Buffett's senior apprentice
Rate Of ReturnIt doesn't feel like the right time to open a position yet. The valuation has already priced in Alibaba's offensive. However, the erosion by Douyin might eventually lead to the loss of the in-store business, which is the major profit driver. The negative impact of this part hasn't been fully realized yet. Actually, Xiaoxiang is very good, but it's a very long-term play, and currently, it's not a good time to open a position either.
Meituan has fallen below its 52-week low. Is it time to consider opening a position?
After hovering around the HK$100 mark for a long time, Meituan's rebound ultimately lacked strength. On February 5th, it decisively fell below its 52-week low, touching HK$90.2. Looking back at the high of HK$189.6 on March 7th, 2025, the stock price has now been halved. The brutality of the battle among giants is laid bare on the K-line chart. With Alibaba's heavy pressure from the front and Douyin's covetous gaze from behind, Meituan is caught between a rock and a hard place. The stock's downtrend doesn't lie. In contrast, Alibaba's situation appears much more comfortable, with a 52-week low of HK$94, a 52-week high of HK$186, and a current price of HK$158...
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