MEITUAN Aktie

 

As China attempts to move beyond using domestic chips solely for model inference, food delivery giant Meituan has released what it claims is the country's first trillion-parameter artificial intelligence model trained entirely on home-grown hardware. The Beijing-based on-demand service giant on Tuesday open-sourced LongCat-2.0, a new large language model (LLM) boasting 1.6 trillion parameters and a context window of 1 million tokens. The scale puts it on par with DeepSeek's latest flagship......

At midday close, HSI dropped 273 pts or 1.2% to 22,752. HSTI rose 61 pts or 1.4% to 4,454. HSCEI fell 98 pts or 1.3% to 7,507.Active Heavyweights:CCB (00939.HK) closed at $7.99, down 3%XIAOMI (01810.HK) closed at $21.54, down 1.5%BABA (09988.HK) closed at $92.35, down 0.7%MEITUAN (03690.HK) closed at $67.95, up 0.4%TENCENT (0070......

MEITUAN-W (03690.HK) launched the new-generation foundation model LongCat-2.0, the industry's first trillion-parameter large model to complete the entire training and inference process using domestically developed computing power, with total parameters reaching 1.6 trillion.The testing version of the large model has ranked a......

MEITUAN-W (03690.HK) announced that yesterday (29th) it repurchased 1.4627 million shares of the company at prices ranging from HKD66.5 to HKD69 per share, involving HKD99.7718 million.Since the repurchase mandate resolution was approved, the Group has cumulatively repurchased 1.4627 million shares, representing 0.024% of its is......

At close, HSI rose 354 pts or 1.6% to 23,026. HSTI rose 137 pts or 3.2% to 4,393. HSCEI gained 144 pts or 1.9% to 7,605. Market turnover reached $315.38 billion.Active Heavyweights:MEITUAN (03690.HK) closed at $67.65, up 5.3%BABA (09988.HK) closed at $93, up 3.9%XIAOMI (01810.HK) closed at $21.86, up 2.1%TENCENT (00700.HK) close......

Hong Kong stocks arrested their recent days of weakness on index futures settlement day, with the HSI rebounding from a more than one-year trough. The index opened up 155 pts this morning (29th), extended gains in early trading and reclaimed the 23,000 level. At midday, the HSI closed at 23,153, up 482 pts or 2.13%, with turnove......

At midday close, HSI rose 482 pts or 2.1% to 23,153. HSTI rose 156 pts or 3.7% to 4,412. HSCEI gained 209 pts or 2.8% to 7,670.Active Heavyweights:MEITUAN (03690.HK) closed at $69.05, up 7.5%BABA (09988.HK) closed at $95, up 6.1%TENCENT (00700.HK) closed at $428.2, up 4%XIAOMI (01810.HK) closed at $22.14, up 3.4%HSI & HSCEI Cons......

When a friend checked in on a Meituan employee late last month to see if he had survived the latest round of corporate culling at the food delivery giant, he responded drily: “I don't know whether it will be me next.” Anxieties were running high at the company then, after chat screenshots circulated on Chinese social media claiming Meituan planned to slash up to half of its product roles by the end of June, coupled with deep cuts to other departments. While Meituan quickly denied the rumours,......

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While MEITUAN-W (03690.HK) held its AGM, Wang Xing, co-founder, CEO and Chairman of the company, stated that he has not personally sold any shares of MEITUAN-W since the company’s inception. He emphasized that he has no plan to reduce his holdings, noting that he only donated 10% of his personal shareholding in 2021 for ch......

At the AGM, Wang Xing, Chief Executive Officer of MEITUAN-W (03690.HK), said the company’s share price performance over the past few years had been unsatisfactory and he feels a strong sense of responsibility for this, according to China Business Network. Apart from actively improving operations, he also called on the enti......

At midday close, HSI dropped 432 pts or 1.9% to 22,644. HSTI dropped 146 pts or 3.3% to 4,259. HSCEI fell 158 pts or 2.1% to 7,450.Active Heavyweights:BABA (09988.HK) closed at $90.45, down 4.8%XIAOMI (01810.HK) closed at $21.52, down 3.5%TENCENT (00700.HK) closed at $413.6, down 1.9%MEITUAN (03690.HK) closed at $65.85, down 0.4......

The iShares China Large-Cap ETF (NYSEARCA:FXI) is the default way most U.S. investors play China's AI trade. FXI holds the country's biggest tech names, Alibaba, Tencent, Baidu, Meituan, and JD, which is exactly what investors want when they bet that China's hyperscalers will mirror the U.S. AI capex cycle. The case for owning FXI has ... Forget FXI. The South Korea Fund Beating China's AI Trade Charges 19% Less...

At close, HSI dropped 335 pts or 1.4% to 23,076. HSTI dropped 73 pts or 1.6% to 4,405. HSCEI fell 156 pts or 2.0% to 7,608. Market turnover reached $325.78 billion.Active Heavyweights:BABA (09988.HK) closed at $95, down 4.4%XIAOMI (01810.HK) closed at $22.3, down 2.9%MEITUAN (03690.HK) closed at $66.1, down 2.4%TENCENT (00700.HK......

At midday close, HSI dropped 321 pts or 1.4% to 23,090. HSTI dropped 74 pts or 1.7% to 4,404. HSCEI fell 145 pts or 1.9% to 7,619.Active Heavyweights:BABA (09988.HK) closed at $95.2, down 4.2%XIAOMI (01810.HK) closed at $22.14, down 3.6%MEITUAN (03690.HK) closed at $66.65, down 1.6%TENCENT (00700.HK) closed at $423.4, down 1.3%H......

MEITUAN-W (03690.HK) Vice President, and General Manager of the Dianping Business Unit, Tao Xuexuan, recently stated that Dianping’s stance on AI-generated reviews is very clear: it opposes and resists them, as AI reviews should not appear on community bulletin boards. AI may produce well-crafted wording, but it has not ac......

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At close, HSI rose 75 pts or 0.3% to 23,412. HSTI rose 79 pts or 1.8% to 4,479. HSCEI gained 5 pts or 0.1% to 7,764. Market turnover reached $322.92 billion.Active Heavyweights:TENCENT (00700.HK) closed at $428.8, up 3.4%MEITUAN (03690.HK) closed at $67.75, down 2.7%CCB (00939.HK) closed at $8.49, down 1.6%XIAOMI (01810.HK) clos......

MEITUAN-W (03690.HK) Vice President and General Manager of the Dianping Business Unit, Tao Xuexuan, delivered a keynote speech titled "Illuminating a Better Life with Genuine Glimmers". She noted that since its launch in 2017, the Dianping Must-Eat List has expanded to cover 264 cities and regions worldwide, with 4,279......

At midday close, HSI rose 8 pts or 0.0% to 23,344. HSTI rose 58 pts or 1.3% to 4,458. HSCEI fell 9 pts or 0.1% to 7,749.Active Heavyweights:MEITUAN (03690.HK) closed at $68.65, down 1.4%TENCENT (00700.HK) closed at $419, up 1%HKEX (00388.HK) closed at $368.4, down 0.7%XIAOMI (01810.HK) closed at $22.5, down 0.5%BABA (09988.HK) c......