深夜，中概股下挫！

Group 1 - The Nasdaq China Golden Dragon Index has dropped over 2% [1] - Meituan's ADR fell over 9% after the release of its Q2 earnings report, which showed revenue of 91.84 billion RMB, a year-on-year increase of 11.7%, but below the expected 93.69 billion RMB [3] - Meituan's adjusted net profit for Q2 was 1.49 billion RMB, a significant decline of 89% year-on-year, compared to the expected 9.85 billion RMB [3] - The core local commerce segment of Meituan saw a revenue increase of 7.7% year-on-year to 65.3 billion RMB, but operating profit dropped 75.6% to 3.7 billion RMB due to irrational competition [3] - The operating profit margin for Meituan decreased by 19.4 percentage points to 5.7% [3] - The new business segment of Meituan reported an expanded operating loss of 1.9 billion RMB due to overseas expansion [3] - Other Chinese stocks such as Li Auto, JD.com, and Alibaba also experienced declines, with Li Auto down over 5%, JD.com down over 3%, and Alibaba down over 2% [3] Group 2 - The three major U.S. stock indices opened lower but saw slight gains, with the Dow Jones up 0.21%, S&P 500 up 0.17%, and Nasdaq Composite up 0.16% [3] - Recent U.S. economic data supports a cautious view on inflation but undermines confidence in employment [3] - The Producer Price Index (PPI) in July recorded the largest increase in three years, indicating that companies are starting to raise prices to offset rising costs [3] - Some Federal Reserve officials are concerned that the impact of tariffs may persist into next year [3] - The U.S. Bureau of Labor Statistics revised down the number of new jobs added over the past three months, indicating a weak labor market [4] - The hiring rate has dropped to the lowest level since the pandemic, with the unemployment rate rising to 4.2% [4] - A new employment report and additional inflation data will be available before the mid-September meeting of decision-makers [4]