MEITUAN

03690

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Weekly Recap | MEITUAN -6.18%, consensus target above spot
Weekly Review·Sep 12 at 05:59 AM
- Meituan - W shares accumulated a 6.18 % decline over 4 trading days, closing at 75.1 HKD with a total amplitude of 11.34 % amid weak trading volume. - The company advanced business expansions including drone delivery and flash sales while facing regulatory penalties and antitrust hearing notices. - Thirty - seven institutions maintained a consensus buy rating with a target price of 110.36 HKD, representing a 46.9 % premium over the current price.
03690+0.27%
Weekly Recap | MEITUAN +3.61%, volume-backed rebound to weekly high
Weekly Review·Sep 5 at 05:23 AM
- Meituan - W closed the week at 81.75 HKD, accumulating a 3.61% increase and outperforming the Hang Seng Index. - The weekly performance was driven by second-quarter earnings exceeding expectations, leading multiple financial institutions to adjust their target prices. - Market focus shifts to upcoming macroeconomic data and policy signals in Hong Kong, while institutional target price divergences remain.
03690+0.27%

Weekly Recap | MEITUAN -6.18%, consensus target above spot