The HSI slid 177 points or 0.7% to 23,970 at midday. The HSCEI ebbed 66 points or 0.8% to 8,642. The HSTECH lost 60 points or 1.1% to 5,265. Total half-day turnover of the market amounted to $122.385 billion.

US President Donald Trump intended to impose a 50% tariff on copper imports, while copper futures prices rose 13% overnight. JIANGXI COPPER (00358.HK)  +0.280 (+1.857%)    Short selling $16.92M; Ratio 5.966%   opened 3.5% higher before falling, and faded 2.6% at midday. MMG (01208.HK)  +0.040 (+1.130%)    Short selling $16.21M; Ratio 5.682%   and CMOC (03993.HK)  +0.080 (+1.022%)    Short selling $105.85M; Ratio 29.080%   shed 3.1% and 4.3%. Gold price retreated nearly 1%, with SD GOLD (01787.HK)  +0.250 (+0.973%)    Short selling $114.65M; Ratio 20.531%   and ZIJIN MINING (02899.HK)  +0.200 (+1.010%)    Short selling $394.56M; Ratio 39.383%   cascading 2.6% and 3.4%.

For other stocks, GUOTAI JUNAN I (01788.HK)  +0.080 (+1.260%)    Short selling $17.23M; Ratio 0.175%   descended 7.6% at midday, with a turnover of $8.11 billion. CHINA TRAVEL HK (00308.HK)  +0.060 (+3.141%)    Short selling $10.10M; Ratio 0.757%   surged 10.2% at midday, with a turnover of more than $1.94 billion.

Jay Chou is officially confirmed to join Douyin platform. Chinese media reported that singer Jay Chou's entry into Douyin increased its fan base by 50,000 in 15 minutes. Hence, STARPLUS LEGEND (06683.HK)  +1.280 (+9.922%)    Short selling $5.61M; Ratio 0.104%   skyrocketed 70%, with turnover of $2.766 billion.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-07-11 16:25.)