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Stock Rallies 1.0% in Hong Kong","url":"https://stock-news.laohu8.com/highlight/detail?id=2563017664","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2563017664?lang=en_us&edition=fundamental","pubTime":"2025-08-29 16:33","pubTimestamp":1756456380,"startTime":"0","endTime":"0","summary":"This article was automatically generated by Dow Jones using technology from Automated Insights.Shares of Meituan inched 1.0% higher to 102.70 Hong Kong dollars on what proved to be an all-around positive trading session for the Hong Kong stock market, with the Hang Seng Index rising 0.3% to 25077.62.The stock's rise snapped a three-day losing streak.Meituan closed 53% below its 52-week high of HK$217.00, which the company achieved Oct. 7.Trading volume totaled 113.3 million shares, compared to the 50-day average of 58.5 million shares.","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU0797268264.HKD","LU0561508036.HKD","LU1770034418.SGD","MPNGY","LU0588546209.SGD","LU1224709979.USD","LU0449515922.USD","LU0878005551.USD","LU0577902298.EUR","IE00B0JY6N72.USD","LU0509642566.USD","LU0856984785.SGD","LU0823041008.USD","LU2097828805.USD","METmain","LU1675838814.USD","LU0039217434.USD","LU2242644610.SGD","LU0048580855.USD","IE0034224299.USD","LU0315178854.USD","LU1688375341.USD","IE00B5MMRT66.SGD","HMTD.SI","LU0149721374.USD","LU1188198961.HKD","LU1719994722.HKD","LU0577902538.SGD","03690","LU0269904917.USD","LU0348805143.USD","LU0359201612.USD","LU0231483743.USD","LU0605514214.HKD","IE00B29SXG58.USD","LU2152927971.USD","LU1152091168.USD","LU0873338254.USD","LU0501845795.SGD","LU1960683339.HKD","LU0345776255.USD","LU2097828474.EUR","LU0067412154.USD","LU0181495838.USD","LU0348788117.USD","LU1720050803.USD","LU0456827905.SGD","LU0823040885.USD","LU0307460666.USD","LU0214875030.USD"],"gpt_icon":1},{"id":"1144117831","title":"Meituan's Discount Supermarket \"Happy Monkey\" Opens First Store, Focusing on Essential Goods","url":"https://stock-news.laohu8.com/highlight/detail?id=1144117831","media":"Deep News","labels":["productRelease"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1144117831?lang=en_us&edition=fundamental","pubTime":"2025-08-29 16:31","pubTimestamp":1756456288,"startTime":"0","endTime":"0","summary":"On the afternoon of August 29th, MEITUAN-W officially launched its discount supermarket chain \"Happy Monkey\" with the opening of its flagship store in Hangzhou. This move represents a significant...","market":"sg","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"productRelease","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["03690","LU0049853897.USD","LU0417516738.SGD","BK1610","LU0577902298.EUR","LU0979878070.USD","LU1102505762.USD","LU0307460666.USD","BK1583","LU1226287529.USD","LU0047713382.USD","LU0918141705.HKD","LU1813983027.USD","LU2087589342.USD","LU1868837565.USD","LU0708995583.HKD","LU1323998911.USD","LU0228659784.USD","MPNGY","SG9999014674.SGD","LU2476274720.SGD","LU0588545490.SGD","IE0032431581.USD","LU0348788117.USD","LU0605514214.HKD","LU2097828474.EUR","LU0531971595.HKD","LU0251144936.SGD","LU0672654166.SGD","LU0823039010.USD","LU1242518857.USD","LU0052750758.USD","LU0501845795.SGD","SG9999000327.SGD","LU1880383440.USD","BK1521","LU1734074674.USD","LU0577902371.SGD","LU1282648689.USD","LU0320764755.SGD","LU0165289439.USD","LU2242644610.SGD","LU0650527681.SGD","LU0211977185.USD","LU0214875030.USD","LU0577902454.USD","LU0463099449.HKD","SG9999002562.SGD","LU0823426480.USD","LU2097828631.EUR","LU0455707207.USD","LU1251922891.USD","LU0918141887.USD","LU0828238088.HKD","LU1868838027.USD","LU0314109678.HKD","LU1719994722.HKD","LU1328277881.USD","BK4209","LU0431992006.USD","LU0633140727.USD","IE00B3M56506.USD","LU0348814723.USD","LU2399975544.HKD","IE00B543WZ88.USD","LU1008478684.HKD","LU0456827905.SGD","LU0499858438.USD","LU1770034418.SGD","LU0449515922.USD","LU0345775950.USD","IE0008368742.USD","IE00BF5LJ272.USD","LU0143863198.USD","SG9999000459.SGD","BK1589","LU0132412106.USD","LU0359201612.USD","IE00B031HY20.USD","LU1993786604.SGD","LU1720050803.USD","LU0072462343.USD","LU0502904849.HKD","LU0326950275.SGD","IE00B29SXG58.USD","LU0054237671.USD","BK4122","LU0456846285.SGD","LU0588545904.SGD","LU0039217434.USD","LU1023057109.AUD","LU2125910500.SGD","METmain","LU0128522