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Citi Adds Meituan-W to Pan-Asia Focus List with HK$217 Target Price
2025-04-23 /
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Author：小编
Citi has included Meituan-W in its Pan-Asia Focus List, retaining its 'Buy' recommendation and establishing a target price of HK$217. The bank holds a positive outlook on Meituan's early success in the Saudi market and its robust growth in overseas business expansion. Citi believes that Meituan's AI strategy, plans for drone deliveries, and investments in robotics will further solidify its position as a leading technology-driven local lifestyle services platform. Furthermore, Citi highlights that Meituan is relatively insulated from external trade war pressures compared to other firms, faces no threat of ADR delisting, and does not depend on the US market for its revenue stream.
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