HSMTUAN@EC2607A

Instant Retail for Alcohol Enters a New Phase with a Three-Way Push

JD.com, Meituan, and Freshippo Compete in the "Hard Discount" Arena

Meituan reportedly plans to acquire Dingdong Maicai for over $700 million to deepen its instant retail layout

Southbound Stock Connect tracking shows net selling of Meituan shares

Following Novo Nordisk's price cut, searches for GLP-1 related drugs surge on Meituan's pharmacy platform

Hong Kong stocks fall sharply due to geopolitical impact, Meituan's stock price drops 2.71%

Sina Finance Publishes Article on Shared Bike Safety Measures

Meituan Drone Partners with Hong Kong Youth Service for Trial Delivery Service in Ting Kok Village

Keeta/Meituan Ensures Safety of Staff and Users in the Middle East

Meituan responds to the impact of the Middle East situation, stating it will suspend services if necessary

Meituan’s Guangnian Zhiwai Launches Tabbit AI Browser Public Beta

Policy 'Spring Breeze' provides support for the development of new business formats such as food delivery

Southbound funds increased their holdings of Meituan by HK$1.183 billion in the past 5 trading days

Food delivery platforms are required to label 'no dine-in' merchants, but implementation needs improvement

Southbound capital continues to buy the dip in the Hang Seng Tech Index despite its year-to-date decline

Analysis suggests a potential alliance between Douyin and Taobao could pose a significant challenge to Meituan

Meituan applies to register "Pin Hao Fang" trademark

Southbound Funds Net-Bought HK$1.676 Billion of Meituan Last Week, Ranking First

Market analysis indicates intensified competition between Alibaba and Meituan

Amid fierce competition, JD.com's food delivery service claims a 15% market share

CHK OIL

SHANDONG MOLONG

PETRO-KING

MIE HOLDINGS

D&G TECH

YUANHENG GAS

JX ENERGY

KINETIX SYSTEMS

YANCHANG PETRO

HAO WEN HLDGS

03690

688223

01810

MPNGY

DRAG

The NASDAQ Golden Dragon China Index initially closed down 1.1%. Among popular Chinese concept stocks, Kingsoft Cloud fell 4.9%, ZAI LAB and Xiaomi fell 4.1%, while WeRide, Meituan, Vipshop, and GDS had the highest declines of 3.6%. Jinko Solar rose 2.1%, BEKE rose 2.2%, BYD rose 5%, Qifu Technology rose 5.8%, and Douyu rose 7.2%

Wallstreetcn

MEITUAN

Jinko Solar

XIAOMI-W

Xiaomi Corporation

Meituan

BYD COMPANY

BEKE-W

NASDAQ Golden Dragon China Index

GDS-SW

BYD Company

ZAI LAB

Krne Csi China Internet

iShares MSCI China

Invesco Golden Dragon China

Roundhill China Dragons ETF

09988

STECH

00HSI

BABA

601088

KBAB

BABX

The Hang Seng Index closed at 26,059 points, down 570 points or 2.1%; the Hang Seng TECH Index reported 4,989 points, down 148 points or 2.9%. The total market turnover was HKD 357.679 billion. Major stocks such as Xiaomi Group, Meituan, and Alibaba all experienced declines, falling over 5% and 4% respectively. Stocks like Xinyi Glass, CNOOC, and PetroChina reached new highs with active trading

AASTOCKS

BABA-W

Hang Seng TECH Index

Hang Seng Index

Alibaba

ALI HEALTH

CSEC/China Shenhua

XINYI GLASS

CHINA OILFIELD

PETROCHINA

CHINA SHENHUA

CNOOC

COSL

OOIL

KraneShares 2x Long BABA Daily ETF

BABA 2x Long Daily ETF - GraniteShares

According to the "All-Day Express," the Hang Seng Index fell by 570 points; the Hang Seng TECH Index dropped by 148 points. Xiaomi Group fell by over 5%, Meituan by over 4%, and Alibaba by over 4%. Xinyi Glass, CNOOC, PetroChina, OOIL, and China Shenhua hit new highs with active trading

