TOPIC

/ company

Meituan

Meituan is the largest on-demand delivery-service provider in China by revenue. Its Meituan app is most commonly known for food delivery, but also provides shopping, film tickets, hotel and travel bookings, restaurant reviews, group discounts and bicycle rentals. As of 2022, the company had 6.24 million delivery riders and over 9.3 million merchants.

Chairman / President

Wang Xing

CEO / Managing Director

Wang Xing

CFO / Finance Director

Chen Shaohui

Industry

E-commerce

Website

meituan.com

Headquarters address

No. 4 Wangjing East Road, Chaoyang District, Beijing, China

Stock Code

SEHK:3690

Year founded

2010

People cross the street beneath a screen showing stock exchange data in Shanghai on March 9, 2026. Photo: EPA

China stock market

Chinese firms with success in global push poised to reap profit rewards

High commodity prices also a factor as mainland-listed firms set to continue outperforming Hong Kong peers battered by ‘involution’.

12 Mar 2026 - 7:30AM

Hong Kong stock market

Middle East crisis fuels wild Hong Kong stocks swings from mainland investors

11 Mar 2026 - 8:44AM

Artificial intelligence

Chinese tech giants offer cheap, easy access to OpenClaw amid ‘lobster fever’

10 Mar 2026 - 5:00PM

E-commerce

JD.com posts quarterly loss amid costly instant delivery battle

Profit for 2025 cut in half amid expensive fight with Alibaba and Meituan, as well as dampened consumer spending.

5 Mar 2026 - 10:34PM

JD.com said in a post-earnings call that investment in its food delivery operations would decline this year. Photo: Reuters

Middle East

Iran war disrupts Chinese tech firms’ Middle East operations

Baidu, WeRide and Meituan among companies halting operations or instituting remote work, as some Chinese nationals seek to escape region.

2 Mar 2026 - 10:32PMvideocam

E-commerce

JD.com renews on-demand delivery fight with US$2.9 billion in grocery subsidies

JD.com says the subsidies will make the ‘Billion-Yuan Supermarket’ its largest subsidised product category, surpassing electronics.

26 Feb 2026 - 8:30PM

Artificial intelligence

AI apps soar in China as Lunar New Year giveaway battle boosts user growth

Tech firms score win as AI assistants become part of holiday consumption – from buying food and booking travel to planning entertainment.

24 Feb 2026 - 5:30PM

Alibaba’s AI app Qwen saw nearly 200 million orders placed during the holiday period. Photo: Reuters

Hong Kong stock market

Why is the Hang Seng Tech Index underperforming while AI shares soar?

The gauge has fallen 5.5 per cent this year, while newly listed AI firms Zhipu AI, MiniMax and Beijing Haizhi are up at least fivefold.

23 Feb 2026 - 10:46AM

Hong Kong stock market

Hong Kong stocks fall as market reopens after 3-day Lunar New Year holiday

Tech heavyweights Alibaba, Baidu and Kuaishou drop as trading commences in the Year of the Horse.

20 Feb 2026 - 4:49PM

Hong Kong stock market

Hong Kong stocks rise to wrap up best lunar-year performance in eight years

As market closes for Lunar New Year, benchmark hits 32 per cent gain since the Year of the Snake began in January 2025.

16 Feb 2026 - 1:07PM

A sign in Central shows Hong Kong stock information on February 6, 2026. Photo: Jonathan Wong

Artificial intelligence

Beijing warns tech giants to curb ‘involution’ amid AI giveaway war

Companies should ‘uphold a fair and competitive’ environment to ‘foster innovation and healthy development’, regulator says.

15 Feb 2026 - 2:30PM

An advertisement for ByteDance’s cloud and AI service platform Volcano Engine and chatbot Doubao hangs in Beijing Capital International airport in Beijing on February 5, 2026. Photo: AFP

Mainland China

Meituan warns of US$3.5 billion loss amid intense food delivery price war

Food delivery giant expects losses to continue into at least the first quarter of 2026 ‘due to ongoing competition’.

13 Feb 2026 - 10:15PM

Bonds

Yuan rally puts fresh steam into Hong Kong’s dim sum bond revival

Issuance could approach US$140 billion as a firmer renminbi, low funding costs and policy support boost demand for offshore notes.

