Hong Kong stocks were shorted by RMB 21.57 billion in half a day! The proportion fell to 15.8%!

Data shows that the short selling amount in Hong Kong stocks for the half-day trading session was HKD 21.57 billion, while the total transaction amount of shortable shares was HKD 136.08 billion, representing a short selling ratio of 15.8%, a decrease of 1.7 percentage points from the previous trading day's 17.5%. Recently, Hong Kong stocks have been experiencing volatile consolidation with flat trading, and the fluctuations in short selling data reflect the wait-and-see attitude of investors.

In terms of individual stocks, index funds dominated the short selling list. TraHK (02800.HK) topped the list with a short selling amount of HK$2.83 billion and a short selling ratio of 31.8%. China Southern Hang Seng Technology (03033.HK) saw a short selling amount of HK$1.74 billion, with a short selling ratio of 49.4%, nearing 50%, highlighting the market's divergence on the Hang Seng Technology sector. This may be related to the impact of global liquidity and industry regulatory expectations on the technology sector.

Among the leading stocks, Alibaba-W (09988.HK) and Hang Seng China Enterprises (02828.HK) both made the list with short selling amounts of HKD 1.19 billion, representing short selling ratios of 11.7% and 20.8% respectively. Ping An of China (02318.HK) had HKD 990 million short sold, with a short selling ratio of 34.3%. Short selling funds are concentrated in heavyweight component stocks and leading stocks, mainly due to their abundant liquidity, which facilitates strategic positioning.

Industry insiders indicate that the decline in the proportion of short selling has alleviated some of the short-selling pressure, but Hong Kong stocks still face uncertainties such as global liquidity and macroeconomic expectations, making it difficult to change the short-term volatile pattern. Going forward, attention should be paid to the short selling data and capital flow of core stocks. Investors should respond to sector fluctuations rationally based on fundamentals.