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Shanghai Announces 2nd Batch of Firms Joining Consumer Subsidy Program, Incl. MEITUAN-W, Ele.me
In order to implement the 2025 Shanghai home appliance, mobile phone, and home improvement consumer subsidy policy, the Shanghai Municipal Commission of Commerce, after procedures ...
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Shanghai Announces 2nd Batch of Firms Joining Consumer Subsidy Program, Incl. MEITUAN-W, Ele.me
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In order to implement the 2025 Shanghai home appliance, mobile phone, and home improvement consumer subsidy policy, the Shanghai Municipal Commission of Commerce, after procedures such as company applications, preliminary review by industry associations, and considerations by relevant authorities, announced the second batch of companies joining the 2025 home appliance, mobile phone, and home improvement consumer subsidy program, which includes e-commerce platforms such as MEITUAN-W (03690.HK)  -2.000 (-1.414%)    Short selling $992.90M; Ratio 17.817%   and Ele.me.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-08 16:25.)

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