On August 12, MEITUAN-W fell 3.17% in regular trading, trading at 89.85 HKD/share, with turnover of 926 million HKD.

The Internet & Direct Marketing Retail sector where MEITUAN-W belongs saw broad-based selling pressure. Among individual stocks, BABA-W down 3.32%, JD-SW down 2.53%, ALI HEALTH down 1.91%, JD HEALTH down 1.37%, PA GOODDOCTOR down 0.97%.

On the news front, MEITUAN-W's subsidiary Shanghai Hantao completed its stake reduction plan in Light Media on August 10, selling approximately 51.91 million shares over three months and cashing out roughly 638 million RMB. Following the disposal, Shanghai Hantao's holding dropped to 4.23%, formally exiting the ranks of major shareholders holding above 5%. The divestment follows a similar reduction by Alibaba, signaling a broader trend of tech platforms trimming non-core media investments.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)