601898

00700

The Hang Seng Index closed at 26,209 points, down 420 points or 1.6%. The Hang Seng Tech Index reported 5,030 points, down 107 points or 2.1%. Xiaomi Group fell over 4%, while major stocks such as Meituan, Alibaba, Ping An, and Tencent also experienced declines. Xinyi Glass, CNOOC, OOIL, and China Shenhua reached new highs

China Coal Energy

CHINA COAL

TENCENT

The Half-Day Express reports that the Hang Seng Index fell by 420 points; the Hang Seng Tech Index dropped by 107 points. Xiaomi Group fell by over 4%. Xinyi Glass, CNOOC, OOIL, China Shenhua, and China Coal Energy reached new highs

Meituan's drone collaborates with the Hong Kong Youth Service Centre to trial a drone delivery route in Ting Kok Village, Tai Po, providing meal delivery services for the elderly. The route departs from the Science Park and goes directly to Ting Kok Village, using aerial straight-line distance to avoid ground traffic, reducing delivery time from one and a half hours to about 10 minutes. During the trial period, lunch and dinner deliveries are planned from Monday to Saturday. The person in charge of Keeta Drone stated that they hope to expand this model to more communities in the future

Meituan pilots drone delivery routes in Tingjiao Village, Tai Po, to provide meal delivery services for the elderly

09618

06618

02618

Meituan, Taobao Flash Sale, and JD.com responded to the newly released takeout regulations. Meituan stated that it will fully implement food safety requirements and increase support for catering merchants. Taobao Flash Sale, in collaboration with ecological partners, will build a food safety co-governance system, emphasizing platform review and public supervision. JD.com Takeout insists on quality takeout, establishing multiple review mechanisms and launching new brands to enhance food safety standards. The new regulations will be implemented starting June 1, requiring takeout merchants to indicate no dine-in and verify their business qualifications with regulatory authorities

JD.com

JD-SW

JD HEALTH

JD LOGISTICS

Meituan, Taobao Flash Sale, and JD.com respond to new delivery regulations

01113

00669

0HSCI

02388

07200

07300

The Hang Seng Index closed at 26,630 points, up 249 points or 0.9%; the Hang Seng Tech Index reported 5,137 points, up 28 points or 0.6%. The total market turnover was HKD 288.42 billion. Among the active blue-chip stocks, Tencent rose 1.2%, MEITUAN rose 0.9%, and Hong Kong Exchanges and Clearing rose 0.9%. New World Development, Shenhua, CK ASSET, BOC HONG KONG, TECHTRONIC IND, and other stocks reached new highs with strong trading volume

CK ASSET

TECHTRONIC IND

Hang Seng Composite Index

BOC HONG KONG

FL2 CSOP HSI

FI CSOP HSI

According to the Hong Kong Daily News, the Hang Seng Index closed at 26,630 points, up 249 points; the Hang Seng Tech Index closed at 5,137 points, up 28 points. Sun Hung Kai Properties rose over 7%. Sun Hung Kai Properties, Shenhua, CK ASSET, BOC HONG KONG, and TECHTRONIC IND reached new highs with active trading

TCTZF

00016

Hong Kong stocks rebounded after the futures settlement day, with the Hang Seng Index rising 197 points to 26,578 points in the first half of the day. In the real estate sector, Sun Hung Kai Properties rose nearly 7%, with a 17% increase in half-year underlying profit. In the technology sector, both Tencent and Meituan saw increases, rising 2.8% and 2.1% respectively. The overall market turnover was HKD 121.827 billion

Tencent Holdings Limited

SHK PPT

Tencent

FI2 CSOP HSI

FI2CAMNDQ100

ISHARESHSI-U

ISHARESHSI

CSOP HS TECH

TRACKER FUND

ISHARESHSI-R

"Hong Kong Stocks" The Hang Seng Index rose 197 points in the half-day, New World Development increased nearly 7%, Tencent and Meituan performed well

