SEHK:3690
SEHK:3690Hospitality

Meituan (SEHK:3690) eyes Southeast Asia expansion to leverage growth amid strong earnings performance

Meituan (SEHK:3690) has recently completed a significant fixed-income offering of $1.19562 billion, reinforcing its financial strategy with a 4.500% senior unsecured note due in 2028. This move aligns with the company's impressive earnings growth of 175.5% over the past year, driven by strategic product innovations and robust financial health. As Meituan navigates challenges such as rising operational costs and regulatory changes, the following discussion will delve into its strategic...
SEHK:388
SEHK:388Capital Markets

Hong Kong Exchanges and Clearing (SEHK:388) Expands to Riyadh, Strengthening Middle East Connectivity

Hong Kong Exchanges and Clearing (SEHK:388) is making significant strides with plans to open a new office in Riyadh in 2025, aiming to enhance its Middle East presence and strengthen connectivity between China and the Gulf region. Despite a robust Return on Equity of 23.4% and innovative product offerings driving customer engagement, the company faces challenges such as a 3.1% earnings decline and operational inefficiencies. The following discussion will delve into these developments,...