<div id="readability-page-1"><div>At midday close, HSI dropped 587 pts or 2.3% to 24,740. HSTI dropped 73 pts or 1.5% to 4,833. HSCEI fell 187 pts or 2.2% to 8,275.Active Heavyweights: MEITUAN (03690.HK) -5.200 (-6.692%) Short selling $509.35M; Ratio 19.188% closed at $72.5, down 6.7% BABA (09988.HK) -3.900 (-3.138%) Short selling $932.37M; Ratio 10.106% closed at $120.4, down 3.1% TENCENT (00700.HK) -12.800 (-2.947%) Short selling $753.04M; Ratio 6.949% closed at $421.6, down 2.9% XIAOMI (01810.HK) -0.820 (-2.887%) Short selling $2.32B; Ratio 28.093% closed at $27.58, down 2.9% PING AN (02318.HK) -1.400 (-2.337%) Short selling $588.16M; Ratio 24.573% closed at $58.5, down 2.3% HKEX (00388.HK) -7.000 (-1.740%) Short selling $200.65M; Ratio 11.530% closed at $395.2, down 1.7%HSI &amp; HSCEI Constituents on Move: CMOC (03993.HK) -1.160 (-6.054%) Short selling $109.90M; Ratio 18.932% closed at $18, down 6.1% ZIJIN MINING (02899.HK) -1.940 (-5.676%) Short selling $207.99M; Ratio 11.044% closed at $32.24, down 5.7% CHINAHONGQIAO (01378.HK) -1.640 (-5.388%) Short selling $228.92M; Ratio 29.966% closed at $28.8, down 5.4% HORIZONROBOT-W (09660.HK) -0.320 (-5.360%) Short selling $528.63M; Ratio 37.890% closed at $5.65, down 5.4% HANSOH PHARMA (03692.HK) -1.740 (-5.148%) Short selling $59.27M; Ratio 25.205% closed at $32.06, down 5.1% ALI HEALTH (00241.HK) -0.170 (-4.545%) Short selling $122.30M; Ratio 32.992% closed at $3.57, down 4.5% CHOW TAI FOOK (01929.HK) -0.510 (-4.462%) Short selling $79.00M; Ratio 42.482% closed at $10.92, down 4.5% LAOPU GOLD (06181.HK) -21.400 (-4.271%) Short selling $161.62M; Ratio 32.091% closed at $479.6, down 4.3% LONGFOR (00960.HK) -0.320 (-4.066%) Short selling $32.91M; Ratio 22.875% closed at $7.55, down 4.1% PSBC (01658.HK) -0.200 (-4.008%) Short selling $50.06M; Ratio 38.096% closed at $4.79, down 4% CHINA OVERSEAS (00688.HK) -0.600 (-3.932%) Short selling $265.88M; Ratio 44.191% closed at $14.66, down 3.9% WUXI BIO (02269.HK) -1.320 (-3.919%) Short selling $79.16M; Ratio 15.120% closed at $32.36, down 3.9% JD HEALTH (06618.HK) -1.540 (-3.875%) Short selling $105.97M; Ratio 23.671% closed at $38.2, down 3.9% SINO BIOPHARM (01177.HK) -0.190 (-3.800%) Short selling $127.65M; Ratio 25.908% closed at $4.81, down 3.8% ABC (01288.HK) -0.220 (-3.780%) Short selling $234.39M; Ratio 46.681% closed at $5.6, down 3.8% XPENG-W (09868.HK) +2.350 (+3.739%) Short selling $555.98M; Ratio 44.924% closed at $65.2, up 3.7% XINYI SOLAR (00968.HK) -0.100 (-3.704%) Short selling $33.20M; Ratio 27.904% closed at $2.6, down 3.7% SMIC (00981.HK) +3.100 (+3.638%) Short selling $2.27B; Ratio 13.645% closed at $88.3, up 3.6% BIDU-SW (09888.HK) -4.600 (-3.588%) Short selling $695.71M; Ratio 35.102% closed at $123.6, down 3.6% OOIL (00316.HK) -4.700 (-3.376%) Short selling $51.85M; Ratio 32.709% closed at $134.5, down 3.4% XINYI GLASS (00868.HK) -0.340 (-3.353%) Short selling $17.45M; Ratio 29.490% closed at $9.8, down 