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Stock market news | Meituan rebounds in the afternoon, Furuibull is bullish on the company's operational profit prospects
On October 3, Meituan rebounded in the afternoon, with the stock price breaking through the 200 Hong Kong dollar mark and continuing to rise. As of press time, it rose by 6.09%, reaching 209.2 Hong Kong dollars, with a turnover of 13.176 billion Hong Kong dollars.
HK Connect: Meituan (03690) rose 3.04% in the afternoon, Citigroup raised its target price by 23.87%, indicating that policies may improve consumer demand.
Kinwong Financial News | Meituan (03690) rose in the afternoon, as of the time of publication, up by 3.04% to 203.2 Hong Kong dollars, with a turnover of 10.364 billion Hong Kong dollars. On the news front, Citibank published a report, expecting that under the active introduction of stimulus policies in the mainland, consumer demand for food delivery, local service spending, hotel and travel bookings may improve, and demand for ride-hailing and grocery retail will also increase. Therefore, the bank has raised Meituan's fourth-quarter revenue and non-GAAP profit forecasts by 0.4% and 2% respectively, raising the target price from 155 Hong Kong dollars to 192 Hong Kong dollars, maintaining a 'buy' rating. In addition, Meituan announced that the company
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Meituan to List $2.5 Billion Bonds on Hong Kong Stock Exchange
Meituan-W (03690): The $1.2 billion 4.500% senior notes due in 2028 will be listed on October 3rd.
Meituan-W (03690) announced that the company has applied to the Hong Kong Stock Exchange for approval of the issuance of notes (1.2 billion...