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[Hong Kong Stock Connect] Meituan (03690) rose by 3.58%. The Mate70 series will be sold first on Meituan's 'Takeaway First Sale'.
King's Financial News | Meituan (03690) has been volatile and strong. As of the time of publication, it has risen by 3.58% to HK $167.8, with a turnover of 1.73 billion HK dollars. On the news front, according to official news from Huawei terminals, Huawei will hold the Huawei Mate brand ceremony on November 26th, releasing the "Strongest Mate in History" Huawei Mate 70 series, the new foldable screen phone Mate X6, the "Strongest HarmonyOS Tablet in History" MatePad Pro 13.2 inches, Huawei FreeBuds Pro 4, and Huawei WATCH D2, among other new products. In conjunction with the new product launch event,
Haitong sec: The macro environment is improving. Focus on mergers and acquisitions in the retail industry. Low PB companies may welcome valuation recovery.
Recently, the market's attention has shifted towards mergers and acquisitions and low PB, the bank has sorted out the relevant targets in the retail sector with progress, divided into two categories: first, changes in major shareholders, which may enhance merger and reorganization expectations; second, the company itself has merger and reorganization related activities.
Market Chatter: Meituan Looks to Introduce Drone Food Deliveries
Meituan-W (03690.HK) plans to hold a board of directors meeting on November 29 to approve the third quarter performance.
Guolonghui November 19th | Meituan-W (03690.HK) announced that the board of directors hereby notifies that a board meeting will be held on November 29, 2024 (Friday) to consider and approve the unaudited financial performance for the third quarter of 2024, as well as to deal with other matters.
Date of Board Meeting
CICC: In Q3 24, the maximum increase in the proportion of optional consumer Hong Kong stock holdings, Alibaba-W (09988) is highly favored after its inclusion.
In Q3 2024, the total scale of public fund holdings in Hong Kong stocks rose significantly, and the proportion of southbound trading increased, but it was not an active shareholding.
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