bullish

Meituan

Meituan Fined RMB3.44bn; Expect Short-Term Gains with Positive Shift in Sentiment

Meituan was imposed an antitrust fine of US$534m (RMB3.44bn) on Friday and we expect the company’s shares to see gains in the short-term as there will be a positive shift in investor sentiment.
189 Views11 Oct 2021 14:14
Shifara has highlighted this Insight as a Top Pick
SUMMARY(Sign Up to Access)
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
  • Unlimited Research Summaries
  • Personalised Alerts
  • Custom Watchlists
  • Company Analytics & News
  • Events & Webinars
or
Trusted by:
Bloomberg
Societe Generale
SGX
Sequoia
Interactive Broker
Refinitiv
Already have an account? Sign In Now
Full Insight
(Paid Plans Only)
Discussions
(Paid Plans Only)
Logo
Top Quartile
Shifara Samsudeen, ACMA, CGMA
Equity Analyst
LightStream Research
JapanIndustrialsEquity Bottom-UpEquity Capital Markets
Price Chart(Sign Up to Access)
analytics-chart
x