<div id="readability-page-1" class="page"><div>Market focus is on renewed clashes between the US and Iran, with the DJIA falling 0.6%. Hong Kong stocks opened lower in the morning session. The HSI opened at 26,359 pts, down 266 pts or 1%; the HSCEI opened at 8,863 pts, down 56 pts or 0.6%; the HSTECH opened at 5,079 pts, down 41 pts or 0.8%.Among major blue chips, TENCENT (00700.HK) -8.200 (-1.718%) Short selling $1.27B; Ratio 6.532% and MEITUAN-W (03690.HK) -0.800 (-0.950%) Short selling $577.93M; Ratio 16.400% opened down 0.5% and 0.8%, respectively, while BABA-W (09988.HK) -2.300 (-1.632%) Short selling $2.16B; Ratio 13.283% opened down 1.4%. BYD COMPANY (01211.HK) -0.100 (-0.099%) Short selling $923.01M; Ratio 38.443% and XIAOMI-W (01810.HK) +0.200 (+0.643%) Short selling $1.36B; Ratio 30.751% opened down 0.5% and 0.3%, respectively. HSBC HOLDINGS (00005.HK) -3.500 (-2.446%) Short selling $329.87M; Ratio 17.415% and AIA (01299.HK) -2.550 (-2.860%) Short selling $420.44M; Ratio 18.046% opened down 2.6% and 2.2%, respectively; HKEX (00388.HK) -3.800 (-0.890%) Short selling $311.02M; Ratio 12.786% opened down 1.3%, and CCB (00939.HK) -0.080 (-0.901%) Short selling $405.15M; Ratio 17.471% opened down 0.5%.In addition, BIDU-SW (09888.HK) +2.600 (+1.894%) Short selling $937.71M; Ratio 30.174% opened up 2.9% at HKD141.3, as its subsidiary Kunlunxin Beijing Technology Co., Ltd. has initiated listing guidance for a proposed listing on the STAR Market. JD-SW (09618.HK) -1.600 (-1.345%) Short selling $382.47M; Ratio 28.588% opened down 0.9%, while NTES-S (09999.HK) -1.900 (-1.024%) Short selling $183.32M; Ratio 14.497% opened flat at HKD185.6. SMIC (00981.HK) -3.400 (-4.430%) Short selling $1.21B; Ratio 10.859% and HUA HONG SEMI (01347.HK) -6.500 (-4.597%) Short selling $834.43M; Ratio 13.609% opened down 2.5% and 1.5%, respectively. Auto stocks LI AUTO-W (02015.HK) -0.700 (-1.001%) Short selling $118.00M; Ratio 18.895% and XPENG-W (09868.HK) -1.400 (-2.249%) Short selling $142.82M; Ratio 19.889% opened down 2.3% and 2%, respectively.Among other blue chips, TECHTRONIC IND (00669.HK) -5.600 (-4.434%) Short selling $728.62M; Ratio 44.873% retreated, opening down 5% at HKD120. NONGFU SPRING (09633.HK) -0.900 (-1.912%) Short selling $68.86M; Ratio 31.395% opened down 3.1%, CHINA RES MIXC (01209.HK) +0.670 (+1.354%) Short selling $27.16M; Ratio 18.835% down 2%, and WUXI BIO (02269.HK) -0.860 (-2.584%) Short selling $94.04M; Ratio 9.095% down 1.1%. CKH HOLDINGS (00001.HK) -0.750 (-1.027%) Short selling $239.42M; Ratio 17.119% and SHK PPT (00016.HK) -3.200 (-2.222%) Short selling $432.13M; Ratio 36.641% each opened down 0.8%.ENN ENERGY (02688.HK) +0.500 (+0.818%) Short selling $19.73M; Ratio 7.823% opened up 3.4% at HKD63.2. CATL (03750.HK) -7.000 (-1.053%) Short selling $1.59B; Ratio 34.632% also opened up 1.1%. POP MART (09992.HK) +11.600 (+7.152%) Short selling $740.96M; Ratio 16.609% opened up 0.5%. Supported by a rebound in oil prices, CNOOC (00883.HK) -0.100 (-0.379%) Short selling $359.93M; Ratio 7.135% opened up 0.8%. (fc/w)(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-05-07 16:25.)</div></div>

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Hong Kong's HSI opened down 266 points at 26,359, influenced by renewed US-Iran tensions and a 0.6% drop in the DJIA. Major stocks like Tencent and Meituan fell, while BIDU-SW gained 2.9% due to its subsidiary's listing plans. Other notable declines included HSBC and AIA, while POP MART rose 7.2%. Overall, the market showed a mixed response with significant short selling activity across various sectors.

- Market concerns over escalating tensions between the US and Iran contributed to a 0.6% drop in the DJIA.  
- Hong Kong stocks started lower, with the HSI down 1% and major blue chips like TENCENT and MEITUAN-W seeing declines.  
- Notably, BIDU-SW gained 2.9% after its subsidiary initiated listing guidance for a proposed listing on the STAR Market.

HSI Opens Down 266 pts; BIDU-SW and POP MART Continue to Gain