Meituan (3690.HK) listed in Hong Kong in September 2018 at HK$69 per share. This article shows what HK$10,000 invested at IPO or 1, 3, or 5 years ago would be worth today, using live historical data.
Food delivery, in-store dining, hotel and travel bookings, Instashopping instant retail, and Keeta overseas delivery.
A 2021 pandemic peak above HK$400, followed by antitrust penalties, rider-welfare rules, Douyin competition and subsidy wars.
Subsidy competition from Alibaba and JD.com, Douyin in local services, labour regulation, Keeta losses and weak Chinese consumption.