<div id="readability-page-1" class="page"><div>At midday close, HSI dropped 357 pts or 1.4% to 25,276. HSTI dropped 72 pts or 1.4% to 4,984. HSCEI fell 90 pts or 1.0% to 8,506.Active Heavyweights: BABA (09988.HK) -3.100 (-2.449%) Short selling $1.79B; Ratio 15.422% closed at $123.5, down 2.4% MEITUAN (03690.HK) -1.850 (-2.301%) Short selling $2.80B; Ratio 41.171% closed at $78.55, down 2.3% TENCENT (00700.HK) -9.000 (-1.930%) Short selling $2.91B; Ratio 12.669% closed at $457.4, down 1.9% XIAOMI (01810.HK) -0.220 (-0.770%) Short selling $1.44B; Ratio 35.083% closed at $28.36, down 0.8%HSI &amp; HSCEI Constituents on Move: CMOC (03993.HK) -1.140 (-5.746%) Short selling $145.07M; Ratio 22.973% closed at $18.7, down 5.7% CATL (03750.HK) -38.000 (-4.884%) Short selling $1.09B; Ratio 37.099% closed at $740, down 4.9% CHINAHONGQIAO (01378.HK) -1.340 (-4.653%) Short selling $578.77M; Ratio 42.816% closed at $27.46, down 4.7% AIA (01299.HK) -3.350 (-4.073%) Short selling $1.01B; Ratio 29.461% closed at $78.9, down 4.1% LENOVO GROUP (00992.HK) -0.920 (-3.520%) Short selling $1.65B; Ratio 21.508% closed at $25.22, down 3.5% LI AUTO (02015.HK) -2.050 (-3.469%) Short selling $324.42M; Ratio 38.307% closed at $57.05, down 3.5% ALI HEALTH (00241.HK) -0.120 (-3.279%) Short selling $160.50M; Ratio 30.817% closed at $3.54, down 3.3%HSMI &amp; HSSI Constituents on Move: QUANTGROUP (02685.HK) +1.810 (+16.175%) Short selling $16.47K; Ratio 0.051% closed at $13, up 16.2% GOFINTECH-500 (00290.HK) -0.800 (-15.936%) Short selling $2.49M; Ratio 1.832% closed at $4.22, down 15.9% LUYE PHARMA (02186.HK) -0.280 (-12.903%) Short selling $15.43M; Ratio 22.472% closed at $1.89, down 12.9% RADIANCE HLDGS (09993.HK) +0.170 (+12.593%) Short selling $173.70K; Ratio 0.121% closed at $1.52, up 12.6% CGN MINING (01164.HK) -0.370 (-10.541%) Short selling $28.40M; Ratio 9.947% closed at $3.14, down 10.5% GUOXIA TECH (02655.HK) -2.460 (-10.397%) Short selling $1.86M; Ratio 0.249% closed at $21.2, down 10.4% (HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-06-03 16:25.)</div></div>

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At midday, the Hang Seng Index (HSI) fell 357 points (1.4%) to 25,276, while the HSTI dropped 72 points (1.4%) to 4,984 and HSCEI declined 90 points (1.0%) to 8,506. Major tech stocks including Alibaba, Meituan, and Tencent saw declines of over 2%. CMOC led constituents on move with a drop of nearly 6%, while CATL and China Hongqiao also fell significantly. Conversely, Quantgroup surged over 16%.

- At midday, the Hang Seng Index (HSI) fell by 357 points or 1.4% to 25,276, while the Hang Seng Tech Index (HSTI) decreased by 72 points or 1.4% to 4,984.  
- Major declines were observed in companies like BABA, MEITUAN, and TENCENT, with short selling ratios reaching high levels.  
- Notably, QUANTGROUP saw a significant increase of 16.2%, contrasting with several stocks that experienced substantial losses, indicative of market volatility.

HSI Down 357 pts; HSTI Down 72 pts; CMOC Down over 5%