Meituan (MPNGY)
- Simply Wall St.
Three High Insider Ownership Hong Kong Stocks Achieving 13% Revenue Growth
Amid a backdrop of fluctuating global markets, Hong Kong's Hang Seng Index recently showcased a robust surge, climbing 8.8% as investor optimism grows around the region's economic prospects. In such an environment, companies with high insider ownership can be particularly appealing, as they often signal strong confidence from those closest to the business in its growth potential and governance.
- Bloomberg
Meituan to Debut in Riyadh in First Expansion Beyond China
(Bloomberg) -- Meituan is planning to launch its international food-delivery platform in Saudi Arabia’s capital, making its first move outside of greater China as growth slows in its home market. Most Read from BloombergTesla Soars on Tentative China Approval for Driving SystemStocks Trade for 390 Minutes a Day. Increasingly, Only 10 MatterHSBC CEO Quinn Unexpectedly Steps Down After Almost 5 YearsUS Warns ICC Action on Israel Would Hurt Cease-Fire ChancesYen Sparks Intervention Suspicion After
- Bloomberg
Meituan Revenue Beats Estimates After Staving Off ByteDance
(Bloomberg) -- Meituan’s quarterly revenue climbed a better-than-expected 23%, a sign that it’s making headway in efforts to fend off a challenge from ByteDance Ltd.’s Douyin in China’s meal delivery arena.Most Read from BloombergTrump’s Net Worth Hits $6.5 Billion, Making Him One of World’s 500 Richest PeopleBiden Gains Ground Against Trump in Six Key States, Poll ShowsJapan Amps Up Intervention Threat as Yen Hits Lowest Since 1990Trump Vows to Pay Fraud Trial Bond Cut by 68% to $175 MillionUsi
