Meituan stock gains 1.2 percent near its 52-week high

Meituan (KYG563371061) traded at HKD 74.10 on the Hong Kong Stock Exchange at 9:45 a.m. on September 23, 2026, up 1.2 percent from the previous close of HKD 73.20. The price stood HKD 1.50 below the reported 52-week high of HKD 75.60 and HKD 1.95 above the 52-week low of HKD 72.15.

Stock recovers from the open

The intraday range was HKD 72.90 to HKD 74.25 on September 23, 2026, while the quoted market capitalization was about HKD 410 billion. The price move contrasts with a 30 percent decline shown for the year-to-date period in the same market snapshot, leaving the stock close to its annual range ceiling despite the broader loss.

Meituan also outperformed the immediate opening backdrop: The Standard reported on September 23, 2026, that Meituan fell 0.3 percent at the open while the Hang Seng Index opened down 22 points.

Capital flows remain a counter-factor

Southbound positioning provided a measurable counterweight. Futunn reported on September 23, 2026, that Meituan holdings fell by 9.9181 million shares, corresponding to a value reduction of RMB 726 million.

The same market data showed a 52-week performance range of HKD 72.15 to HKD 75.60 and a current quotation of HKD 74.10. That places the stock at approximately 98.0 percent of the distance from its 52-week low to its 52-week high, calculated from the quoted levels, while the 30 percent year-to-date decline remains the larger historical reference.

Meituan stock stays near HKD 75.60

Meituan stock was quoted at HKD 74.10 on the Hong Kong Stock Exchange at 9:45 a.m. on September 23, 2026, with the market capitalization shown at about HKD 410 billion and the 52-week range at HKD 72.15 to HKD 75.60.

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