A post by @FirstSquawk on X.

China’s benchmark energy index is set to open down 3%, according to a First Squawk market alert, signaling a sharp risk-off move in Chinese energy equities at the start of trading. The indicated decline would mark one of the index’s larger opening drops, though the alert did not specify constituent-level moves, trading volumes or the catalyst behind the selloff. The move matters because energy shares are a heavy weight in China’s broader equity benchmarks, so a 3% opening gap can drag on index-level performance and spill over into related commodities and sector funds. Traders will watch whether the decline holds through the session or is bought back, and whether the weakness broadens to other Chinese sectors or stays confined to energy.