CIMTUAN@EP2607A

Meituan Acquires Dingdong's Groceries Business Through Subsidiary

Meituan's Hong Kong food delivery platform Keeta launches a new mascot and Chinese New Year promotions

Analysis suggests Spring Festival red envelope war among tech giants shifts to competing for AI entry points, with Meituan participating

Citi Predicts Meituan Q1 Performance and Maintains Stock Rating

Hurun China 500 list released, Meituan drops out of the top ten, ranking 17th.

XiJiu Partners with Meituan Wines and Spirits for Strategic Cooperation

Meituan to Appear in Court as a Defendant in a Dispute over Infringement of the Right to Disseminate Works through Information Networks

Meituan Issues First Social Security Subsidy of 2026 to Riders in Changsha

Hong Kong tech stocks sold off, Meituan falls 2.1%

Analysts note the Hang Seng Tech Index has entered a technical bear market following significant recent declines

Options Data Reveals Fund Flows, Analysts Cautious on Hong Kong Stocks

Southbound Trading net inflow into Meituan reached HK$404 million today

Meituan Releases New Unified Multimodal Large Model STAR

Market focuses on the unmanned delivery sector, with Meituan as a key player

Daily short-selling data shows Meituan's short-sell value reached HK$811 million

UOB Kay Hian Adds Meituan to Sell List

Hang Seng Index opens lower, Meituan stock price falls nearly 2%

Economic Daily discusses the "food delivery to villages" phenomenon, analyzing its challenges and opportunities

East Buy enters the instant retail sector, will directly compete with Meituan, Alibaba, and JD.com

Meituan and other tech stocks fall amid value-added tax rumors

MODERN LAND

CAPITAL VC RTS

JIU RONG HOLD

UNITAS HOLD

UNI PRINTSHOP

KFM KINGDOM

MACAU E&M

WAI CHUN GROUP

SHEUNG YUE GP

C&D NEWIN

03690

MPNGY

- On February 5, Meituan announced plans to fully acquire Dingdong Maicai for $717 million, marking a significant deal in the local lifestyle sector amid ongoing competition in fresh e-commerce.  
- The acquisition will allow Meituan to integrate Dingdong's advanced supply chain capabilities, enhancing its position in the rapidly evolving instant retail market.  
- This move underscores Meituan’s strategy shift from aggressive market expansion to ecosystem integration, driving the company to fortify its core fresh food business amidst intensifying competition.

Wallstreetcn

MEITUAN

Meituan

Meituan acquires Dingdong Maicai

Feb 5 (Reuters) - Meituan:* ACQUISITION OF ALL ISSUED SHARES OF DINGDONG FRESH HOLDING LIMITED* TO ACQUIRE DINGDONG FRESH AT INITIAL CONSIDERATION OF US$717 MILLION Further company coverage:

Reuters

DingDong

Meituan Announces Acquisition Of All Issued Shares Of Dingdong Fresh Holding Limited

Meituan acquired 100% of DingDong's China business for USD 717 million, and the transaction is subject to antitrust review. DingDong has a strong supply chain and high repurchase rate in the domestic fresh food e-commerce sector. Meituan stated that this acquisition will enhance both parties' advantages in products, technology, and operations, improving the consumer experience. The founder of DingDong has committed not to participate in the fresh food e-commerce competition in the Greater China region for the next five years

- Meituan (3690) announced the acquisition of 100% of Dingdong (US: DDL)'s Chinese business for an initial price of $717 million (approximately HK$5.59 billion), with a maximum withdrawal of $280 million (approximately HK$2.18 billion) while ensuring net cash remains above $150 million (approximately HK$1.17 billion).  
- The transaction, which requires antitrust review by the market supervision bureau, is seen as a strategic move to leverage the strengths of both companies in the grocery retail sector, where Dingdong is a leading player with strong supply chain capabilities.  
- Dingdong’s founder, Liang Changlin, noted the alignment of both companies' missions, establishing a foundation for the strategic merger.

Stheadline

Meituan acquires DingDong's China business for 5.6 billion, integrating over a thousand front warehouses in mainland China, sellers banned from domestic retail competition for 5 years

ONLN

IBUY

EBIZ

On February 5, 2026, Dingdong (Cayman) Limited, a prominent fresh grocery e-commerce firm in China trading on the NYSE under the symbol DDL, disclosed the signing of a definitive Share Purchase Agreement with Two Hearts. This move signifies a significant development for Dingdong and its strategic partnerships.

Unusual Whales

ProShares Online Retail

Amplify Online Retail ETF

Global X E-commerce ETF

Dingdong (NYSE: DDL) sells its China business to Meituan. Share Purchase Agreement reached with Two Hearts.

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Dingdong (Cayman) Ltd. has finalized an agreement to sell its China business to Two Hearts Investments Limited, a wholly-owned subsidiary of Meituan, for $717 million in cash. The deal involves the sale of all issued and outstanding shares of Dingdong Fresh Holding Limited, which operates the majority of Dingdong's business in China. The international operations will remain unaffected and continue to be managed by Dingdong. The payment will be made in two installments, subject to certain adjustments.

