News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
 Content Sharing
<Research>Citi Expects MEITUAN-W (03690.HK) In-line 1Q Results; CLC Operating Loss Seen Narrowing to RMB4.6B
MEITUAN-W (03690.HK) was expected to announce its 1Q26 results before the end of May, with performance in line with the broker's and market's expectations, Citi said in its...
Reset
Send
The window will close in 5 seconds
<Research>Citi Expects MEITUAN-W (03690.HK) In-line 1Q Results; CLC Operating Loss Seen Narrowing to RMB4.6B
Close
Recommend
26
Positive
42
Negative
11
 
SHORT SELL
 
STOCK INFO
aacat by AASTOCKS
Open a new trading account to get 1 Intel/Selected Gold ETF share!

MEITUAN-W (03690.HK)  +0.700 (+0.852%)    Short selling $262.95M; Ratio 25.436%   was expected to announce its 1Q26 results before the end of May, with performance in line with the broker's and market's expectations, Citi said in its report.

The market will shed light on a notable QoQ narrowing of the Core Local Commerce (CLC) operating loss. The broker forecast the loss at RMB4.6 billion, narrowing by RMB5.5 billion from the previous quarter, reflecting stricter subsidy control by the company amid an improving competitive environment.

Related News CLSA Expects MEITUAN-W (03690.HK) 1Q26 Food Delivery Loss to Narrow Sharply QoQ to RMB7B
Looking ahead to 2Q26, the broker expected CLC revenue to elevate QoQ, on the back of seasonal peak demand and easing competitive pressure, with the operating loss likely to narrow further.

The Buy/High Risk rating was maintained, with a TP of HKD110.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-05-19 12:25.)

Auto-translated by AI
View Original Text
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.

AASTOCKS Financial News
Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.