After opening 4 points higher this morning, the HSI once reached a peak of 24,460 in early trading with a surge of 432 points. It was last at 24,345, up 317 points or 1.3%, with a turnover of HKD140.629 billion.Yesterday (10th), the Shanghai State-owned Assets Supervision and Administration Commission held a study session focused on the development trends and strategies for cryptocurrencies and stablecoins, sparking a collective rally in Chinese brokers this morning.Related NewsGUOTAI JUNAN I Forecasts Interim NP to Leap 161% YoY to 202%CC SECURITIES (01375.HK) +0.100 (+3.831%) Short selling $7.77M; Ratio 1.329% opened up 1.5% higher and once climbed to a peak of HKD3.47. It last traded at HKD3.01, up 52.02%, with a volume of 1.385 billion shares, involving HKD4.148 billion.GUOTAI JUNAN I (01788.HK) +0.190 (+3.125%) Short selling $42.38M; Ratio 1.488% , which was granted a virtual asset trading service license by the Hong Kong SFC in late June, last traded at HKD6.67, up 5.04%, with a volume of 923 million shares, involving HKD6.251 billion. Its parent company, GTHT (02611.HK) -0.100 (-0.674%) Short selling $19.93M; Ratio 15.274% , was last at HKD15.82, up 12.2%, with a volume of 107 million shares, involving HKD1.651 billion.CSC (06066.HK) -0.240 (-2.058%) Short selling $5.84M; Ratio 7.874% and DFZQ (03958.HK) -0.080 (-1.244%) Short selling $6.54M; Ratio 12.341% rocketed over 8%. CMSC (06099.HK) -0.420 (-2.645%) Short selling $28.02M; Ratio 13.793% and EB SECURITIES (06178.HK) +0.060 (+0.619%) Short selling $6.44M; Ratio 14.155% mushroomed more than 6%. GF SEC (01776.HK) -0.380 (-2.510%) Short selling $6.52M; Ratio 5.830% , HTSC (06886.HK) -0.420 (-2.536%) Short selling $14.10M; Ratio 20.560% , CITIC SEC (06030.HK) -0.700 (-2.657%) Short selling $15.73M; Ratio 10.405% , and CICC (03908.HK) -0.340 (-1.795%) Short selling $10.34M; Ratio 4.125% grew 2-4%.Related NewsCICC Expects 55-78% Growth in 1H25 NPIn addition, GLMS SEC (01456.HK) +0.040 (+0.704%) Short selling $309.29K; Ratio 0.152% was hyped up 46.4% to a peak of HKD6.75 this morning. It last gained 16.92% to HKD5.39, with a volume of 192 million shares, involving HKD1.088 billion.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-07-16 12:25.)