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Meituan (3690.HK)

HKSE - HKSE Delayed price. Currency in HKD
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240.800+8.200 (+3.53%)
At close: 4:08PM HKT
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Previous close232.600
Bid240.800 x 0
Ask241.000 x 0
Day's range228.400 - 243.800
52-week range183.200 - 460.000
Avg. volume32,332,980
Market cap1.476T
Beta (5Y monthly)0.99
PE ratio (TTM)N/A
Earnings date29 Nov 2021 - 03 Dec 2021
Forward dividend & yieldN/A (N/A)
Ex-dividend dateN/A
1y target estN/A
  • Reuters

    Chinese delivery giants Meituan, pledge to not force drivers to register as independent businesss

    China's online food delivery giants Meituan and both said this week they will not force couriers who do work for them to register as independent businesses, a bone of contention amid ongoing scrutiny of the food delivery sector. The promise comes as part of a broader push from regulators to improve conditions for 'gig-economy' workers, and during ongoing public scrutiny towards tech companies treatment of said drivers. In August, several Chinese regulatory bodies met with a number of Chinese food delivery companies to call for better labour safeguards.

  • Bloomberg

    Digital Yuan Goes Head to Head With Alipay, WeChat in Beijing

    (Bloomberg) -- Swipe your bracelet, watch or even a walking stick, and you can pay for your goods with digital yuan. These are just some of the quirky gadgets that China’s central bank, lenders and technology giants are showcasing to Beijing residents ahead of a broader rollout of the e-currency when the city hosts the Winter Olympics in February. The wearable devices, embedded with a digital yuan chip, can be tapped against a scanner, transferring the currency from an e-wallet without needing a

  • Reuters

    Meituan to change delivery algorithm rules as China urges labour protection

    Chinese food delivery giant Meituan has published the rules showing how algorithms estimate the time it takes delivery workers to complete jobs and said it was adjusting them, after the government urged firms to improve working conditions. Regulators have come down hard on big technology firms this year, criticising them for policies that exploit workers and infringe on consumer rights, and have drafted guidelines requiring food delivery platforms to guarantee minimum pay and rest periods. Debate on how to regulate workers' rights in the digitised "gig economy" has been unfolding around the world, with trade unions saying management algorithms on international platforms are eroding gig workers' wages and rights.