This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Meituan dropped 0.8% to 72.25 Hong Kong dollars on what proved to be an all-around poor trading session for the Hong Kong stock market, with the Hang Seng Index falling 0.3% to 24761.13.
This was the stock's third consecutive day of losses.
Meituan closed 33% short of its 52-week high of HK$108.00, which the company reached Jan. 6.
Trading volume totaled 17.5 million shares, compared to the 50-day average of 42.2 million shares.
Data source: Dow Jones Market Data, FactSet