On June 16, Meituan-W declined 3.07% in regular trading, trading at 75.85 HKD/share, with turnover of approximately 220 million HKD.

On the news front, recent market reports indicated shareholder selling activity in Meituan shares, compounding pressure from an increasingly competitive food delivery landscape. Southbound capital has been a persistent net seller over recent weeks, with cumulative net reduction of approximately 58.4 million shares over the past 20 trading days, reflecting sustained institutional outflows. Meanwhile, competitors have reportedly deployed significant subsidies in flash delivery services to capture market share, pressuring Meituan's order volume and compressing profit margins.

The broader competitive backdrop remains challenging. While the subsidy war that peaked in late 2025 has moderated somewhat, analysts estimate Meituan's long-term food delivery market share could decline from 75% to approximately 50%, with per-order profit potentially falling from 1.5 RMB to 0.8 RMB. Management has noted that Q2 unit economics should improve under more rational competition, though H2 recovery pace remains contingent on the external competitive environment.

(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.)