Group 1 - The article highlights the resurgence of tariff threats between the US and Europe, leading to increased demand for safe-haven assets, with gold and silver prices reaching new highs [1] - The Hong Kong stock market opened lower, with the Hang Seng Index down by 0.76%, the National Index also down by 0.76%, and the Hang Seng Tech Index declining by 0.77% [1] - Major technology stocks experienced a general decline, with Alibaba falling by 2.53%, and Xiaomi and Meituan both down by 1.2% [1] Group 2 - AI application concept stocks continued their downward trend, indicating a bearish sentiment in this sector [1] - Real estate stocks also faced declines, with Country Garden experiencing a significant drop of over 10% [1] - Conversely, gold and silver prices surged, leading to a rise in gold stocks, while telecom equipment stocks, such as Longi Green Energy, saw a notable increase of 10.5% [1]