- Dingdong (Cayman) Ltd. has finalized an agreement to sell its China business to Two Hearts Investments Limited, a wholly-owned subsidiary of Meituan.  
- The deal entails the sale of all issued and outstanding shares of Dingdong Fresh Holding Limited, which handles most of Dingdong's operations in China, while international operations will remain unaffected.  
- The purchase price is set at 717 million USD in cash, subject to certain adjustments, and will be paid in two installments.

Yinhua CSI Food & Beverage Sub-Industry Theme ETF

Hwabao WP CSI Food & Beverage Sub-Industry ETF

Dingdong verkauft China-Geschäft an Meituan für 717 Millionen US-Dollar

Meituan is acquiring Dingdong’s grocery retail business through its subsidiary, Two Hearts Investments Limited, for approximately RMB1,644.79 million. Post-transaction, Dingdong will become an indirect wholly-owned subsidiary of Meituan, with its financial results consolidated into Meituan’s group statements. The Board considers the acquisition fair, reasonable, and aligned with strategic interests.

- Meituan is acquiring all issued shares of a target company through its subsidiary, Two Hearts Investments Limited, for approximately RMB 1,644.79 million.  
- Following the acquisition, the target will become an indirect wholly-owned subsidiary, and its financial results will be integrated into Meituan’s group financial statements.  
- The Board of Meituan views the acquisition as fair and aligning with the company's strategic interests.

Meituan Acquires Dingdong’s Grocery Retail Business

Hong Kong stocks fell first and then rose today, with the Hang Seng Index closing up 37 points at 26,885 points. The National Index and the Hang Seng Tech Index rose by 44 points and 39 points, respectively. Technology stocks showed mixed performance, with Tencent slightly down 0.1% and Baidu's stock price rising 2.7%. Meituan and JD.com rose by 1.8% and 0.8%, respectively. Commodity stocks generally declined, with China Silver and China Gold International falling by 6% and 5.6%, respectively. The total market turnover was HKD 315.112 billion

AASTOCKS

ChinaAMC CSI Auto Components Thematic ETF

BIDU-SW

Ping An CSI Auto Components Thematic ETF

JD-SW

E Fund CSI Auto Components Thematic ETF

TENCENT

FL2 CSOP HSI

HFT CSI Auto Components Thematic ETF

KraneShares 2x Long JD Daily ETF

JD HEALTH

JD.com

Guotai CSI 800 Automobile and Parts ETF

FI2 CSOP HSI

"Hong Kong Stocks" The Hang Seng Index rose by 37 points, with automotive and consumer stocks increasing while commodity stocks declined

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The precious metals sector experienced a significant adjustment during the trading session, with Hunan Silver hitting the daily limit down, Xiaocheng Technology falling over 10%, Baiyin Nonferrous reaching the daily limit down, and SC GOLD, Hunan Gold, Yuguang Gold & Lead, ZJIG, among others, showing notable declines. The consumer sector collectively strengthened, with beauty care, tourism, food, retail, and film and television sectors all rising, leading to multiple stocks such as Lafang Home, Anji Food, Haixin Food, Hongmian Co., Hangzhou Jiebai, Zhejiang Wen Film, and Hengdian Film hitting the daily limit up

- The technology sector is experiencing a downturn, with notable declines in semiconductor and AI stocks following a sell-off in U.S. software shares.  
- The A-share market opened lower on February 5th, with all major indexes declining, while various sectors like retail and tourism showed some recovery.  
- Notably, the precious metals sector faced significant adjustments, with silver prices falling sharply amidst a broader decline across domestic commodity futures.

Hunan Silver

Hunan Gold

ZJIG

Baiyin Nonferrous

Yuguang Gold&Lead

SC GOLD

AH shares all fell! The ChiNext Index dropped by 2%, computing hardware stocks and precious metals collectively adjusted, the Hang Seng Index fell by more than 1%, and tech stocks broadly declined

Goldman Sachs report pointed out that the market continues to pay attention to the AI investment and regulatory risks of Chinese internet giants, with the Hang Seng Tech Index dropping about 10% over the week. It is expected that 2026 will be a strategic turning point, with major trends including intensified competition in consumer-side AI applications, increased capital expenditure in cloud business, and heightened concerns over regulatory taxation. The unlisted ByteDance's progress in the AI field is driving the overall sector transformation, with valuations relatively reasonable. Goldman Sachs expects that policies will present a mixed effect of "promoting growth + countering involution," benefiting the industry competitive landscape

SPDR S&P Semicon

Tianhong CSI Computer Theme ETF

ChinaAMC Hang Seng Technology ETF(QDII)

Guotai CSI Semiconductor Material Equipment Theme ETF

Hang Seng TECH ETF I

Dacheng Hang Seng Technology ETF(QDII)

VanEck Semiconductor ETF

China Southern CSI Semiconductor Industry Custom ETF

Guotai CES Semiconductor Chip Industry ETF

Guotai CSI Computer Theme ETF

Invesco Semiconductors ETF

ByteDance

GTJA Allianz SSE STAR Chip Design Thematic ETF

GTJA Allianz CSI All Share Semiconductors & Semiconductor Equipment ETF

Goldman Sachs: The market is concerned about the regulation and tax policies of Chinese technology stocks; this year is a strategic turning point for the giants

