---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/38823449.md"
description: "$MEITUAN(03690.HK)An entire industry only has 40 billion in profit.Suddenly, 150 billion in subsidies are thrown in.With money being thrown around like this, no industry has a moat."
datetime: "2026-02-23T02:38:54.000Z"
locales:
  - [en](https://longbridge.com/en/topics/38823449.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/38823449.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/38823449.md)
author: "[天弢](https://longbridge.com/en/profiles/14360566.md)"
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/topics/38823449.md) | [繁體中文](https://longbridge.com/zh-HK/topics/38823449.md)


# $MEITUAN(03690.HK)An entire industry only has 40 b…


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