Trump praises employment data exceeding expectations; Hang Seng Index opens down 55 points; Meituan drops over 2%; Zhihui increases nearly 9% | Hong Kong stock market opens

The U.S. job market improved, with January non-farm payrolls surging from 48,000 in December to 130,000, far exceeding the expected 65,000. Excluding a reduction of over 40,000 jobs in the government sector, the private sector added as many as 172,000 jobs, while the unemployment rate unexpectedly fell to 4.3%. Trump: Should Enjoy the Lowest Interest Rates U.S. President Trump later posted on social media, stating, "The employment data is excellent, far exceeding expectations! The U.S. should pay much less interest on borrowing costs (bonds)! We are once again the world's number one power and should enjoy the lowest interest rates to date, which will bring at least $1 trillion in annual interest savings—budgets can not only be balanced but also yield significant surpluses. The American golden age has arrived." The three major U.S. stock indices showed mixed performance on Wednesday, with the Dow closing down 66 points or 0.13% at 50,121 points; the S&P 500 fell less than 1 point to 6,941 points; and the Nasdaq dropped 36 points or 0.16% to 23,066 points. As for the Golden Dragon Index, which reflects the performance of Chinese concept stocks, it fell 0.65% to 51 points. Among focus stocks, storage concept stocks performed well, with Sandisk (SNDK) rising over 10%, Micron Technology (MU) also up nearly 10%, and Western Digital (WDC) increasing over 4%. WuXi Biologics Up Nearly 3%, Best Among Blue Chips In Hong Kong stocks, the Hang Seng Index opened down 55 points at 27,210 points. Among blue-chip stocks, WuXi Biologics (2269) rose 2.7%, and Zijin Mining (2899) increased 2.5%, performing better; Budweiser APAC (1876) fell over 2% afterwards. Tech stocks generally declined, with Alibaba (9988) down 1.4%; Tencent (700) down 2%; Meituan (3690) down 2.5%; Xiaomi (1810) unchanged; Baidu (9888) down 2%; while JD.com (9618) slightly rose 0.09%. Zhizhu Adjusts Package Prices, Overall Increase Exceeds 30% In individual stock news, Zhizhu (2513) issued a price adjustment letter for the GLM Coding Plan, stating that market demand continues to grow strongly, with user scale and usage rapidly increasing, leading to a structural adjustment of the package pricing system, with an overall increase starting at 30%, while prices for subscribed users remain unchanged; at the same time, the first purchase discount is canceled, but quarterly and annual subscription discounts are retained. The stock opened at 2,513 HKD, rising nearly 9%. Regarding northbound capital movements, there was a net purchase of HKD 4.816 billion in Hong Kong stocks yesterday, with Tencent (700), Zijin Mining International (2259), and Meituan (3690) receiving net purchases of HKD 736 million, HKD 191 million, and HKD 163 million, respectively; while Alibaba (9988), SMIC (981), and China Life (2628) faced net sales of HKD 521 million, HKD 391 million, and HKD 246 million, respectively