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| HSI1 | 24,718.10 | +468.81 | 316.44B |
| HSCEI1 | 8,374.43 | +157.35 | 90.88B |
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2026-06-11 12:04:48 The profit recovery outlook for MEITUAN-W (03690.HK)'s food delivery has become more visible, Goldman Sachs said in its report. Its 1Q results showed that its UE further widened vs the second-largest competitor. The broker forecast the company’s CLC revenue to grow 5% YoY in 2Q, with CLC EBIT expected to whop RMB3.1 billion, both better than its previous estimates. Goldman Sachs raised its long-term per-order profit forecast for Meituan’s food delivery business to RMB1, and expected the segment to achieve break-even as early as 2Q. It maintained a Buy rating and lifted the TP from HKD112 to HKD116. ~ AASTOCKS Financial News Website: www.aastocks.com | |