Meituan (3690 HK) Q4 (CNY) Revenue 92.1bln (exp. 92.1bln), Adj. Net Income -15.1bln (exp. -13bln)
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German Economy Minister says fuel package may be insufficient if the Iran conflict drags on; says Germany may introduce further measures
Ukraine has reportedly hit the Russian Kirishi oil refinery (355k-400k BPD), reports suggest
Meituan (3690 HK) Q4 (CNY) Revenue 92.1bln (exp. 92.1bln), Adj. Net Income -15.1bln (exp. -13bln)
Corebridge (CRBG) and Equitable are reportedly to merge in an all-stock deal, FT reports citing sources; deal would create a USD 22bln insurance name
Ping An Insurance (2318 HK) FY 2025 (CNY) Net Income 134.4bln (exp. 135.8bln), Revenue 1.14tln
On the Newsquawk feed at , 20 minutes before this page.
Context
Meituan's Q4 revenue met expectations, but the adjusted net income missed slightly, which could raise concerns about its profitability amid challenging market conditions. The results may influence sentiment in the consumer services sector, particularly within hospitality and leisure, and could lead to further scrutiny of the company's outlook going forward.
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