US stocks descended for a second straight session overnight (11th), with the three major indices declining 0.3-0.6%, while rising uncertainty in the Middle East situation continued to push oil prices higher.

The HSI opened at 25,498 this morning (12th), down 154 points or 0.6%. The HSTECH opened at 4,785, down 38 points or 0.8%. The HSCEI opened at 8,479, down 48 points or 0.57%.

Major techs broadly came under pressure alongside the broader market. TENCENT (00700.HK) -11.400 (-2.421%) Short selling $1.23B; Ratio 13.311% , which is scheduled to announce results today, opened down 1.32%. BABA-W (09988.HK) -3.300 (-2.611%) Short selling $1.67B; Ratio 17.604% and JD-SW (09618.HK) -3.400 (-2.688%) Short selling $156.00M; Ratio 14.473% also opened down more than 1%. MEITUAN-W (03690.HK) -1.950 (-2.096%) Short selling $537.68M; Ratio 17.063% , BIDU-SW (09888.HK) -1.400 (-1.338%) Short selling $216.72M; Ratio 28.695% and XIAOMI-W (01810.HK) -0.320 (-1.200%) Short selling $939.28M; Ratio 28.980% opened down less than 1%.

Among blue chips, TINGYI (00322.HK) +0.560 (+4.895%) Short selling $36.83M; Ratio 28.384% opened nearly 3% higher after the company logged a 7.1% hike in interim profit. LENOVO GROUP (00992.HK) -0.340 (-1.191%) Short selling $458.39M; Ratio 16.966% opened down 2.03%, while LAOPU GOLD (06181.HK) +2.800 (+0.773%) Short selling $261.90M; Ratio 22.974% opened up 1.77%.

Among individuals, TME-SW (01698.HK) -4.860 (-12.604%) Short selling $22.39M; Ratio 22.307% was subdued after results, opening down 11.41%. MMG (01208.HK) +0.175 (+1.948%) Short selling $40.27M; Ratio 8.787% opened 5.62% higher after the company reported a 1.64x spike in 1H profit, reaching a record interim earnings high. MINIMAX-W (00100.HK) +12.600 (+3.841%) Short selling $312.16M; Ratio 9.358% bucked the market trend and opened 2.99% higher.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-08-11 16:25.)