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Meituan Soars Nearly 5% to Two-Month High, Southbound Funds Boost Positions for 13 Straight Days
2025-06-05 /
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Author：小编
Meituan-W shares surged by 4.9% intraday, achieving a new high not seen since April 10. During the 618 promotional period, Meituan Flash shone brightly, with the platform's total transaction volume tripling compared to the corresponding period last year. Zhejiang Merchants Securities reiterated its "Buy" rating for Meituan, expressing optimism about the company's optimized store-based business competition pattern and the robust growth potential of its flash purchase business. Furthermore, southbound funds have been consistently net buyers of Meituan shares for 13 consecutive days, with cumulative purchases amounting to HK$14.41 billion, underscoring the market's strong confidence in Meituan's future prospects.
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