Will Meituan stock price drop?

Yes. The Meituan stock price may drop from 131.300 HKD to 80.027 HKD . The change will be -39.0499 %. Will 3690 stock price grow / rise / go up?

Who is Meituan's largest shareholder?

Internet giant Tencent ( OTCPK:TCEHY) ( OTCPK:TCTZF) [700:HK] is Meituan's largest shareholder with a 20% stake. The company is the largest food delivery services company in China, but it has diversified beyond its core business.

Will Tencent give Meituan shares to its shareholders?

Tencent has vowed to give its shareholders $20.3bn (£17.4bn) worth of shares in Chinese food delivery firm Meituan as it seeks to reduce its holdings in China’s tech sector.

What is Meituan?

Meituan is a one-stop platform for food, transportation, travel, shopping and entertainment. The value we create serves not only to help everyone eat better, but also to improve their lifestyles, helping them to live and travel better. Eating better is a need that we all have, and Meituan’s primary goal is to help society realize this need.