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<H Shrs>HSI Slips 319Pts at Close; BIDU-SW Up 3%+; POP MART Down 8%
The HSI concluded at 25,765, down 319 points or 1.2%, snapping a two-day winning streak; the HSCEI sank 114 points or 1.3% to end at 9,083; and the HSTECH closed flat at 5,662. Tot...
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<H Shrs>HSI Slips 319Pts at Close; BIDU-SW Up 3%+; POP MART Down 8%
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The HSI concluded at 25,765, down 319 points or 1.2%, snapping a two-day winning streak; the HSCEI sank 114 points or 1.3% to end at 9,083; and the HSTECH closed flat at 5,662. Total market turnover was HK$206.23 billion.

BIDU-SW (09888.HK)  -4.700 (-3.736%)    Short selling $193.18M; Ratio 24.277%   clarified that it is evaluating the proposed spin-off of Kunlunxin, and its share price spiked 3.5% throughout the day, making it the best-performing blue-chip stock. Among other techs, BABA-W (09988.HK)  -2.700 (-1.760%)    Short selling $352.11M; Ratio 6.971%   fell more than 1%, and TENCENT (00700.HK)  -4.500 (-0.744%)    Short selling $220.28M; Ratio 5.297%   dropped 0.8%. JD-SW (09618.HK)  -1.000 (-0.861%)    Short selling $61.31M; Ratio 16.883%   lost 0.7% after JD Cloud's JoyBuilder model development platform was upgraded, improving the training efficiency of embodied AI models by 3.5 times. BILIBILI-W (09626.HK)  -8.000 (-3.929%)    Short selling $111.34M; Ratio 32.885%   , NTES-S (09999.HK)  -4.000 (-1.845%)    Short selling $37.37M; Ratio 10.934%   , and KUAISHOU-W (01024.HK)  -1.700 (-2.491%)    Short selling $102.57M; Ratio 12.234%   dipped 0.1-1.4%. MEITUAN-W (03690.HK)  -2.000 (-2.010%)    Short selling $325.19M; Ratio 19.244%   released its LongCat-Image image generation model, shoring up its share price by 0.5%.

Automaker GEELY AUTO (00175.HK)  -0.210 (-1.188%)    Short selling $53.29M; Ratio 23.869%   added 1.8%, and BYD COMPANY (01211.HK)  -1.450 (-1.460%)    Short selling $119.98M; Ratio 25.472%   rose 0.2%. LI AUTO-W (02015.HK)  -2.000 (-2.872%)    Short selling $100.58M; Ratio 32.516%   and NIO-SW (09866.HK)  -0.240 (-0.601%)    Short selling $12.14M; Ratio 25.133%   eroded 0.4% and 0.7% respectively. XPENG-W (09868.HK)  -0.450 (-0.577%)    Short selling $59.61M; Ratio 16.533%   gained 0.1%. Xiaomi Auto's customized services have commenced deliveries, but XIAOMI-W (01810.HK)  -1.300 (-3.053%)    Short selling $1.41B; Ratio 29.517%   shrank 0.5%.

Among individual stocks, POP MART (09992.HK)  -11.500 (-5.739%)    Short selling $241.21M; Ratio 13.653%   slid 8.5%, making it the worst-performing blue-chip stock, with Deutsche Bank pointing to the decline in Labubu's market premium. INNOVENT BIO (01801.HK)  -1.550 (-1.811%)    Short selling $136.08M; Ratio 15.117%   , after opening higher on its first day of trading in the blue-chip category, dived nearly 7%, despite seven of its innovative products being included in the new version of China’s NRDL.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-12-09 12:25.)

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