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Meituan (3690.HK)

HKSE - HKSE Delayed price. Currency in HKD
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87.900-2.700 (-2.98%)
At close: 04:08PM HKT
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Previous close90.600
Bid87.800 x 0
Ask87.900 x 0
Day's range85.350 - 90.500
52-week range85.350 - 195.600
Avg. volume28,235,774
Market cap548.746B
Beta (5Y monthly)0.87
PE ratio (TTM)65.11
EPS (TTM)1.350
Earnings date28 Nov 2023
Forward dividend & yieldN/A (N/A)
Ex-dividend dateN/A
1y target est167.06
  • Reuters

    EMERGING MARKETS-FX index scales 19-month high on Fed rate cut bets

    A major emerging market currencies index hit a 19-month high on Wednesday, lifted by optimism U.S. rate cuts are on the horizon, while delivery giant Meituan's cautious outlook sparked concerns over China's consumer spending recovery. The index is on track for its best month in a year. Expectations of U.S. policy easing that have been driving the greenback lower got a boost after Federal Reserve Governor Christopher Waller, considered a hawk, said rate cuts could begin if inflation continues on a downward trend for several more months.

  • Bloomberg

    Meituan Dives After Warning of Slowdown as Consumption Wanes

    (Bloomberg) -- Meituan shares tumbled the most in more than a year after the Chinese company warned that growth in its main meal delivery business would slow this quarter and spending on promotions rise.Most Read from BloombergKISS Avatars Go On Tour After Paul Stanley, Gene Simmons RetireSurprise Call Shocks Staid Corner of Bond Market: Credit WeeklyIsrael, Threatened by Hezbollah, Seeks Solution for Empty NorthIndia Election Latest: Congress Laments Its Disappointing ResultExxon Among 50 Oil P


    Chinese food delivery giant Meituan slumps on weak demand outlook Hong Kong-listed shares of Chinese food delivery giant Meituan (HK:3690) slumped on Wednesday after the firm warned of softer fourth-quarter revenue due to weak consumer spending in its biggest market.