<div id="readability-page-1"><div>At close, HSI dropped 387 pts or 1.6% to 23,924. HSTI dropped 64 pts or 1.4% to 4,604. HSCEI fell 167 pts or 2.1% to 7,976. Market turnover reached $358.71 billion.Active Heavyweights: PING AN (02318.HK) -2.250 (-4.011%) Short selling $890.16M; Ratio 20.382% closed at $53.85, down 4% MEITUAN (03690.HK) -2.600 (-3.495%) Short selling $1.29B; Ratio 26.104% closed at $71.8, down 3.5% XIAOMI (01810.HK) -0.840 (-3.304%) Short selling $966.24M; Ratio 19.658% closed at $24.58, down 3.3% BABA (09988.HK) -2.000 (-1.871%) Short selling $2.14B; Ratio 12.843% closed at $104.9, down 1.9% TENCENT (00700.HK) -5.200 (-1.167%) Short selling $1.20B; Ratio 9.104% closed at $440.2, down 1.2%HSI &amp; HSCEI Constituents on Move: CHINA OVERSEAS (00688.HK) -1.340 (-8.993%) Short selling $369.74M; Ratio 22.781% closed at $13.56, down 9% CHINA RES LAND (01109.HK) -2.540 (-7.337%) Short selling $610.18M; Ratio 25.589% closed at $32.08, down 7.3% LONGFOR (00960.HK) -0.510 (-6.773%) Short selling $107.47M; Ratio 29.437% closed at $7.02, down 6.8% CHINA LIFE (02628.HK) -1.980 (-6.600%) Short selling $457.90M; Ratio 21.840% closed at $28.02, down 6.6% XINYI GLASS (00868.HK) -0.530 (-5.436%) Short selling $24.41M; Ratio 33.247% closed at $9.22, down 5.4% WUXI APPTEC (02359.HK) +6.200 (+5.061%) Short selling $219.18M; Ratio 37.768% closed at $128.7, up 5.1% LENOVO GROUP (00992.HK) -1.100 (-4.421%) Short selling $993.12M; Ratio 25.270% closed at $23.78, down 4.4% AKESO (09926.HK) +3.650 (+4.350%) Short selling $479.38M; Ratio 34.755% closed at $87.55, up 4.4% CHINAHONGQIAO (01378.HK) -1.020 (-4.293%) Short selling $664.45M; Ratio 26.955% closed at $22.74, down 4.3% POP MART (09992.HK) -7.000 (-4.086%) Short selling $367.50M; Ratio 9.697% closed at $164.3, down 4.1% BEIGENE (06160.HK) +6.300 (+4.003%) Short selling $207.77M; Ratio 20.845% closed at $163.7, up 4% LI AUTO (02015.HK) -1.900 (-3.525%) Short selling $143.67M; Ratio 15.466% closed at $52, down 3.5% WH GROUP (00288.HK) -0.310 (-3.491%) Short selling $236.92M; Ratio 35.986% closed at $8.57, down 3.5% XPENG-W (09868.HK) -1.850 (-3.468%) Short selling $265.80M; Ratio 27.386% closed at $51.5, down 3.5% HORIZONROBOT-W (09660.HK) -0.150 (-3.425%) Short selling $278.05M; Ratio 22.519% closed at $4.23, down 3.4% PICC P&amp;C (02328.HK) -0.500 (-3.215%) Short selling $136.45M; Ratio 19.371% closed at $15.05, down 3.2% WUXI BIO (02269.HK) +0.960 (+3.215%) Short selling $170.94M; Ratio 20.697% closed at $30.82, up 3.2% CHINA TELECOM (00728.HK) -0.150 (-3.185%) Short selling $54.20M; Ratio 9.523% closed at $4.56, down 3.2% BEKE-W (02423.HK) -1.300 (-3.169%) Short selling $241.92M; Ratio 23.632% closed at $39.72, down 3.2% ZIJIN MINING (02899.HK) -1.020 (-3.082%) Short selling $336.06M; Ratio 12.775% closed at $32.08, down 3.1% SANDS CHINA LTD (01928.HK) -0.440 (-3.070%) Short selling $86.96M; Ratio 16.954% closed at $13.89, down 3.1% CITIC (00267.HK) -0.390 (-3.049%) Short selling $131.46M; Ratio 20.141% closed at $12.4, down 3% BUD APAC (01876.HK) -0.200 (-3.008%) Short selling $58.93M; Ratio 33.117% closed at $6.45, down 3% HSBC HOLDINGS (00005.HK) +1.000 (+0.676%) Short selling $458.06M; Ratio 10.992% closed at $149, up 0.7%, hitting new highHSMI &amp; HSSI Constituents on Move: HASHKEY HLDGS (03887.HK) -0.700 (-24.911%) closed at $2.11, down 24.9% QUANTGROUP (02685.HK) +2.370 (+21.180%) closed at $13.56, up 21.2% ILUVATAR COREX (09903.HK) +110.000 (+21.154%) Short selling $76.46M; Ratio 3.763% closed at $630, up 21.2% BRILLIANCE CHI (01114.HK) -0.440 (-17.460%) Short selling $52.41M; Ratio 15.396% closed at $2.08, down 17.5% FUFENG GROUP (00546.HK) -0.890 (-16.390%) Short selling $18.92M; Ratio 15.657% closed at $4.54, down 16.4% CAOCAO INC (02643.HK) -5.380 (-16.146%) Short selling $2.27M; Ratio 0.682% closed at $27.94, down 16.1% INSILICO (03696.HK) +4.660 (+13.836%) Short selling $41.04M; Ratio 12.157% closed at $38.34, up 13.8% QINGSONG HEALTH (02661.HK) +1.420 (+11.415%) closed at $13.86, up 11.4% JF SMARTINVEST (09636.HK) -3.200 (-11.315%) Short selling $3.33M; Ratio 2.394% closed at $25.08, down 11.3% KINGBOARD HLDG (00148.HK) +10.100 (+8.670%) Short selling $933.71M; Ratio 15.372% closed at $126.6, up 8.7%, hitting new high KB LAMINATES (01888.HK) +3.300 (+3.727%) Short selling $975.87M; Ratio 11.102% closed at $91.85, up 3.7%, hitting new high (HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-06-18 16:25.)</div></div>

