Group 1 - The Ministry of Commerce has announced the outcomes of the recent China-US economic consultations, which include agreements on fentanyl tariffs, enforcement cooperation, agricultural trade, and maritime logistics measures [2][3] - China expresses willingness to work with the US to implement the consensus reached during the leaders' meeting and the results of the Kuala Lumpur economic consultations [3] Group 2 - The Ministry of Commerce criticized the Netherlands for interfering in the internal affairs of ASML, leading to disruptions in the global semiconductor supply chain, and stated that the Netherlands should bear full responsibility [4] - China has approved export license applications for relevant exporters to stabilize the semiconductor supply chain and is urging the Netherlands to adopt a constructive approach to resolve the ASML issue [4] Group 3 - Regarding rare earth elements, the Ministry of Commerce clarified that China conducts licensing reviews in accordance with laws and regulations, emphasizing the dual-use nature of these materials [5][6] - China is committed to enhancing communication and cooperation with all parties to optimize the licensing process and ensure compliance in the trade of controlled items, thereby safeguarding the stability of global supply chains [6]

Group 1 - The Hang Seng Index rose by 1.13%, gaining 262 points to close at 23,420 points, while the Hang Seng Tech Index increased by 0.59%. The morning trading volume in Hong Kong reached HKD 115.6 billion [1] - Chinese banking stocks showed strong performance, with significant purchases from institutional investors. Notable gains included China CITIC Bank up 4.73%, Minsheng Bank up 4%, Industrial and Commercial Bank of China up 3.2%, and Agricultural Bank of China up 2.8% [1] - Gold stocks performed well due to rising international gold prices, which returned to USD 3,400. China Gold International rose by 2.62%, Zhaojin Mining by 2.72%, Zijin Mining by 3.15%, and Chifeng Jilong Gold Mining by 1% [1] - China Everbright Holdings surged over 24% following its investment in stablecoin giant Circle, which is expected to go public this month [1] - Li Auto-W saw an increase of over 6% as its May delivery volume turned positive month-on-month, with monthly deliveries expected to reach 2,500-3,000 units [1] - Goldwind Technology rose nearly 10% due to sustained high demand in offshore wind bidding, with potential catalysts expected to materialize [1] - Jinko Magnetics increased by over 5%, with manageable impacts from rare earth export controls, and institutions noted a significant discount of H shares compared to A shares [1] Group 2 - Lianyi Rong Technology-W rose over 9% following the implementation of stablecoin legislation in Hong Kong, highlighting the company's strong positioning in the digital currency sector [2] - Kangfang Biotech increased by over 4% after its partner Summit announced positive results from the global Phase III study of Ivosidenib [2] Group 3 - Lujing Technology experienced a decline of over 20% after announcing a rights issue at a discount of approximately 32%, aiming to raise around HKD 143 million [3]