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<H Shrs>HSI Opens Down 3 pts; MEITUAN-W Up 1%+ After Results; BYD COMPANY Opens Up 3%
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Overnight (1st), the three major US stock indices marked new peaks. The Nasdaq and S&P 500 elevated for eight consecutive trading days, while the DJIA once climbed to a record 51,161 before closing at 51,078, up 46 pts or nearly 0.1%. This morning (2nd), the HSI opened at 25,395, down 3 pts or 0.01%; the HSTECH opened at 4,995, up 31 pts or 0.62%; and the HSCEI opened at 8,511, up 3 pts or 0.04%. Among major techs, MEITUAN-W (03690.HK) reported a 1Q26 non-IFRS adjusted loss of RMB4.968 billion, beating expectations, with its share price opening 1.34% higher this morning. TENCENT (00700.HK) opened up 0.46%, while BABA-W (09988.HK) rose 1.06%. Among blue chips, BYD COMPANY (01211.HK) opened 3.14% higher after its May overseas sales leaped 80.7% YoY to a record high. LI NING (02331.HK) opened 4.44% higher after signing a decade-long endorsement contract with Golden State Warriors star Stephen Curry. LENOVO GROUP (00992.HK) spiked nearly 3% again. LI AUTO-W (02015.HK) dived 2.56% as its May deliveries declined 18% YoY. Auto-translated by AI This article was automatically translated by AI, the original language 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. More Details
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