** Shares of China’s technology majors fall after U.S. restricts chip sales to China; Hong Kong-listed stock of Alibaba BABA down 4.8% at HK$104.6 in their biggest one-day pct decline since April 7
** Tencent 
700 falls 2.9% to HK$442.6
** Nvidia 
NVDA on Tuesday said the U.S. government is restricting H20 artificial intelligence chip sales to China because of the risk that the chips could be used in a supercomputer
** H20 is currently Nvidia’s most advanced chip for sale in China and is central to its efforts to stay engaged with China’s booming AI industry
** Chinese companies including Tencent, Alibaba and TikTok parent ByteDance had been ramping up orders for H20 chips due to booming demand for low-cost AI models from startup DeepSeek
** Hong Kong shares of EV maker Xpeng 
XPEV drop 6.8%, BYD Co 
002594 falls 3.7%, NIO 
NIO down 4.7%
** Food deliverer Meituan 
3690 declines 7.6%, e-commerce group JD.com 
89618 falls 4.7%, PC maker Lenovo 
80992 eases 4.4%, smartphones maker Xiaomi 
1810 down 4.1%
** However Chinese chip makers rise with Hua Hong 
688347 up 3.9%, SMIC 
981 gains 0.1%
** Hang Seng Tech Index HHSTECH falls 3.6%, Hang Seng Index 
HSI down 1.9%
