Key News Asian equities were largely higher as the Philippines had a strong day while Japan and Hong Kong were off. Hong Kong was up through mid-day/intra-day with a high of +0.66% when a Reuters article was released stating that Tencent (700 HK), which gained +0.87% overnight, plans to sell its $24B/17% ownership stake in Meituan (3690 HK) via a block trade, according to “four sources with knowledge of the matter”. Loose lips may sink ships, but they pummeled Meituan, which fell -9.07%, and the entire internet and Hong Kong market. Block trades are usually made at a discount to…