<div id="readability-page-1"><div>US-Iran negotiations remained in standoff, compounded with concerns over US inflation risks. The DJIA ebbed back from intraday highs overnight (3rd), plunging 620 points to close at 50,687. The S&amp;P 500 fell 0.74%, while the Nasdaq slid 0.89%. The HSI opened this morning (4th) at 25,465, down 167 points or 0.66%. The HSCEI opened at 8,544, down 51 points or 0.6%. The HSTECH opened at 4,994, down 62 points or 1.23%.Major tech heavyweights were under pressure. TENCENT (00700.HK) -0.400 (-0.086%) Short selling $2.91B; Ratio 12.669% and MEITUAN-W (03690.HK) -1.150 (-1.430%) Short selling $2.80B; Ratio 41.171% both faded about 0.82%, while BABA-W (09988.HK) -1.400 (-1.106%) Short selling $1.79B; Ratio 15.422% dropped 1.11%.Among blue chips, LENOVO GROUP (00992.HK) -1.440 (-5.509%) Short selling $1.65B; Ratio 21.508% opened 5.05% lower at HKD24.80. BYD COMPANY (01211.HK) -2.900 (-3.110%) Short selling $592.12M; Ratio 22.352% opened down 3.432%. ZIJIN MINING (02899.HK) -0.500 (-1.460%) Short selling $277.32M; Ratio 26.238% opened 2.45% lower. CATL (03750.HK) 0.000 (0.000%) Short selling $1.09B; Ratio 37.099% bucked the trend, opening 1.8% higher at HKD792. POP MART (09992.HK) +1.900 (+1.060%) Short selling $536.26M; Ratio 14.493% , which saw an increase in holdings by Duan Yongping, opened nearly 0.95% higher at HKD181. (HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-06-03 16:25.)</div></div>

LNVGY

02899

MPNGY

300750

601899

03750

03690

00HSI

09992

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The Hang Seng Index opened down 167 points, driven by US-Iran standoff tensions and US inflation concerns which also dragged down US markets. Major tech stocks like Tencent, Meituan, and Alibaba declined slightly. Lenovo Group slumped 5%, while BYD and Zijin Mining also fell. Conversely, CATL rose ~2% and Pop Mart gained nearly 1% amid increased holdings.

- US-Iran negotiations remain stalled, raising concerns about US inflation risks and leading to a significant decline in stock markets.  
- The DJIA fell 620 points to close at 50,687, with notable drops in the S&P 500 and Nasdaq, while Asian markets also experienced losses at opening.  
- Major tech stocks like TENCENT and MEITUAN-W were pressured by short selling, though CATL and POP MART showed some gains despite the overall downturn.

AASTOCKS News

Lenovo Group

ZIJIN MINING

Meituan

CATL

Zijin Mining

MEITUAN

Hang Seng Index

POP MART

LENOVO GROUP

Dow Jones Industrial Average

S&P 500

NASDAQ Composite Index

Hang Seng China Enterprises Index

Hang Seng TECH Index

TENCENT

Tencent

BABA-W

Alibaba

BYD COMPANY

LENOVO GROUP-R

CATL HK SDR 30to1

TENCENT-R

Tencent HK SDR 10to1

Tencent Holdings Limited

MEITUAN-WR

Meituan HK SDR 5to1

BABA-WR

Alibaba HK SDR 5to1

BYD HK SDR 10to1

BYD Company

BYD Company Limited

BYD COMPANY-R

POP MART HK SDR 20to1

HSI Opens Down 167 pts; LENOVO GROUP Slumps 5%; CATL Up ~2% Against Mkt