3.4% CHINA RES MIXC (01209.HK) -1.420 (-3.346%) Short selling $61.96M; Ratio 29.000% closed at $41.02, down 3.3% CHINA LIFE (02628.HK) -0.960 (-3.329%) Short selling $461.37M; Ratio 40.305% closed at $27.88, down 3.3% JD LOGISTICS (02618.HK) -0.430 (-3.228%) Short selling $45.05M; Ratio 24.226% closed at $12.89, down 3.2% WUXI APPTEC (02359.HK) -4.100 (-3.203%) Short selling $114.75M; Ratio 20.141% closed at $123.9, down 3.2% PICC P&amp;C (02328.HK) -0.470 (-3.159%) Short selling $127.89M; Ratio 24.609% closed at $14.41, down 3.2% POP MART (09992.HK) +4.800 (+3.113%) Short selling $414.33M; Ratio 14.376% closed at $159, up 3.1% SHK PPT (00016.HK) -4.100 (-3.104%) Short selling $230.67M; Ratio 34.086% closed at $128, down 3.1% TECHTRONIC IND (00669.HK) -3.600 (-3.101%) Short selling $163.41M; Ratio 20.691% closed at $112.5, down 3.1% JD (09618.HK) -3.600 (-3.095%) Short selling $509.08M; Ratio 37.961% closed at $112.7, down 3.1% CHINA RES LAND (01109.HK) -1.060 (-3.042%) Short selling $451.36M; Ratio 32.663% closed at $33.78, down 3%HSMI &amp; HSSI Constituents on Move: QFIN-S (03660.HK) +9.520 (+19.318%) Short selling $17.60K; Ratio 0.539% closed at $58.8, up 19.3% WELLCELL H-NEW (02477.HK) +0.090 (+14.754%) Short selling $2.78M; Ratio 0.513% closed at $0.7, up 14.8% TOPSPORTS (06110.HK) +0.300 (+11.407%) Short selling $17.40M; Ratio 38.725% closed at $2.93, up 11.4% HUA HONG SEMI (01347.HK) +16.900 (+11.089%) Short selling $1.30B; Ratio 16.887% closed at $169.3, up 11.1%, hitting new high RADIANCE HLDGS (09993.HK) -0.210 (-10.194%) Short selling $1.26M; Ratio 0.075% closed at $1.85, down 10.2% LEGENDHOLDING (03396.HK) +1.030 (+7.774%) Short selling $19.94M; Ratio 3.174% closed at $14.28, up 7.8%, hitting new high MININGLAMP-W (02718.HK) +4.800 (+1.474%) Short selling $784.30K; Ratio 1.535% closed at $330.4, up 1.5%, hitting new high (HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-05-27 16:25.)</div></div>

00HSI

MPNGY

03690

01347

03396

The HSI fell 587 points (2.3%) to 24,740, while the HSTI dropped 73 points (1.5%) to 4,833. Major stocks like Meituan and Alibaba saw declines of over 6% and 3%, respectively. However, Hua Hong Semiconductor and Legend Holdings reached new highs, with Hua Hong up 11.1%. Overall, the market experienced significant short selling activity across various sectors.

- The Hang Seng Index (HSI) fell 587 points, or 2.3%, to close at 24,740, reflecting a broad decline in the market.  
- Notable declines included Meituan, Alibaba, and Tencent, with substantial short selling activity reported across various stocks.  
- Conversely, QFIN-S and Wellcell H-New saw significant gains, highlighting variability in market performance amid the overall downturn.

AASTOCKS News

Hang Seng Index

Meituan

MEITUAN

HUA HONG SEMI

LEGENDHOLDING

Alibaba

BABA-W

HSI Down 587 pts; HSTI Down 73 pts; MEITUAN Down over 6%; BABA Down over 3%; HUA HONG SEMI, LEGENDHOLDING, MININGLAMP-W Hit New Highs