Be Bullish on Meituan

Being one of the biggest and most shopping platform for locally found consumer products and retail services, including entertainment, dining, delivery, travel and other services, Meituan play an important role in daily life. It’s also become the necessity in people’s life.

As recovery in economy, the rising demand in consumption is a good thing for Meituan in foundamental levels.

How do you view China stock rebound?

Chinese stocks advanced after a report saying Beijing is planning further support for the nation's economy. Bilibili surged 8%; Pinduoduo rose to $109; Alibaba added 3%. --------------- How do you view the rebound? Do you think the rally can be sustained? What's your target price?

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