157.USD","LU0231483743.USD","LU1224709979.USD","LU0589944569.HKD","LU0051755006.USD","LU0499858602.USD","LU1808992512.USD","LU0823038988.USD","IE0008369823.USD","LU0828237940.HKD","LU1105468828.SGD","LU0173614495.USD","IE00B0JY6N72.USD","LU1807302812.USD","LU1868837722.USD","LU0449509016.USD","LU0417516902.SGD","LU0348735423.USD","LU0348816934.USD","LU0261950983.USD","LU0819121731.USD","LU0823426308.USD","LU1961090484.USD","LU0543330483.HKD","LU2097828557.USD","SG9999002463.SGD","LU0737861699.HKD","LU0823040885.USD","LU2097828714.EUR","LU0143863784.USD","LU0819123356.HKD","LU0287142896.SGD","BK1575","BK1615","LU0345776255.USD","LU2152927971.USD","LU0164865239.USD","LU2488822045.USD","LU1880383366.USD","LU0828237510.HKD","LU0577902611.USD","LU1675838814.USD","LU1831875114.USD","LU0072913022.USD","LU0880133367.SGD","LU0856984785.SGD","LU0700851271.USD","LU1770036033.HKD","LU0048580855.USD","LU0106252389.USD","BK1618","LU0140636845.USD","LU0823041008.USD","LU1102505929.USD","LU0577902538.SGD","LU0633140560.USD","LU0588545730.USD","LU0011963245.USD","LU0541502299.USD","LU0634319403.HKD","LU1794554557.SGD","LU0359202008.SGD","LU0540923850.HKD","IE00B5MMRT66.SGD","LU0683595622.HKD","LU0181495838.USD","LU0048597586.USD","SG9999001689.USD","LU0149721374.USD","LU0327786744.USD","LU0611395673.USD","LU0878005551.USD","LU0084288322.USD","LU0873338254.USD","LU1328615791.USD","LU0348827113.USD","LU0370786039.SGD","IE00BPRC5H50.USD","LU2045819591.USD","SG9999001903.USD","LU0594300419.USD","LU1048596156.SGD","LU2039709279.SGD","LU1303224171.USD","LU0348825331.USD","LU0269904917.USD","LU0868486357.SGD","LU0164872284.USD","LU0196878994.USD","LU0164880469.USD","LU0359201885.HKD","LU2097828805.USD","LU0244354667.USD","LU0541501648.USD","LU1688375341.USD","LU1242518931.SGD","BK1591","HMTD.SI","BK1142","LU0348805143.USD","LU0320764599.SGD","SG9999002828.SGD","LU0509642566.USD","LU0588546209.SGD","LU1152091754.HKD","LU0210526637.USD","LU2226246903.HKD","BK1233","LU1481107354.HKD","LU0821914370.USD","LU0326948709.USD","LU1048588211.SGD","LU2778985437.USD","BK1604","LU1188198961.HKD","LU0054450605.USD","LU0117841782.USD","LU0871576103.HKD","LU0315178854.USD","LU2257852520.SGD","LU0865486749.SGD","LU1960683339.HKD","LU0067412154.USD","LU0561508036.HKD","LU0593848301.USD","LU0043850808.USD","LU0797268264.HKD","LU0572944931.SGD","LU2476274308.USD","LU0594300179.USD","LU1152091168.USD","IE0034224299.USD","LU0029875118.USD"],"gpt_icon":1},{"id":"2563090942","title":"Meituan Is Right to Defend Its Food-Delivery Market Position, Morningstar Says -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2563090942","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2563090942?lang=en_us&edition=fundamental","pubTime":"2025-08-29 12:30","pubTimestamp":1756441800,"startTime":"0","endTime":"0","summary":"0430 GMT - Meituan made the right decision to defend its position in the food-delivery sector, says Morningstar's Chelsey Tam in a note. The Chinese shopping-and-delivery platform is avoiding Alibaba's \"strategic misstep\" of not matching Pinduoduo's aggressive user subsidies during the latter's rise, she says. Meituan subsidizing costs preserves its network, while the platform's variety offsets its lower-than-peer subsidies per meal, she adds. Tam reckons the market is focusing on medium-term uncertainty in the food-delivery market, overlooking a possible long-term earnings recovery as competition stabilizes. The analyst reduces her 2025-2027 EBIT forecasts by an average of 67% to reflect Meituan's higher subsidies, while raising projections for 2028-2034. Morningstar trims its fair-value estimate to HK$151 from HK$164. Shares rise 0.2% to HK$101.90. 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The Chinese shopping-and-delivery platform targets a 2% gross transaction value margin for the segment over the longer term amid its rivalry with Alibaba, they write. While Meituan's delivery business gained users in 2Q, its in-store division was weighed by the food-delivery price war, they add, which the company reckons could continue in 3Q. The analysts cut their 2025-2027 adjusted EPS forecasts by 32%-125% on lower margins. CGS International trims the target to HK$123.00 from HK$161.00 but reiterates its add rating, saying it thinks Meituan can defend its leadership in the on-demand delivery market. Shares rise 0.6% to HK$102.30. 