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Earnings flood from China's stocks: Is a turnaround on the horizon?
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Short Selling in HongKong Falls to Lowest Since 2021 Amid Rally - Bloomberg

Yep. Short-sellers were put on notice last month via the stream of stimulus measures out of China.

Not to say they won't come back if the market continues to correct. But I figure a good percentage have been burned, and quite badly, too.

It also tells us that investors are beginning to feel more bullish towards HK equities in the near term. There's definitely a change in the direction of the wind.
Short Selling in HongKong Falls to Lowest Since 2021 Amid Rally - Bloomberg
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