UB#MTUANRP2808B

Meituan accelerates overseas expansion with the official launch of its food delivery platform Keeta in Qatar

Meituan Travel releases a report, revealing the Top 3 popular destinations for intangible cultural heritage customs experiences in 2026

Meituan Select business suffers huge investment loss, triggering industry warnings

Multiple regions issue food delivery compliance guidelines, demanding platforms stop low-price vicious competition

Meituan's stock price fell over 4% on February 13, with its market capitalization dropping below HK$500 billion

Xinhua article describes a more convenient Chinese New Year, facilitated by platforms like Meituan

China's SAMR releases 'Antitrust Compliance Guidelines for Internet Platforms'

Data shows Meituan received a net inflow of HK$545 million from Southbound funds on February 10, ranking first in the market.

Meituan reportedly acquires Dingdong Maicai, intensifying instant retail competition

Meituan lays groundwork for possible entry into Vietnam

Meituan Records Net Inflow from Southbound Stock Connect

Meituan upgrades its New Year's Eve dinner reservation service, introducing a deposit system and VR room viewing feature.

Meituan's Half-Day Short Selling Value Surges by 1.3 Times, Ranking First Among Stocks

Meituan Upgrades Its AI Butler 'Wenxiaoquan' to Boost Spring Festival Consumption

Beijing's market supervision authority met with 12 online train ticket sales platforms, including Meituan

Meituan distributes Spring Festival benefits to over a million riders, offering a 10,000 yuan "Dream Fund" for veteran riders of over ten years

State media reports on the story of a Meituan delivery driver who encountered the General Secretary

Agora, Meituan, and xbench Jointly Release AI Outbound Call Agent Evaluation Benchmark

Competition Intensifies: Alibaba to Continue Heavy Investment in Taobao's Flash-Shopping Business

Moody's affirms Meituan's Baa1 rating but revises outlook to 'Negative'

GUANZE MEDICAL

PCPD

STARCOIN GROUP

HUILI RES

TIMES UNI GP

MANY IDEA CLOUD

WALNUT CAP

SILKWAVE INC

HUA LIEN INT'L

WAI CHUN GROUP

00HSI

601899

MPNGY

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Hong Kong stocks fell sharply on the last day before the long holiday, with the Hang Seng Index closing at 26,567 points, down 465 points or 1.7%. Meituan plummeted 3.2%, hitting a two-year low, and Zijin Mining dropped 7.6%. The overall market turnover was HKD 257.5 billion, with a net inflow of HKD 20.22 billion from the north. The three major indices rose slightly for the week, with the National Index closing at 9,032 points, down 142 points, and the Tech Index reporting 5,360 points, down 48 points. The resources and precious metals sectors faced a sell-off, and traditional financial stocks also performed weakly

- Hong Kong's stock market faced heavy selling pressure before a long holiday, with the Hang Seng Index closing down 465 points at 26,567.  
- Major indices experienced slight weekly gains despite the day's decline; Meituan performed poorly, while Innovent Biologics and WuXi AppTec showed better results among blue chips.  
- Analysts suggest continued pressure on the market as tech stocks remain weak, anticipating potential testing of support around 26,300 points next week.

Stheadline

Hang Seng Index

Zijin Mining

Meituan

ZIJIN MINING

MEITUAN

The Hang Seng Index fell by 465 points, Meituan dropped sharply by 3%, and Zijin Mining declined by 8%. Experts expect the market to be weak in the first half of the day before the holiday｜Hong Kong stock market closing

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BABA

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The total short selling amount in the Hong Kong stock market reached HKD 45.73 billion, accounting for 20.3% of the total shortable stock turnover of HKD 225.24 billion. This is an increase from the previous day's 16.5%. The five stocks with the highest short selling amounts are: TRACKER FUND short selling ratio 37.9%, short selling amount HKD 6.83 billion; CSOP HS TECH short selling ratio 34.4%, short selling amount HKD 2.85 billion; MEITUAN-W short selling ratio 25.8%, short selling amount HKD 2.11 billion; HSCEI ETF-R short selling ratio 12.7%, short selling amount HKD 1.69 billion; Alibaba-W short selling ratio 15.4%, short selling amount HKD 1.67 billion

