In today’s briefing:
- Hong Kong: Q1 Short Interest Recap

Hong Kong: Q1 Short Interest Recap
- Short notional in Hong Kong is HK$338bn and has been falling over the last 3 years due to a drop in the market.
- Short notional to market cap indicates the Materials, Consumer Discretionary, Real Estate and Industrials sectors as the most shorted while the least shorted are Information Technology, Communication Services and Energy.
- The largest shorts have been built on XPeng, Baidu, Anta Sports Products, Longfor Properties, HKEX, Xiaomi, Sun Hung Kai Properties, Galaxy Entertainment Group, PetroChina and Meituan.
