On June 19, Meituan-W (03690.HK) spent HKD 273 million to repurchase 2.3383 million shares.
On June 19th, Meituan-W (03690.HK) announced that it spent HKD 273 million to repurchase 2,338,300 shares.
Express News | Meituan Bought Back 2.3 Mln Class B Shares for HK$273.5 Mln on June 19 - HKEX Filing
Hong Kong Shares Rebound 2.9% Amid Positive Sentiment
Hong Kong's Hang Seng Index extended early gains to close 2.9% higher at 18430.39. There could be some optimism among investors that more may be done by the Chinese authorities in 2H, IG market strate
Brokerage Focus: CMB International points out that China's internet-related performance in the first quarter as well as industry performance are in line with expectations. Pay attention to three main lines when selecting stocks.
Zhaojin Financial News | CICC International stated that in the review of the performance and industry 1Q24 results of China's Internet sector since the beginning of the year, the Internet sector has retreated to some extent after a relatively rapid rise under the boost of emotional improvement and short-term capital inflows, which is in line with the bank's previous expectations. From the perspective of stock selection throughout the year, with the interest rate cut trading not yet trending, and with liquidity still tight, the bank recommends selecting stocks around three main lines:
Hong Kong stocks surge | Meituan-W (03690) rose more than 4% in the afternoon, new buyback plan demonstrates confidence in development, company's core business trend is optimistic.
Meituan-W (03690) rose more than 4% in the afternoon. As of press time, it rose by 4.09% to HKD 119.7, with a turnover of HKD 1.948 billion.
Meituan spent around HKD 500 million to repurchase 4.3098 million shares on June 18.
Meituan-W (03690) announced that the company will spend about 500 million Hong Kong dollars to repurchase 4.3098 million shares on June 18, 2024, with a repurchase price of HKD 114.6 - 118.8 per share.
Meituan-W (03690.HK) spent HKD 500 million to repurchase 4.31 million shares on June 18th.
On June 18th, Meituan-W (03690.HK) announced that it will spend HKD 500 million to repurchase 4.31 million shares.
Express News | Meituan Bought Back 4.3 Mln Class B Shares for HK$500 Mln on June 18 - HKEX Filing
[Brokerage Focus] Huaan Securities maintains a "buy" rating on Meituan (03690) and is bullish on its long-term exploration in the retail sector with "ultimate execution" organization.
Huaan Securities issued a research report stating that Meituan (03690) released its Q1 2024 financial report, with total revenue of 73.276 billion yuan, YoY +25.0%, slightly higher than the expected 6.2%; in terms of profitability, adjusted EBITDA was 8.07 billion yuan, YoY +28.9%, higher than the expected 13.2%. Adjusted net income was 7.488 billion yuan, YoY +36.4%, higher than the expected 24.8%. The report points out that the dining delivery business and Meituan Flash Purchase business maintain strong growth, continuously innovate categories and models based on demand, and enhance user experience.
Disclosure of shareholder rights and interests in Smart Hong Kong stocks | June 18th
According to the data of Zhitong Finance APP, Uni-bio Group (00690), Meituan-W (03690), CMS (00867), and Hang Lung Properties (00101) made their latest shareholder equity disclosures on June 18, 2024. The stock names, institution names, nature of changes, before and after shareholdings, and shareholding ratios are shown below: Uni-bio Group (00690) Qiu Guorong Haocang: 1.09 billion shares before, 0.871 billion shares after, 14.14% (latest), 17.68% (previous) Meituan-W (03690) Mu Rongjun Haocang: 41.2454 million shares before, 44.9255 million shares after
Meituan spent approximately HK$500 million on June 17 to repurchase 4.3046 million shares.
Meituan-W (03690) announced that it will spend approximately HKD 500 million to repurchase 4.3046 million shares on June 17, 2024, at a repurchase price of HKD 112.4-117.6 per share.
Statistics of capital trend for the Shanghai-Hong Kong Stock Connect (T+2) on June 18th.
Capital trend of the China Connect in the Intelligent Hong Kong on June 18th.
On June 17th, Meituan-W (03690.HK) spent HKD 500 million to repurchase 4.305 million shares.
On June 17th, Meituan-W (03690.HK) announced that it would spend HK$500 million to repurchase 4.305 million shares.
Express News | Meituan Bought Back 4.3 Mln Class B Shares for HK$500 Mln on June 17 - HKEX Filing
Bank of America Securities reiterated its "buy" rating on Meituan-W03690, with a target price of 142 Hong Kong dollars.
According to the report released by Bank of America Securities, the target price of Meituan-W03690 has been raised by 5.2% from HKD 135 to HKD 142, with a 3%-6% increase in profit forecast for 2024-2026, mainly due to the improvement of profit trends. The rating of "buy" was reiterated, and the bank pointed out that the core business trend of Meituan is optimistic and the competition is stable. The bank also mentioned that Meituan's Q1 performance in 2024 was better than expected, and the core business trend was more optimistic, mainly due to its more flexible strategies in adjusting subsidies and food-related businesses, on-demand video delivery trade volume, and core local revenue.
Meituan spent HKD500 million to repurchase 4.3278 million shares on June 14th.
Meituan-W (03690) announced that on June 14, 2024, the company spent HKD 500 million to repurchase 4.3278 million shares at a repurchase price of HKD 114-117.9 per share.
Express News | Meituan Bought Back 4.3 Mln Class B Shares for HK$499.9 Mln on June 14 - HKEX Filing
Meituan-W (03690) spent HKD 500 million to repurchase 4.3278 million shares on June 14th.
Meituan-W (03690) announced that on June 14, 2024, the company will spend HKD 500 million to repurchase 43...
Shen Nanpeng has retired as a non-executive director of Meituan-W (03690).
Meituan-W (03690) announced that Shen Nanpeng will resign from the position of non-executive director due to other work arrangements after the shareholder's annual meeting.
NanShui Corporation continued to expand its influence by acquiring Foxconn Industrial Internet for more than 400 million yuan, while BeiShui Corporation bought BYD Company Limited and China National Offshore Oil Corporation.
Northbound capital sold a net amount of 6.306 billion yuan in A-shares, while southbound capital bought a net amount of HKD 3.998 billion in Hong Kong stocks.
No Data