Meituan proposes yuan notes for professionals. Meituan stock trades at EUR 8.46
Published on 10/26/2026 at 15:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSNotes plan and reporting date
- Meituan proposed an international yuan note offering for professional investors on October 26, 2026.
- Moody's assigned a Baa1 senior unsecured rating to the proposed notes on October 26, 2026.
- Meituan stock costs EUR 8.46 at Lang & Schwarz on October 26, 2026 at 3:31 p.m. CEST.
- Meituan is scheduled to report third-quarter 2026 earnings on November 27, 2026.
Meituan proposed an international offering of yuan-denominated senior notes exclusively for professional investors on October 26, 2026, according to Futu. The company said the proceeds would primarily refinance existing offshore debt and support general corporate purposes. Meituan stock was trading at EUR 8.46 at Lang & Schwarz on October 26, 2026 at 3:31 p.m. CEST.
Bond terms remain open
The proposed issue has no disclosed principal amount, interest rate or payment schedule yet, and completion remains subject to market conditions and investor interest, Futu reported on October 26, 2026. The financing therefore provides a corporate funding update rather than a quantified debt transaction.
What does the rating add?
Moody's Ratings assigned the proposed notes a Baa1 senior unsecured rating on October 26, 2026. The agency said the issuance would strengthen liquidity and financial flexibility, while the proceeds are earmarked mainly for refinancing and general corporate purposes.
Results and stock position
Meituan's second-quarter 2026 revenue rose 14.40 percent year over year to CNY 104.60 billion, while net income reached CNY 2.15 billion, up 490.00 percent from CNY 365.00 million, according to RecursiveGains on October 21, 2026. The company is scheduled to report third-quarter 2026 earnings on November 27, 2026, according to Barron's.
Range keeps the broader picture visible
On the Hong Kong Stock Exchange, Meituan's 52-week range was HKD 63.65 to HKD 108.00 on October 26, 2026. The stock's year-to-date performance stood at minus 28.32 percent, with volume of 37,277,956 shares and market value of HKD 442.5 billion.
Peer valuation remains mixed
Alibaba Group (Hong Kong Stock Exchange, HKD): plus 0.15 percent, P/E 22.43, market capitalization HKD 1.9 trillion.
JD.com (Hong Kong Stock Exchange, HKD): minus 0.60 percent, P/E 16.53, market capitalization HKD 239.5 billion.
Funding is the immediate variable
The proposed notes add a refinancing tool while the November reporting date creates the next scheduled company event. Meituan's second-quarter return to profit gives that date a concrete operating benchmark.
Meituan was trading at EUR 8.46 at Lang & Schwarz on October 26, 2026 at 3:31 p.m. CEST.
The further course of trading is shown by the continuously updated real-time quote of Meituan stock.
Meituan stock key data
- Company: Meituan
- ISIN: KYG596691041
- Ticker: 3690
- Primary exchange: Hong Kong Stock Exchange
- Price Lang & Schwarz (as of October 26, 2026, 3:31 p.m. CEST): EUR 8.46
- Market capitalization: HKD 442.5 billion (as of October 26, 2026)
- 52-week range: HKD 63.65-108.00 (as of October 26, 2026)
- Sector / Industry: Internet Services
- Next earnings date: November 27, 2026
Market context: Latest market reports.
