The HSI grossed gains of 3.4% for June, gains of 4.1% for 2Q25, and gains of 20% in 1H25. The HSCEI sagged 84 points or 0.96% to 8,678, up approximately 19% in 1H25. The HSTECH dropped 38 points or 0.72% to 5,302, rallying about 18.7% in 1H25. Total market turnover whopped HKD242.234 billion.For techs, BABA-W (09988.HK) -0.400 (-0.364%) Short selling $1.25B; Ratio 12.933% fell off 2.1%; TENCENT (00700.HK) -1.500 (-0.298%) Short selling $328.31M; Ratio 3.588% sank 1.9%, and MEITUAN-W (03690.HK) +0.700 (+0.559%) Short selling $1.31B; Ratio 20.940% slid 3.2%. JINGDONG Coinlink Technology clarified it has not started issuing stablecoins, with JD-SW (09618.HK) +0.100 (+0.078%) Short selling $333.34M; Ratio 19.274% down 1.8%. BIDU-SW (09888.HK) +0.550 (+0.659%) Short selling $94.09M; Ratio 16.177% dipped 0.5%, while BILIBILI-W (09626.HK) -3.700 (-2.206%) Short selling $102.09M; Ratio 15.784% rose 0.7%. NTES-S (09999.HK) -2.800 (-1.327%) Short selling $144.08M; Ratio 13.883% and KUAISHOU-W (01024.HK) -1.750 (-2.765%) Short selling $191.78M; Ratio 8.549% added 1.5% and 0.8%, respectively.In financials, HSBC HOLDINGS (00005.HK) +0.300 (+0.316%) Short selling $213.04M; Ratio 18.937% edged down 0.1%, HKEX (00388.HK) +4.400 (+1.051%) Short selling $300.35M; Ratio 15.505% eroded 0.6%, and AIA (01299.HK) +0.650 (+0.923%) Short selling $300.79M; Ratio 15.957% lost 1.7%. Separately, XINYI SOLAR (00968.HK) +0.270 (+10.843%) Short selling $111.27M; Ratio 11.248% soared 4.2%, being the top-performing blue-chip stock. LAOPU GOLD (06181.HK) -20.000 (-1.984%) Short selling $68.50M; Ratio 8.314% spiked 14.9% as its lock-up period expired.EMPEROR INT'L (00163.HK) -0.005 (-2.381%) disclosed a debt default, with its share price closing down 11.8%. Related companies EMPEROR CAPITAL (00717.HK) -0.007 (-7.778%) and EMPEROR CULTURE (00491.HK) -0.005 (-12.500%) tumbled 18.2% and 14.9%, while EMPEROR E HOTEL (00296.HK) -0.005 (-1.852%) and EMPEROR WATCH&J (00887.HK) -0.075 (-17.045%) dived 5.3% and 8.3%, respectively.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-07-02 16:25.)