$MEITUAN-W (03690.HK)$
Awesome job from Meituan’s management team on such a great achievement become position 1  within a year in Hong Kong for takeaway business: https://www.moomoo.com/community/feed/112406226534406?share_code=00Xh5c
Continuous good news to boost Meituan revenue for in-store/hotel/tourism segment: https://www.moomoo.com/community/feed/112397639811078?share_code=00Xh5W
Previous track record:
* Takeout business (餐飲外賣): st...

$MEITUAN-W (03690.HK)$
Figure 1: Back to early 2023, Meituan share price dropped drastically as market/analyst expected it will be affected badly with Douyin expanding into takeout business.
Figure 2: A year later, what market/analyst expectation is not happened!! In fact, Meituam and Douyin has different target consumer segment.
Meituan consumer: know exact what want to buy
Douyin consumer: sudden want to buy when watch livestream
Figure 3: At what price it should be? In early...

$MEITUAN-W (03690.HK)$  
Why China Inflation is so low?
Combination of 2 reasons:
Reason 1 on production capacity: As export is slow down or reduced, manufacturer maintain its product output to keep cost per unit low.
Reason 2 on competition: Buyer will turn to competitor if there is hike in price as supply is not a concern.
 
This is my real experience this month: I bought a tiny item from “S” e-commerce platform in Malaysia with MYR 1.09 (free shipping) from China sell...

$MEITUAN-W (03690.HK)$ Meituan will be the major beneficiary!

$MEITUAN-W (03690.HK)$
China 2023 GDP: up 5.2%
China online retail sale 2023: RMB 15.4T, up 11% compared to 2022
Meituan: revenue RMB 277B, up 25.8%
Therefore, the result is much better than China or online retail industry
2023 instant delivery order: 21.9 billion, up 23.9% compared to 2022.
From major cities observation, driver ratio stable at Meituan:Ele.me:Others 7:2:1
Expenditure for core local business: up 30% due to increase in biz size (revenue up 27%) and spend a b...

$Hang Seng Index (800000.HK)$ Each market might in different phase at any particular time. Where is HK, JP or US now?

$MEITUAN-W (03690.HK)$ HKSE’s smart money buying stage is over as foreign institutional like Canada pension fund started their buying. This why we see price chart is uptrend now!

$MEITUAN-W (03690.HK)$ See the real money movement for this counter