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| HSI1 | 26,033.26 | +174.37 | 200.88B |
| HSCEI1 | 9,172.84 | +42.66 | 76.25B |
| Back Zoom + Zoom - Block Traded | |
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2025-12-01 11:58:43 MEITUAN-W (03690.HK), having announced its 3Q25 results, posted a loss lower than expected, and adjusted operating loss at RMB17.5 billion, Goldman Sachs’ report said. Goldman Sachs chopped Meituan's 12-month target price from HKD139 to HKD120, due to lowered forecast of long-term food delivery EBIT per order and revised in-store, hotel and travel P/E multiple of 14x (from 18x) on moderated low-teens revenue growth outlook. Despite recent weak profitability, considering Meituan's stock underperformance YTD, and an upward skew to the broker’s bull/base/bear valuations of +48%/+17%/-25% vs. the current share price, the broker maintained a Buy rating, citing confidence in Meituan's overall leadership in local services. ~ AASTOCKS Financial News Website: www.aastocks.com | |