US stock futures descended during the Asian session, as the market kept tabs on NPLs from US banks. Correspondingly, Hong Kong stocks declined. The HSI started 36 points lower, and with expanded decline, it slid 743 points at one point to a low of 25,145. It concluded down 641 points or 2.5% at 25,247. The HSCEI fell off 247 points or 2.7%, closing at 9,011. The HSTECH shed 243 points or 4.1%, closing at 5,760. The total turnover for the market was HKD314.624 billion.In the tech sector, TENCENT (00700.HK) +3.000 (+0.478%) Short selling $1.71B; Ratio 18.985% lost 1.9%. JD-SW (09618.HK) +0.800 (+0.626%) Short selling $352.87M; Ratio 28.463% , BILIBILI-W (09626.HK) +18.600 (+8.883%) Short selling $665.89M; Ratio 28.174% , NTES-S (09999.HK) +4.800 (+2.039%) Short selling $437.85M; Ratio 30.627% , XIAOMI-W (01810.HK) -0.680 (-1.443%) Short selling $1.32B; Ratio 17.025% , KUAISHOU-W (01024.HK) +1.450 (+1.957%) Short selling $514.71M; Ratio 24.481% , BIDU-SW (09888.HK) +0.400 (+0.342%) Short selling $536.76M; Ratio 41.955% , BABA-W (09988.HK) +3.200 (+1.977%) Short selling $2.69B; Ratio 14.573% , and MEITUAN-W (03690.HK) -0.150 (-0.155%) Short selling $523.76M; Ratio 13.646% tumbled 3.1-4.3%. GDS-SW (09698.HK) +0.940 (+2.887%) Short selling $114.78M; Ratio 40.637% , KINGDEE INT'L (00268.HK) +0.160 (+1.085%) Short selling $50.11M; Ratio 17.314% , NEW ORIENTAL-S (09901.HK) +1.460 (+3.297%) Short selling $48.95M; Ratio 25.126% , JD HEALTH (06618.HK) +1.100 (+1.742%) Short selling $109.06M; Ratio 29.042% , MEITU (01357.HK) +0.020 (+0.238%) Short selling $34.01M; Ratio 14.140% , SENSETIME-W (00020.HK) +0.030 (+1.250%) Short selling $148.88M; Ratio 10.915% , KINGSOFT (03888.HK) +1.160 (+3.666%) Short selling $86.62M; Ratio 16.373% , WEIMOB INC (02013.HK) +0.050 (+2.137%) Short selling $185.04M; Ratio 26.691% , and KINGSOFT CLOUD (03896.HK) +0.090 (+1.376%) Short selling $45.14M; Ratio 12.963% stumbled 5.2-6.5%.In the handset-related sector, BYD ELECTRONIC (00285.HK) +1.460 (+3.767%) Short selling $86.44M; Ratio 7.872% , Q TECH (01478.HK) +0.650 (+4.542%) Short selling $5.62M; Ratio 7.322% , and FIT HON TENG (06088.HK) +0.280 (+5.027%) Short selling $40.23M; Ratio 5.791% plunged 8.1- 10.3%. LENS (06613.HK) +1.260 (+4.918%) , AAC TECH (02018.HK) +1.540 (+3.923%) Short selling $67.44M; Ratio 19.708% , SUNNY OPTICAL (02382.HK) +2.300 (+2.926%) Short selling $286.39M; Ratio 29.163% , and COWELL (01415.HK) +1.900 (+5.919%) Short selling $25.48M; Ratio 8.680% tumbled over 5%. In the chip sector, SMIC (00981.HK) +2.250 (+3.134%) Short selling $1.18B; Ratio 12.907% and HUA HONG SEMI (01347.HK) -0.200 (-0.257%) Short selling $403.32M; Ratio 9.306% cratered over 6%, while chip equipment stock ASMPT (00522.HK) -1.200 (-1.379%) Short selling $38.52M; Ratio 16.461% collapsed 4.6%. In telecom equipment stocks, ZTE (00763.HK) +1.460 (+3.728%) Short selling $124.80M; Ratio 6.586% plummeted 12.8%, while optical fiber stock YOFC (06869.HK) +2.680 (+7.298%) Short selling $39.29M; Ratio 2.806% cascaded 9.7%.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-10-21 16:25.)