--- title: "HSI Ends Down 385 pts as AIA Slumps ~6%; WHARF REIC Leaps 13%+ Post-results; MINIMAX Rallies 17%" type: "News" locale: "en" url: "https://longbridge.com/en/news/295079506.md" description: "The Hang Seng Index closed down 385 points (1.49%) at 25,530 on August 6, driven by broad declines in tech, insurance, and property sectors. Major insurers like AIA and FWD slumped over 5%, while big techs fell more than 2%. Conversely, WHARF REIC surged 13.7% following positive results, and AI stock MINIMAX rallied 17.1%. CLP Holdings reported a 6.6% profit increase." datetime: "2026-08-06T08:56:42.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/295079506.md) - [en](https://longbridge.com/en/news/295079506.md) - [zh-HK](https://longbridge.com/zh-HK/news/295079506.md) generator: "portal-rs" --- # HSI Ends Down 385 pts as AIA Slumps ~6%; WHARF REIC Leaps 13%+ Post-results; MINIMAX Rallies 17% The HSI opened down 248 pts this morning (6th), with losses steepening to more than 520 pts at one point to a trough of 25,389. The index closed at 25,530, down 385 pts or 1.49%, with turnover of HKD255.227 billion. The HSTECH finished at 4,820, down 112 pts or 2.28%, while the HSCEI closed at 8,498, down 105 pts or 1.22%. Major techs were broadly subdued. BABA-W (09988.HK) -3.700 (-2.888%) Short selling $704.33M; Ratio 8.420% , XIAOMI-W (01810.HK) -0.780 (-2.822%) Short selling $1.07B; Ratio 19.737% , KUAISHOU-W (01024.HK) -1.240 (-2.726%) Short selling $135.28M; Ratio 9.365% , TENCENT (00700.HK) -13.000 (-2.641%) Short selling $978.35M; Ratio 9.307% and JD-SW (09618.HK) -2.700 (-2.077%) Short selling $189.10M; Ratio 23.682% all dived more than 2%. China has reportedly begun levying a 20% personal income tax on gains from offshore insurance policies. However, Citi said structural demand for Hong Kong insurance remains solid, adding that the current selloff is panic-driven and excessive. HSBC HOLDINGS (00005.HK) -2.000 (-1.234%) Short selling $355.06M; Ratio 10.980% shed 1.23%; AIA (01299.HK) -4.600 (-5.916%) Short selling $1.11B; Ratio 15.872% tumbled 5.92%; PRU (02378.HK) -5.200 (-4.573%) Short selling $4.61M; Ratio 14.364% slipped 4.57%; and FWD (01828.HK) -1.760 (-5.591%) Short selling $1.92M; Ratio 13.954% lost 5.59%. Local property stocks were also dragged lower, with SHK PPT (00016.HK) -5.700 (-4.684%) Short selling $394.66M; Ratio 26.487% down 4.68%; HANG LUNG PPT (00101.HK) -0.265 (-3.466%) Short selling $23.09M; Ratio 23.644% down 3.47%; CK ASSET (01113.HK) -1.380 (-2.864%) Short selling $49.88M; Ratio 21.602% and HENDERSON LAND (00012.HK) -0.780 (-2.760%) Short selling $94.87M; Ratio 29.439% both down more than 2%. AI-related stocks jumbled. MINIMAX-W (00100.HK) +43.400 (+17.100%) Short selling $870.34M; Ratio 10.126% , newly added to the Southbound Stock Connect list, leapfrogged 17.1% for the day. Z.AI (02513.HK) +46.000 (+4.419%) Short selling $124.61M; Ratio 2.148% soared 4.42%, while XUNCE (03317.HK) -7.100 (-5.217%) Short selling $3.89M; Ratio 0.733% slid 5.22%. Among blue chips, WHARF REIC (01997.HK) +3.620 (+13.723%) Short selling $262.98M; Ratio 23.416% announced results at noon and received bullish calls from multiple brokers. Its share price once mushroomed 32% before closing up 13.72%, making it the best-performing blue chip of the day. CATL (03750.HK) -33.371 (-5.046%) Short selling $1.12B; Ratio 44.788% plunged 5.05%. CLP HOLDINGS (00002.HK) -0.150 (-0.196%) Short selling $49.11M; Ratio 21.218% reported a 6.6% increase in interim profit, while maintaining its second interim DPS at HKD0.63. (HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-08-06 