---
title: "$MEITUAN(03690.HK) What's the logic behind buying? Betting on a short-term dead cat bounce? It's a c"
description: "$MEITUAN(03690.HK) What's the logic behind buying? Betting on a short-term dead cat bounce? It's a company that's constantly being eroded, its value being divided and consumed. Might as well buy Aliba"
type: "topic"
locale: "en"
url: "https://longbridge.com/en/topics/38748498.md"
published_at: "2026-02-16T03:04:11.000Z"
author: "[田所浩二的交易员](https://longbridge.com/en/profiles/18791209)"
---

# $MEITUAN(03690.HK) What's the logic behind buying? Betting on a short-term dead cat bounce? It's a c

$MEITUAN(03690.HK) What's the logic behind buying? Betting on a short-term dead cat bounce? It's a company that's constantly being eroded, its value being divided and consumed. Might as well buy Alibaba. Everything Meituan has, Alibaba has too, but Alibaba has things Meituan doesn't. Waiting for the day you get kicked out of the Hang Seng TECH Index. Once Alibaba finishes expanding, Meituan will just be guarding its own little plot, no longer the giant it once was.

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---

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