$Meituan(03690)$ announced Q4 and full-year earning reports. Double beat as usual, investors should pay more attention to business segments. Margin increased again, scale effect in delivery helped a lot. However, Tencent’s dividends make it under selling pressure.Overview of Q4Revenuee 60.13 billion yuan, a year-on-year increase of 21.4%. It is one of the few Internet companies that maintains double-digit growth, which is higher than the market expectation of 57.92 billion yuan. In terms of business, the overall core local business revenue was 43.47 billion yuan, a year-on-year increase of 17.4%, higher than the market expectation of 41.44 billion
Chase China Reopening Rally: Find Best Sectors & Stocks Opportunities
As China's pandemic control is relaxing and heading to the full reopening, some sectors that suffered in the past 3 years may welcome a real recovery. They include travel, airlines, gaming industry, and ect. In this topic, we prepare the reopening-related investing opportunities for you. Come and find the greatest investing opportunities!
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