Daiwa Securities rating: Tencent and Ctrip are preferred for Chinese internet stocks, bullish on Netease, PDD Holdings, Meituan and KE Holdings.
Goldman Sachs: Maintains buy rating on AAC Tech (02018), target price raised to HKD 38.2.
Meituan-W (03690.HK) 2024Q1 Results Announcement Comment: Strong Growth in Core Local Businesses, Remarkable Results in Reducing Losses in New Businesses
Goldman Sachs: Rated Meituan (03690) as buy with a target price of 148 yuan.
Meituan-W (3690.HK): Strong growth in the number of instant delivery transactions, significant loss reduction in new businesses
Major bank rating | Furui: Meituan's increased repurchase reflects confidence, maintains a buy rating with a target price of HKD 135.
Meituan-W (3690.HK) 1Q24 performance review: steady recovery of core local revenue, loss of new business, exceeding expectations
Meituan-W (3690.HK): Profit exceeded expectations, new business significantly reduced losses
Research reports- China Merchants: Raised Meituan's target price to HKD 151 and rated it as "shareholding".
Banking Rating|CMB International: Raised Meituan's target price to HKD 137.8 and maintained the "outperform" rating
Meituan-W (03690.HK) 2024Q1 performance review: profit exceeds expectations, focus on the restoration of the monetization rate of in-store wine tours
Bocom Intl upgraded Meituan's target price to HKD 129 and raised the revenue and net income expectations for the next two years.
Bocom intl: Maintains 'buy' rating for Meituan-W (03690) with target price raised to HKD 129.
Meituan (3690.HK) 1Q24 review: It is expected that core local businesses will achieve double digit growth in operating profit in 2024 under changing demand and slowing competition
Meituan-W (03690.HK): Core local commercial profits release new businesses to accelerate loss reduction
Nomura Adjusts Meituan's Price Target to HK$135 From HK$129, Keeps at Buy
Meituan-W (03690.HK): Improving operational efficiency and continuous profit side optimization
Meituan-W (3690.HK) Q1 Review in '24: Competitive Boundaries Gradually Clarified, New Businesses Significantly Reduced Losses
Meituan-W (3690.HK): Revenue growth exceeds expectations, profit side continues to improve
JD Group-SW (9618.HK): 1Q24 revenue increased 7%, NON-GAAP net profit increased 17%, surpassed expectations and both sides of the flywheel rotated forward