<div id="readability-page-1"><div>The US and Iran exchanged fire in the Persian Gulf, with the DJIA falling 557 points or 1.1% overnight, while memory chip stocks remained sought after. Hong Kong stocks opened lower in the morning session. The HSI opened at 25,945 points, down 150 points or 0.6%; the HSCEI opened at 8,736 points, down 38 points or 0.4%; the HSTECH opened at 4,949 points, down 27 points or 0.5%.Among major blue chips, TENCENT (00700.HK) -4.000 (-0.846%) Short selling $1.13B; Ratio 10.030% and MEITUAN-W (03690.HK) -0.850 (-1.007%) Short selling $445.80M; Ratio 30.856% opened down 0.8% and 1% respectively; BABA-W (09988.HK) -0.500 (-0.380%) Short selling $1.60B; Ratio 17.830% opened down 0.4%; BYD COMPANY (01211.HK) -0.800 (-0.777%) Short selling $721.79M; Ratio 44.790% and XIAOMI-W (01810.HK) -0.180 (-0.581%) Short selling $3.10B; Ratio 42.384% opened down 0.8% and 0.6%. Among financials, AIA (01299.HK) -1.300 (-1.512%) Short selling $452.40M; Ratio 28.631% opened down 1.5%; HKEX (00388.HK) 0.000 (0.000%) Short selling $111.17M; Ratio 9.937% opened flat at HKD415. HSBC HOLDINGS (00005.HK) -2.200 (-1.534%) Short selling $292.96M; Ratio 19.639% opened down 1.5% at HKD141.2 after OCBC agreed to acquire its Indonesia retail banking and wealth management businesses.In addition, CATL (03750.HK) +18.500 (+2.930%) Short selling $335.79M; Ratio 5.759% opened 2.9% higher against the market at HKD650 after M Stanley raised its TP for CATL's H shares to HKD815; HENGAN INT'L (01044.HK) +0.540 (+2.004%) Short selling $6.10M; Ratio 18.558% opened up 2%. WEICHAI POWER (02338.HK) -1.840 (-4.247%) Short selling $519.40M; Ratio 30.519% retreated, opening 4.2% lower at HKD41.48; JD HEALTH (06618.HK) -1.280 (-2.783%) Short selling $37.23M; Ratio 41.218% and WUXI BIO (002269.HK) opened down 2.8% and 2.2%.Among other active stocks, TRIP.COM-S (09961.HK) -3.400 (-0.815%) Short selling $255.48M; Ratio 21.395% opened down 0.8%; ZIJIN MINING (02899.HK) -0.100 (-0.279%) Short selling $173.59M; Ratio 17.670% and LENOVO GROUP (00992.HK) -0.030 (-0.258%) Short selling $253.66M; Ratio 33.714% opened down 0.3%; MIDEA GROUP (00300.HK) -1.000 (-1.131%) Short selling $84.73M; Ratio 30.076% opened down 1.1%. BUD APAC (01876.HK) 0.000 (0.000%) Short selling $43.68M; Ratio 26.666% opened flat at HKD7.93, with its 1Q net profit falling 3% YoY.For IPOs, medical device company Star Sports Med (01609.HK) +189.500 (+192.386%) opened at HKD288, 1.92x higher than its listing price of HKD98.5. (fc/w)(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-05-04 16:25.)</div>This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation.</div>

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The Hong Kong stock market opened lower, with the HSI down 150 points (0.6%) at 25,945. Major blue chips like Tencent and Meituan fell by 0.8% and 1%, respectively. Weichai Power retreated over 4%, while CATL rose 2.9% after a target price increase by M Stanley. The DJIA dropped 557 points overnight amid tensions in the Persian Gulf. Star Sports Med's IPO surged 192.4%, opening at HKD288, significantly above its listing price.

HSI Opens Down 150pts; WEICHAI POWER Retreats Over 4%; CATL Rises Against Market