$MEITUAN(03690.HK) is still quite strong around 170.
Meituan's adjusted profit for the third quarter is expected to rise by 106% to 11.8 billion RMB, with revenue expected to increase by 20% year-on-year to 92 billion RMB. The market is focused on the latest operational and outlook guidance from Meituan's management, as well as plans and progress for overseas business expansion and share repurchase plans.
Core local business revenue is expected to be 68.3 billion RMB, an 18.4% year-on-year increase.
New business revenue is expected to be 23.4 billion RMB, a 24.5% year-on-year increase.
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