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Capital to Acquire Stake in Meituan-Backed Yilian Bank, Marking Trend in Private Lenders","url":"https://stock-news.laohu8.com/highlight/detail?id=1142740370","media":"Deep News","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1142740370?lang=en_us&edition=fundamental","pubTime":"2026-04-23 21:13","pubTimestamp":1776950000,"startTime":"0","endTime":"0","summary":"Jilin Province's state-owned capital is set to become the largest shareholder of Jilin Yilian Bank, a move confirmed by multiple sources. According to informed individuals, the process is 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Stock Slips 2.5% in Hong Kong","url":"https://stock-news.laohu8.com/highlight/detail?id=2629101550","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2629101550?lang=en_us&edition=fundamental","pubTime":"2026-04-22 16:31","pubTimestamp":1776846660,"startTime":"0","endTime":"0","summary":"This article was automatically generated by Dow Jones using technology from Automated Insights.Shares of Meituan slid 2.5% to 84.25 Hong Kong dollars on what proved to be an all-around rough trading session for the Hong Kong stock market, with the Hang Seng Index falling 1.2% to 26163.24.Meituan closed 44% short of its 52-week high of HK$149.80, which the company achieved June 9.Trading volume totaled 31.1 million shares, compared to the 50-day average of 55.8 million 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Fines Food Delivery Operators for Failing to Vet Sellers","url":"https://stock-news.laohu8.com/highlight/detail?id=2628741166","media":"MT Newswires Live","labels":["policyRegulatory"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2628741166?lang=en_us&edition=fundamental","pubTime":"2026-04-20 18:21","pubTimestamp":1776680476,"startTime":"0","endTime":"0","summary":"China's market regulator fined leading food delivery operators a total of 3.60 billion yuan for failing to filter out unqualified sellers, according to a notice released Friday.Among those fined are Alibaba's Ele.me, Taobao, and Tmall, TikTok's Douyin, as well as Pinduoduo and Meituan , the State Administration for Market Regulation said.China also fined the legal representatives and food safety directors of the companies a total of 19.7 million yuan.The decision comes after a series of probes on so-called \"ghost deliveries\" in which merchants affiliated to delivery operators used fake locations and 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Competition in China's On-Demand Delivery Segment Raises Risk of Lingering Price War, S&P Says","url":"https://stock-news.laohu8.com/highlight/detail?id=2628434227","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2628434227?lang=en_us&edition=fundamental","pubTime":"2026-04-20 16:50","pubTimestamp":1776675041,"startTime":"0","endTime":"0","summary":"Continued elevated competition between major companies in China's on-demand delivery market raises the risk of a persistent price war amid a delay in subsidy reductions until 2028, S&P Global Ratings said in a recent release.These create adverse conditions for all players, S&P said.Major platform operators Meituan , JD.com , and Alibaba Group Holding  have allocated significant spending to seize a share of the on-demand delivery markets, such as food and online retail, S&P senior analyst Jay Lau said.These fast-paced segments account for more than 6% of China's retail sector, S&P said.The negative impact of the price war will be greater than expected, continuing the negative trend on major players' EBITDA since 2025, Lau 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