#Meituan Earnings Report, Understand it in One Go!
Forecast Meituan's Q4 revenue at approximately 128 billion, non-IFRS net profit at 11.5 billion, core local commerce profits remain stable, new business losses narrowed to within 1.4 billion. I opened a position at 98 HKD, with a cost of 105 HKD, optimistic about the moat and profit improvement in local services, firmly bullish, target price 150 HKD.
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