Movement Alert｜Meituan-W Falls 3.29% in Regular Trading, Trading at 72.1 HKD

Market Focus06-18 14:11

On June 18, Meituan-W fell 3.29% in regular trading, trading at 72.1 HKD/share, with turnover of 23.32 billion HKD.

Within the Internet and Direct Marketing Retail sector where Meituan-W belongs, the overall sector is under broad pressure. Among individual stocks, BABA-W down 3.93%, JD-SW down 2.43%, JD Health down 1.92%, Ali Health down 2.98%, PA Good Doctor down 3.48%.

Meituan is an investment holding company principally engaged in technology retail, providing daily necessities and services through technology and retail, including food delivery, in-store services, hotel and travel bookings, and other services. Its core local commerce segment includes food delivery, Meituan Instashopping, in-store services, and hotel and travel businesses. Its new initiatives segment includes Meituan Select and Xiaoxiang Supermarket.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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