Meituan Waimai Losses Improve: Will the Takeout Battle Finally End? Oil Prices Rise Again—CNOOC Unfazed by Earnings Decline? (Welcome viewers to ask about stocks)

SocialAnxietyStaker

2026-03-27 01:22:50

Abstract generation in progress

Meituan (03690)
As warned earlier, the company shifted from profit to loss, with an adjusted loss of 15.1 billion RMB in Q4 last year; core local business operations narrowed their losses quarter-over-quarter. CEO Wang Xing said he remains firm in his stance against “internal competition” and expects that this quarter’s food delivery losses per order will improve compared to the previous quarter. Is the anti-internal competition effort already showing results? Can Meituan’s stock price escape the downturn?

CNOOC (00883)
Last year’s performance declined, with net profit dropping over 11% year-over-year, and final dividends decreased by more than 16%. The full-year payout ratio was 45%. Management stated that since the Middle East conflict began, international oil prices have been highly volatile, but the overall benefits from rising oil prices will gradually be reflected in future results. Should investors worry about CNOOC’s declining performance?

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Editor: Ye Miao

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