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By midday, the Hang Seng Index was down 1.69% and the Hang Seng Tech Index fell 2.35%. Heavyweight techs led losses: Meituan (03690.HK) off over 6%, Kuaishou (01024.HK) down over 5%, Tencent Holdings (00700.HK) and JD.com (09618.HK) down over 4% each

2026-06-03

By midday, the Hang Seng Index was down 1.69% and the Hang Seng Tech Index fell 2.35%. Heavyweight techs led losses: Meituan (03690.HK) off over 6%, Kuaishou (01024.HK) down over 5%, Tencent Holdings (00700.HK) and JD.com (09618.HK) down over 4% each. Autos were weak: Leapmotor (09863.HK) down over 5%, XPeng (09868.HK) and Li Auto (02015.HK) down over 3%. Semiconductors outperformed: Yangtze Optical Fiber and Cable (06869.HK) up nearly 17%, Hua Hong Semiconductor (01347.HK) up over 6%, SMIC (00981.HK) up over 4%.

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2026-06-03

The Islamic Republic of Iran Broadcasting (IRIB) reported that the United States had taken hostile actions in the Persian Gulf, the Strait of Hormuz, and Qeshm Island prior to the attack on U.S. bases in Kuwait.

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2026-06-03

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Japanese Prime Minister Sanae Takaichi said G7 and G20 have confirmed that excessive foreign-exchange volatility and disorderly market moves harm economic and financial stability.
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