16:25.) ### Related Stocks - [AAGIY.US](https://longbridge.com/en/quote/AAGIY.US.md) - [01997.HK](https://longbridge.com/en/quote/01997.HK.md) - [00002.HK](https://longbridge.com/en/quote/00002.HK.md) - [01299.HK](https://longbridge.com/en/quote/01299.HK.md) - [00100.HK](https://longbridge.com/en/quote/00100.HK.md) - [03115.HK](https://longbridge.com/en/quote/03115.HK.md) - [00HSI.HK](https://longbridge.com/en/quote/00HSI.HK.md) - [02800.HK](https://longbridge.com/en/quote/02800.HK.md) - [07200.HK](https://longbridge.com/en/quote/07200.HK.md) - [07300.HK](https://longbridge.com/en/quote/07300.HK.md) - [07500.HK](https://longbridge.com/en/quote/07500.HK.md) - [STECH.HK](https://longbridge.com/en/quote/STECH.HK.md) - [HSCEI.HK](https://longbridge.com/en/quote/HSCEI.HK.md) - [09988.HK](https://longbridge.com/en/quote/09988.HK.md) - [01810.HK](https://longbridge.com/en/quote/01810.HK.md) - [01024.HK](https://longbridge.com/en/quote/01024.HK.md) - [00700.HK](https://longbridge.com/en/quote/00700.HK.md) - [09618.HK](https://longbridge.com/en/quote/09618.HK.md) - [C.US](https://longbridge.com/en/quote/C.US.md) - [00005.HK](https://longbridge.com/en/quote/00005.HK.md) - [02378.HK](https://longbridge.com/en/quote/02378.HK.md) - [01828.HK](https://longbridge.com/en/quote/01828.HK.md) - [00016.HK](https://longbridge.com/en/quote/00016.HK.md) - [00101.HK](https://longbridge.com/en/quote/00101.HK.md) - [01113.HK](https://longbridge.com/en/quote/01113.HK.md) - [00012.HK](https://longbridge.com/en/quote/00012.HK.md) - [02513.HK](https://longbridge.com/en/quote/02513.HK.md) - [03317.HK](https://longbridge.com/en/quote/03317.HK.md) - [300750.CN](https://longbridge.com/en/quote/300750.CN.md) - [81299.HK](https://longbridge.com/en/quote/81299.HK.md) - [BABA.US](https://longbridge.com/en/quote/BABA.US.md) - [89988.HK](https://longbridge.com/en/quote/89988.HK.md) - [HBBD.SG](https://longbridge.com/en/quote/HBBD.SG.md) - [XIACY.US](https://longbridge.com/en/quote/XIACY.US.md) - [81810.HK](https://longbridge.com/en/quote/81810.HK.md) - [HXXD.SG](https://longbridge.com/en/quote/HXXD.SG.md) - [81024.HK](https://longbridge.com/en/quote/81024.HK.md) - [TCEHY.US](https://longbridge.com/en/quote/TCEHY.US.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) - [89618.HK](https://longbridge.com/en/quote/89618.HK.md) - [JD.US](https://longbridge.com/en/quote/JD.US.md) - [C-R.US](https://longbridge.com/en/quote/C-R.US.md) - [DTIW.SG](https://longbridge.com/en/quote/DTIW.SG.md) - [HSBA.UK](https://longbridge.com/en/quote/HSBA.UK.md) - [HSBC.US](https://longbridge.com/en/quote/HSBC.US.md) - [K6S.SG](https://longbridge.com/en/quote/K6S.SG.md) - [PRU.UK](https://longbridge.com/en/quote/PRU.UK.md) - [PUK.US](https://longbridge.com/en/quote/PUK.US.md) - [80016.HK](https://longbridge.com/en/quote/80016.HK.md) - [HCCD.SG](https://longbridge.com/en/quote/HCCD.SG.md) - [03750.HK](https://longbridge.com/en/quote/03750.HK.md) ## Related News & Research - [Money Managers Turn Bullish On China Despite Mounting Economic Woes](https://longbridge.com/en/news/296554795.md) - [AIA Group: Double-digit growth in key metrics and robust capital returns position the group to exceed earnings targets](https://longbridge.com/en/news/296405870.md) - [AIA Posts Record VONB and Signals Faster Earnings Growth in Strong First Half](https://longbridge.com/en/news/296405932.md) - [AIA: Promising Demand from MCVs](https://longbridge.com/en/news/296437720.md) - [UBS Trims AIA TP Slightly to HKD102; Strong Demand from MCVs to HK; Buy Rating Kept](https://longbridge.com/en/news/296565974.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**