SEHK:3690Hospitality
Is Meituan (SEHK:3690) Starting To Look Interesting After A Prolonged Share Price Slide?
If you are wondering whether Meituan at HK$97.20 is starting to look like value after a long slide, this piece walks through what the current market price might be implying about the business.
The stock has seen a 0.4% decline over the last week, a 5.9% decline over the past month, and a 7.1% decline year to date, extending a 34.4% decline over 1 year and a 75.8% decline over 5 years.
Recent coverage around Meituan has largely focused on how the company is positioned within China's consumer...