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nominates Stephen Yiu as independent director to replace Orr Gordon Halyburton","url":"https://stock-news.laohu8.com/highlight/detail?id=2640155097","media":"Reuters","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2640155097?lang=en_us&edition=fundamental","pubTime":"2026-06-04 17:33","pubTimestamp":1780565618,"startTime":"0","endTime":"0","summary":"Meituan nominated Stephen Yiu Kin Wah for election as an independent non-executive director at its next AGM.Yiu would replace Orr Gordon Robert Halyburton, who will step down from the board at the AGM.Yiu is chairman of the Hong Kong Insurance Authority, former KPMG China and Hong Kong chairman and CEO.If elected, Yiu will become audit committee member and chair from the AGM’s conclusion.Marjorie Yang Mun Tak will join the corporate governance committee from the AGM’s conclusion.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Meituan published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange  , on June 04, 2026, and is solely responsible for the 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Delivery Arm Bleeds Red, But Its Investment Portfolio Shines with AI Windfalls","url":"https://stock-news.laohu8.com/highlight/detail?id=1198634197","media":"Deep News","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1198634197?lang=en_us&edition=fundamental","pubTime":"2026-06-03 20:03","pubTimestamp":1780488227,"startTime":"0","endTime":"0","summary":"Meituan released its first-quarter results on the evening of June 1st, and as anticipated, the company reported a loss. The financial report shows first-quarter revenue of 91.04 billion yuan and 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The report shows the company achieved revenue of 91 billion yuan for the quarter, representing a year-on-year increase 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Stock Slides 6.0% in Hong Kong","url":"https://stock-news.laohu8.com/highlight/detail?id=2640097220","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2640097220?lang=en_us&edition=fundamental","pubTime":"2026-06-03 16:31","pubTimestamp":1780475460,"startTime":"0","endTime":"0","summary":"This article was automatically generated by Dow Jones using technology from Automated Insights.Shares of Meituan shed 6.0% to 80.40 Hong Kong dollars on what proved to be an all-around grim trading session for the Hong Kong stock market, with the Hang Seng Index falling 1.6% to 25633.21.The stock's fall snapped a three-day winning streak.Meituan closed 46% below its 52-week high of HK$149.80, which the company reached June 9.Trading volume totaled 83.9 million shares, compared to the 50-day average of 52.4 million 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Inflection Point in Sight -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2640735619","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2640735619?lang=en_us&edition=fundamental","pubTime":"2026-06-03 11:51","pubTimestamp":1780458660,"startTime":"0","endTime":"0","summary":"0351 GMT - Meituan's core local commerce segment could stage an earnings turnaround in 2Q, spurred by reduced losses in the food-delivery business, DBS Group Research analysts say in a note. \"The subsidy-driven competitive pressure is easing materially,\" as indicated by the sharp sequential narrowing in the segment's 1Q operating loss, they write. The Chinese shopping-and-delivery platform also stands to gain from improved margins as key competitors reduce subsidies and redirect resources away from food delivery. DBS raises its 2026 and 2027 earnings forecasts for the company by 4% and 6%, respectively, and lifts the target price to HK$125 from HK$119, with a buy rating. Shares fall 6.1% to HK$80.30 after Tuesday's 9.3% advance following better-than-expected results. 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The firm's target price for the shares has also been increased from 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