AASTOCKS

CSOP HS TECH

Alibaba

HSCEI ETF-R

TRACKER FUND

The total short selling in the Hong Kong stock market for the day was HKD 45.73 billion, accounting for 20.3% of the turnover of shortable stocks

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On February 13th, the Hong Kong stock market collectively adjusted, with the Hang Seng Index falling 1.72%, breaking below short-term highs. The internet and retail sectors experienced widespread declines, influenced by the macro environment and intensified competition, with heavyweight stocks like Meituan and Alibaba weakening. The restaurant sector showed mixed performance, with Haidilao rising against the trend due to recovery expectations. In terms of individual stocks, Yingda Real Estate surged over 39% on expectations of profits from asset sales. The market has entered a short-term consolidation period, with funds focusing on liquidity changes and policy directions

- On February 13, Hong Kong stocks declined collectively after reaching a short-term high, with the Hang Seng Index falling 1.72% to 26,567.12 points. 
- The retail sector suffered due to intense price competition and weak consumer sentiment, impacting major players like Alibaba and JD.com. 
- Amid mixed macroeconomic signals, investors are advised to consider defensive opportunities in high-dividend and policy-benefited sectors.

Market Heartbeat

TENCENT

KUAISHOU-W

BIDU-SW

BABA-W

JD-SW

MNSO

HAIDILAO

YUM CHINA

AFFLUENT FDN

Hong Kong Stock Market Closing | Hang Seng Index fell 1.72%, Meituan dropped 3.18% leading the blue chips, Yingda Real Estate surged 39% on positive news

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BABX

KBAB

The Hang Seng Index closed at 26,567 points, down 465 points or 1.7%. The Hang Seng Tech Index reported 5,360 points, down 48 points or 0.9%. The total market turnover was HKD 257.578 billion. Meituan fell over 3%, while major stocks such as Ping An, Hong Kong Exchanges and Clearing, and Alibaba also declined. WH Group, New World Development, and TIANGONG INT'L reached new highs with active trading

TIANGONG INT'L

BABA 2x Long Daily ETF - GraniteShares

KraneShares 2x Long BABA Daily ETF

According to the Hong Kong Daily News, the Hang Seng Index fell by 465 points; the Hang Seng Tech Index dropped by 48 points. Meituan fell by over 3%. WH Group, Sun Hung Kai Properties, TIANGONG INT'L, Minmetals Development, and China Overseas Grand Oceans reached new highs with active trading

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On February 13th, the Hong Kong stock market showed weak sentiment, with all three major indices declining collectively. The Hang Seng Index fell 1.86% during the session and failed to hold its high position, while the Hang Seng TECH Index dropped 1.31%. Under the dual pressure of cooling expectations for a Federal Reserve interest rate cut and intensified industry competition, technology and consumer heavyweight stocks experienced widespread declines. Meituan fell over 3% due to market concerns about a new round of price wars, with Baidu, Alibaba, and others following suit in their corrections. Market risk aversion increased, with funds waiting for the core data at the end of the month to validate the recovery's strength. In terms of individual stocks, the new stock HAIZHI TECH GP surged over 224%, becoming the biggest highlight of the session

- As of February 13, 2026, Hong Kong's stock indices faced downward pressure, with the Hang Seng Index dropping 1.86% to 26,529.94 points amid weakening buying momentum.  
- The technology and retail sectors experienced declines due to concerns over competition and market dynamics, with companies like Tencent and Alibaba seeing significant decreases in share prices.  
- Investors remain cautious, awaiting crucial data later in the month to gauge economic recovery signals and their impact on major sectors.

