--- title: "HSI Opens Down 248pts as AIA Slumps Over 6%, HSBC HOLDINGS Falls Over 1%; Gold Stocks Sought After" type: "News" locale: "en" url: "https://longbridge.com/en/news/295040447.md" description: "The Hang Seng Index opened down 248 points, driven by declines in major stocks like AIA and HSBC. Reports of a new 20% tax on offshore insurance gains impacted the sector. Conversely, gold stocks surged as spot gold hit near two-month highs. Tech giants Alibaba and Tencent also saw losses, while Pop Mart fell after Duan Yongping reduced his stake." datetime: "2026-08-06T01:46:42.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/295040447.md) - [en](https://longbridge.com/en/news/295040447.md) - [zh-HK](https://longbridge.com/zh-HK/news/295040447.md) --- # HSI Opens Down 248pts as AIA Slumps Over 6%, HSBC HOLDINGS Falls Over 1%; Gold Stocks Sought After US stocks' three major indices showed mixed performance, with the DJIA hitting fresh intraday and closing highs again, while the S&P 500 retreated after reaching a record peak. The HSI opened at 25,667 this morning (6th), down 248 pts or 0.96%. The HSCEI opened at 8,555, down 48 pts or 0.56%. The HSTECH opened at 4,884, down 48 pts or 0.99%. Reports said China has started imposing a 20% personal income tax on gains from offshore insurance policies. HSBC HOLDINGS (00005.HK) \-4.300 (-2.653%) Short selling $675.59M; Ratio 17.853% once plunged 7% in London overnight (5th) before closing down 4.67%. This morning, HSBC HOLDINGS (00005.HK) \-4.300 (-2.653%) Short selling $675.59M; Ratio 17.853% opened down 1.54%, while AIA (01299.HK) \-5.550 (-7.138%) Short selling $218.15M; Ratio 15.315% slumped 6.3% and PRU (02378.HK) \-5.900 (-5.189%) Short selling $258.54K; Ratio 0.981% fell 3.25%. Spot gold surged past USD4,200, hitting a near two-month high. LAOPU GOLD (06181.HK) +29.800 (+8.760%) Short selling $56.60M; Ratio 10.235% opened up 6.17%, ZIJIN MINING (02899.HK) +1.200 (+3.409%) Short selling $592.79M; Ratio 20.883% rose 5%, and ZIJIN GOLD INTL (02259.HK) +7.100 (+5.504%) Short selling $425.69M; Ratio 26.424% opened 7.75% higher. Among tech stocks, BABA-W (09988.HK) \-2.200 (-1.717%) Short selling $1.97B; Ratio 16.476% opened down 1.25%, TENCENT (00700.HK) \-5.800 (-1.178%) Short selling $1.25B; Ratio 9.898% fell 0.24%, and BIDU-SW (09888.HK) \-2.800 (-2.500%) Short selling $133.77M; Ratio 19.977% dropped 2.32%. Among blue chips, POP MART (09992.HK) \-5.400 (-3.346%) Short selling $245.49M; Ratio 23.009% opened down 3.35% after Duan Yongping reduced his stake to 5.55% due to options contracts. TECHTRONIC IND (00669.HK) \-2.500 (-1.739%) Short selling $237.59M; Ratio 14.345% fell 4.94%, while SMIC (00981.HK) \-2.250 (-3.309%) Short selling $347.12M; Ratio 5.235% and LENOVO GROUP (00992.HK) \-0.760 (-2.892%) Short selling $706.20M; Ratio 20.015% dropped more than 2%. BEONE MEDICINES (06160.HK) +1.500 (+0.755%) Short selling $255.71M; Ratio 28.958% slipped 0.35% despite the company's interim net profit surging 3.86x. On individual stocks, MANULIFE-S (00945.HK) \-6.000 (-1.712%) Short selling $105.30K; Ratio 1.102% 's 2Q26 net profit rose 17%, with the stock opening down 0.11%. BRILLIANCE CHI (01114.HK) +0.070 (+3.491%) Short selling $4.01M; Ratio 17.631% issued a profit warning, but its stock still opened 2.74% higher. MINIMAX-W (00100.HK) +20.800 (+8.195%) Short selling $209.34M; Ratio 10.424% climbed 5.52% after being added to the Stock Connect eligible list. (mn/a)(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-08-05 16:25.) ### Related Stocks - [AAGIY.US](https://longbridge.com/en/quote/AAGIY.US.md) - [HSBC.US](https://longbridge.com/en/quote/HSBC.US.md) - [SGOL.US](https://longbridge.com/en/quote/SGOL.US.md) - [GLDM.US](https://longbridge.com/en/quote/GLDM.US.md) - [GLD.US](https://longbridge.com/en/quote/GLD.US.md) - [GLL.US](https://longbridge.com/en/quote/GLL.US.md) - [GLDW.US](https://longbridge.com/en/quote/GLDW.US.md) - [IAU.US](https://longbridge.com/en/quote/IAU.US.md) - [UGL.US](https://longbridge.com/en/quote/UGL.US.md) - [HSBH.US](https://longbridge.com/en/quote/HSBH.US.md) - [00005.HK](https://longbridge.com/en/quote/00005.HK.md) - [09992.HK](https://longbridge.com/en/quote/09992.HK.md) - [01299.HK](https://longbridge.com/en/quote/01299.HK.md) - [07500.HK](https://longbridge.com/en/quote/07500.HK.md) - [00HSI.HK](https://longbridge.com/en/quote/00HSI.HK.md) - [03115.HK](https://longbridge.com/en/quote/03115.HK.md) - [07300.HK](https://longbridge.com/en/quote/07300.HK.md) - [07200.HK](https://longbridge.com/en/quote/07200.HK.md) - [02800.HK](https://longbridge.com/en/quote/02800.HK.md) - [601899.CN](https://longbridge.com/en/quote/601899.CN.md) - [518850.CN](https://longbridge.com/en/quote/518850.CN.md) - [HSBA.UK](https://longbridge.com/en/quote/HSBA.UK.md) - [GOLD.AU](https://longbridge.com/en/quote/GOLD.AU.md) - [.DJI.US](https://longbridge.com/en/quote/.DJI.US.md) - [.SPX.US](https://longbridge.com/en/quote/.SPX.US.md) - [HSCEI.HK](https://longbridge.com/en/quote/HSCEI.HK.md) - [STECH.HK](https://longbridge.com/en/quote/STECH.HK.md) - [02378.HK](https://longbridge.com/en/quote/02378.HK.md) - [PRU.UK](https://longbridge.com/en/quote/PRU.UK.md) - [PUK.US](https://longbridge.com/en/quote/PUK.US.md) - [06181.HK](https://longbridge.com/en/quote/06181.HK.md) - [02899.HK](https://longbridge.com/en/quote/02899.HK.md) - [02259.HK](https://longbridge.com/en/quote/02259.HK.md) - [09988.HK](https://longbridge.com/en/quote/09988.HK.md) - [BABA.US](https://longbridge.com/en/quote/BABA.US.md) - [00700.HK](https://longbridge.com/en/quote/00700.HK.md) - [TCEHY.US](https://longbridge.com/en/quote/TCEHY.US.md) - [09888.HK](https://longbridge.com/en/quote/09888.HK.md) - [BIDU.US](https://longbridge.com/en/quote/BIDU.US.md) - [00669.HK](https://longbridge.com/en/quote/00669.HK.md) - [00981.HK](https://longbridge.com/en/quote/00981.HK.md) - [688981.CN](https://longbridge.com/en/quote/688981.CN.md) - [00992.HK](https://longbridge.com/en/quote/00992.HK.md) - [06160.HK](https://longbridge.com/en/quote/06160.HK.md) - [00945.HK](https://longbridge.com/en/quote/00945.HK.md) - [MFC.US](https://longbridge.com/en/quote/MFC.US.md) - [01114.HK](https://longbridge.com/en/quote/01114.HK.md) - [00100.HK](https://longbridge.com/en/quote/00100.HK.md) - [DTIW.SG](https://longbridge.com/en/quote/DTIW.SG.md) - [81299.HK](https://longbridge.com/en/quote/81299.HK.md) - [K6S.SG](https://longbridge.com/en/quote/K6S.SG.md) - [HLPD.SG](https://longbridge.com/en/quote/HLPD.SG.md) - [89988.HK](https://longbridge.com/en/quote/89988.HK.md) - [HBBD.SG](https://longbridge.com/en/quote/HBBD.SG.md) - [80700.HK](https://longbridge.com/en/quote/80700.HK.md) - [HTCD.SG](https://longbridge.com/en/quote/HTCD.SG.md) - [TCTZF.US](https://longbridge.com/en/quote/TCTZF.US.md) - [89888.HK](https://longbridge.com/en/quote/89888.HK.md) - [HPPD.SG](https://longbridge.com/en/quote/HPPD.SG.md) - [TTNDY.US](https://longbridge.com/en/quote/TTNDY.US.md) - [HSMD.SG](https://longbridge.com/en/quote/HSMD.SG.md) - [80992.HK](https://longbridge.com/en/quote/80992.HK.md) - [LNVGY.US](https://longbridge.com/en/quote/LNVGY.US.md) - [688235.CN](https://longbridge.com/en/quote/688235.CN.md) - [BGNE.US](https://longbridge.com/en/quote/BGNE.US.md) ## Related News & Research - [Pop Mart sets board meeting to review interim results](https://longbridge.com/en/news/295089590.md) - [HSBC Releases 2Q 2026 Data Pack and Refines Segment Reporting](https://longbridge.com/en/news/294791271.md) - [HSBC (NYSE:HSBC) Releases Earnings Results, Beats Expectations By $0.01 EPS](https://longbridge.com/en/news/295000186.md) - [Deutsche Bank Reaffirms Their Hold Rating on HSBC Holdings (HSBA)](https://longbridge.com/en/news/294951237.md) - [HSBC Declares Second Interim Dividend of USD 0.10 per Share for 2026](https://longbridge.com/en/news/294775796.md)