Movement Alert|MEITUAN-W Rises 3.1% in Regular Trading, AI Agent Platform CatPaw and Xiaotuan Assistant Upgrade Continue to Drive Momentum

Market Focus
07/29

On July 29, MEITUAN-W rose 3.1% in regular trading, trading at 92.95 HKD/share, with turnover of 22.49 billion HKD. The stock extended gains for a third consecutive session as AI product catalysts continued to attract buying interest.

On the news front, MEITUAN recently launched its full-scenario AI Agent platform CatPaw, offering enterprise-grade Agent development and hosting capabilities. The platform has already been deployed internally, covering 90,000 employees with over 30,000 Agents built, and has been validated across multiple real business scenarios including catering and beauty services. Simultaneously, the company's local life AI-native assistant Xiaotuan received a comprehensive upgrade, adding agent execution capabilities that enable users to complete orders, hail rides, and make reservations. The service now covers over 2,800 cities nationwide with more than 1.3 billion user reviews collected.

Additionally, MEITUAN denied rumors of LongCat team foundational model lead departing, stabilizing market expectations regarding its AI R&D team continuity.

(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.)

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