Food delivery couriers for Meituan during a morning briefing in Beijing. Photo: Bloomberg Food delivery couriers for Meituan during a morning briefing in Beijing. Photo: Bloomberg
Food delivery couriers for Meituan during a morning briefing in Beijing. Photo: Bloomberg
Alibaba

Meituan shares reverse losses as investors expect limited impact from China’s antitrust investigation

  • Meituan, the fifth-largest stock by weighting on the benchmark Hang Seng Index, closed 2.6 per cent higher at HK$313 on Tuesday
  • The State Administration for Market Regulation is investigating whether Meituan forced merchants to pick its platform as their exclusive distribution channel

Topic |   Alibaba
Food delivery couriers for Meituan during a morning briefing in Beijing. Photo: Bloomberg Food delivery couriers for Meituan during a morning briefing in Beijing. Photo: Bloomberg
Food delivery couriers for Meituan during a morning briefing in Beijing. Photo: Bloomberg
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