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Market Chatter: Meituan Introduces Food Delivery Platform in Saudi Arabia
Meituan has started to take the initiative.
From defense to attack.
Meituan-W (03690) announced on September 9th a buyback of 4.2195 million shares for HKD 500 million.
Meituan-W (03690) announced that the company will repurchase 421 shares for HKD 0.5 billion on September 9, 2024....
Express News | Meituan Bought Back 4.2 Mln Shares for HK$499.9 Mln on Sept 9 - HKEX Filing
[Brokerage Focus] Yongxing Securities maintains a buy rating on Meituan (03690) and is optimistic about its organizational restructuring to support the stability of its core business and reduce losses in new business.
Jinwu Information | Yongxing Securities announced that Meituan (03690) achieved a revenue of 82.3 billion yuan in the second quarter of this year, a year-on-year growth of 21%; operating profit of 11.3 billion yuan, a year-on-year growth of 139%; adjusted net profit of 13.6 billion yuan, a year-on-year growth of 78%. The second quarter revenue from new businesses of Meituan was 21.57 billion yuan, a year-on-year growth of 28.7%; the operating loss of new businesses was 1.31 billion yuan, a significant improvement compared to a loss of 2.76 billion yuan in the first quarter. In the first half of this year, Meituan carried out a series of organizational restructuring for its core local business. Meituan's core local
Continued heat! Technology stocks have sparked a wave of stock buybacks in the Hong Kong stock market. Which companies are worth paying attention to?
What impact will the diversified trend of share buybacks in the Hong Kong stock market have?
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