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Meituan

FXI - iShares China Large-Cap ETF... FXI stock is a strong buy due to China's rapid economic growth, diverse portfolio of leading companies, and potential for high returns. Investing in FXI offers exposure to China's expanding market. 9988.HK Alibaba Group Holding Limited 9.72% 0700.HK Tencent Holdings Limited 8.73% 3690.HK Meituan 8.09% 00939 00939 7.08% 01398 01398 4.74% 03988 03988 4.26% 9999.HK NetEase, Inc. 4.00% 1810.HK Xiaomi Corporation 3.77% 9618.HK JD.com, Inc. 3.73% 01211 01211 3.51% FXI stock is a strong buy because while the US and Europe have experienced an incredible bull run, China's market hasn't seen the same gains. This offers a unique opportunity for potential growth and high returns.
AMEX:FXILong
by Maximus20000
Meituan: Turning Point ⤴️Meituan's price is still trading at the lower end of the magenta Target Zone between HK$96.90 and HK$64. Our primary assumption remains that the stock is already working on the wave 1 rises in turquoise - and that it should soon leave the resistance at HK$103.50 well behind it. However, we must continue to weight the option with a 35% probability that the stock will still undercut our Target Zone in order to complete the correction only below the low of wave alt. (2) in green.
HKEX:3690Long
by MarketIntel
My top 3 China Stocks If you have been following me, you would know that I love China and its stocks. Below are 3 of my top 3 China stocks that have given me triple digit returns todate : 1. NIO : 476% ROI 2. Meituan Dianpin :158% ROI 3 . Xiaomi : 170% ROI Here's one of my favourite quotes from Peter Lynch : I think the secret is if you have a lot of stocks, some will do mediocre, some will do okay, and if one or two of them go up big time, you produce a fabulous result. I have highlighted the importance of self-motivation in this lonely game of trading/investing. I play back these charts every once in a while when I too got setbacks (like 2-3 consecutive forex losses) or not in the mood to do research, etc. We are like a gardener and constantly need to prune the plants to avoid overgrowing , keep it in shape, and if those that are already damaged or rotted, we have to remove them immediately else the damage will spread to the healthy ones. We constantly look for complementary or new varieties to add on to our garden, to make it even more beautiful. The important thing is not to overly focused on getting new ones (buying new shares) and neglected the existing ones..... Just like a garden, not all will blossom, you have to ensure it gets the right amount of light, water, soil type, fertiliser, etc. Maybe, you got it to blossom once, but the next time it died. Are you going to follow through and try again (ie. go back to the chart and trade/invest once more?) or you forget about it and go hunt for the next beauty ? There is no right or wrong strategy, just what suits you better. Everyone have a different idea how they want their garden to look like at the end of the day.
NYSE:NIOLong
by dchua1969
3
Do we Really still need a Degree to earn a Living ?Yesterday, the 2nd day of CNY and we were celebrating with our friends here in SG. Around evening, we ordered food online but they failed to deliver the food to my friend's place. We contacted the HQ and they said after trying to reach the driver several times, they had no choice but to refund us the money. But the app said food has been picked up and DELIVERED but the latter was not true else we would not need to go out to buy food from a nearby mall. Anyway, I asked my friend and he explained this had happened a few times. Because these drivers earn by per trip so the more trips they made a day, the more they earned. Probably, the driver misjudged the distance and took my friend's order and decided not to deliver the food. We don't know but we hope he is fine. On my way home, I thought hard about this industry and can't help feeling amazed how a food delivery business can change the lives of so many people globally, especially in China. Read this article here . When you can make an average income of 7000 RMB per month if you really put in the long hours. Who will need a degree these days ? And with technology affecting so many parts of our lives, who is to say what trend will we be seeing in 3-5 years time let alone 10 years ?
