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 Oct 15, 2026
Summary
Meituan is a Chinese consumer platform that operates food delivery, restaurant services, and local commerce businesses. The stock sits on a neutral technical footing despite a strong one-day move of plus 6.6%, and trades at HK$77.10 with a market cap of HK$468 billion. Over the past year, the share has fallen 27.3%, though it has recovered 2.7% in the last month.
Price history
As of Oct 14, 2026
Performance
-2.14%
+9.91%
+2.73%
-11.58%
-25.36%
-27.33%
As of Oct 14, 2026
Technical indicators
- 59.9
- 0.84Bullish
- 50: 78.66 · 200: 83.71Bearish
- HK$75.10 / HK$80.30
Technical Bias
Meituan's technical indicators are currently mixed. MACD momentum shows bullish strength, but the price sits below both its 50-day and 200-day moving averages, which suggests bearish pressure. RSI sits at a neutral 59.9, indicating no overbought or oversold condition. This is a derived technical read based on the current signal balance, not a recommendation.
A transparent read of the indicators below — not a prediction or recommendation.
As of Oct 14, 2026
Fundamentals
- HK$468B
- —
- HK$-4.18
- -10.04%
- +14.4%
- —
- 0.24
- HK$63.65 – HK$108.00
- 0.00%
- —
- Nov 26, 2026 (41 days)
As of Oct 16, 2026
Upcoming catalysts
- Earnings report
As of Oct 16, 2026
Latest news
As of Oct 16, 2026
MonkeyTrade's Take on Meituan
Short-term outlook
Meituan's short-term setup leans mildly bullish: MACD is positive and the stock is up 2.7% over the month, though price still sits under both the 50- and 200-day averages, capping conviction. A push through HK$80.30 resistance would confirm the upturn, while a slip back to HK$75.10 support would undercut it. No earnings until November 2026, so no near-term catalyst to disrupt this technical picture.
Medium-term outlook
Meituan's top line is still growing at a healthy 14.4% clip, but a -10.0% profit margin shows the business is burning cash to get there, and with no dividend to compensate, there's little cushion for patient holders. The technical picture is neutral too, offering no directional conviction either way. A swing back to positive margins would be the clearest signal the medium-term story is turning constructive.
Key risks
- Meituan is currently running a negative profit margin of -10.0%, raising questions about near-term earnings quality even as revenue grows.
- Chinese regulators have opened probes into four online travel booking platforms, signalling a tougher regulatory climate that could extend to other internet consumer platforms.
- The stock trades well off its 52-week high of HK$108.00, sitting at HK$77.10, reflecting weaker investor sentiment that may persist.
- Meituan's strategic pivot toward AI adds execution risk, as it diverts focus and capital from its core business without a guaranteed payoff.
About Meituan
Meituan is a Chinese technology company listed on the Hong Kong Stock Exchange under the ticker 3690. Operating in the Consumer Cyclical sector within the Internet Retail industry, it runs one of China's largest on-demand platforms, connecting consumers with local services such as food delivery, dining bookings and retail. With a market capitalisation of HK$468B, Meituan sits among the heavyweight names on the HKEX, reflecting its scale within China's digital consumer economy and its position as a go-to app for everyday local commerce.
Meituan's key figures give a quick read on how the market currently views the business. Its dividend yield stands at +0.0%, indicating the company is not currently returning cash to shareholders through dividends, consistent with a model focused on reinvestment and growth across its service offerings. No price-to-earnings
How to trade Meituan
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