Hang Seng futures opened the day session down 0.17% at 25,130, trading about 200 points below the cash index.

Wenzhou, Zhejiang recorded area-averaged rainfall of 143.8 mm in the past 24 hours. Forecasts call for heavy to very heavy rain today and showers with localized moderate-to-heavy rain tomorrow. Under the city’s flood-control emergency plan, the Wenzhou flood-control command raised the emergency response to Level I effective 09:00 on Sep 2. Local governments and relevant departments were instructed to implement flood-control measures.

Chinese large-model maker Zhipu has opened an official flagship store on Tmall and will sell Coding Plan packages and other products.