Hong Kong stocks opened lower in the morning session. The HSI opened 289 points or 1.1% lower at 27,097. The HSCEI opened 125 points or 1.3% lower at 9,191. The HSTECH opened 73 points or 1.3% lower at 5,644.

Gold and silver prices plunged last Friday (30 Jan). CHINAGOLDINTL (02099.HK)  +4.700 (+2.389%)    Short selling $91.28M; Ratio 12.846%   plunged 12.3%, while ZIJIN MINING (02899.HK)  +0.180 (+0.435%)    Short selling $940.24M; Ratio 19.397%   and SD GOLD (01787.HK)  +0.460 (+1.143%)    Short selling $398.71M; Ratio 27.486%   dipped 10% and 10.8%. ZHAOJIN MINING (01818.HK)  +0.900 (+2.616%)    Short selling $198.30M; Ratio 18.577%   descended 9.4%, while CHI SILVER GP (00815.HK)  -0.010 (-1.471%)   eroded 4.3%.

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Resource stocks also declined, with JIANGXI COPPER (00358.HK)  +1.120 (+2.472%)    Short selling $165.30M; Ratio 13.686%   , CHALCO (02600.HK)  +0.190 (+1.446%)    Short selling $92.91M; Ratio 9.255%   , CMOC (03993.HK)  +0.520 (+2.297%)    Short selling $340.45M; Ratio 23.645%   and MMG (01208.HK)  +0.400 (+3.964%)    Short selling $118.00M; Ratio 17.440%   slumping 5.9-7.2%. CHINAHONGQIAO (01378.HK)  +0.400 (+1.133%)    Short selling $321.82M; Ratio 13.870%   cratered 5.1%, while oil producers PETROCHINA (00857.HK)  +0.090 (+1.003%)    Short selling $228.47M; Ratio 34.401%   and CNOOC (00883.HK)  +0.280 (+1.199%)    Short selling $268.85M; Ratio 16.259%   sagged 2.4% and 3%.

Telecom service VAT for CHINA MOBILE (00941.HK)  +1.150 (+1.469%)    Short selling $400.62M; Ratio 15.763%   , CHINA UNICOM (00762.HK)  +0.020 (+0.275%)    Short selling $67.72M; Ratio 11.533%   and CHINA TELECOM (00728.HK)  0.000 (0.000%)    Short selling $91.07M; Ratio 16.001%   were adjusted from 6% to 9%. CHINA TELECOM and CHINA UNICOM tumbled 6.3% and 7%, while CHINA MOBILE lost 2.3%.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-02-03 16:25.)