---
title: "@$MEITUAN(03690.HK) exited the short-term position first because it reached the take-profit price at"
description: "@$MEITUAN(03690.HK) exited the short-term position first because it reached the take-profit price at a 2:1 risk-reward ratio. It's not that we don't like Meituan, but Chinese concept stocks are not ve"
type: "topic"
locale: "en"
url: "https://longbridge.com/en/topics/23896977.md"
published_at: "2024-09-16T15:43:49.000Z"
author: "[投资之路](https://longbridge.com/en/profiles/1262897)"
---

# @$MEITUAN(03690.HK) exited the short-term position first because it reached the take-profit price at

@$MEITUAN(03690.HK) exited the short-term position first because it reached the take-profit price at a 2:1 risk-reward ratio. It's not that we don't like Meituan, but Chinese concept stocks are not very popular now. Waiting for the next pullback to buy.

### Related Stocks

- [03690.HK - MEITUAN](https://longbridge.com/en/quote/03690.HK.md)
- [MPNGY.US - Meituan](https://longbridge.com/en/quote/MPNGY.US.md)
- [83690.HK - MEITUAN-WR](https://longbridge.com/en/quote/83690.HK.md)
- [PGJ.US - Invesco Golden Dragon China](https://longbridge.com/en/quote/PGJ.US.md)

---

> **Disclaimer**: This article is for reference only and does not constitute any investment advice.