1.05TMarket Cap42.45P/E (TTM)
176.900High170.700Low24.25MVolume176.900Open176.200Pre Close4.19BTurnover0.40%Turnover Ratio68.52P/E (Static)6.09BShares217.00052wk High5.96P/B1.05TFloat Cap61.10052wk Low--Dividend TTM6.09BShs Float460.000Historical High--Dividend LFY3.52%Amplitude40.250Historical Low172.781Avg Price100Lot Size--Div YieldTTM--Div Yield LFY
MEITUAN-W Stock Forum
Widespread deployment of digital RMB
Digital finance firms boost integration (ie Ant Financial)
Banking the rest of the unbanked population
Pricing transparency = more efficient and robust digital economy
Efficient and safer expansion of credit
In a nutshell, China will have a bigger playing field for innovative platform operators to thrive and prosper.
$BABA-W (09988.HK)$ $TENCENT (00700.HK)$ $XIAOMI-W (01810.HK)$ $MEITUAN-W (03690.HK)$ $JD-SW (09618.HK)$
– The outperformance of Meituan shares in the last two days comes ahead of its third quarter earnings due for annoucement after market this Friday
– According to Bloomberg Intelligence, Meituan's core local commerce operating profi...
Key Investments
• Technology: Investments in AI and digital enablers, particularly in the U.S.
• Healthcare: Indian hospital network Manipal Hospita...
➡️Online retail sales +16% (big improvement)✅
➡️Property Price Index -5.9% (slightly worsened)🔻
➡️Fixed asset investment +3.4% (same)
➡️Industrial production +5.3% (slightly worsened)🔻
➡️Unemployment rate 5.0% (slightly better)✅
China’s consumer economy is picking up a great deal of momentum in October and setting the stage for a strong 4Q for the likes of $BABA-W (09988.HK)$ $JD-SW (09618.HK)$ $PDD Holdings (PDD.US)$ $MEITUAN-W (03690.HK)$ $BILIBILI-W (09626.HK)$ $KUAISHOU-W (01024.HK)$ $Kraneshares Tr Bosera Msci China A Sh Etf (KBA.US)$ $iShares MSCI China ETF (MCHI.US)$ $KraneShares CSI China Internet ETF (KWEB.US)$
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