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

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

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

Artificial intelligence

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

15 Feb 2026 - 2:30PM

Mainland China

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

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

The People’s Bank of China on Wednesday set the yuan’s midpoint rate – the daily fixing – at 6.9438 per US dollar, its strongest level in nearly three years. Photo: Reuters

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

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

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

A delivery driver rushes with an order on February 8, 2026, in Beijing. Photo: Getty Images

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

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

People walk near screens displaying stock information at Exchange Square in Hong Kong, home of the city’s bourse operator, on February 3, 2026. Photo: Reuters

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

A humanoid robot at the Beijng World of Robots. A new wave of firms is emerging with capital directed towards robotic software and operating systems. Photo: Xinhua

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

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 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

People walk past Exchange Square in Central, home of bourse operator Hong Kong Exchanges and Clearing. Photo: Nathan Tsui

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

A Qdama store in Hong Kong’s Quarry Bay district. Photo: Handout

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

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

People walk through Exchange Square in Central, home to the city’s bourse operator, on December 30, 2025. Photo: Sun Yeung

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

China economy

Opinion | Protection of vulnerable workers must be part of China’s AI strategy

Unemployment and underemployment are a double whammy that the Chinese leadership cannot ignore.

20 Dec 2025 - 5:30AMvideocam

E-commerce

Alibaba ramps up China instant commerce push with Cainiao and Tmall tie-up

Partnership designed to expand warehouse network and boost Taobao Shangou’s rapid service as rivals Meituan and JD.com scale up facilities.

19 Dec 2025 - 6:15PM

Cainiao will launch new or expand instant commerce warehouses for Tmall Supermarket. Photo: Shutterstock

Trending in China

China CCTV removes short film that ‘romanticises’ food delivery work after backlash

‘Fairy tale’ video which says often dangerous job with long hours brings workers ‘closer to their dreams’ is branded ‘disgusting’ by critics.

17 Dec 2025 - 2:00PM

China’s state broadcaster CCTV has faced a backlash over a short film produced with delivery giant Meituan that depicted food delivery work as a path to freedom and dreams. Photo: CCTV

Artificial intelligence

ByteDance dominates China’s tech hiring as AI talent demand surges

ByteDance tops rivals Meituan and Alibaba in recruitments this year, according to professional social networking platform Maimai.

16 Dec 2025 - 7:00AMvideocam

Apple

Apple takes China’s smartphone battle house to house with 3-hour iPhone delivery

Apple is ramping up the fight for the Chinese market as rivals Huawei and Xiaomi pile on the pressure.

11 Dec 2025 - 5:06PM

Artificial intelligence

Power and data centres will put China ahead of US in the AI race, says investor

AI is now a race to build data centres and secure electricity, says investor Allen Zhu, who argues China’s energy push puts it ahead.

10 Dec 2025 - 6:00PM

Chinese venture capitalist Allen Zhu Xiaohu of GSR Ventures Management. Photo: Handout

Hong Kong stock market

Hong Kong stocks end higher as China stimulus hopes spark property rally

Market sentiment buoyed by China homebuyer loan support talk and Vanke debt progress.

10 Dec 2025 - 5:09PM

Hong Kong stocks rally in the afternoon. Photo: Shutterstock

Hong Kong stock market

Hong Kong stocks retreat as Fed decision looms and investors await China signals

Hang Seng Index falls 1.2 per cent as traders weigh US Federal Reserve rate cuts and Beijing’s 2026 policy priorities.

8 Dec 2025 - 4:35PM

China exports

Why China sees Brazil as ‘last untapped blue ocean market’ for investment boom

Chinese investment in Brazil is soaring as firms eye the vast potential growth in South America’s ‘blue ocean market’.

11 Dec 2025 - 11:24AMvideocam

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Meituan

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.

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

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

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

.css-1m2rp1p{color:#34b8b5;}Opinion | Protection of vulnerable workers must be part of China’s AI strategy

Unemployment and underemployment are a double whammy that the Chinese leadership cannot ignore.

Alibaba ramps up China instant commerce push with Cainiao and Tmall tie-up

Partnership designed to expand warehouse network and boost Taobao Shangou’s rapid service as rivals Meituan and JD.com scale up facilities.

China CCTV removes short film that ‘romanticises’ food delivery work after backlash

‘Fairy tale’ video which says often dangerous job with long hours brings workers ‘closer to their dreams’ is branded ‘disgusting’ by critics.

ByteDance dominates China’s tech hiring as AI talent demand surges

ByteDance tops rivals Meituan and Alibaba in recruitments this year, according to professional social networking platform Maimai.

Apple takes China’s smartphone battle house to house with 3-hour iPhone delivery

Apple is ramping up the fight for the Chinese market as rivals Huawei and Xiaomi pile on the pressure.

Power and data centres will put China ahead of US in the AI race, says investor

AI is now a race to build data centres and secure electricity, says investor Allen Zhu, who argues China’s energy push puts it ahead.

Hong Kong stocks end higher as China stimulus hopes spark property rally

Market sentiment buoyed by China homebuyer loan support talk and Vanke debt progress.

Hong Kong stocks retreat as Fed decision looms and investors await China signals

Hang Seng Index falls 1.2 per cent as traders weigh US Federal Reserve rate cuts and Beijing’s 2026 policy priorities.

Why China sees Brazil as ‘last untapped blue ocean market’ for investment boom

Chinese investment in Brazil is soaring as firms eye the vast potential growth in South America’s ‘blue ocean market’.

Opinion | Protection of vulnerable workers must be part of China’s AI strategy