Greater China Equity Long/Short Analyst

Eric Chen

With a blend of sell-side and buy-side perspectives, Eric has covered and researched hundreds of Greater China equities in TMT and consumer spaces - two sectors woven together by the overarching thesis of technology empowering consumption. 

Eric is highly experienced in fundamental equity long short strategy. He seeks to produce differentiated and original research that combines holistic qualitative framework, unique angles and robust modelling. The process helps gain deep insights into critical value drivers misunderstood by the market, which results in mis-priced stocks and hence long/short opportunities.

[Meituan (3690 HK, SELL, TP HK$57) Rating Change]: No Quick Skip to the Near-Term Pressures

Meituan (3690 HK): Turning Cautiously Positive

Lalatech IPO: 1H2023 Numbers Point to Strong Improvement in Financials

Equity Bottom-Up

<ul>
<li>Recent newsflow suggests positive developments bode well for Meituan’s fundamental.</li>
<li>Yet 50% share price rebound since February low means it is largely in price and 4Q23 results will serve as a window for investors to read 2024 outlook.</li>
<li>We would take some profits from the rally and wait for better entry points.</li>
</ul>


Recent newsflow suggests positive developments bode well for Meituan’s fundamental.
Yet 50% share price rebound since February low means it is largely in price and 4Q23 results will serve as a window for investors to read 2024 outlook.
We would take some profits from the rally and wait for better entry points.


Meituan (3690 HK): Improving Fundamentals Already in Price