Hong Kong stocks repeatedly softened today. The HSI lost 123 points or 0.5% to close at 23,258. The HSCEI ebbed 26 points or 0.3% to close at 8,443. The HSTECH slid 7 points or 0.2% to close at 5,174. Total market turnover for the day amounted to $180.816 billion.

XIAOMI-W (01810.HK)  -0.750 (-1.451%)    Short selling $1.62B; Ratio 15.488%   's 1Q non-IFRS net profit beat forecasts with a spike of 65%, lifting its share price by 0.4% to $51.75. KUAISHOU-W (01024.HK)  -0.900 (-1.661%)    Short selling $438.68M; Ratio 21.695%   advanced 5.9% to $51.65 as its 1Q non-IFRS net profit increased by 4%, and it is confident of double-digit growth in online advertising revenue in 2Q. Amid reports suggesting that BABA-W (09988.HK)  -4.200 (-3.556%)    Short selling $2.60B; Ratio 11.170%   is considering slashing its stake in ZTO EXPRESS-W (02057.HK)  -2.100 (-1.496%)    Short selling $49.78M; Ratio 16.903%   , BABA-W faded 1.9%, while ZTO EXPRESS-W ticked up 0.1%.

The China Passenger Car Association (CPCA) reported that China's automotive industry logged increased revenue without profit uplifts in 4M25, and that earnings pressure on mainstream carmakers has been mounting recently. BYD COMPANY (01211.HK)  -13.200 (-3.251%)    Short selling $973.82M; Ratio 10.079%   and LI AUTO-W (02015.HK)  +4.100 (+3.789%)    Short selling $636.78M; Ratio 16.598%   waned 2.7% and 2.5%, while GEELY AUTO (00175.HK)  -0.080 (-0.452%)    Short selling $125.98M; Ratio 8.354%   cascaded 2.3% as it is purportedly planning to launch satellites, including "Qianli Haohan", to achieve global real-time satellite communication services within the year. GWMOTOR (02333.HK)  -0.380 (-3.025%)    Short selling $117.40M; Ratio 33.519%   mushroomed 5.2%, while battery stock CATL (03750.HK)  -5.200 (-1.685%)    Short selling $1.09B; Ratio 36.500%   ascended 1%.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-30 16:25.)