Transferring Meituan Coverage; Initiating With a Narrow Moat and Valuation of HKD 181 per Share
We think Meituan has a sound balance sheet, with CNY 96 billion in net cash as of the third quarter of 2024. We anticipate Meituan to remain in a net cash position over the next decade. Meituan turned ...
Jefferies Sticks to Their Buy Rating for Meituan Dianping (MPNGF)
In a report released today, Thomas Chong from Jefferies maintained a Buy rating on Meituan Dianping (MPNGF – Research Report), with a price ...
Analysts Have Conflicting Sentiments on These Consumer Cyclical Companies: Meituan Dianping (OtherMPNGF), Carnival (CCL) and Graphic Packaging (GPK)
Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on Meituan Dianping (MPNGF – Research ...
Meituan joins China's AI spending race, says investing 'billions' in chips
Wang Xing, CEO of China's largest food delivery firm Meituan, said on Friday in a post-earnings call that the company is ...