HKEX:9988Long
by dchua1969
3
Meituan Achieves a 77% YoY Revenue Growth in Q2 2021The platform earned CNY 43.80 billion in Q2 2021 while reducing its monthly operating loss to CNY 3.25 billion. According to survey data, 60% of full-time riders have a monthly income of more than CNY 5,000. - On August 30, 2021, Meituan, the Chinese life service e-commerce platform, released its Q2 financial report. The report shows that the company earned a quarterly revenue of CNY 43.80 billion, with a year-on-year increase of 77%, and the monthly operating loss was reduced to CNY 3.25 billion. - In terms of businesses, the platform's revenue of takeout food was CNY 23.10 billion, accounting for 52.74% of the total; earnings from hoteling were CNY 8.60 billion, covering 19.63% of the total. As indicated by the firm, its retail business continued to build its core infrastructures and has begun to establish nationwide cold-chain logistics, while promoting the growth of high-quality agricultural products across the country. - Wang Xing, CEO of Meituan, said that their businesses continued to maintain steady growth in Q2 2021, thanks to the continuous and stable recovery of China's economy and the company's deep integration of digitization with the real economy and service economy. He also mentioned the company's firm determination to implement relevant national policies, play a proactive role in social responsibilities, and utilize the power of technology to propel China's economic development. - As for expenditure, Meituan's R&D investment in Q2 2021 reached CNY 3.90 billion, with a year-on-year increase of over 60%. At the same time, the cost of the riders reached CNY 15.50 billion, a year-on-year increase of 53%. - In terms of data, the number of users trading on the platform annually was 630 million and its active businesses up to 7.7 million until Q2 2021, both reaching a record high; the average per capita number of transactions was 32.8 annually, a year-on-year increase of 27.8%. - In June 2021, the firm launched the 'takeout housekeeper service' to help digitalize the operation of high-quality but small- and medium-sized businesses. As the first phase of special subsidies, CNY 150 million was invested by the platform to provide 30,000 small and medium-sized businesses with three-month online operation services free of charge. Until now, 6000 businesses from 25 pilot cities have participated, driving up the average transaction volume of takeout restaurants by over 50%. - In terms of riders, the report shows that, before H1 2021, the number of daily active riders of Meituan has exceeded one million. According to survey data, 60% of full-time riders have a monthly income of more than CNY 5,000. - In July 2021, the company founded a service department to ensure riders' safety and improve their work experience. Besides, the firm has been responding to the national call and actively participated in the pilot programs to prevent and resolve the risk of occupational injury. In addition, Meituan also launched the 'Webmaster Training Program' and has been cooperating with vocational and community schools. - The platform stated that in the future, it will provide a more comprehensive protection system for riders' rights and interests according to relevant policies and promote the high-quality and healthy development of the industry. - Founded in Beijing in 2011, Meituan is China's leading e-commerce platform for life services. Its products include public reviews net, Meituan takeout and others. Its services cover more than 200 categories, such as catering, takeout, fresh retail, ride-hailing, bike-sharing, hotel tourism, film, and leisure & entertainment, and its operation covers 2800 counties, regions, and cities across China. - On June 22, 2018, the platform was listed on the Hong Kong Stock Exchange. As of the close on August 30, 2021, its share price was HKD 228.40 (CNY 189.73), with a market value of about HKD 1.40 trillion (CNY 1.16 trillion).
OTC:MPNGF
by EqualOcean
What's in my shopping list today !Here's a list of stocks, ETFs, commodities, currencies that I have went long recently : Stocks : Wilmar Meituan Geely Beijing Airport ZA Online Baozun NIO Tencent Yeahka Lemonade Amazon Moderna Tesla Xiaomi Stone Co Baidu Commodities : Platinum Gold USOIL Currencies : EURUSD NZDUSD GBPJPY Indices : Nikkei 225 HSI SPX500 (see chart) Please note that this is not a recommendation to follow my trades as I would prefer readers to take time to understand their own trading/investment temperament, objectives , capital allocation, risk tolerance, etc before punching in the orders. Placing orders is a couple of minutes affair but what happened thereafter is crucial. For example, you can see that for GBPJPY and NZDUSD, I have longed both pairs for quite a while, adding only occasionally though there were many opportunities to do so coz I need to allocate capital to other instruments that I am vested in. Again, how much to allocate in one product, I leave it to you to do your own research. Putting a % would be meaningless in this instance. From this sample above, you can see that I am quite diversified in terms of sectors, countries, products,etc. So yes, you can say I am greedy in some sense, haha but in a good way, I assume. Also, I am not able to filter find my commodities like copper , wheat, soy bean, etc in the search box as it comes up empty but if you go through the pages you would find them and I have also added some of those as well. Once more, I apologised to those who are new to my trade posts and have enquired about certain stocks but I have yet to provide you the answers. Have a great Friday , everyone and may abundance, peace and prosperity with all of you !!!!
OANDA:SPX500USDLong
by dchua1969
China's Consumer Discretionary ETFFrom the beginning of 2020, emerging markets, and specially China, had been really outperforming. The sector has taken a 12% correction from its high on February 16th. Which was coincidental with the past sell signals from the drawn channel. We have tested the 50sma, which has worked as the lower channel trend line in this system. Risk-reward-ratio is fantastic as we can a stop below the moving average; with a target around $42. Top 5 Holdings: Meituan (10.38%) Alibaba (7.92%) NIO (7.42%) JD (6.98%) PDD (5.94%)
AMEX:CHIQLong
by dorfmanmaster
1
China Internet ETF - Bull flagTechnical analysis We tested resistance approximately at the $50 limit; and broke it on Thursday, January 2nd. Now this resistance has become out short-term support. A bull flag is forming today, as a continuation of the bull pattern. Top 10 Portfolio holdings Name - Symbol - % of ETF assets Meituan Dianping - 03690 - 10.43% Alibaba - BABA - 10.19% Tencent Holdings - 00700 - 8.83% Baidu - BIDU - 7.46% JD.com - JD - 6.58% Pinduoduo - PDD - 6.56% Tal Education Group - TAL - 4.27% NetEase Inc - NTES - 4.21% Trip.com - TCOM - 3.45% 58.com - WUBA - 3.36% Top 10 holdings % total = 65.36% Market cap weighings = 65% giant cap / 25% large cap / 10% medium cap
AMEX:KWEBLong
by dorfmanmaster