To tap a friend in the balls as you walk by -- as in a Hong Kong high-five. Casual passersby merely perform a tap; the more familiar you are with the other person, you add squeezes as necessary.
Person 1: Are you okay?
Person 2: Yeah, I just got Hong Kong'd by Toby.
Person 1: Fuckin' Toby.
Person 2: Didn't even squeeze.
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Skipping school on a test day so that you can get an extra day to study. The usual excuse is for doing this is "I was sick."
Person 1: Where's Bill?
Person 2: Oh, he's pulling a Teja.
Person 1: What an asshole.
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