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MEITUAN-W Tumbles 5.7% in Early Trade after Dismissing Rumors of Massive Layoffs in Product Roles
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MEITUAN-W (03690.HK) opened 0.64% lower today (28th), hitting an intraday trough of HKD73.05. It last reported at HKD73.25, down 5.73%, with a turnover of 23.1113 million shares, involving HKD1.728 billion. Meituan would reportedly initiate large-scale layoffs in its product positions, with the layoff ratio as high as 50%. Meituan staff explicitly refuted the claims, stating that the information is untrue. At present, Meituan's online application channel for the 2026 spring campus recruitment remains open as usual. Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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