On June 1, Meituan-W rose 3.2% in regular trading, trading at HK$75.65/share, with trading volume of HK$1.053 billion. The stock gained momentum ahead of its Q1 earnings release scheduled for today after market close, supported by institutional bullish sentiment.

On the news front, Morgan Stanley maintained its Overweight rating on Meituan, citing a clear profitability roadmap. The bank expects the food delivery business to achieve positive unit economics of RMB 1 per order starting next year, while the in-store, hotel, and travel segment operating margin is projected to gradually recover from the current 25% to 30% by 2030. Market consensus forecasts Q1 revenue growth of 6.72% year-over-year to RMB 91.136 billion, driven by dual contributions from order volume and average ticket size. Brokerages estimate net losses could narrow approximately 50% quarter-over-quarter, prompting pre-earnings positioning. Institutional sentiment is notably skewed toward buy ratings, with bullish views significantly outnumbering bearish ones, reinforcing confidence in a post-selloff recovery amid Meituan's competitive moat in instant retail and autonomous delivery.

(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.)