The HSI settled the midday down 232 points or 1% at 23,989. The HSCEI fell 108 points or 1.2% to 8,616. The HSTECH dropped 63 points or 1.2% to 5,205. The total market turnover for the half-day amounted to HKD130.584 billion.XIAOMI-W (01810.HK) -0.550 (-0.957%) Short selling $210.60M; Ratio 8.737% stated its auto unit will focus on domestic deliveries before considering exports in 2027, sending its stock price tumbling 4.4% to HKD57.5. XPENG-W (09868.HK) +1.550 (+2.243%) Short selling $336.39M; Ratio 30.539% rose 1%. It delivered 34,600 vehicles last month, marking a 2.24-fold increase. LEAPMOTOR (09863.HK) +2.100 (+3.697%) Short selling $5.39M; Ratio 5.001% and GWMOTOR (02333.HK) +0.060 (+0.459%) Short selling $19.49M; Ratio 16.479% ballooned 3.5% and 2.1%, respectively. BYD COMPANY (01211.HK) -0.500 (-0.412%) Short selling $326.92M; Ratio 41.941% inched up 0.7% to HKD123.1. Battery stock CATL (03750.HK) -4.400 (-1.232%) Short selling $81.20M; Ratio 19.488% added 1.9%. Lithium stock GANFENGLITHIUM (01772.HK) 0.000 (0.000%) Short selling $33.38M; Ratio 27.745% mushroomed 5.9%.In the tech sector, South Africa's Naspers, bearish on MEITUAN-W (03690.HK) -2.500 (-2.070%) Short selling $1.20B; Ratio 20.661% 's international expansion, is considering reducing its stake in the company. MEITUAN-W slipped 2.5%. BABA-W (09988.HK) -0.200 (-0.190%) Short selling $396.54M; Ratio 8.415% eroded 3.6% to HKD105.5. TENCENT (00700.HK) +3.700 (+0.745%) Short selling $371.30M; Ratio 12.268% and SMIC (00981.HK) -0.050 (-0.114%) Short selling $120.41M; Ratio 7.713% edged down 0.5% and 0.2%, respectively. KUAISHOU-W (01024.HK) +0.950 (+1.535%) Short selling $285.66M; Ratio 23.528% , JD-SW (09618.HK) +0.500 (+0.403%) Short selling $172.28M; Ratio 17.024% , and BILIBILI-W (09626.HK) +0.100 (+0.058%) Short selling $64.77M; Ratio 16.344% slid 1.4-1.8%.In addition, XD INC (02400.HK) +0.750 (+1.505%) Short selling $9.18M; Ratio 6.395% , ALI HEALTH (00241.HK) -0.020 (-0.474%) Short selling $54.53M; Ratio 18.566% , and NEW ORIENTAL-S (09901.HK) -0.450 (-1.114%) Short selling $7.40M; Ratio 18.391% cratered 3.4-3.8%, KINGSOFT (03888.HK) -1.200 (-3.478%) Short selling $23.70M; Ratio 6.382% dived 7.6%. GDS-SW (09698.HK) -1.100 (-3.411%) Short selling $38.91M; Ratio 23.704% spiked 6.4%.Among pharmas, AKESO (09926.HK) -3.400 (-2.929%) Short selling $163.28M; Ratio 21.938% has completed enrollment of the first participant in a Phase Ia clinical trial of its first-in-class bispecific antibody ADC drug for the treatment of advanced solid tumors, lifting its stock price by 11.3%. INNOVENT BIO (01801.HK) -3.750 (-4.350%) Short selling $227.74M; Ratio 22.282% had its target price raised by Citi and CICC. Its stock price soared 6.5%. REMEGEN (09995.HK) -4.200 (-6.195%) Short selling $8.75M; Ratio 1.595% also leaped 5.1%, BEIGENE (06160.HK) -2.400 (-1.616%) Short selling $38.67M; Ratio 18.707% and INNOCARE (09969.HK) -0.700 (-5.102%) Short selling $45.94M; Ratio 39.942% shot up over 3%. SINO BIOPHARM (01177.HK) -0.100 (-1.786%) Short selling $77.48M; Ratio 23.257% gained 2.6%.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-07-07 12:25.)