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Australian Treasurer: We have announced that we will provide more than A$10 billion to ensure Australia's near-term fuel and fertilizer security, establish a permanent government-owned Australian fuel security reserve of approximately 1 billion liters, and increase the minimum stocking obligation for each fuel by approximately 10 days.

Australian Treasurer: We will fund a government-owned fuel reserve and ensure 50 days of fuel supply. Next week's federal budget will include an Australian Fuel Security and Resilience Plan to protect our nation's energy interests.

CEO of US electric car company Rivian: The electric car maker is developing more affordable derivatives of the R2 model.

Hong Kong semiconductor and storage stocks rose sharply. Montage Technology (06809.HK) rose by more than 18%, Tianshu Intelligent Chip (09903.HK) rose by more than 13%, GigaDevice (03986.HK) rose by more than 12%, OmniVision Group (00501.HK) and Hua Hong Semiconductor (01347.HK) both rose by more than 7%, and Solomon Systech (02878.HK) and Semiconductor Manufacturing International Corporation (00981.HK) both rose by more than 6%.

HSI opened on May 6 (Wednesday), up 131.04 points, or 0.51%, to 26029.65 points;Hong Kong’s Hang Seng Technology Index opened on May 6 (Wednesday), up 42.01 points, or 0.85%, to 4971.69 points ;The state-owned enterprise index opened up 55.51 points, or 0.64%, to 8786.0 points on May 6 (Wednesday);The red chip index opened up 4.95 points, or 0.11%, to 4411.37 points on May 6 (Wednesday).

Australian Prime Minister Albanese: Increase the minimum inventory of each fuel by approximately 10 days and establish a permanent government fuel security reserve.