HAIZHI TECH GP

INNOVENT BIO

Hang Seng TECH Index

Hong Kong stock market intraday | The Hang Seng Index fell 1.86% under pressure, technology stocks broadly declined, Meituan dropped 3.48%, and the new stock HAIZHI TECH GP surged 224%

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The short selling amount in the Hong Kong stock market reached HKD 20.27 billion in the first half of the day, accounting for 19.3% of the turnover of shortable shares. The main shorted stocks include TRACKER FUND, Meituan-W, CSOP HS TECH, XIAOMI-W, and Alibaba-W, with short selling ratios of 33.7%, 30.6%, 28.8%, 38.2%, and 11.7%, respectively

Tianhong Hang Seng TECH ETF(QDII)

Hwabao CSI HK Equities Internet ETF

ChinaAMC Hang Seng Technology ETF(QDII)

XIAOMI-W

Dacheng Hang Seng Technology ETF(QDII)

Hang Seng TECH ETF I

Xiaomi Corporation

E Fund CSI HK Connect Internet ETF

AXA SPDB CSI Hugangshen Game and Culture Media ETF

China Southern Hang Seng ETF

Krne Csi China Internet

Huatai-PB CSOP Hang Seng Technology ETF(QDII)

ChinaAMC Hang Seng ETF

ALI HEALTH

The short selling in Hong Kong stocks for half a day amounted to HKD 20.27 billion, accounting for 19.3% of the total turnover of shortable shares

STECH

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The Hang Seng Index opened 392 points lower this morning, with a maximum drop of 494 points, closing at 26,548 points, down 484 points or 1.79%. The turnover was HKD 128.406 billion. The Tech Index fell 89 points or 1.65%. Meituan dropped 4.53%, and Zijin Mining fell 5.19%. HAIZHI TECH GP debuted today, closing at HKD 89.1, up 229.2% from the listing price. The three major U.S. stock indices fell sharply, with technology stocks generally declining, and major stocks like Apple and Cisco performing poorly

- The Hang Seng Index opened down 392 points, closing at 26,548 points, a drop of 484 points or 1.79%, with a turnover of HK$128.4 billion.  
- Major tech stocks faced heavy selling pressure, with Meituan down 4.53% and Alibaba down 2.27%.  
- In the U.S. market, all three major indices fell sharply, influenced by declining technology stocks and concerns over AI's impact on traditional industries.

ISHARESHSTECH

The Hang Seng Index fell 484 points in the half-day session, Meituan dropped 4.5%, Zijin Mining fell by 5%, and Haizhi Tech GP rose by 229%｜Hong Kong stock market opens

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On February 13th, the three major indices of Hong Kong stocks collectively weakened in the morning session, with the Hang Seng Index falling by 1.79% and the Hang Seng TECH Index dropping by 1.65%. Affected by regulatory interviews and profit-taking pressure, technology stocks fell across the board, with MEITUAN down 4.54%, Baidu down 3.78%, and JD.com down 3.04%. Although Tencent continued to attract attention from southbound funds, its stock price still adjusted down by 1.68%. Individual stocks showed divergence, with AI concept stock Zhipu surging over 28% against the trend, and catering leader Haidilao rising by 2.22%. Market risk aversion sentiment is rising, entering a phase of digestion and consolidation in the short term

- On February 13, Hong Kong's three major indices fell after a recent high, indicating profit-taking pressure amid heightened risk aversion.  
- The Hang Seng Index closed at 26,548.41 points, dropping 1.79%, with the technology and retail sectors, including Tencent and Alibaba, showing significant declines due to regulatory concerns.  
- Market focus is shifting to external liquidity and mainland economic recovery, as the upcoming macro data release is anticipated to influence market direction.

KNOWLEDGE ATLAS

Tencent Holdings Limited

Tencent

CAM HS TECH

HSTECH ETF

FL2 CSOP HSI

Baidu

FI2 CSOP HSI

Hong Kong Stock Midday Review | The Hang Seng Index fell 1.79%, tech stocks collectively declined, while AI concept stock Zhipu surged over 28% against the trend

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The Hang Seng Index closed at 26,547 points, down 484 points or 1.8%. The Hang Seng TECH Index reported 5,319 points, down 89 points or 1.6%. MEITUAN fell over 4%, while major stocks such as Ping An, Alibaba, Hong Kong Stock Exchange, and Tencent all experienced varying degrees of decline. CLP HOLDINGS reached a new high, closing at HKD 77.05, up 0.2%

CLP HOLDINGS

The Half-Day Report: Hang Seng Index down 484 points; Hang Seng TECH Index down 89 points. MEITUAN down over 4%. CLP HOLDINGS, Tian Gong International, Minth Group, and China Overseas Macro Innovation hit new highs

