
$MEITUAN(03690.HK)The shareholders' meeting was quite clear: they will follow their own path. As for the investment market, especially the Hong Kong stock market, short-term fluctuations are not within their management scope. They also clearly mentioned "northbound capital" and "retail investors," so the company has the capability and confidence, while the capital market is beyond their control.
This is the first time I've heard a leading company in the industry separate capital markets from company operations... Is Wang Xing unable to hire people from Goldman Sachs/Morgan/HSBC??? Tencent would laugh to death: what a small-town bumpkin.
Why bother looking at long-term company data? After all, capital belongs to capital, and when the big players come, everyone gets cut.
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