Short Selling Turnover: The short selling turnover in the Hong Kong market reached $35.8 billion, accounting for 19.2% of the eligible securities turnover, an increase from 16.7% on the previous trading day.

Top Short Selling Shares: The top five shares with the highest short selling amounts include TRACKER FUND (32.2% ratio), PING AN (40.6% ratio), XIAOMI-W (30.9% ratio), HSCEI ETF (20.3% ratio), and BABA-W (11.1% ratio).

TRACKER FUND Performance: TRACKER FUND had a short selling turnover of $4.14 billion, with a decrease of 1.223% in its share price.

PING AN Performance: PING AN saw a short selling turnover of $2.22 billion, with a share price increase of 2.353%.

Stock Performance: BABA-W (09988.HK) experienced a decline of 3.569%, with short selling amounting to $1.57 billion and a ratio of 11.119%.

Tongyi Fun Upgrade: The upgraded Tongyi Fun AI model can transform voice recordings across languages, dialects, and emotions in just three seconds, supporting major languages and 18 dialects.

Transcription Capabilities: The AI excels in transcribing speech from noisy recordings, effectively handling complex speech patterns and background noise.

Market Outlook: CMSI predicts mild economic growth in the US next year, with the Hong Kong stock market expected to shift focus towards earnings growth.

Short Selling Turnover: The short selling turnover in the Hong Kong market reached $16 billion at midday, accounting for 17.1% of the turnover of securities eligible for short selling, slightly up from 16.7% on the previous trading day.

Top Short Selling Shares: The top five shares with the highest short selling amounts include TRACKER FUND (28.5% ratio), PING AN (37.2% ratio), HSCEI ETF (17% ratio), BABA-W (9.5% ratio), and XIAOMI-W (26.6% ratio), with respective turnovers of $2.2 billion, $1.16 billion, $868.88 million, $695.52 million, and $629.81 million.

JD-SW Acquisition: JD-SW has agreed to acquire a 50% stake in the CCB Tower in Central, Hong Kong for HK$3.5 billion, while a local institution purchased office space in Festival Walk for HK$1.96 billion.

Office Market Outlook: Citi predicts continued demand for office space in Hong Kong, driven by Chinese companies and initiatives like the “GoGlobal Task Force” aimed at helping mainland firms expand internationally.

Central and West Kowloon Performance: Citi expects office spaces in Central and West Kowloon to outperform other areas by 2026, with potential rent stabilization for major property owners.

Competition in Causeway Bay: With record-high new supply, competition in Causeway Bay is expected to intensify, impacting projects in Hong Kong Island East while benefiting developments like Hysan Development's Lee Gardens.