Today: 28 June 2026
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HKG:3690.HK 28 July 2025 - 27 November 2025

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

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

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
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From Skies to Sidewalks: Inside the 2025 Drone Delivery Revolution

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
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Stock Market Today

  • Crypto Analyst Predicts 50x Surge for Aave, Outperforming Bitcoin by 2030
    June 28, 2026, 10:17 AM EDT. Bitcoin has declined over 50% since its October peak, amidst concerns about a crypto "Ponzi scheme" collapse. Geoff Kendrick, head of crypto research at Standard Chartered, forecasts a 50-fold surge in Aave's price-from $70 to $3,500-by 2030, positioning it to outperform Bitcoin and Ethereum. Aave, a major decentralized finance (DeFi) lending protocol with $12.4 billion locked in assets, suffered a $300 million exploit in April but remains a key player in DeFi, an emerging area Kendrick calls the next source of "generational wealth." He also predicts Bitcoin will reach $100,000 by 2026 and Ethereum $4,000. This highlights investor shifts towards DeFi amid faltering high-growth tech stocks and gold.

Latest articles

NVDA selloff drags $74 billion equity stake into spotlight

NVDA selloff drags $74 billion equity stake into spotlight

28 June 2026
Nvidia plunged 8.6% last week to $192.53, wiping out about $443 billion in equity value, as chip stocks suffered their worst week since April and Nvidia’s massive equity investment book added new risk to quarterly results; a further drop to $189.23 would mark a 20% slide from its May high.
AAPL volume spikes as QQQ faces memory squeeze risk

AAPL volume spikes as QQQ faces memory squeeze risk

28 June 2026
Apple (AAPL) surged 3.14% Friday on massive volume after a weeklong slide, but still lost $209 billion in value as memory chip price hikes forced iPad and MacBook increases; investors face margin pressure, supply-chain risks, and a short trading week with Apple now trading more on memory costs than iPhone cycles.
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