--- title: "HSI Ends Down 212 pts; NTES Dives 5%; TENCENT Sags ~2%; CN Developers Leap after Midday" type: "News" locale: "en" url: "https://longbridge.com/en/news/295636791.md" description: "The Hang Seng Index closed down 212 points (0.83%) at 25,440, with major tech stocks like NetEase and Tencent declining over 2%. Conversely, Chinese property developers rallied significantly in the afternoon, driven by capital inflows and urban renewal expectations. Galaxy Entertainment and Tingyi rose after reporting positive earnings results." datetime: "2026-08-12T08:51:55.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/295636791.md) - [en](https://longbridge.com/en/news/295636791.md) - [zh-HK](https://longbridge.com/zh-HK/news/295636791.md) generator: "portal-rs" --- # HSI Ends Down 212 pts; NTES Dives 5%; TENCENT Sags ~2%; CN Developers Leap after Midday The HSI opened down 154 pts this morning (12th) and remained under pressure throughout the session, sliding more than 300 pts at one point. It concluded the day at 25,440, down 212 pts or 0.83%, with total turnover at HKD216.779 billion. The HSTECH closed at 4,776, down 47 pts or 0.99%. The HSCEI settled at 8,446, down 81 pts or 0.96%. Major techs broadly mirrored the market lower. NTES (09999.HK) -10.300 (-5.079%) Short selling $220.30M; Ratio 19.460% nosedived 5.08%; BABA-W (09988.HK) -3.800 (-3.006%) Short selling $822.07M; Ratio 10.318% slumped 3.01%; TENCENT (00700.HK) -9.200 (-1.954%) Short selling $2.01B; Ratio 15.867% , which will announce results today, closed down 1.95%; JD-SW (09618.HK) -3.500 (-2.767%) Short selling $270.21M; Ratio 22.370% , BIDU-SW (09888.HK) -2.600 (-2.486%) Short selling $210.76M; Ratio 18.890% and KUAISHOU-W (01024.HK) -1.100 (-2.580%) Short selling $310.81M; Ratio 15.835% each faded more than 2%. XIAOMI-W (01810.HK) -0.300 (-1.125%) Short selling $1.02B; Ratio 36.181% lost 1.13%. Chinese property developers rallied in the afternoon. CLSA said no specific catalyst was identified, with gains possibly driven by capital inflows and expectations for urban renewal investments. LONGFOR GROUP (00960.HK) +0.560 (+8.777%) Short selling $15.82M; Ratio 11.422% swelled 8.78%, becoming the best-performing blue chip; CHINA RES LAND (01109.HK) +2.280 (+6.968%) Short selling $296.92M; Ratio 36.260% shot up 6.97%; CHINA OVERSEAS (00688.HK) +0.590 (+4.480%) Short selling $87.23M; Ratio 16.878% mounted 4.48%; SUNAC (01918.HK) +0.050 (+8.929%) Short selling $11.50M; Ratio 3.828% elevated 8.93%; CHINA JINMAO (00817.HK) +0.190 (+13.919%) Short selling $36.91M; Ratio 13.439% soared 13.92%; GREENTOWN CHINA (03900.HK) +0.705 (+9.625%) Short selling $25.98M; Ratio 16.484% advanced 9.62%; and COUNTRY GARDEN (02007.HK) +0.009 (+4.918%) Short selling $12.83M; Ratio 10.567% mushroomed 4.92%. Among blue chips, GALAXY ENT (00027.HK) +1.220 (+3.699%) Short selling $151.25M; Ratio 30.318% spiked 3.7% after results. Citi said the company's quarterly earnings met expectations, while the 75% interim dividend payout was a positive surprise. TINGYI (00322.HK) +0.850 (+7.430%) Short selling $43.70M; Ratio 8.931% shot up 7.43% after logging a 7.1% hike in interim profit. PETROCHINA (00857.HK) -0.225 (-2.311%) Short selling $83.02M; Ratio 10.879% shed 2.31%; CKH HOLDINGS (00001.HK) -1.350 (-1.860%) Short selling $120.22M; Ratio 25.777% fell 1.86%; and HANSOH PHARMA (03692.HK) -1.320 (-3.791%) Short selling $40.34M; Ratio 9.637% declined 3.79%. (HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-08-12 16:25.) ### Related Stocks - [NTES.US](https://longbridge.com/en/quote/NTES.US.md) - [GXYYY.US](https://longbridge.com/en/quote/GXYYY.US.md) - [00322.HK](https://longbridge.com/en/quote/00322.HK.md) - [00027.HK](https://longbridge.com/en/quote/00027.HK.md) - [09999.HK](https://longbridge.com/en/quote/09999.HK.md) - [07500.HK](https://longbridge.com/en/quote/07500.HK.md) - [03115.HK](https://longbridge.com/en/quote/03115.HK.md) - [07300.HK](https://longbridge.com/en/quote/07300.HK.md) - [00HSI.HK](https://longbridge.com/en/quote/00HSI.HK.md) - [07200.HK](https://longbridge.com/en/quote/07200.HK.md) - [02800.HK](https://longbridge.com/en/quote/02800.HK.md) - [159768.CN](https://longbridge.com/en/quote/159768.CN.md) ## Related News & Research - [Money Managers Turn Bullish On China Despite Mounting Economic Woes](https://longbridge.com/en/news/296554795.md) - [HSI Turns Lower at Midday by 64 pts; MEITUAN-W Slumps 6%+; XPENG-W Slides ~10% After Results; Kingboard Series Rallies](https://longbridge.com/en/news/296860365.md) - [NetEase declares USD 0.096 per share Q2 dividend](https://longbridge.com/en/news/296461799.md) - [Full Transcript: NetEase Q2 2026 Earnings Call](https://longbridge.com/en/news/296498824.md) - [Jefferies Cites NTES as Confident in Long-term Operation of 'Naraka: Bladepoint'; Rating Maintained at 'Buy'](https://longbridge.com/en/news/296564393.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**