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| HSI1 | 25,690.53 | 0.00 | -- |
| HSCEI1 | 8,901.23 | 0.00 | -- |
| Back Zoom + Zoom - Block Traded | |
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2025-12-19 13:12:54 CICC published a research report saying that it recently invited MEITUAN-W (03690.HK) for a non-deal roadshow, during which management shared the latest dynamics in the food delivery instant retail competition and in-store hotel and tourism business competition, as well as the development of overseas business. Recently, the focus of food delivery competition shifted to high-value users, and MEITUAN-W is confident in driving profits back to reasonable levels in the long term. CICC kept its 2025 adjusted net loss forecast for MEITUAN-W at RMB16.8 billion and 2026 adjusted net profit forecast at RMB19.6 billion, with rating at Outperform and a target price of $125, corresponding to a 15x adjusted PE ratio in 2027 and a 23% upside. The current share price corresponds to a 12x adjusted PE ratio for 2027. ~ AASTOCKS Financial News Website: www.aastocks.com | |