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Food Delivery Unit Economics Likely Turned Profitable in 2Q","url":"https://stock-news.laohu8.com/highlight/detail?id=2655863985","media":"Dow Jones","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2655863985?lang=en_us&edition=fundamental","pubTime":"2026-07-29 17:22","pubTimestamp":1785316920,"startTime":"0","endTime":"0","summary":"0922 GMT - Meituan's food delivery segment unit economics likely turned profitable in 2Q on a reduction in its segment subsidies, say analysts at China Galaxy International. The Chinese food delivery platform's leading sector position appears underpinned by its high-quality user base and higher average order value, they say. They project Meituan's core local commerce segment revenue to grow 4% in 2Q. Meituan is meanwhile likely to face easing competition in its in-store business, as rival Douyin shifts its focus to profitability, they add. CGI raises its 2026-2028 adjusted earnings per share forecasts by 1%-29% and upgrades its rating to add from hold. It also lifts its target price to 105 Hong Kong dollars from HK$86.00. Shares closed 2.2% higher at 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16:33","pubTimestamp":1785227580,"startTime":"0","endTime":"0","summary":"This article was automatically generated by Dow Jones using technology from Automated Insights.Shares of Meituan rose 1.1% to 90.30 Hong Kong dollars on what proved to be an all-around great trading session for the Hong Kong stock market, with the Hang Seng Index rising 0.4% to 25310.85.This was the stock's second consecutive day of gains.Meituan closed 31% short of its 52-week high of HK$130.60, which the company reached July 30.Trading volume totaled 63.7 million shares, compared to the 50-day average of 57.4 million shares.Data source: Dow Jones Market Data, FactSet Dow Jones NewswiresJuly 28, 2026 04:33 ET Copyright  2026 Dow Jones & Company, 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Stock Rallies 3.0% in Hong Kong","url":"https://stock-news.laohu8.com/highlight/detail?id=2654018766","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2654018766?lang=en_us&edition=fundamental","pubTime":"2026-07-27 16:31","pubTimestamp":1785141060,"startTime":"0","endTime":"0","summary":"This article was automatically generated by Dow Jones using technology from Automated Insights.Shares of Meituan rallied 3.0% to 89.30 Hong Kong dollars on what proved to be an all-around favorable trading session for the Hong Kong stock market, with the Hang Seng Index rising 1.0% to 25207.18.Meituan closed 32% below its 52-week high of HK$131.30, which the company achieved July 28.Trading volume totaled 65.4 million shares, compared to the 50-day average of 57.4 million shares.Data source: Dow Jones Market Data, FactSet Dow Jones NewswiresJuly 27, 2026 04:31 ET Copyright  2026 Dow Jones & Company, 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