HKG Equity Snapshot

3690 Weekly Equity Report

Meituan

Latest Close 77.90 HKD 12 Jun 2026
1W Return -2.6% latest completed week
4W Return -5.8% short-term follow-through
12W Return -1.6% quarterly tape
Trend Breadth 0.0% 0 of 52 weeks active
Volume Ratio 1.0x vs 13-week average
Company Brief

What the company does

Meituan operates as a technology driven retail company in the People's Republic of China, Hong Kong, Macao, Taiwan, and internationally. It operates through Core Local Commerce and New Initiatives segments. The company offers daily goods and services, such as food delivery, in-store, hotel and travel booking, and other services and sales; bike sharing, e-moped sharing, power banks and micro-credit; and operates Kuailv and Xiaoxiang Supermarkets. It also sells goods from B2B food distribution services; provides online marketing services to merchants; e-commerce; multimedia information technology; online retail platform; cloud computing; and merchant information advisory services. The …

Snapshot

What the weekly tape is saying

3690 closed the latest completed week at 77.90 HKD. The 4-week return is -5.8% and the 12-week return is -1.6%. Trend Signal is inactive, Market Dynamics is 0.49. Setup signature: Risk-first tape with a 24/100 composite read.

Trend Signal Inactive
Market Dynamics No fresh buy
Price vs Trend -12.0%
Volume 1.0x
Setup Cockpit

A compressed read of the whole setup

The radar blends trend persistence, momentum, Market Dynamics, Relative Strength, volume confirmation, and risk control into one weekly cockpit.

Composite setup radar

Scoreboard

Trend 0 Persistence of active Trend Signal over the last year and current streak.
Momentum 35 Blend of 4-week and 12-week follow-through.
Dynamics 66 Latest Market Dynamics and whether pressure has improved over four weeks.
Relative Strength 0 Relative leadership and short-term RS change.
Volume 41 Participation compared with the 13-week volume baseline.
Risk Control 0 Drawdown and recent weekly volatility pressure.

16-week signal tape

27 Feb 6 Mar 13 Mar 20 Mar 27 Mar 3 Apr 10 Apr 17 Apr 24 Apr 1 May 8 May 15 May 22 May 29 May 5 Jun 12 Jun
Weekly return bar Trend Signal dot Positive Market Dynamics dot
Price Action

Price, Trend Line, and Fair Value

Weekly price context with the latest close, trend position, Fair Value gap, drawdown, and 52-week range location.

52-week price path

Price Trend Line Fair Value

Price map

Trend Line
88.53 HKD
Vs Trend Line
-12.0%
Fair Value
117.1 HKD
Vs Fair Value
-33.5%
52W High
141.4 HKD
52W Low
72.25 HKD
Drawdown
-44.9%
Range Position
8.2%
Momentum

Returns and trend persistence

Return windows separate the latest week from short-term and medium-term follow-through.

Return windows

1W -2.6%
4W -5.8%
12W -1.6%
26W -23.9%
52W -43.6%

Trend read

Active Streak
0 weeks
52W Active Weeks
0
52W Active Breadth
0.0%
Sector Scope
HK Consumer Cyclical
Sector Rank
267 of 443
Sector Percentile
39.8%
Peer Context

Sector and industry pulse

Peer breadth helps separate a stock-specific move from a broader group rotation.

Market Dynamics

Pressure, Relative Strength, and expectation

Market Dynamics and Relative Strength show whether buying pressure and relative leadership are confirming the price move.

Dynamics path

Market Dynamics Relative Strength

Signal state

Market Dynamics
0.49
4W MD Change
89.8%
Relative Strength
-17.83
4W RS Change
16.3%
Expectation
Negative
Probability
42.62%
Volume

Participation and confirmation

Volume tells us whether the latest weekly move is being confirmed by unusual participation.

52-week volume profile

Volume map

Latest Volume
236.0M
13W Average
240.9M
52W Average
255.5M
Vs 13W
1.0x
Vs 52W
0.9x
Risk Anatomy

Volatility, downside weeks, and return shape

A compact risk profile shows whether the move is steady, volatile, or being driven by sharp one-week jumps.

26-week return distribution

Risk map

13W Volatility
5.7%
52W Volatility
5.1%
Upside Weeks
22
Downside Weeks
29
Downside Breadth
55.8%
Avg Gain / Loss
3.7% / -4.5%
Context

Classification, opportunities, risks, and watch points

Top-level read across company classification, constructive evidence, caution points, and the next things that matter.

Classification

Exchange
HKG
Country
HK
Sector
Consumer Cyclical
Industry
Internet Retail
Currency
HKD
Market Cap
483.1B

Opportunity signals

  • Market Dynamics is positive on the latest completed week.

Risk signals

  • Trend Signal is inactive, so price action has not confirmed a constructive regime.
  • Price is below the Trend Line, which keeps downside pressure in focus.
  • Price is below Fair Value, so the market is still discounting the latest tape.
  • The share remains more than 20% below its 52-week high.

Watch next

  • Trend Line remains the key weekly regime level.
  • Market Dynamics is the pressure gauge to monitor for confirmation or fade.
  • A volume ratio above 1.5x would show stronger participation in the next move.
Weekly Tape

Recent completed weeks

The latest weekly rows behind the report snapshot.

Week Close Return Trend Fair Value MD RS Volume Signal
12 Jun 2026 77.90 HKD -2.6% 88.53 HKD 117.1 HKD 0.49 -17.83 236.0M Off
5 Jun 2026 79.95 HKD 8.8% 89.27 HKD 117.4 HKD 0.54 -17.58 393.8M Off
29 May 2026 73.45 HKD -9.7% 90.00 HKD 117.8 HKD 0.43 -25.95 277.9M Off
22 May 2026 81.35 HKD -1.6% 90.95 HKD 118.1 HKD 0.42 -20.51 182.2M Off
15 May 2026 82.70 HKD -1.6% 91.59 HKD 118.3 HKD 0.26 -21.29 215.6M Off
8 May 2026 84.05 HKD 1.0% 91.99 HKD 118.6 HKD 0.14 -22.22 132.5M Off
1 May 2026 83.25 HKD 1.0% 92.58 HKD 118.9 HKD 0.02 -22.20 164.7M Off
24 Apr 2026 82.45 HKD -4.7% 93.34 HKD 119.3 HKD -0.19 -24.48 155.9M Off
17 Apr 2026 86.50 HKD -1.3% 93.94 HKD 119.6 HKD -0.17 -22.26 189.0M Off
10 Apr 2026 87.60 HKD 9.2% 94.60 HKD 119.9 HKD -0.42 -21.55 172.6M Off
3 Apr 2026 80.25 HKD -6.6% 94.90 HKD 120.2 HKD -0.68 -27.04 206.5M Off
27 Mar 2026 85.90 HKD 8.5% 95.66 HKD 120.5 HKD -0.72 -22.65 572.3M Off
20 Mar 2026 79.15 HKD 4.2% 96.22 HKD 120.9 HKD -0.92 -30.66 232.7M Off
13 Mar 2026 75.95 HKD -1.2% 97.53 HKD 121.3 HKD -1.00 -35.05 210.1M Off