03690

00HSI

STECH

The Hang Seng Index fell 1.6% to 23,924, while the Hang Seng Tech Index dropped 1.4%. Major tech stocks including Ping An, Meituan, and Xiaomi declined over 3%, weighed down by significant short selling activity. Conversely, HSBC Holdings, Kingboard Hldg, and KB Laminates reached new highs. Market turnover rose to HK$358.71 billion.

- The Hong Kong stock market saw significant declines, with the HSI dropping 387 points (1.6%) to 23,924.  
- Major contributors to the downturn included PING AN, MEITUAN, and CHINA OVERSEAS, all exhibiting notable short selling activity.  
- In contrast, some stocks like WUXI APPTEC and QUANTGROUP showed gains despite the overall market trend, highlighting volatility in specific sectors.

AASTOCKS News

MEITUAN

Hang Seng Index

Hang Seng TECH Index

Ping An Insurance

HSBC Holdings Plc

KINGBOARD HLDG

HSBC HOLDINGS

Meituan

PING AN

HSBC

KB LAMINATES

Ping An

ISHARESHSI

TRACKER FUND

FL2 CSOP HSI

FI CSOP HSI

FI2 CSOP HSI

HSTECH ETF

CSOP HS TECH

ISHARESHSTECH

XL2CSOPHSTECH

XI2CSOPHSTECH

FL2CSOPNASDAQ

HSBC Holdings plc ADRhedged

HSI Down 387 pts; HSTI Down 64 pts; PING AN Down over 4%; MEITUAN Down over 3%; XIAOMI Down over 3%; HSBC HOLDINGS, KINGBOARD HLDG, KB LAMINATES Hit New Highs; Market Turnover Rises