Hong Kong bourse started higher, tracking U.S. market upswing, as China prepared to release 2Q25 GDP and key “troika” economic indicators. The HSI opened up 78 points or 0.3% at 24,281; the HSCEI rose 30 points or 0.3% to 8,763; and the HSTECH gained 14 points or 0.3% to 5,297.In tech, reports of Alibaba joining the food delivery war with plans for a “Super Saturday” campaign uplifted BABA-W (09988.HK) +0.300 (+0.264%) Short selling $1.71B; Ratio 15.246% by 0.4% to HKD106.5. MEITUAN-W (03690.HK) -2.100 (-1.664%) Short selling $1.14B; Ratio 20.121% edged up 0.1%, while JD-SW (09618.HK) -0.300 (-0.240%) Short selling $119.95M; Ratio 10.683% lost 1.1%. TENCENT (00700.HK) -1.000 (-0.193%) Short selling $667.18M; Ratio 8.666% and NTES-S (09999.HK) -2.200 (-1.053%) Short selling $95.22M; Ratio 22.320% added 0.5% and 1.2%, respectively. BILIBILI-W (09626.HK) +3.200 (+1.731%) Short selling $103.34M; Ratio 11.420% and TME-SW (01698.HK) +1.950 (+2.367%) Short selling $9.38M; Ratio 11.709% swelled 3.2% and 4%.Automakers GEELY AUTO (00175.HK) +0.020 (+0.110%) Short selling $175.74M; Ratio 17.439% and LI AUTO-W (02015.HK) +0.100 (+0.088%) Short selling $74.03M; Ratio 11.954% hiked 0.8% and 0.9%, respectively, while BYD COMPANY (01211.HK) -0.900 (-0.729%) Short selling $564.81M; Ratio 36.829% climbed 0.2% to HKD120.7. XIAOMI-W (01810.HK) -0.350 (-0.607%) Short selling $245.02M; Ratio 7.668% opened flat at HKD57.3.CMB International, a wholly-owned subsidiary of CM BANK (03968.HK) +0.250 (+0.492%) Short selling $120.13M; Ratio 25.466% , reportedly received a virtual asset license, boosting CMSC (06099.HK) -0.340 (-2.141%) Short selling $28.02M; Ratio 13.793% , under the same series, up by 15% to HKD17.5 and CM BANK (03968.HK) +0.250 (+0.492%) Short selling $120.13M; Ratio 25.466% up by 2% to HKD52.15 at the open.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-07-16 12:25.)