The HSI ended the day up 354 points or 1.5% at 23,512. The HSCEI rose 160 points or 1.9% to close at 8,519. The HSTECH climbed 55 points or 1.1%, closing at 5,189. The total market turnover for the day amounted to HKD203.681 billion.Chinese banks spearheaded the rally. ICBC (01398.HK) -0.020 (-0.339%) Short selling $137.20M; Ratio 5.998% , ABC (01288.HK) +0.030 (+0.567%) Short selling $201.56M; Ratio 14.228% , CCB (00939.HK) -0.020 (-0.274%) Short selling $241.84M; Ratio 9.141% , BANK OF CHINA (03988.HK) -0.040 (-0.868%) Short selling $296.06M; Ratio 15.794% , CM BANK (03968.HK) -0.250 (-0.495%) Short selling $144.35M; Ratio 17.712% , and PSBC (01658.HK) 0.000 (0.000%) Short selling $40.60M; Ratio 22.462% gained 2.7-3.5%. Chinese insurers PICC P&C (02328.HK) -0.280 (-1.821%) Short selling $36.79M; Ratio 9.758% and PICC GROUP (01339.HK) -0.150 (-2.799%) Short selling $10.45M; Ratio 4.069% advanced 3.9-2.5%, but ZA ONLINE (06060.HK) -1.700 (-8.854%) Short selling $277.25M; Ratio 15.863% retreated 6.4%. Brokers CGS (06881.HK) -0.150 (-1.854%) Short selling $13.38M; Ratio 5.608% , HTSC (06886.HK) -0.120 (-0.855%) Short selling $18.96M; Ratio 25.352% and GTHT (02611.HK) -0.040 (-0.345%) Short selling $4.27M; Ratio 4.946% ballooned 2.9-3.7%.Automaker LI AUTO-W (02015.HK) 0.000 (0.000%) Short selling $883.23M; Ratio 25.448% spiked 5.8%. Goldman Sachs expected the facelifted L-series and the MEGA Home to boost 2Q and 3Q sales. Meanwhile, GWMOTOR (02333.HK) -0.220 (-1.757%) Short selling $45.20M; Ratio 20.125% and BYD COMPANY (01211.HK) -9.000 (-2.184%) Short selling $1.61B; Ratio 13.606% added 3.9%. XIAOMI-W (01810.HK) -1.150 (-2.120%) Short selling $721.80M; Ratio 10.812% inclined 3.1% to HKD53.2. Chinese media quoted the company's founder Lei Jun as saying at a Xiaomi investor conference that losses in the company's auto business are gradually diminishing, and that profitability is expected for 3Q-4Q25. XPENG-W (09868.HK) -1.400 (-1.765%) Short selling $688.31M; Ratio 23.631% also climbed 2.4%.Among tech stocks, NTES-S (09999.HK) -2.200 (-1.093%) Short selling $787.21M; Ratio 14.577% hiked 2.4% to HKD197.3. BABA-W (09988.HK) -1.700 (-1.437%) Short selling $1.71B; Ratio 19.496% , TENCENT (00700.HK) 0.000 (0.000%) Short selling $686.49M; Ratio 10.172% , MEITUAN-W (03690.HK) -2.700 (-1.870%) Short selling $1.09B; Ratio 18.200% , and BIDU-SW (09888.HK) -0.350 (-0.417%) Short selling $529.89M; Ratio 27.909% inched up 0.6-1.3%. In contrast, BILIBILI-W (09626.HK) +0.900 (+0.618%) Short selling $329.92M; Ratio 24.607% edged down 0.3%, and KUAISHOU-W (01024.HK) +4.600 (+8.440%) Short selling $1.74B; Ratio 19.248% dropped 2.4% to HKD51.2. In addition, CHINA LIT (00772.HK) -0.550 (-1.855%) Short selling $231.62M; Ratio 26.304% and TME-SW (01698.HK) -1.650 (-2.366%) Short selling $1.60M; Ratio 1.811% grew 3% and 2.9%, while NETEASE MUSIC (09899.HK) -7.200 (-3.186%) Short selling $32.98M; Ratio 16.375% fell 2.8%. Chip stock SMIC (00981.HK) -2.050 (-4.852%) Short selling $117.74M; Ratio 3.575% rallied 1%.Pharma stock HANSOH PHARMA (03692.HK) +0.750 (+2.836%) Short selling $41.24M; Ratio 18.679% ticked up 1.9%. It secured an upfront payment of USD80 million for a product license granted to Regeneron. LUYE PHARMA (02186.HK) +0.130 (+4.626%) Short selling $46.89M; Ratio 9.957% and AKESO (09926.HK) +0.300 (+0.366%) Short selling $71.65M; Ratio 10.744% mushroomed 9% and 7.6%. PHARMARON (03759.HK) -0.360 (-2.284%) Short selling $8.70M; Ratio 5.977% , REMEGEN (09995.HK) -1.300 (-2.748%) Short selling $6.40M; Ratio 1.678% , CANSINOBIO (06185.HK) +0.300 (+0.875%) Short selling $6.01M; Ratio 14.544% and GENSCRIPT BIO (01548.HK) +1.180 (+8.780%) Short selling $71.78M; Ratio 10.944% shot up 5.3-6.9%. HENGRUI PHARMA (01276.HK) +0.600 (+1.054%) slipped 2.1%.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-06-06 16:25.)