Meituan

3690.HK · HKSE

Market closed83.65-3.55 (-4.07%)

Key statistics

Previous close87.20
Open87.20
Day high87.75
Day low81.60
52-week high136.10
52-week low63.65
Market cap516.27B
Volume79.21M
Average volume51.54M
P/E ratio-13.37
Forward P/E
EPS-6.26
Dividend yield0.00%

Market context

Why it moved

Meituan (3690.HK) shares declined sharply as broader concerns weighed on Chinese consumer internet stocks, with the rapid shift toward "instant retail" in China intensifying competitive pressures on Meituan's core delivery business amid an uncertain market sentiment.

What is happening

Recent company-specific developments and publisher coverage.

富途牛牛 · July 17, 2026Meituan launches 'one-shot verification,' publicly displaying real-time footage of restaurant kitchens and dine-in areas for food delivery merchants.Investing.com · July 17, 2026Macquarie upgrades Meituan stock on easing competition pressuresReuters · June 30, 2026China's Meituan says new AI model trained on domestic chipsSouth China Morning Post · June 22, 2026Dishing the dirt: official media alleges smear tactics in delivery battleMoomoo · June 5, 2026Meituan (HKG:3690) Just Released Its First-Quarter Earnings: Here's What Analysts ThinkWSJ · June 1, 2026Meituan Logs Another Loss Amid Food-Delivery Price WarInvesting.com · May 28, 2026Meituan shares hit 2-yr low after denying massive layoff plansMoomoo · March 31, 2026Earnings Update: Meituan (HKG:3690) Just Reported Its Annual Results And Analysts Are Updating Their Forecasts
Mt Newswire · June 5, 2026Meituan Faces Roadblocks to Profitability Amid Possible Subsidy War Revival, S&P Says
Mt Newswire · June 3, 2026Nomura Upgrades Meituan to Buy From Neutral, Adjusts Price Target to HK$109 From HK$92
Mt Newswire · June 2, 2026UOB Kay Hian Upgrades Meituan to Hold from Sell; Price Target is HK$76
Mt Newswire · June 2, 2026ICBC Research Upgrades Meituan to Buy from Neutral; Price Target is HK$102.60
Mt Newswire · June 2, 2026Jefferies Adjusts Meituan's Price Target to HK$132 From HK$130, Keeps at Buy
Mt Newswire · June 1, 2026Meituan Swings to Q1 Loss
Mt Newswire · May 21, 2026Market Chatter: Meituan's Keeta Food Delivery Arm Faces Brazil Lawsuit for Unfair Business Practices
Mt Newswire · May 20, 2026Drone Adoption to Leave Some Chinese Delivery Players Lagging, S&P Says

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