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Meituan gets a ‘sell’ rating; Xi continues grooming his support base

SinoInsight 1 On March 19, China Tonghai Securities gave shares of Meituan Dianping a “sell” rating in a note. China Tonghai Securities gave a price target for Meituan at 34.33 Hong Kong dollars per share, or 37 percent lower than the stock’s closing price on March 18 (HKD 55.35). The closing price of Meituan shares …

Read moreMeituan gets a ‘sell’ rating; Xi continues grooming his support base

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