The HSI opened 146 points or 0.8% lower at 18,918. The HSCEI opened 47 points or 0.7% lower at 6,850. The HSTECH opened 37 points or 0.9% lower at 4,222.In the tech sector, BABA-W (09988.HK) -1.200 (-1.508%) Short selling $339.09M; Ratio 15.921% opened 1.4% lower at $78.5. TENCENT (00700.HK) -2.200 (-0.595%) Short selling $1.14B; Ratio 15.867% opened down 1.3% at $364.8. MEITUAN-W (03690.HK) -2.100 (-1.499%) Short selling $527.37M; Ratio 18.342% , XIAOMI-W (01810.HK) -0.750 (-2.235%) Short selling $437.94M; Ratio 17.431% , and JD-SW (09618.HK) -2.100 (-1.604%) Short selling $38.70M; Ratio 10.321% inched down 0.8-1%, while BIDU-SW (09888.HK) -1.900 (-2.445%) Short selling $62.84M; Ratio 20.432% , KUAISHOU-W (01024.HK) -0.500 (-1.271%) Short selling $75.13M; Ratio 19.403% , and BILIBILI-W (09626.HK) -2.400 (-1.878%) Short selling $31.48M; Ratio 18.561% slipped 1.9-2.2%.Ming-Chi Kuo predicted a 6% drop in iPhone shipments in 1H and a continued decline in Apple's market share in China. Handset component stock AAC TECH (02018.HK) -0.350 (-0.976%) Short selling $6.86M; Ratio 15.517% opened sliding 1.7%, while BYD ELECTRONIC (00285.HK) -1.750 (-4.476%) Short selling $110.98M; Ratio 32.962% edged up 0.5%. SUNNY OPTICAL (02382.HK) -1.950 (-3.110%) Short selling $70.65M; Ratio 17.109% recorded a YoY decrease of 1.9% in handset lens sets shipments last month. Its stock price dipped 0.8%.As for car stocks, BYD COMPANY (01211.HK) -2.000 (-0.796%) Short selling $275.39M; Ratio 40.831% and NIO-SW (09866.HK) -0.150 (-0.454%) Short selling $12.29M; Ratio 40.699% opened 0.9% and 1.7% lower, while XPENG-W (09868.HK) +0.050 (+0.107%) Short selling $49.00M; Ratio 16.338% advanced 1.4%. GAC GROUP (02238.HK) -0.010 (-0.333%) Short selling $3.35M; Ratio 7.601% forecasted a slump of 73-82% in net profit last year. Its stock price climbed 0.3% to $3.01. In collaboration with Huawei, the company has invested $1.5 billion to establish the GH project company.Among other blue chips, OOIL (00316.HK) +2.600 (+2.423%) Short selling $6.43M; Ratio 8.866% reported a 55% YoY surge in 4Q24 total revenue and a 6.1% rise in its total liftings. Its stock price opened up 0.2%. Oil prices skyrocketed on the latest US sanctions on Russian oil. CNOOC (00883.HK) +0.560 (+2.976%) Short selling $238.33M; Ratio 17.304% and PETROCHINA (00857.HK) +0.170 (+2.787%) Short selling $165.77M; Ratio 34.006% hiked 2% and 1.5% respectively.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-01-13 12:25.)