HKG:3690.HK

Meituan Class B Stock Today (27 November 2025): Price Pullback, AI Leadership Shake‑Up and Q3 Earnings Countdown

Meituan Class B shares closed at HK$102.6 on Thursday, down about 1.1% after a strong rally the previous day. Investors digested news that Wang Huiwen, co-founder and head of Meituan’s AI arm Lightyear Away, has stepped down from key roles. Markets await Q3 results Friday, with analysts expecting a swing to heavy loss amid ongoing price wars.

27 November 2025

Earnings Reports·HKG:3690.HK·Stock Market

Meituan (3690.HK) Soars to HK$100: Food-Delivery Wars, AI Ambitions & What Analysts Expect

Meituan shares closed at HK$100.00 on Oct 23, up 4.06% for the day after rebounding from a 52-week low of HK$94.05 last week. The company reported an 89% profit drop in Q2 2025 amid price wars but is expanding overseas and investing heavily in AI. Meituan leads China’s food delivery market with about 70% share. Analysts set a 12-month target of HK$119.7, citing both tech investments and ongoing subsidy battles.

23 October 2025

Artificial Intelligence·HKG:3690.HK·Stock Market·Technology

From Skies to Sidewalks: Inside the 2025 Drone Delivery Revolution

UPS Flight Forward completed the first true BVLOS drone deliveries in the U.S. without human observers in November 2024, monitored remotely from Kentucky. Amazon, Wing, and Zipline expanded drone and robot delivery pilots in the U.S. and abroad. The FAA and EU regulators advanced new rules to enable broader drone operations. China’s Meituan and Europe’s Manna Aero ramped up commercial drone deliveries in 2024–2025.

28 July 2025

Drones·HKG:3690.HK·Innovation·NASDAQ:AMZN·NASDAQ:GOOGL·NYSE:UPS·NYSE:WMT·Technology

Australia Shares Expected to Fall Slightly, New Zealand Markets Dip
March 19, 2026, 6:42 PM EDT. Australian shares look set to edge lower in early trade, while New Zealand markets are down slightly. Investors remain cautious amid mixed economic signals and geopolitical tensions. Market participants are watching for updates on commodity prices and central bank policies, which could influence regional equities. Overall, sentiment appears subdued as market players weigh uncertainties ahead.