Meituan  HKG:3690 – Hong Kong Blue Chip stock
1 min read

Meituan HKG:3690 – Hong Kong Blue Chip stock

Blue Chip Stock Meituan HKG:3690 Meituan 3690.HK , formerly Meituan Dianping, is a China-based e-commerce platform providing life services. The Company connects consumers and businesses to provide services satisfying people’s daily eating needs. The Company owns an instant food ordering and delivery brand, Meituan, as well as provides services through its mobile application, Meituan. The Company is also engaged in the operation of a bike-sharing brand, Mobike.

Updated: February 28, 2024

Ex Dividend: No Dividend

Quick glance,

  • Price-to-earnings (P/E ratio): 58.74
  • Price-to-Book ratio : 3.35 preferably <1 although some value investors like it till <3
  • Earnings per Share (EPS): 1.39
  • BETA: 1.20

A Beta greater than 1.0 might indicate that the stock is more volatile than the market. A Beta less than 1.0 indicates a stock with lower volatility.

The Hong Kong Blue Chips are an inspiring bunch of stocks that define Hong Kong’s  finest companies.

Champion members, please go to the members area and see the Blue Chip file that specifies undervalued stocks. There is one other file of companies that are Blue Chip Value companies AND have a dividend growth strategy in place. Those files make it easier for you and your financial team to sort out your next opportunity.

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