00825

00017

The Hang Seng Index opened 66 points higher this morning, reaching a maximum increase of 225 points, closing at 26,578 points, up 197 points or 0.75%. Sun Hung Kai Properties surged 6.8% in the half-day session, declaring an interim dividend of HKD 0.98, with several investment banks raising their target prices. New World Development rose 2.76%, and Cheung Kong Holdings increased by 1.95%. CK Hutchison fell 2.39% due to the termination of its Panama port concession. Technology stocks generally rose, with Tencent up 2.83% and MEITUAN up 2.05%. U.S. tech stocks were affected by a significant drop in NVIDIA, with the three major indices showing mixed performance

- The Hang Seng Index opened 66 points higher and peaked at 26,606, closing at 26,578, up 197 points or 0.75% with a turnover of 121.83 billion HKD.  
- Notable gains included New World Development, which rose 2.76%, while Longfor fell 2.39% amid challenges with its Panama operations.  
- In US markets, Nvidia's significant drop negatively impacted tech stocks, with the Nasdaq falling 273 points or 1.18%, while local stocks experienced mixed trading and a net outflow of 7.366 billion HKD.

Stheadline

NWDS CHINA

NEW WORLD DEV

The Hang Seng Index rose 1.97% in the half-day, Sun Hung Kai Properties surged 6.8%, New World Development increased by 2.7%, and ATM rose by 1% to 2.8% | Hong Kong stock market opens

HSCEI

09888

Hong Kong stocks opened higher this morning, with the Hang Seng Index rising 66 points to 26,447 points. The National Index and the Hang Seng Tech Index opened up 3 points and 7 points, respectively. In the tech sector, Baidu's net profit for the fourth quarter fell by 42%, with ADR shares dropping by 5.7%. Meituan delayed the launch of its plan, with its stock opening up 0.7%. Tencent opened down 0.3%, while Alibaba opened flat. In the automotive sector, BYD opened down 0.1%, and XPeng opened up 1.9%. In the financial sector, HSBC opened up 1.2%

Hang Seng China Enterprises Index

BIDU-SW

Baidu

HSBC HOLDINGS

"Hong Kong Stocks" The Hang Seng Index opened 66 points higher, HSBC and AIA rose, Baidu softened after earnings

The State Administration for Market Regulation has issued new regulations requiring food delivery platforms to conduct strict reviews of merchant qualifications to ensure the implementation of food safety responsibilities. The new regulations will take effect in June and emphasize that food delivery platforms must register merchants under their real names and conduct substantive reviews to eliminate the phenomenon of "ghost deliveries," ensuring that operating qualifications match actual conditions

The State Administration for Market Regulation issues new regulations for online food delivery to rectify "ghost deliveries."

The NASDAQ Golden Dragon China Index preliminarily closed down 1.8%. Among popular Chinese concept stocks, Baidu fell 5.6%, BYD fell 4.2%, Meituan fell 3.2%, Li Auto fell 3%, Alibaba fell 2.8%, and Xiaomi, XPeng, WERIDE, and Nio all fell over 2%. Pony.ai rose 4.7%. In terms of ETFs, KWEB preliminarily closed down 2.4%, and CQQQ fell 1.9%

WERIDE-W

LI AUTO-W

VIPS

01519

83690

HMTD

89988

HBBD

BABO

$Vipshops(VIPS.US) released its Q4 2025 results on the evening of Feb 26. Despite earlier lowering guidance, the print still came in weaker: revenue slipped back into negative growth, while expense discipline kept profit growing.Specifically: 1) Core operating metrics — GMV growth stalled again this quarter, with YoY growth under 1%, missing market expectations. The drag came from another decline in active users, down Approx. 400k YoY, and a clear drop in order frequency per user, driving total orders down 5% YoY...

