Meituan Stock Rallies 10% in Hong Kong

Dow Jones04-08 16:31

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Meituan surged 10% to 88.50 Hong Kong dollars on what proved to be an all-around great trading session for the Hong Kong stock market, with the Hang Seng Index rising 3.1% to 25893.02.

The stock's rise snapped a six-day losing streak.

Meituan closed 42% below its 52-week high of HK$152.30, which the company reached April 10.

Trading volume totaled 106.1 million shares, compared to the 50-day average of 54.6 million shares.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

April 08, 2026 04:31 ET (08:31 GMT)

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