US stocks advanced overnight (21st) as semiconductor shares continued to rebound, with the Nasdaq closing up 1.29% and the DJIA up 385 pts. This morning (22nd), Asia-Pacific markets moved higher, with South Korea's KOSPI leaping more than 5%.

The HSI opened at 24,978, down 153 pts or 0.61%; the HSCEI opened at 8,287, down 73 pts or 0.88%; and the HSTECH opened at 4,780, down 34 pts or 0.71%.

Major active tech stocks shrank broadly. MEITUAN-W (03690.HK) -3.000 (-3.521%) Short selling $697.53M; Ratio 24.468% opened down 2%; TENCENT (00700.HK) -19.600 (-4.135%) Short selling $1.88B; Ratio 18.494% and JD-SW (09618.HK) -2.600 (-2.147%) Short selling $569.65M; Ratio 32.428% dipped more than 1%; BABA-W (09988.HK) -2.400 (-2.051%) Short selling $2.69B; Ratio 23.223% and BIDU-SW (09888.HK) -2.300 (-2.146%) Short selling $294.88M; Ratio 28.153% lost nearly 1%; and NTES (09999.HK) -8.600 (-4.127%) Short selling $403.21M; Ratio 27.244% opened down 3.26%.

Among blue chips, LENOVO GROUP (00992.HK) +0.640 (+2.754%) Short selling $524.18M; Ratio 22.791% leaped 3.96% after the company said AI server orders topped USD21 billion and proposed a USD100 billion revenue target within two years. SMIC (00981.HK) +0.350 (+0.464%) Short selling $2.04B; Ratio 15.211% gained 1.72%. ZIJIN MINING (02899.HK) +1.380 (+4.378%) Short selling $577.42M; Ratio 29.855% added 3.11%. HSBC HOLDINGS (00005.HK) +1.200 (+0.767%) Short selling $156.25M; Ratio 10.274% rose 0.58%.

SK hynix Inc. (SKHY.US) skyrocketed 13.75% overnight, while in Hong Kong XL2CSOPHYNIX (07709.HK) +7.700 (+13.322%) Short selling $2.76B; Ratio 28.092% opened 14.98% higher; XL2CSOPSMSN (07747.HK) +8.660 (+9.709%) Short selling $289.08M; Ratio 20.388% opened up 10.2%.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-07-21 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)