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

Market Focus

Jul 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.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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