The HSI opened 87 points or 0.4% lower at 24,768. The HSCEI dropped 12 points or 0.1% to 8,377. The HSTECH fell 20 points or 0.4% to 4,740.Several blue-chip stocks have announced their results. MEITUAN-W (03690.HK) -1.700 (-2.074%) Short selling $939.39M; Ratio 62.972% opened down 0.6% at HKD86.15. It reported an adjusted EBITDA loss of RMB14.025 billion for 4Q25. SMIC (00981.HK) -1.850 (-3.500%) Short selling $598.61M; Ratio 79.112% lost 2% despite a 9% increase in its annual net profit. CHINA MOBILE (00941.HK) +0.250 (+0.313%) Short selling $314.81M; Ratio 104.264% remained flat at HKD77.5. It logged a 0.9% drop in annual net profit but increased its final dividend. This year's capital expenditure is expected to reach RMB136.6 billion. HAIER SMARTHOME (06690.HK) -0.320 (-1.541%) Short selling $147.58M; Ratio 161.343% receded 3.5%. With a 4.4% growth in its annual net profit, it plans to spend RMB3-6 billion to repurchase A-shares.PING AN (02318.HK) -0.400 (-0.660%) Short selling $311.28M; Ratio 54.573% opened declining 1.1%, even though it saw its annual net profit grow 7% YoY. CNOOC (00883.HK) +0.060 (+0.223%) Short selling $602.03M; Ratio 28.522% edged down 0.8%, as its annual net profit sank 12%. SINO BIOPHARM (01177.HK) -0.030 (-0.472%) Short selling $142.91M; Ratio 75.915% stayed unchanged at HKD5.82. Its annual underlying profit surged 31%.Among tech stocks, TENCENT (00700.HK) -7.400 (-1.490%) Short selling $1.08B; Ratio 47.391% and KUAISHOU-W (01024.HK) -1.300 (-2.814%) Short selling $218.76M; Ratio 44.692% slid 0.9% and 1.3% at open. BIDU-SW (09888.HK) -0.800 (-0.730%) Short selling $180.79M; Ratio 150.451% shed 1.5%. JD-SW (09618.HK) -1.000 (-0.886%) Short selling $333.77M; Ratio 174.780% inched 0.4% higher. BABA-W (09988.HK) -4.200 (-3.423%) Short selling $1.80B; Ratio 62.850% was intact at HKD123.Carmaker BYD COMPANY (01211.HK) -0.800 (-0.764%) Short selling $1.06B; Ratio 98.115% opened 2.7% higher at HKD105.5. XIAOMI-W (01810.HK) -1.140 (-3.560%) Short selling $2.65B; Ratio 81.394% edged down 0.4%. LEAPMOTOR (09863.HK) +1.750 (+3.415%) Short selling $299.35M; Ratio 86.513% remained steady at HKD46.44.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-04-02 16:25.)
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