12 Feb 2026 - 7:03PM

Hong Kong stock market

Hong Kong stocks slip as regulator summons tech firms over train tickets

Approaching Lunar New Year holiday also dampens investors’ enthusiasm for technology stocks, analyst says.

12 Feb 2026 - 4:46PM

Travelers wait with their luggage outside a train station in Beijing on February 10, 2026. Photo: EPA

Hong Kong

AI chip supplier Axera trades flat in Hong Kong debut as investor frenzy cools

Axera attracted HK$22.34 billion from retail investors during the bookbuilding period, marking an oversubscription of 74.4 times.

10 Feb 2026 - 5:58PM

Axera specialises in designing AI perception and edge computing chips for applications such as smart vehicles. Photo: Handout

E-commerce

China calls on delivery, ride-hailing firms to respect gig-worker rights

Meituan, Alibaba, Didi Chuxing among 16 firms summoned for guidance session on rights of country’s more than 200 million gig workers.

10 Feb 2026 - 4:24PM

China’s private sector

Meituan snaps up Dingdong to deepen push into fresh grocery retail

The US$717 million Dingdong acquisition highlights Meituan’s long-term bet on grocery e-commerce and on-demand consumption in China.

5 Feb 2026 - 9:52PM

Hong Kong stock market

Hong Kong stocks eke out gain as mainland investors overpower tech jitters

Southbound Stock Connect inflows provide late-session support, helping the benchmark reverse earlier losses.

5 Feb 2026 - 4:52PM

Bull statues overlook Exchange Square in Hong Kong on February 3, 2026. Photo: Reuters

Hong Kong stock market

Hong Kong stocks gain as tax worries abate, solar sector rallies on Musk plans

‘Broader VAT hikes on private services are unlikely in 2026 and would run counter to reflation efforts,’ Morgan Stanley says.

4 Feb 2026 - 4:49PM

Artificial intelligence

Funding surge powers Chinese robotics firms as focus shifts to humanoid ‘brains’

State-backed funds, Big Tech drive fresh capital into robotics companies, betting on operating systems that underpin humanoid intelligence.

3 Feb 2026 - 8:00PM

Sweden

Multinationals race into China’s US$143.9 billion instant retail market

Ikea, Continental and Aldi Nord enlist local partners to launch faster, more comprehensive delivery services than they offer abroad.

1 Feb 2026 - 11:00AM

Meituan delivery riders gather during a break in a commercial district in Chongqing, China, on November 21, 2025. Photo: Getty Images

Bonds

Hong Kong dollar and yuan bonds forecast to sustain record growth in 2026

Issuers and investors flock to Hong Kong dollar and yuan bonds, backed by deep liquidity and diverse yield curves.

19 Jan 2026 - 9:30AM

Hong Kong’s local-currency bond issuance volume reached a record HK$613 billion in 2025, up nearly 41 per cent from a year earlier. Photo: Shutterstock

Hong Kong stock market

Hong Kong stocks advance as investors turn to China amid Middle East uncertainty

Hang Seng Index extends rally as regional markets find support amid rising tensions between the US and Iran.

14 Jan 2026 - 4:40PM

IPO

Chinese chain Qdama, known for its night discounts, plans Hong Kong IPO

The leading seller of meat and fresh produce on the mainland plans to open 1,400 stores in the next five years using proceeds from the IPO.

13 Jan 2026 - 7:15PM

Hong Kong stock market

Hong Kong stocks rise on tech, health as mainland China turnover hits record

Alibaba Health soars over paediatric drug deal as trading volume on Shanghai and Shenzhen exchanges tops US$513 billion.

12 Jan 2026 - 5:08PM

The Exchange Square in Central. Photo: Jelly Tse

China economy

Price wars in China

Intense price competition in China, known as “neijuan” or involution, is causing deflationary risks, corporate losses, reduced investments and wage pressure.

7 Jan 2026 - 10:55AM

Hong Kong stock market

Hong Kong stocks hit 7-week high as investors diversify into Chinese tech names

Investors also boost wagers that Beijing will ramp up policy support to prop up economic growth in 2026.

6 Jan 2026 - 4:24PM

Trending in China

China food delivery platform names Jay Chou as brand ambassador, backed by lookalikes

Group of imitators including a wedding singer and pancake vendor strike internet gold by donning delivery driver uniforms; get 140 million likes.

30 Dec 2025 - 9:00AM

Help preserve 120 years of quality journalism.

SUPPORT NOW