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<H Shrs>HSI Dives 322 pts on Futures Settlement Day, Clings to 25,000; MEITUAN-W Down 5%+
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With losses narrowed late in the session, the HSI closed at 25,006, down 322 pts or 1.27%. Full-day turnover totaled HKD356.345 billion. The HSTECH closed at 4,888, down 18 pts or 0.39%. The HSCEI closed at 8,364, down 98 pts or 1.17%.

Major tech heavyweights were broadly subdued. MEITUAN-W (03690.HK) closed at HKD73.3, down 5.66%. TENCENT (00700.HK), BIDU-SW (09888.HK) and BABA-W (09988.HK) each dived more than 2%. JD-SW (09618.HK) declined 1.81%.

Among blue chips, POP MART (09992.HK) spiked 4.73% to HKD161.5 after Duan Yongping drastically raised his stake, making it the best-performing blue chip of the day. LENOVO GROUP (00992.HK) swelled another 3.58%, while BYD ELECTRONIC (00285.HK), CKH HOLDINGS (00001.HK) and CATL (03750.HK) each gained over 2%.
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