---
title: "HSI Opens Down 177pts; JD-SW  Slumps Over 7% Post-results, SMIC Rises Against Market 4.7%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295869659.md"
description: "The Hang Seng Index opened down 177 points, driven by pressure on leading tech stocks. JD.com shares slumped over 7% despite a 20.8% rise in Q2 non-GAAP net profit, as investors worried about increased overseas investment costs. Conversely, SMIC rose 4.7% after reporting a 261% surge in quarterly profits. Other notable movements included CK Asset falling 4.8% due to an impairment charge and AI concept stocks gaining ground ahead of DeepSeek's API price hike."
datetime: "2026-08-14T01:51:55.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295869659.md)
  - [en](https://longbridge.com/en/news/295869659.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295869659.md)
---

# HSI Opens Down 177pts; JD-SW  Slumps Over 7% Post-results, SMIC Rises Against Market 4.7%

US stocks advanced, with the latest US PPI unexpectedly flat MoM, while initial jobless claims came in slightly above market expectations, further easing expectations for a Federal Reserve rate hike in September. The S&P 500 hit fresh intraday and closing record highs, rising 0.65%. The DJIA and Nasdaq also gained 0.1% and more than 0.8%, respectively. This morning (14th), the HSI opened at 25,219, down 177 points or 0.7%; the HSCEI opened at 8,376, down 50 points or 0.59%; the HSTECH opened at 4,763, down 28 points or 0.6%.

Leading technology stocks generally came under pressure. JD-SW (09618.HK) \-10.600 (-8.618%) Short selling $186.32M; Ratio 16.226% reported a 20.8% rise in 2Q26 Non-GAAP net profit to RMB8.93 billion. The market was concerned about increased investment in overseas markets, with JD-SW ADRs falling 7.3% overnight, while its Hong Kong shares opened down 6.5% this morning. TENCENT (00700.HK) 0.000 (0.000%) Short selling $3.27B; Ratio 11.070% fell another 1.13%, while MEITUAN-W (03690.HK) \-2.900 (-3.178%) Short selling $295.07M; Ratio 15.041% and BABA-W (09988.HK) \-3.200 (-2.625%) Short selling $651.34M; Ratio 9.138% dropped more than 1%.

Among blue chips, CK ASSET (01113.HK) \-3.520 (-7.318%) Short selling $53.72M; Ratio 24.027% made a HKD6 billion impairment on HUI XIAN REIT (87001.HK) \-0.005 (-1.333%) , with CK ASSET shares opening down 4.82%. LENOVO GROUP (00992.HK) +0.280 (+0.802%) Short selling $2.00B; Ratio 16.857% , which surged 20% yesterday, opened down 4.24% this morning. JD LOGISTICS (02618.HK) \-1.360 (-9.598%) Short selling $30.09M; Ratio 16.973% fell 2.61%. CKH HOLDINGS (00001.HK) \-3.800 (-5.256%) Short selling $107.75M; Ratio 24.943% dropped 2.14% after the group said the operating environment in 2H26 remains challenging. JD HEALTH (06618.HK) +1.580 (+3.998%) Short selling $61.54M; Ratio 19.106% rose 3.09%. SMIC (00981.HK) +3.650 (+5.403%) Short selling $242.07M; Ratio 3.885% reported a 261% surge in quarterly profit and opened up 4.74% this morning. MTR CORPORATION (00066.HK) +0.820 (+2.537%) Short selling $56.33M; Ratio 53.445% gained 1.73% after interim profit more than doubled.

DeepSeek will raise API prices starting next Monday, boosting AI concept stocks. MINIMAX-W (00100.HK) +14.600 (+3.875%) Short selling $476.13M; Ratio 7.041% rose 3.5%, while Z.AI (02513.HK) +72.000 (+5.467%) Short selling $226.94M; Ratio 2.637% gained 2.96%. (mn/u)(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-08-13 16:25.)

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