Against the backdrop of the Hong Kong stock market’s heavy decline, Meituan (3690-HK) once expanded to 15% in midday on Monday (26th), setting its biggest one-day decline. China’s official announcement of new regulations for food delivery platforms in the afternoon became the main reason for the worsening of the decline. The mainland media reported that recently, the State Administration for Market Regulation and other 7 units jointly issued the “Guiding Opinions on Implementing the Responsibilities of Online Catering Platforms and Effectively Protecting the Rights and Interests of Food Delivery Personnel”, which put forward comprehensive requirements for protecting the legitimate rights...