The HSI closed the day up 273 points or 1% at 26,433. The HSCEI rose 103 points or 1.1% to close at 9,467. The HSTECH climbed 111 points or 1.8%, closing at 6,171. The total market turnover for the day amounted to HKD267.077 billion.

AI- and chip-related concept stocks thrived. 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%   swelled 3.1% and 6.2%. 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%   leaped 3.5% and 5%. Chip equipment stock ASMPT (00522.HK)  -6.500 (-6.933%)    Short selling $54.67M; Ratio 15.564%   grew 4.2%. Telecom infrastructure 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%   hiked 3% and 3.6%. Power equipment stocks DONGFANG ELEC (01072.HK)  -0.080 (-0.399%)    Short selling $37.37M; Ratio 12.592%   and HARBIN ELECTRIC (01133.HK)  -0.060 (-0.453%)    Short selling $5.82M; Ratio 4.200%   rocketed 9.5% and 11.4%. Power stock CGN POWER (01816.HK)  -0.010 (-0.314%)    Short selling $14.16M; Ratio 9.837%   inclined 3.9%.

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TENCENT (00700.HK)  -11.000 (-1.677%)    Short selling $1.21B; Ratio 11.502%   advanced 2.9%. Its game "Honor of Kings" set a new record for daily active users this year. MEITUAN-W (03690.HK)  -2.000 (-1.961%)    Short selling $642.22M; Ratio 16.802%   plans to issue USD and RMB priority notes, lifting its stock price by 1.4%. Among other techs, KUAISHOU-W (01024.HK)  -0.150 (-0.197%)    Short selling $564.49M; Ratio 25.048%   and JD-SW (09618.HK)  -1.000 (-0.759%)    Short selling $119.73M; Ratio 13.822%   ticked up 1.5% and 2.3%. BILIBILI-W (09626.HK)  +12.200 (+5.309%)    Short selling $512.91M; Ratio 25.167%   added 1%. NTES-S (09999.HK)  -5.400 (-2.348%)    Short selling $186.11M; Ratio 11.320%   and XIAOMI-W (01810.HK)  -0.880 (-1.921%)    Short selling $1.09B; Ratio 13.254%   inched down 0.3%. MEITU (01357.HK)  -0.030 (-0.337%)    Short selling $108.97M; Ratio 15.829%   and CHINA LIT (00772.HK)  -0.620 (-1.505%)    Short selling $52.19M; Ratio 31.000%   surged 7.9% and 5.3%. KINGSOFT CLOUD (03896.HK)  -0.070 (-1.022%)    Short selling $87.95M; Ratio 20.056%   and GDS-SW (09698.HK)  +0.420 (+1.219%)    Short selling $61.39M; Ratio 18.043%   mushroomed over 3%.

The China Passenger Car Association indicated that last month's inventory pressure on domestic passenger cars decreased, forecasting strong total sales for auto manufacturers in the coming months. Car maker NIO-SW (09866.HK)  -0.500 (-0.909%)    Short selling $72.81M; Ratio 28.560%   shot up 4.5%. BYD COMPANY (01211.HK)  -0.900 (-0.851%)    Short selling $136.73M; Ratio 9.969%   and XPENG-W (09868.HK)  +2.250 (+2.656%)    Short selling $143.70M; Ratio 9.641%   gained 1.6% and 1.9%. GWMOTOR (02333.HK)  -0.060 (-0.382%)    Short selling $48.81M; Ratio 16.865%   jumped 1.5%, though its 1-3Q25 net profit dropped 17%.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-10-28 16:25.)