Meituan stock: Meituan weighs yuan bond sale. 38 analysts target CNY 94.52 for Meituan stock

Published on 10/22/2026 at 15:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Meituan serves over eight million merchants, management said on August 28, 2026. Meituan stock costs EUR 8.12 on October 22, 2026 at Lang & Schwarz, while Hong Kong closed at HKD 71.30.

Bond plan and market context

MarketScreener reported Meituan's bond-sale consideration on October 21, 2026.
Meituan management said on August 28, 2026 that the platform served over eight million merchants.
Meituan stock costs EUR 8.12 at Lang & Schwarz on October 22, 2026 at 3:09 p.m. CEST.
Meituan's market capitalization was HKD 440.1 billion on October 22, 2026.

Meituan, KYG596691041, Illustration mit AI erstellt.

Meituan is considering a second offshore yuan bond sale, according to MarketScreener on October 21, 2026. The development gives investors a fresh financing issue to weigh alongside the company's recovery in the second quarter. Meituan was trading at EUR 8.12 at Lang & Schwarz on October 22, 2026 at 3:09 p.m. CEST.

Operations are scaling beyond delivery

Meituan's management said in the August 28, 2026 earnings call that the platform served more than eight million merchants across over 200 categories. The company also said Xiaoxiang Supermarket operated in 68 cities and that Happy Monkey had 40 stores as of the second quarter of 2026. Those figures show how the platform is extending its retail infrastructure beyond food delivery.

Profit recovery still carries a caveat

In the second quarter of 2026, total revenue rose 14.4 percent year over year to RMB 104.6 billion, while adjusted net profit reached RMB 2.5 billion. The figures were discussed by management in the earnings call carried by Yahoo Finance on August 28, 2026. New Initiatives revenue grew 25 percent year over year to RMB 33.1 billion, but the segment still posted an operating loss of RMB 1.7 billion.

For the market frame, Meituan's Hong Kong quote stood at HKD 71.30 on October 22, 2026 at 4:08 p.m. HKT, compared with HKD 74.70 at the prior close. Its 52-week range was HKD 63.65 to HKD 108.00, and the market capitalization was HKD 440.1 billion. The price-to-earnings ratio was negative 9.65.

Peer valuations show a mixed backdrop

Alibaba Group closed at HKD 97.35 on October 22, 2026, with a price-to-earnings ratio of 22.34 and a market capitalization of HKD 1.9 trillion. JD.com closed at HKD 98.30, with a price-to-earnings ratio of 16.38 and a market capitalization of HKD 236.9 billion. Both peers also declined during the session, placing Meituan's financing discussion within a broadly weak Hong Kong internet sector.

What comes next for investors

Meituan's investor calendar identifies the second-quarter results announcement dated August 28, 2026. The next reporting date listed by StockAnalysis is November 27, 2026, although that date belongs to a secondary Mexican listing page rather than the Hong Kong primary listing. The bond-sale consideration is therefore the most recent dated corporate development in the reviewed material.

Stock and financing in one view

The financing discussion matters because Meituan is investing across local commerce, grocery retail and overseas delivery while competition continues to pressure costs. The second-quarter figures show stronger revenue and adjusted profit, but the RMB 1.7 billion New Initiatives operating loss remains a measurable counterweight.

The further course of trading is shown by the continuously updated real-time quote of Meituan stock.