Meituan Stock Rallies 2.8% in Hong Kong

Dow Jones04-16 16:31

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

Shares of Meituan advanced 2.8% to 88.75 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 1.7% to 26394.26.

This was the stock's second consecutive day of gains.

Meituan closed 41% below its 52-week high of HK$149.80, which the company achieved June 9.

Trading volume totaled 44.4 million shares, compared to the 50-day average of 55.7 million shares.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

April 16, 2026 04:31 ET (08:31 GMT)

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