Meituan Class B
03690: XHKG (HKG)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
HKD 911.00 | Nqzwj | Wbd |
Positive Surprise Possible For Meituan From Q4 Results but Long-Term Headwinds Linger
We believe there could be some risk to the upside to Meituan’s fourth-quarter results should it be able to show significant profitability improvement, due to be released on March 24, but we retain our long-term view that there are structural headwinds that are likely to linger.