Moody's confirmed Meituan's "Baa1" credit rating and downgraded the outlook to "negative," reflecting increased uncertainty in the recovery of the food delivery business due to intensified competition. Moody's expects Meituan's total revenue to grow at an annual rate of approximately 10% over the next 12 to 18 months, but due to increased market competition, it anticipates that the adjusted EBITDA profit margin will remain low, gradually recovering to 5% to 6%

Moody's confirms MEITUAN's "Baa1" credit rating, outlook downgraded to "negative"

The three major indices of the Hong Kong stock market were all under pressure today, with the Hang Seng Index falling 1.52%, the Hang Seng Tech Index dropping 1.24%, as the market faced profit-taking after reaching a peak. The technology, internet, and retail sectors generally weakened, with heavyweight stocks Tencent Holdings down 1.77%, Alibaba down 2.21%, and Meituan down 3.30%. The restaurant sector showed mixed performance, with Haidilao rising 1.56% against the trend. In terms of individual stocks, Aisinyuan Intelligence surged 13.68% on its first day of listing, while Starry Chain Group experienced significant volatility due to name change expectations. Investors are closely monitoring upcoming CPI and GDP data to assess the economic recovery process

- The Hong Kong stock market showed declines today, with major indexes experiencing profit-taking after yesterday's highs.  
- The Hang Seng Index fell by 1.52% to 26,622.96 points, while tech and retail sectors suffered due to cautious consumer recovery expectations.  
- Market participants are focused on forthcoming economic data, including CPI and GDP, to assess recovery resilience, as trading activity indicates strategic movements towards certain sectors.

AXERA

LONGCHEER

Hong Kong stock market intraday | The Hang Seng Index fell 1.52%, technology weighted stocks broadly declined, Meituan fell 3.30%, and Aisino surged 13.68%

On the eve of the Spring Festival, many local market supervision departments issued compliance guidelines for food delivery, requiring delivery platforms to stop low-quality and low-price "involution" competition, prohibiting malicious subsidies and predatory pricing, in order to maintain the order and stability of the food delivery market during the Spring Festival

Wallstreetcn

Multiple regions issued documents before the festival requiring food delivery platforms to stop "involution-style" competition: they must not continue to subsidize with market share growth as the highest goal

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According to the Hong Kong Stock Connect data, Tencent had a net inflow of HKD 1.429 billion, Xiaomi Group had a net inflow of HKD 1.02 billion, and MEITUAN had a net inflow of HKD 985 million. In terms of net outflows, POP MART saw an outflow of HKD 301 million, Changfei had an outflow of HKD 75.36 million, and Alibaba had an outflow of HKD 10.41 million. The total net outflow for the day was HKD 0, with a total transaction amount of HKD 94.777 billion, accounting for 39.70% of the total market transaction amount

POP MART

Net inflow of HKD 1.429 billion for Tencent through Stock Connect

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KNOWLEDGE ATLAS(02513) rose 28.68%, with a trading turnover 2.6 Billion HKD, and a year-to-date rose 246%. GIGADEVICE(03986) rose 20.95%, with a trading turnover 1.1 Billion HKD, and a year-to-date rose 121%. BUD APAC(01876) fell 5.21%, with a trading turnover 245.6 Million HKD, and a year-to-date rose 3.2%. LENOVO GROUP(00992) fell 4.56%, with a trading turnover 2.3 Billion HKD, and a year-to-date fell 2.8%.

Top Gainers & Losers

GIGADEVICE

MINIMAX-WP

DONGFANG ELEC

SENSETIME-W

BUD APAC

LENOVO GROUP

NTES-S

TRIP.COM-S

Top 5 HK Stock Gainers/Losers (>100B) (2.12)

On February 12th, the three major indices of the Hong Kong stock market collectively adjusted, with the Hang Seng Index falling 0.86% to 27,032.54 points, and the Hang Seng TECH Index dropping 1.65%. In terms of sectors, internet and restaurant stocks generally declined, with Meituan falling 4.5%, and Tencent and Baidu both moving lower; SenseTime surged 6.77% against the trend due to capital inflow, and Zijin Mining rose 3.45%. Investors are closely monitoring liquidity indicators such as M3 and foreign exchange reserves, and market sentiment is becoming cautious

- On February 12, Hong Kong stocks closed lower after recent highs, with the Hang Seng Index down 0.86% at 27,032.54 points.  
- Major sectors like internet content and restaurants faced significant declines, illustrating investor caution amid recovery challenges in consumption.  
- The market is focused on macro liquidity and economic recovery indicators, particularly retail sales and unemployment rates, to gauge future economic prospects.

