<div id="readability-page-1"><div>China A-shares were softer near midday close, with the Shanghai Composite Index and Shenzhen Component Index each down about 0.2% and 0.3%. On month-end settlement day, the HSI extended losses from the past two trading days. It opened down 97 pts or 0.4% this morning (28th), with losses widening in early trading, falling below the 25,000 mark. The index once dropped 526 pts to a low of 24,802, marking a near two-month low since March 31. It last stood at 24,848, down 479 pts or 1.9%, with turnover of HKD176.059 billion.MEITUAN-W (03690.HK) -5.150 (-6.628%) Short selling $509.35M; Ratio 19.188% fell to an intraday low of HKD72.5, a more than two-year low. It last traded at HKD73.05, down 6%, the worst performer among blue chips, with turnover of HKD3.926 billion. Resource stocks ZIJIN MINING (02899.HK) -1.960 (-5.734%) Short selling $207.99M; Ratio 11.044% and CMOC (03993.HK) -1.150 (-6.002%) Short selling $109.90M; Ratio 18.932% each dropped over 5%. WUXI BIO (02269.HK) -1.300 (-3.860%) Short selling $79.16M; Ratio 15.120% and WUXI APPTEC (02359.HK) -4.000 (-3.125%) Short selling $114.75M; Ratio 20.141% each fell more than 3%. POP MART (09992.HK) +4.900 (+3.178%) Short selling $414.33M; Ratio 14.376% , which recently saw heavy stake increases by Duan Yongping, rose over 3%.Heavyweight tech stocks XIAOMI-W (01810.HK) -0.800 (-2.817%) Short selling $2.32B; Ratio 28.093% , JD-SW (09618.HK) -3.600 (-3.095%) Short selling $509.08M; Ratio 37.961% , TENCENT (00700.HK) -13.200 (-3.039%) Short selling $753.04M; Ratio 6.949% and BABA-W (09988.HK) -4.000 (-3.218%) Short selling $932.37M; Ratio 10.106% each declined more than 2%.Local property stocks SHK PPT (00016.HK) -3.900 (-2.952%) Short selling $230.67M; Ratio 34.086% , CK ASSET (01113.HK) -1.120 (-2.405%) Short selling $58.37M; Ratio 14.157% and WHARF REIC (01997.HK) -0.520 (-2.159%) Short selling $26.96M; Ratio 37.531% also each fell over 2%. Among mainland developers, CHINA OVERSEAS (00688.HK) -0.570 (-3.735%) Short selling $265.88M; Ratio 44.191% and CHINA RES LAND (01109.HK) -0.980 (-2.813%) Short selling $451.36M; Ratio 32.663% dropped more than 2%, while LONGFOR GROUP (00960.HK) -0.320 (-4.066%) Short selling $32.91M; Ratio 22.875% and CHINA RES MIXC (01209.HK) -1.380 (-3.252%) Short selling $61.96M; Ratio 29.000% slid over 3%.Changxin Technologys STAR Market IPO was approved by the listing committee. It plans to issue no more than 10.622 billion shares to raise RMB29.5 billion, set to become the largest A-share IPO this year and the second-largest IPO in STAR Market history after SMIC (688981.SH) +9.890 (+6.764%) . H-shares of SMIC (00981.HK) +2.600 (+3.052%) Short selling $2.27B; Ratio 13.645% and HUA HONG SEMI (01347.HK) +16.400 (+10.761%) Short selling $1.30B; Ratio 16.887% continued to buck the trend, rising 3.3% and 11.4% respectively.Big data and AI large-model stocks showed mixed performance. KNOWLEDGE ATLAS (02513.HK) +84.000 (+5.895%) Short selling $55.47M; Ratio 4.023% rose 7.37% against the market to HKD1,530, hitting a record high, with turnover of HKD898 million. MINIMAX-W (00100.HK) -9.000 (-1.059%) Short selling $99.32M; Ratio 3.603% and XUNCE (03317.HK) -5.400 (-2.208%) were softer. (da/u)(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-05-27 16:25.) (A Shares quote is delayed for at least 15 mins.)</div></div>

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Hong Kong stocks fell sharply, with the HSI dropping over 500 points to a near two-month low amid month-end settlements. MEITUAN-W hit a two-year low, while SMIC and HUA HONG SEMI bucked the trend with gains. KNOWLEDGE ATLAS reached a record high, rising 7.37%. Overall, the market showed mixed performance with significant declines in tech and property stocks.

- China A-shares showed weakness near midday, with the Shanghai Composite Index and Shenzhen Component Index down approximately 0.2% and 0.3%.  
- The HSI opened down 97 points and fell to a near two-month low, closing at 24,848, down 479 points or 1.9%.  
- Despite broader declines, Changxin Technology’s IPO was approved, aiming to raise RMB 29.5 billion, marking it as the largest A-share IPO this year.

AASTOCKS News

Hang Seng Index

MEITUAN

ISHARESHSI

SSE Index

Shenzhen Index

ZIJIN MINING

Zijin Mining

CMOC

WUXI BIO

WUXI APPTEC

WuXi AppTec

POP MART

XIAOMI-W

JD-SW

JD.com

TENCENT

BABA-W

Alibaba

SHK PPT

CK ASSET

WHARF REIC

CHINA OVERSEAS

CHINA RES LAND

LONGFOR GROUP

CHINA RES MIXC

SMIC

HUA HONG SEMI

Hua Hong

KNOWLEDGE ATLAS

MINIMAX-W

XUNCE

MEITUAN-WR

Meituan

Meituan HK SDR 5to1

WuXi Biologics

POP MART HK SDR 20to1

Xiaomi Corporation

XIAOMI-WR

Xiaomi HK SDR 2to1

JD-SWR

Tencent

TENCENT-R

Tencent HK SDR 10to1

Tencent Holdings Limited

BABA-WR

Alibaba HK SDR 5to1

SHK PPT-R

SMIC HK SDR 5to1

HK Stocks Once Slump Over 500 pts on Month-End Settlement; MEITUAN-W  Hits 2-Yr Low; SMIC, HUA HONG SEMI  Buck Trend; KNOWLEDGE ATLAS +7% at Record High