The US and China reached a consensus on trade issues, leading to record highs in the three major US stock indices. The Hong Kong bourse started higher in the morning, with the HSI opening up 75 points or 0.28% at 26,508; the HSCEI up 22 points or 0.2% at 9,489; and the HSTECH up 27 points or 0.4% at 6,198.

In the financial sector, HSBC HOLDINGS (00005.HK)  +4.500 (+4.412%)    Short selling $610.72M; Ratio 19.212%   is set to announce its quarterly results at noon, with the stock opening 1.2% higher at HKD103.2. BOC HONG KONG (02388.HK)  +0.500 (+1.316%)    Short selling $237.74M; Ratio 28.827%   will release its quarterly results during the day, with its stock opening 0.1% higher at HKD38. HKEX (00388.HK)  -1.800 (-0.415%)    Short selling $227.20M; Ratio 16.670%   and AIA (01299.HK)  +2.450 (+3.396%)    Short selling $555.68M; Ratio 17.239%   opened 0.4% and 0.9% higher, respectively.

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For techs, BABA-W (09988.HK)  -2.600 (-1.498%)    Short selling $1.34B; Ratio 9.975%   opened 0.2% higher at HKD174; TENCENT (00700.HK)  -11.000 (-1.677%)    Short selling $1.21B; Ratio 11.502%   opened flat at HKD656; MEITUAN-W (03690.HK)  -2.000 (-1.961%)    Short selling $642.22M; Ratio 16.802%   opened flat at HKD102, and SMIC (00981.HK)  -2.700 (-3.261%)    Short selling $722.62M; Ratio 7.033%   opened flat at HKD82.8. JD-SW (09618.HK)  -1.000 (-0.759%)    Short selling $119.73M; Ratio 13.822%   , KUAISHOU-W (01024.HK)  -0.150 (-0.197%)    Short selling $564.49M; Ratio 25.048%   , and BILIBILI-W (09626.HK)  +12.200 (+5.309%)    Short selling $512.91M; Ratio 25.167%   opened 0.8-1.4% higher, while XIAOMI-W (01810.HK)  -0.880 (-1.921%)    Short selling $1.09B; Ratio 13.254%   and NTES-S (09999.HK)  -5.400 (-2.348%)    Short selling $186.11M; Ratio 11.320%   opened 0.9% and 0.7% lower, respectively. BIDU-SW (09888.HK)  -1.200 (-0.959%)    Short selling $397.76M; Ratio 25.354%   opened 0.3% higher at HKD125.5, and SUNNY OPTICAL (02382.HK)  -0.200 (-0.247%)    Short selling $189.46M; Ratio 31.515%   opened 2% higher.

As to autos, XPENG-W (09868.HK)  +2.250 (+2.656%)    Short selling $143.70M; Ratio 9.641%   opened 4.6% higher, while GEELY AUTO (00175.HK)  -0.210 (-1.098%)    Short selling $118.08M; Ratio 13.895%   and BYD COMPANY (01211.HK)  -0.900 (-0.851%)    Short selling $136.73M; Ratio 9.969%   opened 0.9% and 0.6% higher, respectively. In the sportswear sector, ANTA SPORTS (02020.HK)  -3.750 (-4.271%)    Short selling $455.73M; Ratio 25.267%   reported low single-digit positive growth in retail sales of Anta brand products in the third quarter, with its stock opening 0.2% higher at HKD88.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-10-28 16:25.)