ILUVATAR COREX

HUAYUEXPRESSWAY

BOER POWER

FI2CAMNDQ100

FI CSOP HSI

Hong Kong Stock Market Closing | Hang Seng Index fell 0.86%, losing high ground, Meituan plummeted 4.5% leading the decline in technology and dining sectors, SenseTime surged 6.77% against the trend

Just bought my first Hong Kong stock, Meituan, through Stock Connect.I think Wang Xing is a tough guy who won't be knocked down.Finally got to experience Stock Connect.The overall operation was okay.Still figuring it out.Not investment advice!

MEITUAN-WR

Meituan HK SDR 5to1

Today’s Key News Recap

Feb 6 | Dolphin Research focus: 🐬 Stock 1, $BABA-W(09988.HK) Alibaba's Qwen app launched a 'Spring Festival RMB 3bn free-order' campaign today. The first wave centers on AI one-line prompts to order milk tea for free.Notably, WeChat further blocked today the promo passwords for red-envelope campaigns run by both Alibaba Qwen and Tencent Yuanbao. As a result, those keywords can no longer be copied or recognized in private or group chats.The move aims to protect WeChat's platform ecosystem and curb over-marketing that disrupts user experience. It also helps defend its social-traffic moat...

TENCENT-R

BABA-WR

Amazon

Roblox

LI AUTO-W

Li Auto

DingDong

XPENG-W

XPeng

NIO-SW

NIO Inc. USD OV

Alibaba HK SDR 5to1

Tencent HK SDR 10to1

Alibaba Qwen's Lunar New Year free-order promo was blocked by WeChat; Nio surged after its first-ever quarterly profit | Daily News Recap

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It is terrible that silver's entire gains are wiped out. Where did the money go to?

Featured

I’m surprised to hear about the threat to $Novo Nordisk AS(NVO.US). I thought their drug would be protected by patents.

Dacai

Amzn down 10% is not a surprise with all other tech companies also falling greatly after announcing more than expected capex for 2026. US traders taking profits before tax season, people panic selling, institutions force selling to drive down the prices are what's causing this dip in the stock market. Eventually, these institutions will also be the ones buying the bottom and driving the rally once more. Investors just sit tight and dca into the stocks they have conviction and wait out.

Grab

NewUser_CkrdqW 

Metals &amp; AMZN crash on a wild Friday. A $717M deal and Nio's profit surprise inside. Share your view &amp; earn Task Coins!

🔥 Market Snapshot:  Metals Crash, AMZN Plunge & $717M Deal | Feb 6, 2026

UB#MTUANRP2808B(67792.HK)

The Hang Seng Index fell by 465 points, Meituan dropped sharply by 3%, and Zijin Mining declined by 8%. Experts expect the market to be weak in the first half of the day before the holiday｜Hong Kong stock market closing

The total short selling in the Hong Kong stock market for the day was HKD 45.73 billion, accounting for 20.3% of the turnover of shortable stocks

Hong Kong Stock Market Closing | Hang Seng Index fell 1.72%, Meituan dropped 3.18% leading the blue chips, Yingda Real Estate surged 39% on positive news

According to the Hong Kong Daily News, the Hang Seng Index fell by 465 points; the Hang Seng Tech Index dropped by 48 points. Meituan fell by over 3%. WH Group, Sun Hung Kai Properties, TIANGONG INT'L, Minmetals Development, and China Overseas Grand Oceans reached new highs with active trading

Hong Kong stock market intraday | The Hang Seng Index fell 1.86% under pressure, technology stocks broadly declined, Meituan dropped 3.48%, and the new stock HAIZHI TECH GP surged 224%