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MPNGF Meituan (ADR)

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16.750
0.0000.00%

15min DelayClose Apr 29 15:17 ET

102.34BMarket Cap21.53P/E (TTM)

Meituan (ADR) Stock Forum

Spinee

Jun 12, 2024 14:51

G Sachs: $MEITUAN-W (03690.HK)$ New Buyback Plan Shows Ongoing Efforts in Returning to Shareholders.
$Meituan ADR (MPNGY.US)$ $Meituan (ADR) (MPNGF.US)$

Spinee: MEITUAN Buys Back 5.3046M Shrs, Involving $600M

Spinee

Jun 12, 2024 14:18

MEITUAN Buys Back 5.3046M Shrs, Involving $600M

$MEITUAN-W (03690.HK)$ disclosed in a statement that on 11 June, it repurchased 5.3046 million shares on the Stock Exchange at a price of $107.9-$116.5 per share, involving a total amount of about $600 million.
Since the ordinary resolution was passed, a total of 93.1925 million shares have been repurchased, representing 1.493% of the company's share capital.
$Meituan ADR (MPNGY.US)$ $Meituan (ADR) (MPNGF.US)$

Spinee

Jun 12, 2024 12:39

Matthew Kwok: Market Held Back Ahead of FOMC Meeting; MEITUAN Share Price Expected to React Positively

Independent stock commentator Matthew Kwok noted that the Hong Kong market was repeatedly pressured by lower expectations of interest rate cuts and a weakening RMB. $Hang Seng Index (800000.HK)$ fell below 18,000 but narrowed losses by the end of the session with vibrant trading. Ahead of the FOMC meeting, the market remained cautious. The index might test 18,000 support again, with resistance aroun...

Spinee

Feb 22, 2024 14:12

Expect a consistent theme from China this 1H24

Domestic consumption led by travel/tourism/dining, while people seek to buy "more for less". $Alibaba (BABA.US)$ $BABA-W (09988.HK)$ $PDD Holdings (PDD.US)$ $Global X MSCI China Consumer Discretionary ETF (CHIQ.US)$ $MEITUAN-W (03690.HK)$ $Meituan (ADR) (MPNGF.US)$

Spinee: 中国人民银行：自纽约晚会以来，中国在线支付交易突破人民币7.7万亿元，同比增长10.1％

Spinee

Jan 22, 2024 10:58

Here’s 10 Things You Might Have Missed in China Last Week (1/15 to 1/19):

1. Baidu's Military Connection Raises Sanction Concerns

Reports indicate that China’s military has linked its AI program with Baidu’s ChatGPT-like service, sparking fears of potential US sanctions due to its involvement in state-backed military projects. Baidu denies affiliation with the People's Liberation Army, but as a leading AI firm in China, it may face sanctions from the US and its allies. $Baidu (BIDU.US)$ $BIDU-SW (09888.HK)$ $ChatGPT (LIST1347.HK)$ $Artificial Intelligence (LIST2136.US)$
...

Spinee

Jan 19, 2024 09:48

MEITUAN-W Repurchases 5.7306M Shrs, Involving $400M

$MEITUAN-W (03690.HK)$ disclosed in a statement that on 18 January, it repurchased 5.7306 million shares on the Stock Exchange at a price of $68.4-$71.35 per share, involving a total amount of about $400 million.
Since the ordinary resolution was passed, a total of 38.3841 million shares have been repurchased, representing 0.6149% of the company's share capital.
$Meituan ADR (MPNGY.US)$ $Meituan (ADR) (MPNGF.US)$

Spinee

Jan 5, 2024 22:08

MEITUAN's KeeTa Grosses 1.3M+ User Downloads & Registrations

KeeTa, the takeaway platform of $MEITUAN-W (03690.HK)$ , announced that more than 1.3 million users have downloaded and registered the App so far, with more than 10,000 new downloads per day in Hong Kong. User activity in December 2023 surged more than 50% month-on-month.
KeeTa cited third-party data from Measurable AI, which indicated that KeeTa accounted for approximately 30.6% of the total number of orders in Hong Kong based on takea...

Spinee

Dec 7, 2023 21:09

MEITUAN's Takeaway Livestreaming GMV Tops RMB2B in Oct, Report Says

$MEITUAN-W (03690.HK)$ 's takeaway livestreaming is regarded internally as this year's strategic business, Chinese news broke.
In April, results were gradually yielded after the opening of the first takeaway live broadcast. In July, the gross merchandise volume (GMV) approximated RMB500-600 million, a monthly growth of 20%; in August, the GMV swiftly surged to RMB1-1.2 billion; and in October, the monthly GMV exceeded RMB2 billio...

Spinee

Dec 5, 2023 14:09

MEITUAN Reportedly Undergoes Significant Managerial Shuffles

$MEITUAN-W (03690.HK)$ 's CEO Wang Xing issued an internal letter, announcing the appointments for the heads of several technical departments.
$Meituan ADR (MPNGY.US)$ $Meituan (ADR) (MPNGF.US)$ $KraneShares CSI China Internet ETF (KWEB.US)$ $Hang Seng TECH Index (800700.HK)$

Spinee

Nov 29, 2023 10:45

MEITUAN Plans to Repurchase Shrs for No More than US$1B from Fri

$MEITUAN-W (03690.HK)$ announced that the board of directors of the Company, on November 28, 2023, resolved to repurchase shares of the Company in the open market from time to time up to US$1 billion in value starting from December 1, 2023, pursuant to the share repurchase mandate approved by the shareholders of the Company at the annual general meeting.
The Company believes that the share repurchase will demonstrate the Company’s c...

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