US stocks declined overnight (6 Aug), with the DJIA ending its five-day winning streak, falling 464 points or 0.9%. The S&P 500 and Nasdaq slipped 0.2% and 0.1%, respectively. This morning (7 Aug), the HSI opened down 3 points before reversing higher. It closed at 25,668 points, up 137 points or 0.54%, with full-day turnover reaching HKD259.686 billion. The HSCEI closed at 8,531 points, up 32 points or 0.39%, while the HSTECH closed at 4,858 points, up 37 points or 0.78%.

Healthcare and biotech stocks stood out, led by the WUXI series. WUXI BIO (02269.HK) +4.480 (+10.826%) Short selling $316.63M; Ratio 9.336% surged 10.83%, becoming the best-performing blue chip of the day. WUXI APPTEC (02359.HK) +12.600 (+7.012%) Short selling $737.96M; Ratio 36.114% hit a record high of HKD193 and closed up 7.01% at HKD192.3. WUXI XDC (02268.HK) +6.550 (+11.823%) Short selling $129.42M; Ratio 21.300% also gained 11.82%. BEONE MEDICINES (06160.HK) +10.500 (+5.263%) Short selling $353.24M; Ratio 19.077% rose 5.26% after upbeat broker comments following earnings. INNOVENT BIO (01801.HK) +3.900 (+4.288%) Short selling $150.12M; Ratio 8.911% gained 4.29%, while HANSOH PHARMA (03692.HK) +1.240 (+3.914%) Short selling $75.64M; Ratio 20.444% and SBP GROUP (01177.HK) +0.165 (+3.347%) Short selling $69.26M; Ratio 15.554% climbed more than 3%.

UBS forecast gold prices could reach USD5,000 in 1H27. ZIJIN MINING (02899.HK) +1.100 (+3.116%) Short selling $536.13M; Ratio 19.088% rose 3.12%, while ZIJIN GOLD INTL (02259.HK) +5.700 (+4.338%) Short selling $661.81M; Ratio 39.952% , CHINAGOLDINTL (02099.HK) +8.200 (+3.988%) Short selling $58.63M; Ratio 9.119% , LINGBAO GOLD (03330.HK) +1.480 (+6.549%) Short selling $24.97M; Ratio 4.341% , and ZHAOJIN MINING (01818.HK) +0.560 (+2.397%) Short selling $147.12M; Ratio 26.739% gained 4.34%, 3.99%, 6.55%, and 2.4%, respectively.

Among tech stocks, TENCENT (00700.HK) -0.400 (-0.083%) Short selling $603.12M; Ratio 7.729% edged down 0.08%, BABA-W (09988.HK) -0.600 (-0.482%) Short selling $732.96M; Ratio 10.201% fell 0.48%, JD-SW (09618.HK) +0.200 (+0.157%) Short selling $119.07M; Ratio 17.921% added 0.16%, while XIAOMI-W (01810.HK) +0.200 (+0.745%) Short selling $878.06M; Ratio 22.264% and NTES (09999.HK) +2.200 (+1.084%) Short selling $438.41M; Ratio 39.266% rose 0.74% and 1.08%, respectively.

Among blue chips, WHARF REIC (01997.HK) +2.080 (+6.933%) Short selling $116.08M; Ratio 20.254% gained 6.93%, continuing to benefit from strong earnings results. LENOVO GROUP (00992.HK) +2.160 (+8.327%) Short selling $613.37M; Ratio 19.095% advanced 8.33% after M Stanley raised its TP. Brokers said the impact from China's proposed 20% personal income tax on offshore policy gains would be limited. AIA (01299.HK) +1.000 (+1.367%) Short selling $407.11M; Ratio 12.207% rose 1.37%, while HSBC HOLDINGS (00005.HK) +1.100 (+0.687%) Short selling $285.54M; Ratio 15.143% added 0.69%.

DeepSeek announced price increases, while Alibaba's next-generation AI large model is reportedly set to charge commercial users, signaling that Mainland China's large AI models may move away from low-price strategies. The two AI model stocks rallied, with Z.AI (02513.HK) +159.000 (+14.627%) Short selling $181.79M; Ratio 1.709% surging 14.63% and MINIMAX-W (00100.HK) +29.200 (+9.825%) Short selling $1.48B; Ratio 13.010% jumping 9.83%.

CCL and PCB-related stocks tracked gains among A-share peers. KB LAMINATES (01888.HK) +3.460 (+9.914%) Short selling $792.79M; Ratio 9.991% surged nearly 10%, KINGBOARD HLDG (00148.HK) +2.800 (+6.315%) Short selling $165.08M; Ratio 5.631% rose 6.31%, CFMEE (09630.HK) +27.400 (+8.035%) gained 8.04%, VGT (02476.HK) +25.200 (+10.909%) Short selling $70.52M; Ratio 2.502% climbed 10.91%, and HANS CNC (03200.HK) +7.100 (+6.927%) Short selling $3.17M; Ratio 0.667% advanced 6.93%.

Mainland China's eight major polysilicon producers proposed not selling photovoltaic products below cost. GCL TECH (03800.HK) +0.060 (+8.955%) Short selling $35.61M; Ratio 9.850% rose 8.96%, XINTE ENERGY (01799.HK) +0.540 (+13.534%) Short selling $2.51M; Ratio 8.116% surged 13.53%, and XINYI SOLAR (00968.HK) +0.120 (+5.172%) Short selling $53.22M; Ratio 18.159% gained 5.17%.

PACIFIC BASIN (02343.HK) +0.460 (+13.772%) Short selling $14.65M; Ratio 3.788% jumped more than 13% after the company reported interim profit growth of 3.1x and an almost 8.7x surge in dividends. Other shipping stocks also moved higher, with OOIL (00316.HK) +4.700 (+3.266%) Short selling $31.56M; Ratio 18.038% up 3.27%, SITC (01308.HK) +0.960 (+2.494%) Short selling $29.56M; Ratio 22.803% and COSCO SHIP ENGY (01138.HK) +0.370 (+2.577%) Short selling $18.68M; Ratio 10.887% rising more than 2%, and COSCO SHIP HOLD (01919.HK) +0.290 (+1.917%) Short selling $12.08M; Ratio 7.781% gaining 1.92%. (mn/da)(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-08-07 16:25.)