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$BABA-SW(09988.HK)$ and $TENCENT(00700.HK)$ opened 0.6% lower, while $MEITUAN-W(03690.HK)$ , $XIAOMI-W(01810.HK)$ and $JD-SW(09618.HK)$ opened 0.9% to 1.4% lower. $BIDU-SW(09888.HK)$ hiked 0.4%, while $NTES-S(09999.HK)$ and $KUAISHOU-W(01024.HK)$ lost 0.1% and 0.5%.
$MEITU(01357.HK)$ recorded a large transaction in the pre-opening session, involving 180 million shares at $3.12 per share, involving $560 million. The stock sagged 3.5% to $3.33.
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