Investor optimism about Meituan's growth prospects has propelled its shares. The company's Hong Kong-listed stock rose 85% in 2024 and is up more than 10% so far this year, though it remains far from ...

Beijing's criticism of Hong Kong conglomerate CK Hutchison's move to sell its ports business is a precursor to heightened political scrutiny of other major Chinese business divestments involving ...

Chinese food-delivery giant Meituan reported a near tripling of fourth-quarter profit as revenue jumped, continuing its run of strong earnings even as it faces fierce competition and a weaker Chinese ...