (+3.233%)    Short selling $308.11M; Ratio 27.859%   dropped 1.7-1.9%. SMIC (00981.HK)  -1.600 (-2.568%)    Short selling $687.82M; Ratio 8.167%   declined 2.8%. Furthermore, MEITU (01357.HK)  +0.220 (+1.897%)    Short selling $142.10M; Ratio 11.401%   shot up 7.9% after being added to the MSCI China Index effective after market close today. EAST BUY (01797.HK)  +0.860 (+3.287%)    Short selling $15.00M; Ratio 1.436%   fell off 11.2%, while PA GOODDOCTOR (01833.HK)  +1.040 (+5.301%)    Short selling $104.23M; Ratio 14.994%   soared 7%.

U.S. President Donald Trump dismissed Federal Reserve Governor Lisa Cook from her position, sparking a commodity price rally. CHINAGOLDINTL (02099.HK)  +8.700 (+8.640%)    Short selling $68.50M; Ratio 12.674%   and LINGBAO GOLD (03330.HK)  +1.900 (+15.460%)    Short selling $8.06M; Ratio 2.401%   surged 10.6% and 9.3%, respectively, while SD GOLD (01787.HK)  -0.140 (-0.475%)    Short selling $136.69M; Ratio 29.743%   and ZHAOJIN MINING (01818.HK)  +1.020 (+4.419%)    Short selling $68.30M; Ratio 13.316%   rallied 5.4% and 4.5%. MMG (01208.HK)  +0.160 (+3.200%)    Short selling $6.40M; Ratio 1.856%   spiked 3%. Oil services stock CHINA OILFIELD (02883.HK)  -0.100 (-1.393%)    Short selling $4.27M; Ratio 5.244%   advanced 3.4%.

Financials weakened, with HSBC HOLDINGS (00005.HK)  -0.850 (-0.845%)    Short selling $314.53M; Ratio 19.581%   , HKEX (00388.HK)  +1.200 (+0.267%)    Short selling $265.96M; Ratio 15.715%   , and AIA (01299.HK)  +0.900 (+1.241%)    Short selling $299.40M; Ratio 16.072%   sinking 1.3-1.6%. Brokers CICC (03908.HK)  -0.360 (-1.671%)    Short selling $40.43M; Ratio 4.062%   and CGS (06881.HK)  -0.300 (-2.616%)    Short selling $44.38M; Ratio 4.507%   faded over 3%. Chinese banks like BANK OF CHINA (03988.HK)  -0.060 (-1.389%)    Short selling $302.15M; Ratio 23.744%   , PSBC (01658.HK)  -0.040 (-0.734%)    Short selling $55.63M; Ratio 32.160%   , CCB (00939.HK)  -0.020 (-0.266%)    Short selling $442.39M; Ratio 22.009%   , and CM BANK (03968.HK)  +0.040 (+0.083%)    Short selling $197.30M; Ratio 31.838%   retreated more than 2%. Chinese property developers YUEXIU PROPERTY (00123.HK)  -0.030 (-0.604%)    Short selling $8.67M; Ratio 20.717%   cratered 3.7%, while GREENTOWN CHINA (03900.HK)  +0.210 (+2.199%)    Short selling $27.24M; Ratio 16.844%   and SEAZEN (01030.HK)  +0.060 (+2.479%)    Short selling $8.46M; Ratio 4.931%   slumped 6.3% and 5.3%. Utility GUANGDONG INV (00270.HK)  +0.020 (+0.274%)    Short selling $5.94M; Ratio 4.109%   jumped up 3% after reporting an 11% rise in interim net profit.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-08-29 16:25.)