On Monday, shares in No. Shares in Alibaba and Tencent extended losses and closed down more than 2.5%.Read more: China Clampdown on Big Tech Puts More Billionaires on Notice“Investment and takeovers are important means for development and growth of internet companies,” the regulator said in the statement. 1 Year Return. Subscribe to Premium to view Fair Value for 3690.HK. Today, Meituan has emerged victorious with a market share of 65%. The In-store, Hotel, and Travel segment offers merchants to sell vouchers, coupons, tickets, and reservations in the platform. View today's stock price, news and analysis for Meituan (3690). The first-day gains lifted Beijing-based JD Health to a market value of roughly $44 billion, surpassing that of rival Alibaba Health Information Technology Ltd. This is a visual representation of the price action in the market, over a certain period of time. 3690.HK updated stock price target summary. 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(Bloomberg) -- China’s antitrust watchdog fined Alibaba Group Holding Ltd. and a Tencent Holdings Ltd. unit over a pair of years-old acquisitions and said it’s reviewing an impending Tencent-led merger, signaling Beijing’s intention to tighten oversight of internet sector deals.The State Administration for Market Regulation said Monday it’s reviewing the combination of DouYu International Holdings Ltd. with Huya Inc., which could create a Chinese game streaming leader akin to Amazon’s Twitch. EqualOcean Meituan-Dianping shares reached a record high of HKD 214.6 today pushing the total market value above HKD 1.25 trillion. The Company owns an instant food ordering and delivery brand, Meituan, as well as provides services through its mobile application, Meituan. © 2020 Verizon Media. On eToro, you can buy $03690.HK or other stocks and pay ZERO commission! While the share prices of Tencent, Alibaba, and JD.com have grown as well, their growth, in the range of 25-30%, has benn much more modest than that of Meitaun Dianping. Terms apply. Meituan Class B () Stock Market info Recommendations: Buy or sell Meituan stock? View the latest Meituan Dianping (MPNGF) stock price, news, historical charts, analyst ratings and financial information from WSJ. The New Initiatives and Others segment includes revenue derived from cloud-based enterprise resource planning systems, integrated payment services, supply chain solutions to merchants, small and medium-sized merchants financing services, local transportation services, and other products and services. View the latest Meituan (3690) stock price, news, historical charts, analyst ratings and financial information from WSJ. Chinese tech company Meituan Dianping made a robust stock market debut Thursday after raising billions of dollars from investors. Meituan-Dianping (3690.HK) enjoyed a ... a 7% increase over its initial public offering price of HKD$69. On 19 January 2016, Meituan Dianping announced that it has raised more than $3.3 billion. Intraday Data provided by FACTSET and subject to terms of use. Meituan Inc. is specialized in the operation of e-commerce platforms. “A lot more Chinese people are now participating in online medical services.”The fragmented nature of the online healthcare sector, combined with tight state control over medical services, means that no single company has a monopoly, Xin said, which may help shield the industry from pending antitrust rules aimed at increasing regulatory oversight of China’s tech firms. Meituan. HK Market. Meituan Dianping (PK) (MPNGF) stock price, charts, trades & the US's most popular discussion forums. Meituan-Dianping (3690.HK) enjoyed a ... During morning trading, Meituan’s shares reached a high of HKD$73.85 ... a 7% increase over its initial public offering price of HKD$69. Follow Meituan Dianping share price and get more information. [Photo/VCG] Meituan Dianping, Chinese mainland's leading on-demand online service provider, has set a price of HK$69 ($8.80) per share for its scheduled Hong Kong initial public offering on Sept 20, with a planned HK$32.6 billion in net financing, the company announced on Wednesday. Log in to see them here or sign up to get started. MPNGF | Complete Meituan Dianping stock news by MarketWatch. Meituan networking marketing ... Go long or short on over 8000 share prices, get greater flexibility with direct market access and even buy shares outright. Shares in Meituan, whose app … As its current share price of HKD 159.6 already exceeds our target price of HKD 124, investors may consider taking some profits off the table. Share Price & News. Visit a quote page and your recently viewed tickers will be displayed here. Latest Meituan Dianping (9MD:DUS) share price with interactive charts, historical prices, comparative analysis, forecasts, business profile and more. For the best MarketWatch.com experience, please update to a modern browser. By using this site you agree to the The Meituan Dianping ( HKG:3690) share price has risen by 21.4% over the past month and it’s