[ET Net News Agency, 24 March 2025] HSBC Global Research lowered the target price for Meituan (03690) to HKD195 from HKD220 and maintained the "buy" rating.
The research house said it is less worried about competition, and increased contribution from overseas business can buffer revenue for Meituan. (rc)
The research house said it is less worried about competition, and increased contribution from overseas business can buffer revenue for Meituan. (rc)