港股能源儲存概念股走強，寧德時代(03750.HK)漲超5%，中創新航(03931.HK)漲2.73%，雙登股份(06960.HK)漲2.47%。

CITIGROUP strategists including David Chave say excessive bullish positioning in U.S. tech, driven by ongoing AI enthusiasm, has pushed long bets to extremes and leaves the Nasdaq 100 particularly exposed. "Concentrated long exposure in the index 'increases the likelihood of profit-taking and long-covering on any negative catalyst', raising downside risk," they said. Since late March the S&P 500 has risen about 20% and the Nasdaq 100 about 33%; momentum indicators show the Nasdaq 100 has been overbought for nearly six weeks.

Air India, IndiGo and Air India Express will sharply reduce domestic flights from the 1st, citing higher jet fuel costs and weak travel demand; cuts are expected to run through August. Air India plans to cut about 22% of domestic services, Air India Express about 10% and IndiGo roughly 5–7%; the three carriers will remove about 250 flights per day in total. Routes serving Mumbai, New Delhi and Bengaluru are likely to be most affected. The carriers had already pared some international services; reduced summer capacity could push fares higher and disrupt travel.