On August 25, MEITUAN-W fell 3.33% in regular trading, trading at 80.05 HKD/share, with turnover of 6.97 billion HKD. The decline comes as weak earnings expectations ahead of the August 28 results release converge with macro headwinds from tightening interest rate expectations.

MEITUAN-W is scheduled to report interim results on August 28. Market consensus projects quarterly adjusted EPS of -0.06 yuan, representing a 103.88% year-over-year decline, while EBIT is expected at -9.65 billion yuan, swinging to a loss with a 111.70% YoY deterioration. The profitability outlook remains under significant pressure as technology investment weighs on near-term margins.

On the macro front, the Jackson Hole annual symposium and PCE data are due this week, with markets pricing a 35% probability of a September rate hike. Tightening rate expectations are suppressing growth stock valuations broadly. The tech sector extended prior-session weakness, with peer Alibaba-W having previously plunged over 8%, keeping sector sentiment subdued.

(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.)