[09:21]
The Hang Seng Index opened down 0.28%, and the Hang Seng Tech Index opened down 0.52%.
<img src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/a6f66975-9af5-40c7-bea7-c7d88dea8dbe.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/a6f66975-9af5-40c7-bea7-c7d88dea8dbe.png"/>
In terms of individual stocks, Meituan fell nearly 5%. Previously, the financial report showed that Meituan's Q1 revenue exceeded expectations with a year-on-year growth of 18.1%. Both core and new businesses performed well, with strong growth in flash sales. Meituan's conference call stated that it would spare no effort to win the competition, and it is expected that the local business operating profit margin will drop significantly in Q2, with no accurate performance guidance available at this time.
[09:00]
Domestic commodity futures opened lower in the morning, with most declining. Alumina and polysilicon fell over 3%, pulp dropped more than 2%, PX and short fibers fell over 1%, while hot-rolled coils and cotton yarn saw slight declines; Shanghai zinc and NR rose over 1%, and caustic soda and international copper saw slight increases.
<img src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/73920c7e-b015-4bbe-8d16-a81ed08f46db.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/73920c7e-b015-4bbe-8d16-a81ed08f46db.png"/>

MPNGY

03690

- The Hang Seng Index opened down 0.28%, while the Hang Seng Tech Index fell 0.52%.  
- Meituan's stock dropped nearly 5% despite reporting a Q1 revenue increase of 18.1%, with strong performance in core and new businesses; however, it warned of a significant decline in Q2 local business profit margins.  
- In domestic commodity futures, most contracts declined, with aluminum oxide and polysilicon dropping over 3%, while some commodities like zinc and caustic soda saw slight increases.  

The Hang Seng Index opened down 0.28%, Meituan fell nearly 5%