Weekly Recap | MEITUAN -5.35%, offshore RMB bond plan reported
Weekly Review·
- Meituan-W fell 5.35 % this week to close at 71.65 HKD, underperforming the Hang Seng Index which dropped 4.52 %.
- The company plans to issue offshore RMB bonds in the coming weeks, while 39 institutions maintain a consensus buy rating with an average target price of 111.03 HKD.
- Market focus will shift to the bond issuance progress and the Q3 financial results scheduled for November 27, 2026.
