<div id="readability-page-1"><div>Overnight (20th), US President Donald Trump said the handling of the Iran issue has entered its final stage. The DJIA returned above 50,000, while the S&amp;P 500 and Nasdaq each ended a three-day losing streak. AI chip leader NVIDIA Corporation (NVDA.US) reported better-than-expected results for its first fiscal quarter, announced a USD80 billion share buyback and sharply raised its dividend to USD0.25 per share. The HSI opened 182 pts higher this morning (21st) before reversing into negative territory. At midday, it stood at 25,648 pts, down 2 pts or 0.01%, with half-day turnover of HKD150.855 billion. The HSTECH closed at 4,862 pts, down 11 pts or 0.24%, while the HSCEI ended the morning at 8,574 pts, down 30 pts or 0.35%.Major tech stocks were broadly weaker. BIDU-SW (09888.HK) -5.300 (-3.949%) Short selling $175.13M; Ratio 26.374% fell nearly 4%, and KUAISHOU-W (01024.HK) -1.580 (-3.314%) Short selling $168.33M; Ratio 15.002% dropped over 3%. BABA-W (09988.HK) -3.800 (-2.881%) Short selling $780.37M; Ratio 12.429% closed at HKD128.1, down 2.88%, while TENCENT (00700.HK) -8.000 (-1.757%) Short selling $540.13M; Ratio 8.316% ended at HKD447.2, down 1.76%.Among blue chips, SUNNY OPTICAL (02382.HK) +4.500 (+7.171%) Short selling $252.83M; Ratio 29.431% closed at HKD67.25, up 7.17%, the best performer in the morning session, after reports that Tesla, Inc. (TSLA.US) supervised FSD will be available for use in China. ZTO EXPRESS-W (02057.HK) +3.800 (+2.183%) Short selling $84.74M; Ratio 28.655% rose 2.18% after M Stanley and Citi raised their TPs following results. HSBC HOLDINGS (00005.HK) +3.200 (+2.307%) Short selling $232.03M; Ratio 17.158% closed at HKD141.9, up 2.31%. SHENZHOU INTL (02313.HK) +1.480 (+3.274%) Short selling $17.63M; Ratio 15.537% gained 3.27% after being named Citis top pick among apparel ODMs. NEW ORIENTAL-S (09901.HK) -1.760 (-4.369%) Short selling $13.99M; Ratio 23.948% slid 4.37%, the worst-performing blue chip at midday.Among individual stocks, BILIBILI-W (09626.HK) -10.400 (-6.994%) Short selling $180.85M; Ratio 21.239% fell 7% to HKD138.3 at midday after CICC lowered its TP post-results. XPENG-W (09868.HK) +3.300 (+5.695%) Short selling $314.94M; Ratio 28.095% closed the morning at HKD61.25, up 5.69%, with Citi saying its GX model will capture market share from Li Autos L8. SINGAMAS CONT (00716.HK) -0.080 (-13.559%) plunged 13.6% after the company and its chairman Cheung Chung Shing were charged with criminal antitrust violations by the US Department of Justice. GDS-SW (09698.HK) -5.180 (-13.094%) Short selling $128.41M; Ratio 24.044% reported that 1Q26 net profit more than doubled, but its shares still dropped 13.1% at midday after G Sachs said first-quarter revenue slightly missed expectations. DEEPEXI TECH (01384.HK) -9.450 (-14.988%) tumbled 14.99% after placing shares at a discount of nearly 20%. CHINA TRAVEL HK (00308.HK) +0.060 (+4.959%) Short selling $19.85M; Ratio 4.931% proposed spinning off its China Travel Hong Kong and Macau Cultural Tourism unit for a listing by introduction; the stock once surged 32% intraday before paring gains to close up nearly 5% at midday. (mn/da)(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-05-21 12:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)</div></div>

BILI

02382

09626

The HSI dipped 2 points to 25,648 at midday, with major tech stocks like BIDU-SW and BILIBILI-W down nearly 4% and 7%, respectively. SUNNY OPTICAL surged 7% after positive news from Tesla. The market saw mixed performances, with some stocks like XPENG-W gaining 5.7%, while others like SINGAMAS CONT plummeted 13.6% due to legal issues. Overall, the turnover reached HKD150.855 billion.

- US President Donald Trump announced that the handling of the Iran issue is in its final stage, while major US indices like the DJIA regained 50,000 points.  
- NVIDIA Corporation reported strong Q1 results, initiating an $80 billion share buyback and increasing its dividend, influencing market sentiment.  
- In Hong Kong, major tech stocks declined, with BIDU and KUAISHOU seeing significant losses, while SUNNY OPTICAL and XPENG gained amidst contrasting market activities.

AASTOCKS News

HSI Slips 2 pts at Midday; BIDU-SW Down ~4%; BILIBILI-W Dives 7%; SUNNY OPTICAL Soars 7%