A preliminary consensus was clinched between China and the US on resolving key economic and trade issues, shoring up Hong Kong stocks in the morning session. The HSI started 335 points higher. With expanded upswing to 395 points, the index peaked at 26,495, and closed midday up 267 points or 1.1%, at 26,427. The HSCEI added 88 points or 0.9%, to 9,452, while the HSTECH hiked 89 points or 1.5%, to 6,149. The total market turnover for the midday was HKD156.529 billion.AI and chip-related concepts boomed, with BABA-W (09988.HK) -2.600 (-1.498%) Short selling $1.34B; Ratio 9.975% and BIDU-SW (09888.HK) -1.200 (-0.959%) Short selling $397.76M; Ratio 25.354% soaring 3.2% and 5.6%, respectively. SMIC (00981.HK) -2.700 (-3.261%) Short selling $722.62M; Ratio 7.033% and HUA HONG SEMI (01347.HK) -0.350 (-0.405%) Short selling $634.25M; Ratio 13.313% swelled 2.4% and 2.8%, while chip equipment stock ASMPT (00522.HK) -6.500 (-6.933%) Short selling $54.67M; Ratio 15.564% leaped 4.4%. Telecom infrastructure-related stocks ZTE (00763.HK) -2.020 (-4.858%) Short selling $115.74M; Ratio 5.852% and YOFC (06869.HK) -2.580 (-6.053%) Short selling $72.91M; Ratio 7.548% soared 2.7% and 4.4%.TENCENT (00700.HK) -11.000 (-1.677%) Short selling $1.21B; Ratio 11.502% flagship game "Honor of Kings" has set a new record for DAUs YTD, with its stock price rising 2.4%. MEITUAN-W (03690.HK) -2.000 (-1.961%) Short selling $642.22M; Ratio 16.802% plans to issue USD and CNY senior notes, with its stock price gaining 1.8%. The China Passenger Car Association (CPCA) suggested that inventory pressure for passenger cars in mainland China subsided last month, predicting strong total sales for manufacturers in the coming months. Automakers BYD COMPANY (01211.HK) -0.900 (-0.851%) Short selling $136.73M; Ratio 9.969% , NIO-SW (09866.HK) -0.500 (-0.909%) Short selling $72.81M; Ratio 28.560% , and XPENG-W (09868.HK) +2.250 (+2.656%) Short selling $143.70M; Ratio 9.641% lifted 1.4-1.6%. GWMOTOR (02333.HK) -0.060 (-0.382%) Short selling $48.81M; Ratio 16.865% saw a 17% drop in net profit for 1-3Q, with its stock price growing 1.6%. Pharmaceutical stock WUXI APPTEC (02359.HK) -2.300 (-2.000%) Short selling $109.93M; Ratio 17.011% logged an 85% increase in profit for 1-3Q and raised its full-year revenue forecast, with its stock price surging 6%. Under the same series, WUXI BIO (02269.HK) -0.520 (-1.395%) Short selling $127.27M; Ratio 21.389% shot up 3.3%. HENGRUI PHARMA (01276.HK) -4.150 (-5.204%) Short selling $183.95M; Ratio 30.641% , REMEGEN (09995.HK) -1.600 (-1.799%) Short selling $13.04M; Ratio 4.875% , and PHARMARON (03759.HK) -0.300 (-1.188%) Short selling $7.51M; Ratio 8.492% also mounted over 3%. SINOPHARM (01099.HK) -0.100 (-0.514%) Short selling $13.00M; Ratio 18.560% reported a 0.5% rise in net profit for 1-3Q, but its stock price dropped 0.6%.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-10-28 16:25.)