On May 21, Meituan-W rose 3.74% in regular trading, trading at 86.05 HKD/share, with trading volume of approximately 1.188 billion HKD. The stock extended its recent rebound from the 81-83 HKD range, building on a series of positive sessions since mid-May.

The move continues to be supported by the regulatory shift that halted aggressive food delivery subsidies, with authorities having published a 63-item algorithm optimization checklist for lifestyle service platforms. Meituan completed its 13-point algorithm reform in early May, eliminating overtime penalties for riders and introducing fatigue-prevention measures, earning recognition as an industry benchmark. The end of the price war has materially narrowed per-order losses and cleared the path toward unit economics turning positive.

Additionally, CEO Wang Xing's thesis that physical AI represents the next frontier has gained renewed market attention. Meituan's decade-long accumulation of dispatch data from over 150 million daily orders, 3.4 million merchant operational datasets, and 800 million annual transacting users positions it at the intersection of AI and real-world logistics infrastructure, a narrative that has attracted sustained buying interest.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)