HSI, HSCEI, HSTECH, HSIII Index Rebalance: US$3.4bn of Flows Post Capping (Dec 2024)
The December rebalance of the HSI, HSCEI, HSTECH and HSIII indices will use today's closing prices for capping. The round-trip trade across the...
571 Views
[Meituan (3690 HK, BUY, TP HK$165) TP Change]: C3Q24 Review: Buy or Leave?
Meituan beats revenue/profit expectations in C3Q24 but misses guidance in C4Q24. Positive catalysts include consumption stimulus, market share...
214 Views
MT/ Meituan (3690): 3Q24, Excellent Results, Still 46% Upside
Revenue grew by 22% YoY and operating margin improved 8 percentage points YoY in 3Q24. All Business lines grew strongly. We believe the stock has...
280 Views
Meituan (3690 HK): Embracing the Slowdown
Strong 3Q results were expected, but downbeat guidance disappointed. Earnings growth normalization signals end of significant re-rating, with...
346 Views
MT/Meituan (3690 HK) 3Q24 Earnings Preview: Upside Narrowed to 50%
We still believe the stock has an upside of 49% after rising 84%. We believe the operating margin will improve significantly and the growth rates...
380 Views