The HSI slid 176 points or 0.9% to close at 19,064. The HSCEI dropped 80 points or 1.2% to close at 6,898. The HSTECH lost 50 points or 1.2% to close at 4,260. The total market turnover for the day amounted to $144.698 billion. The WeChat HarmonyOS Native Edition has been officially launched. TENCENT (00700.HK) -1.000 (-0.271%) Short selling $1.62B; Ratio 11.673% ebbed 1% along with the market. TENCENT cut its stake in WEIMOB INC (02013.HK) +0.030 (+1.596%) Short selling $10.72M; Ratio 0.334% to cash out over $410 million, and sold UBTECH ROBOTICS (09880.HK) -2.700 (-5.838%) for about $1.034 billion. WEIMOB INC collapsed 40.9%, while UBTECH ROBOTICS plunged 10.1%. Taobao and Tmall intended to establish an account integrity system and optimize the “Tuihuobao” mechanism. BABA-W (09988.HK) -2.150 (-2.701%) Short selling $533.46M; Ratio 13.541% waned 1.2%. Goldman Sachs has raised its target price for NTES-S (09999.HK) +2.600 (+1.772%) Short selling $413.35M; Ratio 25.698% , lifting the company's share price by 1.4%. As the speculation in external chip stocks continued, SMIC (00981.HK) +0.900 (+2.782%) Short selling $444.07M; Ratio 7.639% climbed 2.9%.Related NewsAnt Group Donates RMB5M to Support Earthquake Disaster Areas in Shigatse, TibetSUNAC (01918.HK) +0.140 (+10.769%) Short selling $31.50M; Ratio 2.118% drifted 25.7% lower as it received a winding up petition issued by China Cinda. Other Chinese developers were also under pressure, with CHINA VANKE (02202.HK) +0.120 (+2.553%) Short selling $61.34M; Ratio 25.032% and SINO-OCEAN GP (03377.HK) -0.006 (-2.844%) cascading 4.7% and 6.2%. CIFI HOLD GP (00884.HK) +0.004 (+1.626%) Short selling $120.94K; Ratio 0.650% descended 7.2%, while R&F PROPERTIES (02777.HK) +0.040 (+3.448%) Short selling $1.22M; Ratio 4.516% , KWG GROUP (01813.HK) -0.005 (-1.563%) , SHIMAO GROUP (00813.HK) -0.030 (-3.488%) Short selling $1.15M; Ratio 5.699% and AGILE GROUP (03383.HK) 0.000 (0.000%) eroded 8.6-9.4%. Chinese insurers PING AN (02318.HK) -0.850 (-2.073%) Short selling $787.22M; Ratio 22.235% , CPIC (02601.HK) -0.400 (-1.831%) Short selling $21.08M; Ratio 6.199% and CHINA LIFE (02628.HK) -0.340 (-2.595%) Short selling $262.33M; Ratio 21.518% also stumbled 4-4.4%.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-01-10 16:25.)