The HSI closed at a closing high of 24,590, up 386 points or 1.6%. The HSCEI climbed 144 points or 1.7% to 8,877. The HSTECH jumped up 147 points or 2.8% to close at 5,431. Total market turnover for the day amounted to $288.4 billion.

Nvidia (NVDA.US)      will resume sales of H20 chips to China. For techs, BABA-W (09988.HK)  -1.200 (-1.054%)    Short selling $653.05M; Ratio 13.741%   escalated 7% to close at $113.5, with a turnover of $21.652 billion. Moonshot, an AI startup invested by the company, released its open-source large language model Kimi K2 last week, which is an open-source and low-priced challenge to OpenAI and Anthropic products. Furthermore, GDS-SW (09698.HK)  -0.400 (-1.062%)    Short selling $39.20M; Ratio 36.099%   and KINGSOFT CLOUD (03896.HK)  +0.080 (+1.053%)    Short selling $21.15M; Ratio 2.343%   continued to spike 12.2% and 16.8%, while SMIC (00981.HK)  +1.000 (+2.203%)    Short selling $76.81M; Ratio 6.479%   shed 1.8%.

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BILIBILI-W (09626.HK)  +5.000 (+2.658%)    Short selling $90.77M; Ratio 10.976%   mushroomed 7.9% after revealing AI application and game product lines on Investor Day. KUAISHOU-W (01024.HK)  -0.200 (-0.287%)    Short selling $125.70M; Ratio 14.447%   , MEITUAN-W (03690.HK)  +2.600 (+2.095%)    Short selling $460.05M; Ratio 17.698%   and BIDU-SW (09888.HK)  -3.050 (-3.444%)    Short selling $361.53M; Ratio 34.028%   elevated 4.2-4.4%, while TENCENT (00700.HK)  +1.000 (+0.194%)    Short selling $472.07M; Ratio 13.028%   and NTES-S (09999.HK)  +2.000 (+0.967%)    Short selling $39.64M; Ratio 14.472%   mounted 3.5% and 3.4%. JD-SW (09618.HK)  -0.600 (-0.481%)    Short selling $69.18M; Ratio 16.618%   ballooned 2.1%.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-07-17 12:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)