currently trading at 121.3. Paper belongs to the segment “Internet retail trade”. Meituan Dianping has set a price of HK$69 per share for its scheduled Hong Kong initial public offering on Sept 20. Chinese Regulations Begin to Hit Internet Stocks. There are currently no items in this Watchlist. Subscriber Agreement & Terms of Use, Analysts are urging investors to stay away from shares of Chinese tech firm Meituan Dianping. Stable Share Price: 3690's share price has been volatile over the past 3 months. Beijing in November unveiled draft regulations that establish a framework for curbing anti-competitive behavior such as colluding on sharing sensitive consumer data, alliances that squeeze out smaller rivals and subsidizing services at below cost to eliminate competitors. Last Friday (22 November), the company’s stock price jumped more than 10% after reporting its third-quarter results for 2019. Over the past few years, it has been engaged in a bitter price war with Ele.me as the two giants fought for control over China’s food delivery market. It operates through the following segments: Food Delivery, In-store, Hotel, and Travel, and New Initiatives and Others. How has Meituan Dianping's share price performed over time and what events caused price changes? While the amount is immaterial to Alibaba, retroactive application of new anti-competitive rules announced in November may be a stern warning to toe the line in future.\-- Vey-Sern Ling and Tiffany Tam, analystsClick here to read the researchHuya in October agreed to buy DouYu in an all-share deal and Tencent, which currently owns stakes in both companies, was expected to hold about 68% of the merged business’s voting shares. Meituan - Class B (MPNGF) Stock Quotes - Nasdaq offers stock quotes & market activity data for US and global markets. 3690. 3 internet company Meituan plunged 3.8% after the People’s Daily wrote an editorial slamming the industry’s preoccupation with growing traffic and volumes in areas such as grocery delivery, at the expense of real scientific innovation.China’s two largest corporations are also its most acquisitive, using scores of deals to expand into adjacent fields and groom some of the country’s most promising startups.Alibaba had led a $2.6 billion buyout of Intime as part of efforts to develop new business models that combine e-commerce with brick-and-mortar retailing. Latest Share Price and Events. China Literature agreed in 2018 to buy New Classics Media for as much as 15.5 billion yuan to expand in filmed content.The companies had failed to seek approval for the deals, which aren’t deemed anti-competitive, the antitrust regulator said Monday. 4.4%. By continuing to use this website, you agree to our use of cookies. Meituan Dianping's relentless growth has given it a larger market cap than Baidu. Alibaba’s Ele.me now directs flowers, housekeepers and masseurs to doorsteps in addition to lunchboxes, while Tencent-backed Meituan Dianping tries its hand on beauty products and smartphones.With more than 1 billion annual active consumers, Alibaba generated over $1 trillion in gross merchandise value in the 12 months ended June, Wu said. According to the company’s analysts, there are certainly reasons to think it will continue to perform well in the year ahead. Meituan Dianping (SEHK: 3690) is the operator of a Chinese “super app” accessible via mobile and WeChat. Latest Share Price and Events. Meituan Dianping analyst ratings, historical stock prices, earnings estimates & actuals. Meituan Dianping (PK) (MPNGF) share price, charts, trades & the UK's most popular discussion forums. 30 Day Avg Volume 98,517. The company was renamed from "Meituan Dianping" to Meituan with effect from September 30, 2020. Here's … MEITUAN DIANPING is a China-based e-commerce platform providing life services. Stable Share Price: 3690's share price has been volatile over the past 3 months. It fined Alibaba 500,000 yuan ($76,500) for failing to seek approval before increasing its stake in department store chain Intime Retail Group Co. to 73.79% in 2017, while China Literature Ltd., the e-books business spun off by Tencent, was also censured over a previous deal, according to a statement.The penalties come after regulators last month declared their intention to increase scrutiny of China’s largest tech corporations with new anti-monopoly rules. Intraday data delayed at least 15 minutes or per exchange requirements. Date Share Price Share Price Change Share Price % Change Low Price High Price Shares Traded; 07 Dec 2020: 36.70-0.30-0.81%: 36.07: 37.6159: 31,655: 04 Dec 2020 : Get the latest Meituan Dianping Registered stock price and detailed information including news, historical charts and realtime prices. Analysts are urging investors to stay away from shares of Chinese tech firm Meituan Dianping. All rights reserved. China Literature said in a statement that it has been actively working with regulators on compliance, while Alibaba representatives didn’t immediately respond to requests for comment.Read more: Jack Ma Bets $2.6 Billion He Can Revamp China Retail SectorWhat Bloomberg Intelligence Says:Alibaba’s ability to strengthen its domestic e-commerce ecosystem through M&A may be significantly weakened on rising anti-monopoly scrutiny, underlined by a 500,000 yuan fine by the State Administration for Market Regulation on Monday for failing to seek approval for its stake acquisitions of Intime Retail in 2014-18. Shares Outstanding 5.15B. Revenue rose 76% to 8.8 billion yuan ($1.35 billion) in the first half of 2020, making it the largest internet health-care platform and online pharmacy by revenue in China, according to its prospectus.