At the Hong Kong open, the Hang Seng fell 0.42% and the Hang Seng Tech slipped 0.69%. AI sector names led declines: MINIMAX-W (00100.HK) and Zhipu (02513.HK) dropped more than 5%; Alibaba (09988.HK) was down about 2%.

Preliminary vessel tracking data released Monday showed weekend commercial transits through the Strait of Hormuz fell to single digits, well below the 10-day average of 14. Over the weekend 4 vessels exited the Gulf via the strait and 10 entered; data exclude vessels that switched off AIS transponders to avoid monitoring.

Guangdong Pisen Electronics Co. launched a recall of two power‑bank models, TP‑D114 and TP‑D133, effective Sept. 8, after identifying fire risk. The company cited defects in incoming battery cells, protection circuits and manufacturing processes. Under prolonged charge/discharge cycles, high temperatures or compression/impact the units may overheat, swell, cause burns and in extreme cases ignite.