VIPS: Negative Growth Again? 10% Shareholder Return to the Rescue

Meituan has launched a comic drama section "FanTuan Comic Club" within its main app, covering regular comic dramas and AI comic content, all of which are free for users. This marks Meituan's official entry into the comic drama track, becoming a new participant in this field

Meituan launches "FanTuan ManShe," entering the comic drama sector

Vips

Financial Analysis

Vipshops

J&T EXPRESS-W

MEITUAN-WR

Meituan HK SDR 5to1

BABA-WR

Alibaba HK SDR 5to1

YieldMax BABA Option Income Strategy ETF

Just bought my first Hong Kong stock, Meituan, through Stock Connect.I think Wang Xing is a tough guy who won't be knocked down.Finally got to experience Stock Connect.The overall operation was okay.Still figuring it out.Not investment advice!

Today’s Key News Recap

Feb 6 | Dolphin Research focus: 🐬 Stock 1, $BABA-W(09988.HK) Alibaba's Qwen app launched a 'Spring Festival RMB 3bn free-order' campaign today. The first wave centers on AI one-line prompts to order milk tea for free.Notably, WeChat further blocked today the promo passwords for red-envelope campaigns run by both Alibaba Qwen and Tencent Yuanbao. As a result, those keywords can no longer be copied or recognized in private or group chats.The move aims to protect WeChat's platform ecosystem and curb over-marketing that disrupts user experience. It also helps defend its social-traffic moat...

TENCENT-R

Amazon

Roblox

Li Auto

DingDong

XPENG-W

XPeng

NIO-SW

NIO Inc. USD OV

NIO Inc

Tencent HK SDR 10to1

Alibaba Qwen's Lunar New Year free-order promo was blocked by WeChat; Nio surged after its first-ever quarterly profit | Daily News Recap

---

It is terrible that silver's entire gains are wiped out. Where did the money go to?

Featured

I’m surprised to hear about the threat to $Novo Nordisk AS(NVO.US). I thought their drug would be protected by patents.

Dacai

Amzn down 10% is not a surprise with all other tech companies also falling greatly after announcing more than expected capex for 2026. US traders taking profits before tax season, people panic selling, institutions force selling to drive down the prices are what's causing this dip in the stock market. Eventually, these institutions will also be the ones buying the bottom and driving the rally once more. Investors just sit tight and dca into the stocks they have conviction and wait out.

Grab

NewUser_CkrdqW 

Current rate of return reached top 10% of users
Calculated based on  your Longbridge (Singapore) A/C

Rate Of Return

A sharp contrast between overvalued US tech stocks that we priced for perection Vs Chinese NIO that is beaten down and with lowered expectations.

LazyCat

Dividend Collector

Current rate of return reached top 30% of users
Calculated based on  your Longbridge (Singapore) A/C

Metals &amp; AMZN crash on a wild Friday. A $717M deal and Nio's profit surprise inside. Share your view &amp; earn Task Coins!

Hims & Hers Health

ETFS Capital Ltd.

ING Groep

Spotify

Hasbro

Guess

SPDR Gold Shares

🔥 Market Snapshot:  Metals Crash, AMZN Plunge & $717M Deal | Feb 6, 2026

HSMTUAN@EC2607A(25038.HK)

According to the "All-Day Express," the Hang Seng Index fell by 570 points; the Hang Seng TECH Index dropped by 148 points. Xiaomi Group fell by over 5%, Meituan by over 4%, and Alibaba by over 4%. Xinyi Glass, CNOOC, PetroChina, OOIL, and China Shenhua hit new highs with active trading

The Half-Day Express reports that the Hang Seng Index fell by 420 points; the Hang Seng Tech Index dropped by 107 points. Xiaomi Group fell by over 4%. Xinyi Glass, CNOOC, OOIL, China Shenhua, and China Coal Energy reached new highs

Meituan pilots drone delivery routes in Tingjiao Village, Tai Po, to provide meal delivery services for the elderly

Meituan, Taobao Flash Sale, and JD.com respond to new delivery regulations