Meituan Waimai Losses Improve: Will the Takeout Battle's Biggest Loser Finally Break Through? Oil Prices Rise Again—Is CNOOC Unfazed by Earnings Decline?

2026-03-27 03:27:21

Meituan (03690)
As warned, the company turned from profit to loss, with an adjusted loss of 15.1 billion yuan in the fourth quarter of last year; core local business operating losses narrowed quarter-on-quarter. CEO Wang Xing stated a firm stance against “involution” and expects that the loss per order in food delivery this quarter will improve compared to last quarter; is the anti-involution effective? Can Meituan’s stock price escape from hardship?

CNOOC (00883)
Last year’s performance declined, with net profit falling over 11% year-on-year, and the final dividend reduced by over 16%, with an annual payout ratio of 45%. Management indicated that since the Middle East conflict, international oil prices have been highly volatile, but the overall rise in oil prices will gradually reflect in future benefits; should investors not worry about CNOOC’s performance decline?

Yin Yuan Family Office Hong Kong’s Vice President Wong Wai Ho accompanied you for the market opening on “ET Market Live” at 9 AM this morning.

ET Market Live

Meituan’s delivery losses improve; will the delivery industry’s suffering end? Oil prices rise again; is CNOOC not afraid of performance decline?

https://video.hket.com/video/4105821

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Editor-in-charge: Ye Miao

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