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Citi expects Meituan to announce its Q4 2025 results by the end of March, with results likely to meet market expectations. It maintains a cautious outlook on growth prospects for Q1 2026 and the full fiscal year, keeping a "Neutral" rating and a target price of 115 yuan. Although market consensus forecasts for Meituan in 2026 and 2027 have declined, total revenue forecasts remain above Citi's predictions. Citi predicts that Meituan will record a net loss of 13 billion yuan in FY 2026, citing a challenging competitive environment with intensified competition from Alibaba and Douyin in the market share battle

BABA-W

Citi: Expects Meituan's last quarter performance to meet expectations, intensified competition drags down profit outlook, maintains "Neutral" rating

The Hang Seng Index opened down 0.82%, and the Hang Seng Tech Index fell 1.31%. Bilibili dropped over 4%, Tencent Music and HUA HONG SEMI fell over 3%, and Alibaba, KUAISHOU, SMIC, Meituan, and others dropped over 2%. Baidu rose over 2% and authorized the implementation of a stock repurchase plan totaling no more than USD 5 billion, with the first dividend expected to be announced in 2026

- The Hang Seng Index opened down 0.82%, with the Hang Seng Tech Index falling by 1.31%.  
- Bilibili dropped over 4%, while Tencent Music, Hua Hong Semiconductor, Alibaba, Kuaishou, SMIC, and Meituan all saw declines exceeding 2%.  
- Baidu rose over 2% after announcing a stock buyback plan not exceeding 5 billion USD, with initial dividend distribution expected in 2026.

Tencent Music

Baidu

BILIBILI-W

TME-SW

Alibaba

KUAISHOU-W

Hang Seng Index

HUA HONG SEMI

The Hang Seng Index opened down 0.82%, and the Hang Seng Tech Index fell 1.31%

Same here, I expected this same review

Featured

Rising policy are uncertainty point to higher volatility. Stay selective

Victor y

Total asset size ranks among the top 70% of account holders
Calculated based on  your Longbridge (Singapore) A/C

Total Assets

Commemorative

Apple

dingdongbell

Current rate of return reached top 90% of users
Calculated based on  your Longbridge (Singapore) A/C

Rate Of Return

Meituan is reportedly entering the automotive industry.What's going on, Wang Xing is investing in electric vehicle manufacturing

陳致高

Midnight Ninja

Orders

👋 Hey brilliant investors! It's Friday, and the market is telling two very different stories. While banks and semis hit new peaks, the macro and political landscape is getting more complex. Let's break it down:

Goldman Sachs

Morgan Stanley

MORGAN STANLEY DEP SHS REPS 1/1000 PFD SER 'A'

MORGAN STANLEY DEP SHS REPS 1/1000 7.125% PFD E

MORGAN STANLEY DEP SHS REPR 1/1000TH INT PFD SER 'F' FX

MORGAN STANLEY NON-CUM DEP SH REP 1/1000 PFD SER I

MORGAN STANLEY DEP SHS REP 1/1000 NON-CUM PFD STK SER K

MORGAN STANLEY 4.875 DEP SHS REP 1/1000 NCUM PFD SR L

MORGAN STANLEY DEP SHS EA REP 1/1000 SHS NON CUM PFD O

MORGAN STANLEY 6.5%DEP SHS REPSTG 1/1000 NON CUM SER P

MORGAN STANLEY DEP SHS REPSTG 1/1000TH PFD SER Q

Taiwan Semiconductor

Eli Lilly

XIAOMI-W

Xiaomi Corporation

XIAOMI-WR

MEITUAN-WR

🔥 U.S. Market Digest | Jan 16, 2026: Market Split - Banks & Chips Soar, While Macro Clouds Gather

GOLDMAN SACHS GROUP INC DEP SHR REP 1/1000TH PFD SER A

GOLDMAN SACHS GROUP INC DEP SHS REPSTG 1/1000TH PRF SER C

GOLDMAN SACHS GROUP INC DEP REP 1/1000TH PRF D

BTQ Tech

Xiaomi HK SDR 2to1

Meituan HK SDR 5to1

Tsmc will fly to the moon, let’s go!

How does TSMC help you drive other tech stocks

股市江湖故事会

TSMC delivered as always and helping to pull the other tech stocks along

I’m still bullish and optimistic

Still optimistic about AI technology

The whole world is developing AI, and AI will dominate the market in the next few years, followed by power and storage.

Bullish on AI, go with the hype, manage the risk!

CIMTUAN@EP2607A(20793.HK)

Meituan acquires Dingdong Maicai

Meituan Announces Acquisition Of All Issued Shares Of Dingdong Fresh Holding Limited

Meituan acquires DingDong's China business for 5.6 billion, integrating over a thousand front warehouses in mainland China, sellers banned from domestic retail competition for 5 years

Dingdong (NYSE: DDL) sells its China business to Meituan. Share Purchase Agreement reached with Two Hearts.

Dingdong verkauft China-Geschäft an Meituan für 717 Millionen US-Dollar