Meituan
Operates China-based digital marketplace for food delivery, hotel and travel booking, bike sharing, e-commerce, and merchant services across multiple regions.
As of Jul 17, 2026
Executive summary
Meituan is a Chinese consumer services platform offering food delivery, local commerce, and tourism bookings. The stock shows a bullish technical lean despite a sharp one-day drop of 4.1 per cent, and it has gained 11.1 per cent over the past month. However, the one-year return stands at minus 31.5 per cent, reflecting significant pressure on the stock over a longer horizon.
Price history
As of Jul 17, 2026
Performance
-4.07%
+6.29%
+11.09%
-3.07%
-19.02%
-31.55%
As of Jul 17, 2026
Technical indicators
- 60.6
- 1.64Bullish
- 50: 78.04 · 200: 89.92
- HK$63.65 / HK$81.70
Technical Bias
Bullish lean
Meituan's technical picture leans bullish overall. The MACD is in positive territory at 1.64, whilst the RSI sits at 60.6 (neutral zone) and the 50-day average trails below the 200-day, suggesting limited upside momentum. This is a derived technical read, not investment advice.
A transparent read of the indicators below — not a prediction or recommendation.
As of Jul 17, 2026
Fundamentals
- HK$507B
- —
- HK$-4.34
- -10.89%
- +5.6%
- —
- 0.2
- HK$63.65 – HK$136.10
- 0.00%
- —
- Aug 27, 2026 (40 days)
As of Jul 17, 2026
Upcoming catalysts
- Earnings report
As of Jul 17, 2026
Latest news
As of Jul 17, 2026
Short-term outlook
Meituan's momentum has picked up over the past month, up 11.1%, with MACD confirming the bullish tilt even as RSI at 60.6 sits in neutral territory. The stock remains below both its 50-day (HK$78.04) and 200-day (HK$89.92) averages, with HK$81.70 the resistance to watch and HK$63.65 the nearer support, ahead of earnings not due until August 2026.
Medium-term outlook
Meituan's top line is still growing, up 5.6% year on year, but the business remains loss-making with a profit margin of -10.9%, and there's no dividend to fall back on while that plays out. The technical picture leans bullish for now, though with profitability still negative, the next few quarters likely hinge on whether revenue growth can translate into a narrower loss.
Key risks
- Meituan is currently running a negative profit margin of -10.9%, raising questions about how quickly the business can return to sustainable profitability.
- Revenue growth has slowed to +5.6% year on year, which is modest for a company operating in the fast-moving on-demand delivery space.
- Consolidation in the global food delivery sector, highlighted by Uber's roughly $15 billion bid for Delivery Hero, points to a more competitive landscape that could pressure Meituan's core business.
- The stock trades well below its 52-week high of HK$136.10 at HK$83.65, showing it remains far from its previous levels despite recent strength in Chinese tech shares.
About Meituan
Meituan is a Hong Kong-listed internet retail company operating within the consumer cyclical sector, with a market capitalisation of HK$507 billion on the HKEX under the ticker 3690. The business is built around online platforms connecting consumers with local services and retail options, positioning it as one of the larger names in China's internet retail space by scale.
On the figures, Meituan currently shows no price-to-earnings ratio available, which means profitability metrics aren't being reflected through that particular lens right now. The dividend yield stands at 0.0%, indicating the company is not currently returning cash to shareholders through dividends. Together, these figures point to a business still weighted towards growth and reinvestment rather than shareholder distributions, with its market value instead reflecting its scale and position within China's internet retail landscape.
AI-assisted research for informational purposes only — not investment advice. Figures are sourced from third-party market data and may be delayed. Do your own research before trading. Your capital is at risk.