Hong Kong stocks weakened, dragged down by declines in BABA-W (09988.HK) -4.200 (-3.423%) Short selling $1.80B; Ratio 62.850% and XIAOMI-W (01810.HK) -1.140 (-3.560%) Short selling $2.65B; Ratio 81.394% . The HSI slid 223 points or 0.9% to close at 25,277. The HSCEI lost 121 points or 1.4% to close at 8,574. The HSTECH shrank 123 points or 2.5% to close at 4,872. The FTSE index underwent a constituent stock change after the market closed, with total market turnover for the day reaching $342.518 billion.BABA-W (09988.HK) -4.200 (-3.423%) Short selling $1.80B; Ratio 62.850% charted a 67% slump in non-GAAP net profit for 3FQ, way worse than forecast, denting its share price by 6.3%. XIAOMI-W (01810.HK) -1.140 (-3.560%) Short selling $2.65B; Ratio 81.394% announced that the price of its new generation SU7 was reduced by RMB6,000 to RMB10,000 from the pre-sale price, and declared an investment of over RMB60 billion in AI over the next three years. XIAOMI-W’s stock price descended 8.6% to close at $33.2. For other techs, TENCENT (00700.HK) -7.400 (-1.490%) Short selling $1.08B; Ratio 47.391% slipped 1% to $508, while MEITUAN-W (03690.HK) -1.700 (-2.074%) Short selling $939.39M; Ratio 62.972% , JD-SW (09618.HK) -1.000 (-0.886%) Short selling $333.77M; Ratio 174.780% and BIDU-SW (09888.HK) -0.800 (-0.730%) Short selling $180.79M; Ratio 150.451% waned 1.9%. KUAISHOU-W (01024.HK) -1.300 (-2.814%) Short selling $218.76M; Ratio 44.692% sagged 2.8%, while NTES-S (09999.HK) -1.300 (-0.738%) Short selling $244.93M; Ratio 79.905% and BILIBILI-W (09626.HK) -4.100 (-2.245%) Short selling $91.44M; Ratio 46.716% dropped 0.5% and 1.1%. MEITU (01357.HK) -0.090 (-2.041%) Short selling $48.49M; Ratio 120.924% and KINGSOFT CLOUD (03896.HK) -0.280 (-3.784%) Short selling $46.19M; Ratio 21.991% stumbled 5.3% and 7.3%, while CHINA LIT (00772.HK) -0.500 (-1.901%) Short selling $25.07M; Ratio 132.373% and KINGSOFT (03888.HK) -0.600 (-2.588%) Short selling $51.40M; Ratio 80.075% shrank 4.6% and 3.3%.Market rumors suggest Elon Musk’s team is making large-scale procurement of domestic photovoltaic equipment, sparking a speculation in energy storage and green energy concept stocks. CATL (03750.HK) -5.000 (-0.791%) Short selling $249.40M; Ratio 56.628% and CALB (03931.HK) +0.580 (+1.789%) Short selling $9.61M; Ratio 10.202% shot up 8.4% and 5.2%, while FIT HON TENG (06088.HK) -0.710 (-9.517%) Short selling $63.87M; Ratio 39.459% escalated 7.4%. XINYI SOLAR (00968.HK) 0.000 (0.000%) Short selling $39.20M; Ratio 138.182% , CGN POWER (01816.HK) +0.050 (+1.441%) Short selling $66.81M; Ratio 223.379% and EB ENVIRONMENT (00257.HK) -0.050 (-0.938%) Short selling $3.79M; Ratio 73.481% mounted over 3%, as EB ENVIRONMENT announced at midday that its profit increased by 16% last year. Lithium stock GANFENGLITHIUM (01772.HK) +3.250 (+4.653%) Short selling $62.21M; Ratio 13.380% advanced 5.1%.CKH HOLDINGS (00001.HK) -0.200 (-0.328%) Short selling $87.15M; Ratio 77.947% reported a 7% YoY increase in underlying profit last year, with its final DPS raised to $1.602, boosting its share price by 0.6%. CK ASSET (01113.HK) -0.220 (-0.483%) Short selling $30.71M; Ratio 80.323% marked a 21% drop in full-year net profit, with a final DPS of $1.39, and the stock faded 1.2%. LI NING (02331.HK) 0.000 (0.000%) Short selling $167.05M; Ratio 173.206% logged a 3% decline in net profit last year, beating market consensus, with the stock hyping up 8.6% to $21.44. CHINA UNICOM (00762.HK) -0.040 (-0.562%) Short selling $28.82M; Ratio 173.964% 's full-year net profit rose 1%, while its final DPS fell to RMB13.29 cents, and its stock price cratered 3.3% to $7.29.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-04-02 16:25.)
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