--- title: "Understanding the Market | MEITUAN rose nearly 3% during the session, UNITREE Technology surged on its first listing, and Meituan's holdings have a floating profit exceeding 30 billion yuan" type: "News" locale: "en" url: "https://longbridge.com/en/news/296298678.md" description: "Meituan-W rose nearly 3% during the session, and as of the time of writing, it is up 2.34%, priced at HKD 87.55, with a transaction volume of HKD 1.245 billion. In terms of news, on August 19, UNITREE Technology officially landed on the A-share Science and Technology Innovation Board, opening at RMB 1,100 per share, a high opening of 629.44%, with a total market value reaching RMB 444.9 billion. Before this issuance, Meituan was the largest external institutional shareholder of UNITREE Technology, holding approximately 9.65% of the shares through three entities: Hanhai Information, Galaxy Z, and Chengdu Longzhu. After the issuance, the combined shareholding ratio of the three entities is approximately 8.68%, corresponding to about RMB 38.6 billion based on the latest market value, with an unrealized gain exceeding RMB 30 billion. In addition, Meituan will announce its second-quarter results at the end of August. Citigroup expects the company's performance to meet or slightly exceed expectations, maintaining its existing forecast unchanged, which is a year-on-year revenue growth of 10.7% to RMB 101.7 billion, with adjusted net profit estimated at RMB 633 million, compared to the market's general expectation of RMB 100.9 billion and RMB 270 million. Under the regulatory scrutiny of subsidies and competition, the bank believes that the unit economic benefits of the takeaway business may recover faster than expected, which is likely to drive performance positively" datetime: "2026-08-19T03:52:04.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/296298678.md) - [en](https://longbridge.com/en/news/296298678.md) - [zh-HK](https://longbridge.com/zh-HK/news/296298678.md) --- # Understanding the Market | MEITUAN rose nearly 3% during the session, UNITREE Technology surged on its first listing, and Meituan's holdings have a floating profit exceeding 30 billion yuan According to Zhitong Finance APP, Meituan-W (03690) rose nearly 3% during the trading session, and as of the time of writing, it was up 2.34%, priced at HKD 87.55, with a transaction volume of HKD 1.245 billion. In terms of news, on August 19, UNITREE Technology officially landed on the A-share Sci-Tech Innovation Board, opening at RMB 1,100 per share, a high opening of 629.44%, with a total market value reaching RMB 444.9 billion. Before this issuance, Meituan was the largest external institutional shareholder of UNITREE Technology, holding approximately 9.65% of the shares through three entities: Hanhai Information, Galaxy Z, and Chengdu Longzhu. After the issuance, the combined shareholding ratio of the three entities is approximately 8.68%, corresponding to about RMB 38.6 billion based on the latest market value, with a floating profit exceeding RMB 30 billion. In addition, Meituan will announce its second-quarter results at the end of August. Citigroup expects the company's performance to meet or slightly exceed expectations, maintaining its existing forecast unchanged, which is a year-on-year revenue growth of 10.7% to RMB 101.7 billion for the second quarter, with adjusted net profit recorded at approximately RMB 633 million, compared to the market's general expectation of RMB 100.9 billion and RMB 270 million. Under the regulatory scrutiny of subsidies and competition, the bank believes that the unit economic benefits of the takeaway business may recover faster than expected, which is likely to drive performance positively ### Related Stocks - [MPNGY.US](https://longbridge.com/en/quote/MPNGY.US.md) - [03690.HK](https://longbridge.com/en/quote/03690.HK.md) - [688836.CN](https://longbridge.com/en/quote/688836.CN.md) - [C.US](https://longbridge.com/en/quote/C.US.md) - [83690.HK](https://longbridge.com/en/quote/83690.HK.md) - [HMTD.SG](https://longbridge.com/en/quote/HMTD.SG.md) - [C-R.US](https://longbridge.com/en/quote/C-R.US.md) ## Related News & Research - [Unitree's 'Superman' Robot Smashes Human Record for Standing Vertical Jump](https://longbridge.com/en/news/296183985.md) - [MORNING BID AMERICAS-Bonds out, robots in](https://longbridge.com/en/news/296340709.md) - [China robot makers flock to Beijing show, seek path to mass adoption](https://longbridge.com/en/news/296319246.md) - [China's JD.Com, Meituan, Alibaba Speed Discount Supermarket Expansion](https://longbridge.com/en/news/296069444.md) - [EXPLAINER-What is Unitree and why are China’s humanoid robot makers racing to list?](https://longbridge.com/en/news/295349610.md)