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25600 HSMTUAN@EC2412B (CALL)
RT Nominal up0.840 +0.040 (+5.000%)

06/02/2024 15:57

{I-bank focus}Citi lowers Meituan (03690) to HKD113

[ET Net News Agency, 6 February 2024] Citi lowered the target price for Meituan (03690)
to HKD113 from HKD179 and maintained the "buy" rating.
The research house said it forecasts total revs of Rmb72.5bn (+20.5% yoy) and group
non-GAAP net profit of Rmb3.35bn. (RC)

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