<div id="readability-page-1" class="page"><div>The HSI closed at 24,249.29, down 158 points or 0.65%, with total turnover at HKD284.135 billion. The HSTECH closed at 4,655, down 69 points or 1.46%, while the HSCEI closed at 8,217, down 101 points or 1.22%.Local financials rebounded after JP Morgan and Goldman Sachs said the impact of new mainland cross-border investment rules would be limited. HSBC HOLDINGS (00005.HK) +3.200 (+2.365%) Short selling $684.45M; Ratio 28.338% and STANCHART (02888.HK) +3.900 (+2.060%) Short selling $17.47M; Ratio 4.430% leaped over 2%. AIA (01299.HK) +3.500 (+4.982%) Short selling $1.23B; Ratio 21.597% soared nearly 5%, making it the best-performing blue chip of the day.Taobao &amp; Tmall and JD were summoned by the Beijing market regulator, suppressing techs. BABA-W (09988.HK) -6.100 (-5.374%) Short selling $2.11B; Ratio 12.165% plunged 5.37%, the worst-performing blue chip; BIDU-SW (09888.HK) -3.600 (-3.085%) Short selling $392.84M; Ratio 35.594% tumbled 3.08%; JD-SW (09618.HK) -3.300 (-2.941%) Short selling $554.54M; Ratio 39.886% slid 2.94%; TENCENT (00700.HK) -8.400 (-1.804%) Short selling $2.30B; Ratio 17.433% and MEITUAN-W (03690.HK) -0.900 (-1.139%) Short selling $734.52M; Ratio 26.848% dropped over 1%; NTES-S (09999.HK) +3.400 (+1.749%) Short selling $713.49M; Ratio 33.878% bucked the trend, rising 1.75%.Chip stocks had a good run. SMIC (00981.HK) +0.950 (+1.313%) Short selling $869.41M; Ratio 15.036% and HUA HONG GRACE (01347.HK) +2.000 (+1.457%) Short selling $476.07M; Ratio 12.716% added over 1%; MONTAGE TECH (06809.HK) +19.800 (+5.736%) Short selling $50.71M; Ratio 4.862% and GIGADEVICE (03986.HK) +33.000 (+5.046%) Short selling $80.37M; Ratio 6.071% surged over 5%; XL2CSOPHYNIX (07709.HK) +7.660 (+7.789%) Short selling $3.62B; Ratio 41.295% jumped up 7.79%. (HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-06-11 16:25.)</div></div>

HSCEI

09618

00HSI

The Hang Seng Index closed down 0.65% at 24,249.29, with the HSTECH and HSCEI also declining. Local financials like HSBC and AIA rebounded on positive sentiment regarding cross-border investment rules. Conversely, tech stocks slumped after Taobao & Tmall and JD were summoned by regulators, with Alibaba falling over 5%. Chip stocks performed well, with Montage Tech and Gigadevice surging more than 5%.

- The HSI closed at 24,249.29, down 158 points or 0.65%, with a total turnover of HKD 284.135 billion.  
- Local financials, such as HSBC and AIA, rebounded despite declines in major tech stocks like Alibaba and Tencent, following reports of limited impact from new investment rules.  
- Chip stocks performed well, with notable increases in companies like Montage Tech and Gigadevice, while short selling continued to dominate the market.

AASTOCKS News

Hang Seng China Enterprises Index

JD-SW

Hang Seng Index

HSBC

GIGADEVICE

MONTAGE TECH

HSBC Holdings Plc

AIA Group

HSBC HOLDINGS

JD.com

Montage Technology

Hang Seng TECH Index

KraneShares 2x Long JD Daily ETF

HSCEI ETF

TRACKER FUND

ISHARESHSI

FL2 CSOP HSI

FI CSOP HSI

FI2 CSOP HSI

HSBC Holdings plc ADRhedged

HSTECH ETF

CSOP HS TECH

ISHARESHSTECH

XL2CSOPHSTECH

XI2CSOPHSTECH

JPMorgan Chase

Goldman Sachs

STANCHART

BABA-W

Alibaba

BIDU-SW

Baidu

TENCENT

Tencent

MEITUAN

NTES-S

NetEase

SMIC

HUA HONG GRACE

Hua Hong Grace

XL2CSOPHYNIX

JPMORGAN CHASE & CO. 4.20% DEP SHS REPSTG 1/400TH PFD SER MM

JPMORGAN CHASE & CO. 6%NON CUM DEP SHS REP 1/400TH PFD SER EE

JPMORGAN CHASE & CO. DEP REP 1/400TH (5.75% NON CUM PFD DD)

JPMORGAN CHASE & CO. 4.625% DEP SH RE 1/400TH INT NO CU PF LL

JPMorgan Chase & Co.

JPMORGAN CHASE & CO. 4.55% DEP SHS REPSTG 1/400TH PFD SER JJ

JPMORGAN CHASE & CO. 4.75 DEP SHS REP 1/400 NCUM PFD SR GG

GS Hldg R

HSBC 5xShortSG241213

Standard Chartered PLC

AIA-R

BABA-WR

Alibaba HK SDR 5to1

BIDU-SWR

JD-SWR

TENCENT-R

Tencent HK SDR 10to1

Tencent Holdings Limited

MEITUAN-WR

Meituan

Meituan HK SDR 5to1

SMIC HK SDR 5to1

HSI Loses 158 Pts at Close; BABA-W Slumps 5%+; AIA Rebounds 5%; HSBC HOLDINGS Up 2%+