--- title: "The Hang Seng Index opened down 0.28%, Meituan fell nearly 5%" description: "More news, ongoing updates" type: "news" locale: "en" url: "https://longbridge.com/en/news/241913996.md" published_at: "2025-05-27T09:09:33.000Z" --- # The Hang Seng Index opened down 0.28%, Meituan fell nearly 5% > More news, ongoing updates **\[09:21\]** The Hang Seng Index opened down 0.28%, and the Hang Seng Tech Index opened down 0.52%. 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. ### Related Stocks - [MPNGY.US - Meituan](https://longbridge.com/en/quote/MPNGY.US.md) - [03690.HK - MEITUAN](https://longbridge.com/en/quote/03690.HK.md) - [513130.CN - Huatai-PB CSOP Hang Seng Technology ETF(QDII)](https://longbridge.com/en/quote/513130.CN.md) - [03032.HK - HSTECH ETF](https://longbridge.com/en/quote/03032.HK.md) - [03033.HK - CSOP HS TECH](https://longbridge.com/en/quote/03033.HK.md) - [STECH.HK - Hang Seng TECH Index](https://longbridge.com/en/quote/STECH.HK.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | ConocoPhillips considers selling Permian assets worth $2 billion, Bloomberg News reports | Feb 20 (Reuters) - ConocoPhillipsis exploring a sale of some of its Permian Basin assets as part of a broader streamlini | [Link](https://longbridge.com/en/news/276478732.md) | | IronBridge Private Wealth LLC Has $905,000 Holdings in Apple Inc. $AAPL | IronBridge Private Wealth LLC reduced its stake in Apple Inc. (NASDAQ:AAPL) by 77.3% in Q3, holding 3,555 shares valued | [Link](https://longbridge.com/en/news/276436345.md) | | Financial Advocates Investment Management Lowers Stock Position in Meta Platforms, Inc. $META | Financial Advocates Investment Management reduced its stake in Meta Platforms, Inc. by 66.7% in Q3, now holding 2,343 sh | [Link](https://longbridge.com/en/news/276432394.md) | | Rocket Lab Corporation $RKLB Stock Holdings Increased by Vanguard Group Inc. | Vanguard Group Inc. increased its stake in Rocket Lab Corporation (NASDAQ:RKLB) by 5.4% in Q3, owning 41.8 million share | [Link](https://longbridge.com/en/news/276451972.md) | | Denali Advisors LLC Lowers Stake in Alphabet Inc. $GOOG | Denali Advisors LLC reduced its stake in Alphabet Inc. (NASDAQ:GOOG) by 27.4% in Q3, now holding 76,983 shares valued at | [Link](https://longbridge.com/en/news/276432387.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.