“From the long-term perspective, the pandemic has greatly pushed forward the health-care industry,” Xin said. Stock analysis for Meituan (MPNGF:OTC US) including stock price, stock chart, company news, key statistics, fundamentals and company profile. The Meituan Dianping price will be HKD 45.08 on January 18, 2019, 04:20 on the Hong Kong Stock Exchange. It made its maiden stock debut in Hong Kong last September. Price to Sales Ratio 12.8896. Meituan Dianping is an investment holding company, which engages in the provision of a platform that uses technology to connect consumers and merchants. This is despite a smaller user base and potential reliance on Tencent to expand in the prescription-drug market.\-- Nikkie Lu, analystClick here for the reasearch(Updates share price in second paragraph. Access our live advanced streaming chart forMeituan Dianping Share, free of charge. HK Online Retail. This unique "area" or candle chart enables you to clearly notice the movements of this Meituan Dianping share within the last hours of trading, as well as providing you with key data such as the daily change, high and low prices. View real-time stock prices and stock quotes for a full financial overview. Here's … 14/11/2020 02:47:45 Cookie Policy +44 (0) 203 8794 460 Free Membership Login 4.2%. Alibaba Health has more than doubled this year in Hong Kong trading, while Ping An Healthcare and Technology Co. has gained roughly 61%.To grab a greater slice of this multibillion-dollar market, Xin said JD Health is seeking acquisitions and investment opportunities in areas such as artificial intelligence companies and wholesale pharmacies.What Bloomberg Intelligence Says:While JD Health’s valuation metrics such as price-to-sales comparison remain lower than e-pharmacy peer Alibaba Health, its market cap has surpassed its rival on its Dec. 8 IPO debut. All quotes are in local exchange time. Barron's also provides information on historical stock ratings, target prices, company earnings, market valuation and more. The Food Delivery segment provides food ordering and delivery service. Get Meituan (3690-HK:Hong Kong Stock Exchange) real-time stock quotes, news and financial information from CNBC. 3690. Meituan Waimai is the food delivery arm of Meituan Dianping. Meituan Dianping live price charts and stock performance over time. The lighter blue line represents the stock's consensus price target. Discover new investment ideas by accessing unbiased, in-depth investment research, HKSE - HKSE Delayed Price. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. Stock analysis for Meituan (3690:Hong Kong) including stock price, stock chart, company news, key statistics, fundamentals and company profile. HK Market. Meituan Dianping chart This market's chart. Use technical analysis tools such as candles & Fibonacci to generate different instrument comparisons. 185.5%. The Meituan Dianping share price has risen by 13.1% over the past month and it’s currently trading at 104.1.For investors considering whether to buy, hold or sell the stock, the question now is whether this price run will continue. As of 10 June 2020, its share price has more than doubled after hitting a low of HKD 72 earlier in March (Figure 3). This unique "area" or candle chart enables you to clearly notice the movements of this Meituan Dianping share within the last hours of trading, as well as providing you with key data such as the daily change, high and low prices. : Get the latest Meituan Dianping Registered stock price and detailed information including news, historical charts and realtime prices. Meituan-Dianping market cap is $1.7 t.. View Meituan-Dianping stock / share price, financial statements, key ratios and more at Craft. Meituan Dianping is an Chinese e-commerce platform for services. MEITUAN DIANPING analysts consensus, targets, ratings and recommendations | Hong Kong Stock Exchange: 3690 | Hong Kong Stock Exchange You can use this to help gauge a market’s performance. A total of 4 factors lead to the individual assessments as “buy”, “hold” […] Currency in HKD. This is a visual representation of the price action in the market, over a certain period of time. Meituan Dianping is an investment holding company, which engages in the provision of a platform that uses technology to connect consumers and merchants. Price to Book Ratio 13.9281. The offering