Feed Explorer$MEITUAN(03690.HK) Bought a Meituan bull certificate, just as an example. Before Zhipu's listing, Meituan held 17 million shares of Zhipu at approximately 18 yuan. Zhipu listed in early January 2026 and has since risen to 1,100 yuan, about 60 times the original price. This single investment alone yielded over 15 billion yuan, possibly even more, enough to cover the food delivery losses, plus other investment income. Therefore, it is expected that the first half-year report will show a turnaround from loss to profit.
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