China Jan-Jun consumer goods retail sales CNY24.546T, +5.0% y/y
Meituan downgraded to market perform from outperform at Bernstein (pre-open) (HK$140.60, +2.40)
China Jan-May consumer goods retail sales CNY20.317T, +5.0% y/y
StreetAccount Summary - Trading higher/lower: Hong Kong mid-morning
China reports Jan-Apr internet and related service industry revenue CNY597.0B, +1.5% y/y
Meituan initiated buy at Mizuho Securities Asia Research (HK$140.10, 0.00)
BYD, Meituan underline competitive pressures in China's weak domestic market:
Powered by FactSet Research Systems Inc.