[Brokerage Focus] Guozheng International: The pullback in Hong Kong stocks provides a buying opportunity, with companies like Smol waiting to unleash their potential, maintaining a “Buy” rating.
Lyon: Maintains MEITUAN-W (03690) "Outperform Market" rating with a Target Price of 217 HKD.
Citi: Maintains MEITUAN-W (03690) "Buy" rating with a Target Price of 200 HKD.
Major Bank Rating | UBS Group: Expects Meituan's food delivery Orders and unit economic growth to remain stable this year, maintaining a "Buy" rating.
UBS Group: Maintains MEITUAN-W (03690) "Buy" rating with a Target Price of 270 Hong Kong dollars.
Meituan-W (03690.HK): Focus on AI empowerment is expected to improve experience and efficiency at the same time
CITIC SEC: Maintain a "Buy" rating on MEITUAN-W (03690). Paying social insurance for delivery riders is beneficial to strengthen competitiveness.
Major Bank Ratings | JPMorgan: It is expected that in the next 6 to 12 months, Meituan's stock price still has room for upward movement with a Target Price of 200 HKD.
[Brokerage Focus] Nomura Securities reiterated the "Buy" rating for Meituan (03690), stating that the impact of social security coverage is overall controllable and will not change the fundamentals of the takeaway business.
Goldman Sachs: Initiates a "Buy" rating on MEITUAN-W (03690) with a Target Price of HKD 200.
[Brokerage Focus] Guosen maintains the 'Outperform' rating for Meituan (03690). The impact of JD.com entering the takeout market on the company is relatively controllable.
Meituan-W (03690.HK): DOORDASHAI's layout provides development and draws on takeout's core competitiveness is still stable
Meituan-W (03690.HK): JD Takeaway 0 Commission Review: Limited investment in innovative business resources does not affect Meituan Takeaway's core competitiveness
Meituan-W (03690.HK): Steady takeout arrival, optimized flash sales, high growth
[Brokerage Focus] CMB International indicates that the overall domestic tourism demand remains resilient, and outbound tourism demand remains strong.
Nomura: Maintains Buy rating on MEITUAN-W (03690) with a Target Price of 212 HKD.
Large Bank Ratings | Crédit Agricole: China’s Internet Plus-Related Industry favors games, tourism, local services, and beneficiaries of trade-in policies.
Major bank rating | Citibank: Reaffirms Meituan's Buy rating, has a positive view on its rapid penetration pace.
Major Bank Rating丨DBS: It is unlikely that Chinese Internet Plus-Related stocks will outperform the market in the first quarter, with Meituan and Ctrip as industry favorites.
Major rating丨BOCOM INTL: Expect both support and disturbances in this year's stock market, with a focus on Technology stocks such as Alibaba, Tencent, Meituan, etc.