Hong Kong stocks opened higher in the morning session. The HSI opened 165 points or 0.6% higher at 26,750. The HSCEI opened 50 points or 0.5% higher at 9,173. The HSTECH opened 48 points or 0.8% higher at 5,795.External memory chip stocks surged. Chip equipment maker ASMPT (00522.HK) -4.000 (-3.697%) Short selling $26.80M; Ratio 10.779% elevated 4.9% to $106.8, as it initiated assessment of strategic options for its SMT Solutions Segment, including a divestiture and public listing. Chip stocks SMIC (00981.HK) +0.250 (+0.321%) Short selling $77.35M; Ratio 2.834% and HUA HONG SEMI (01347.HK) +0.600 (+0.549%) Short selling $244.95M; Ratio 16.094% jumped up 1.6% and 2.1%. KINGDEE INT'L (00268.HK) -0.210 (-1.446%) Short selling $79.65M; Ratio 21.028% mounted 3.1% to $14.6 as it expected to swing to a profit of RMB60 -100 million last year, with revenue increasing by approx. 11.1-12.7%. BIDU-SW (09888.HK) +0.500 (+0.313%) Short selling $692.36M; Ratio 34.603% ballooned 3.8% to $159.5 after JPM expected its 4Q25 revenue and adjusted profit to improve QoQ, and elevated its target price from $185 to $195.For financials, HSBC HOLDINGS (00005.HK) +0.300 (+0.231%) Short selling $223.99M; Ratio 15.038% and HKEX (00388.HK) -4.400 (-1.032%) Short selling $665.14M; Ratio 26.374% picked up 0.7% and 0.2%, while AIA (01299.HK) +0.550 (+0.667%) Short selling $307.74M; Ratio 20.145% climbed 2.2%. Gold prices sagged from highs, denting CHINAGOLDINTL (02099.HK) +13.200 (+6.452%) Short selling $42.48M; Ratio 11.483% and ZIJIN MINING (02899.HK) +0.440 (+1.101%) Short selling $293.39M; Ratio 16.410% by 2% and 2.2%. CHOW TAI FOOK (01929.HK) -0.110 (-0.779%) Short selling $91.01M; Ratio 47.339% reported a 17.8% YoY increase in retail sales value last quarter, boosting its share price by 0.7% to $13.8.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-01-23 16:25.)