MPNGY News and Press, Meituan Dianping ADR Repstg 2 Cl B Shs From 01/01/23

Summary China is seeing another COVID spike. This may lead to a scale back of its economy reopening plan. The SPDR GXC China ETF looks relatively worse positioned vs MCHI, possibly driven by higher exposure to lockdown sensitive sectors. My technical analysis view using the Trend Fl...

Summary After seven consecutive quarters of losses, Meituan has returned to the black. As the leading food delivery player, Meituan is positioned to benefit from market expansion as incomes rise. Travel demand is recovering, a positive near term trend for Meituan, a leading OTA play...

Summary As China lifts COVID restrictions, the chips are in place for a bullish turnaround of its equity index. My technical analysis assessment using the flow, location, and trap points of view shows that iShares MSCI China ETF is poised to generate absolute returns and outperform the ...

Meituan Announces Financial Results for the Three Months Ended September 30, 2022 PR Newswire HONG KONG , Nov. 25, 2022 /PRNewswire/ -- Meituan (HKG: 3690) (the "Company"), a leading technology-driven retail company in China , today announced the unau...

Summary President Xi has safely secured his "precedent-breaking" third term as the Chinese Communist Party's ruling leader, alongside a newly appointed Politburo Standing Committee composed of his most-trusted associates. In addition to bolstering China's influence on the global s...

Summary Meituan poached Tony Qiu, head of international business at Kuaishou Technology, in July this year, to pave the way for overseas expansion, and Hong Kong seems the best starting point. DBS projects an adjusted annual net profit of around 3 billion yuan for the company this...

Summary There are valid reasons for JPMorgan's recent (but later withdrawn) warning that Chinese internet companies are 'uninvestable'. Investors with exposure to Chinese equities should consider cutting losses given that China's long-term growth story is beginning to look elusive...

Meituan Announces Financial Results for the Three and Six Months Ended June 30, 2022 PR Newswire HONG KONG , Aug. 26, 2022 /PRNewswire/ -- Meituan (HKG: 3690) (the "Company"), China's leading e-commerce platform for services, today announced the unaud...

Baron is an asset management firm focused on delivering growth equity investment solutions known for a long-term, fundamental, active approach to growth investing. Shares of Baron Global Advantage Fund (the “Fund”) declined 32.3% (Institutional Shares) during the second ...

Dark days in China have presented an opportunity to buy world-class businesses at demonstrably cheap prices. The CAPE ratio points to long-term outperformance for MCHI, but geopolitical risks loom large. In the decade ahead, we project returns of 12% per annum. The Thesi...