Meituan’s Worst-to-First Stock Rally Has Street Looking for More
After pulling an about-face to become one of the best-performing technology stocks in China this year, Meituan may be primed for further gains on easing competition and improving profitability. Analysts see shares of China’s top food-delivery platform rising another 19% over the next year, on projections for record earnings. Cost cuts are helping Meituan boost … Read more