is the largest of this year’s first-time share sales in Hong Kong -- only a second listing by JD Health’s parent company in June was bigger.Read more: JD Health’s Debut is The Best by a Mega Hong Kong IPO: ECM WatchThe health-care affiliate of Chinese e-commerce giant JD.com Inc. projects it will reach 100 million users by end-2021, Chief Executive Officer Xin Lijun said in a Bloomberg TV interview, after reaching 56.1 million annual active users at its online retail pharmacy business last year. Meituan Dianping's relentless growth has given it a larger market cap than Baidu. On September 20, 2018 Meituan Dianping debuted on the Hong Kong stock exchange at an IPO price of HK$69 per share. Historical and current end-of-day data provided by FACTSET. According to the company’s analysts, there are certainly reasons to think it will continue to perform well in the year ahead. The chart below shows how a company's share price and consensus price target have changed over time. Meituan Dianping is an Chinese e-commerce platform for services. 1 Year Return. Cookie Notice. Privacy Notice, and The Meituan Dianping share price has risen by 40.2% over the past month and it’s currently trading at 155.6.For investors considering whether to buy, hold or sell the stock, the question now is whether this price run will continue. The company is headquartered in Beijing and was founded in 2010 by Wang Xing.The company operates different apps and websites for different services. In fact, one firm sees more than 30 percent downside for Meituan Dianping… According to the company’s analysts, there are certainly reasons to think it will continue to perform well in the year ahead. 1.4%. For investors considering whether to buy, hold or sell the stock, the question now is whether this price run will continue. The Meituan Dianping share price has risen by 13.1% over the past month and it’s currently trading at 104.1.For investors considering whether to buy, hold or sell the stock, the question now is whether this price run will continue. Share Price & News. “Digitalization is the biggest opportunity of our time.”Read more: Chinese Consumers Join Industrial Recovery From Covid-19(Updates share price in second paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the … The company was founded by Xing Wang, Hui Wen Wang, and Rong Jun Mu in March 2010 and is headquartered in Beijing, China. Meituan Dianping (SEHK: 3690) is the operator of a Chinese “super app” accessible via mobile and WeChat. 185.5%. 4.2%. View the latest Meituan Dianping (MPNGF) stock price, news, historical charts, analyst ratings and financial information from WSJ. This browser is no longer supported at MarketWatch. Meituan Dianping: Can Its Share Price Continue to Rally? Meituan Dianping 2018 Interim Results Announcement Septemper 27 2018; Conference Calls. 7 Day Return. Our team of analysts has analyzed Meituan Dianping on the basis of this market valuation. 1.4%. Access detailed information about the Meituan Dianping (3690) Share including Price, Charts, Technical Analysis, Historical data, Meituan Dianping Reports and more. The group offers sites offering online meal delivery, hotel reservations, car rentals, travel arrangements, bicycle sharing, movie ticket purchases, etc. The dark blue line represents the company's actual price. Free forex prices, toplists, indices and lots more. “The announcement, together with the draft antitrust guidance unveiled in November, signals that Beijing will pay close attention to the monopolistic status of Chinese internet companies.”(Adds China Literature comment in seventh paragraph, estimated size of live-streaming game market in eighth paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P. After China's latest growth MYR future is uncertain. Market Performance. Copyright © 2020 MarketWatch, Inc. All rights reserved. “China’s health-care market is over ten thousand billion yuan, but JD Health, even as the No. Meituan is no exception. Third Quarter 2020 Financial Results. Alibaba’s Ele.me now directs flowers, housekeepers and masseurs to doorsteps in addition to lunchboxes, while Tencent-backed Meituan Dianping tries its hand on beauty products and smartphones.With more than 1 billion annual active consumers, Alibaba generated over $1 trillion in gross merchandise value in the 12 months ended June, Wu said. China Health Care and Software, a Fund Manager Says. HK Online Retail. 1 player, is only ten billion in size, thus it is very hard to monopolize the market.”Instead of curbing their influence, Xin said Chinese regulators are “encouraging” the development of online health-care providers in a bid to cope with rising demand from a rapidly aging society. We use a range of cookies to give you the best possible browsing experience. Where’s the Next Bull Market? Access our live advanced streaming chart forMeituan Dianping Share, free of charge. On eToro, you can buy $03690.HK or other stocks and pay ZERO commission! 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