On July 11th, Meituan spent about 500 million Hong Kong dollars to repurchase 4.3125 million shares.

Meituan-W (03690) issued an announcement that the company will spend about HKD 0.5 billion to buy back 4.3125 million shares on July 11, 2024, with a buyback price of HKD 115.0-117.7 per share.

新浪港股19:25 ET

Meituan-W (03690) spent approximately 0.5 billion Hong Kong dollars on July 11th to repurchase 4.3125 million shares.

Meituan-W (03690) announced that it will spend approximately 0.5 billion Hong Kong dollars to repurchase 43... on July 11, 2024.

Zhitong FinanceJul 11 10:28 ET

Express News | Meituan Bought Back 4.3 Mln Class B Shares for HK$500 Mln on July 11 - HKEX Filing

ReutersJul 11 10:26 ET

Kuaishou and Meituan renew and upgrade their cooperation.

On the evening of July 11th, Sina Technology News reported that the strategic cooperation between Kuaishou and Meituan has recently expired and been renewed, and the cooperation between the two parties will be fully upgraded. According to the agreement, in the next three years, the scope of Kuaishou and Meituan's cooperation space will be expanded to the "hundred cities and ten thousand stores" across the country. Meituan's supply provided to Kuaishou will expand from group buying products to various marketing forms such as vouchers, member goods, and flash sale products. The 0.7 billion users of Kuaishou will help Meituan merchants gain new customers. The first cooperation between Kuaishou and Meituan began three years ago. Data shows that in June of this year, Meituan merchants' GMV on the Kuaishou platform increased by more than 38 times year-on-year, and the number of orders increased significantly.

新浪科技Jul 11 09:19 ET

Northbound funds| Northbound funds had a net purchase of 0.474 billion shares of Meituan (03690), further increasing their holdings. Xpeng (09868), which soared previously, was sold off.

According to the Zhitong Finance APP, on July 11th, the Hong Kong stock market had a net buying of 0.474 billion Hong Kong dollars by the northbound funds, of which the net buying amount of the Hong Kong stock connect (Shanghai) was 0.96 billion Hong Kong dollars, and the net selling amount of the Hong Kong stock connect (Shenzhen) was 0.486 billion Hong Kong dollars. The stocks that Northbound funds bought the most are Meituan-W (03690), China Mobile (00941), and Xiaomi-W (01810). The stocks that Northbound funds sold the most are Tencent (00700), XPeng-W (09868), and CNOOC (00883). The active trading stocks of the Hong Kong stock connect (Shanghai) and the Hong Kong stock connect (Shenzhen) are Meituan-W (0369.

Zhitong FinanceJul 11 05:51 ET

Meituan spent 0.5 billion Hong Kong dollars on July 10th to repurchase 4.2961 million shares.

Meituan-W (03690) announced that it will spend 0.5 billion Hong Kong dollars to repurchase 4.2961 million shares on July 10, 2024, at a repurchase price of 114.7-118.8 Hong Kong dollars per share.

新浪港股Jul 10 19:48 ET