SEHK:3690Hospitality
Does Meituan’s Share Price Hide Opportunity After 7% Weekly Gain and Ongoing Regulatory Changes?
Ever wondered if Meituan’s current share price might actually hold some untapped value? Let’s look at what has been driving the conversation around this stock lately.
Despite one-week gains of 7.3 percent and a 2.5 percent increase over the past month, Meituan’s shares are still down over 30 percent year to date and off by nearly 40 percent in the past year.
Recent news has centered on China’s fluctuating consumer demand and evolving regulatory changes impacting the internet sector. These...