GO
| HSI1 | 24,498.95 | -18.81 | 236.41B |
| HSCEI1 | 8,853.10 | -8.29 | 74.68B |
| Back Zoom + Zoom - Block Traded | |
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2025-07-17 09:51:31 UBS has issued a report forecasting that MEITUAN-W (03690.HK) will invest RMB25 billion in its food delivery business in 2025 to defend its core operations. In comparison, it is expected that JD-SW (09618.HK) will invest RMB35 billion, while BABA-W (09988.HK) will invest RMB50 billion. Experts predict that Meituan Waimai's food delivery order volume, as driven by subsidies, will accelerate to a mid-teens YoY growth of 15-16% in 2Q25, compared to a 9% growth in 1Q25. UBS lowered its target price for MEITUAN-W from HKD200 to HKD172, with a Buy rating. ~ AAStocks Financial News Web Site: www.aastocks.com | |