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Tech Stocks Continue Decline in Afternoon Session, Meituan Drops Over 12%","url":"https://stock-news.laohu8.com/highlight/detail?id=1100094170","media":"Deep News","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1100094170?lang=en_us&edition=fundamental","pubTime":"2025-08-28 13:40","pubTimestamp":1756359623,"startTime":"0","endTime":"0","summary":"Leading technology stocks extended their decline during the afternoon trading session, with MEITUAN-W falling more than 12%. JD.com Group and Alibaba dropped over 4%, while Bilibili declined 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 : HSBC Cuts Target Price to HK$125 From HK$160","url":"https://stock-news.laohu8.com/highlight/detail?id=2562704263","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2562704263?lang=en_us&edition=fundamental","pubTime":"2025-08-28 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Not in a Rush for Planned Brazil Expansion -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2562704980","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2562704980?lang=en_us&edition=fundamental","pubTime":"2025-08-28 13:15","pubTimestamp":1756358100,"startTime":"0","endTime":"0","summary":"0515 GMT - Meituan faces intense competition in the food delivery business in its Chinese home market, but it's in no rush to expand abroad. Chief executive Wang Xing in a post-earnings briefing suggests Meituan is cautious about launching its international Keeta brand in Brazil. Meituan plans to invest $1 billion to bring Keeta to the South American country, but didn't confirm an official launch date. While the company is quite optimistic about Brazil's potential, given that it is among the top food-delivery markets by gross merchandise value, competition is likely \"to be quite fierce,\" says Wang. \"We are not in a rush. We want to make sure we do our research [before entering],\" he adds. Meituan Wednesday posted weak 2Q earnings, citing a food-delivery price war in China. 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Meituan's management says its 70% market share in core food-related orders hasn't changed, even as it expects protracted food-delivery competition. However, the analysts estimate Meituan's food-delivery and quick commerce market share has shrunk to around 50% from 70%, while Alibaba's market share has likely gained to about 40% from 30%. While competition eased slightly in August, Meituan says it has no visibility from September as Alibaba has dictated the direction of the competition so far. Nomura maintains its buy rating and HK$176 target on Meituan shares, which are 10% lower at HK$104.20.","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU0823039010.USD","MPNGY","LU0856984785.SGD","LU1051769294.HKD","LU2449936058.SGD","03690","LU0328353924.USD","LU0348735423.USD","LU0880133367.SGD","SG9999004220.SGD","IE0003895053.USD","LU0293314216.USD","LU0052750758.USD","BK4503","LU0067412154.USD","LU0823426480.USD","LU2125910500.SGD","BK4588","LU0456846285.SGD","LU0541502299.USD","BK4581","LU0348816934.USD","LU0588545904.SGD","LU1051768304.USD","BABA","BK1575","SG9999001093.SGD","ALBmain","LU0871576103.HKD","LU0608807433.USD","LU0589944569.HKD","LU0269904917.USD","METmain","LU1794554557.SGD","LU0605514214.HKD","LU1770036033.HKD","LU0651947912.USD","HMTD.SI","89988","LU0345776255.USD","09988","LU0791590937.USD","LU1282648689.USD","LU0823038988.USD","LU1282649810.SGD","HBBD.SI","LU0594300179.USD","LU1328277881.USD","LU0499858438.USD","LU1568876251.USD"],"gpt_icon":1},{"id":"1167930465","title":"Mixed Earnings Results from Tech Giants This Week: MEITUAN-W Plunges Post-Earnings While TRIP.COM-S Surges, Leading Hang Seng Tech Gains","url":"https://stock-news.laohu8.com/highlight/detail?id=1167930465","media":"Deep News","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1167930465?lang=en_us&edition=fundamental","pubTime":"2025-08-28 11:01","pubTimestamp":1756350086,"startTime":"0","endTime":"0","summary":"On the morning of August 28, Hong Kong's three major indices opened collectively lower. On the market front, tech stocks showed mixed performance, some innovative drug concepts rose, gold stocks 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