Tag: Meituan
JPMorgan downgrades its opinion on China, but still likes these individual stocks
As the summer holidays end, investors in China are coming to accept that consumption and growth will remain sluggish for a while. JPMorgan...
PDD just gave markets the latest warning on China's consumer. Where investors are looking instead
PDD 's tumble of nearly 30% last week on disappointing quarterly results is a reminder that China's consumer has largely moved on from...
China's consumers are spending on experiences. Travel stocks to watch
China's biggest food delivery platform is seeing a trend: more spending on experiences. "More and more consumers are willing to allocate a larger...
These 5 shares are beating the S&P 500 — and analysts count on them to rise even additional
Markets are nonetheless red-hot even after an excellent 2023, when the S & P 500 soared round 24%. The S & P 500...
Is China’s consumption story over? This is what specialists are saying
A girl waits on her bicycle to cross an intersection outdoors a brand new shopping center in Beijing, China, on Sept. 13, 2023.Kevin...
China’s Meituan misplaced $82 billion in market cap amid rising competitors, slowdown in meals supply enterprise
A meals supply courier for Meituan in Beijing, China, on Tuesday, Aug. 22, 2023. A surge in gross sales anticipated for Meituan could...