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Next-day Filing in Hong Kong Reports 146,956-share Capital Increase","url":"https://stock-news.laohu8.com/highlight/detail?id=2647371309","media":"Reuters","labels":["shareholding","express"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2647371309?lang=en_us&edition=fundamental","pubTime":"2026-06-29 20:20","pubTimestamp":1782735652,"startTime":"0","endTime":"0","summary":"Meituan next-day filing in Hong Kong reports 146,956-share capital increaseMeituan filed a next-day disclosure return showing 146,956 new class B WVR ordinary shares issued from employee option exercises in June.Issued class B WVR ordinary shares rose to 5,595,612,976 as of June 29, 2026.Separately, 1,462,700 class B WVR ordinary shares were repurchased on June 29 for HKD 99.77 million at HKD 66.5-HKD 69.Disclaimer:This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Meituan published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange  , on June 29, 2026, and is solely responsible for the information contained 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China's internet sector has underperformed as it has been treated as a source of funds to buy AI hardware stocks, the analysts say. As a result, the Hang Seng Index is down 11% so far this year while the Kospi is up 100% despite recent volatility. The analysts think PDD and Meituan are now trading near their five-year trough multiples. \"With solid net cash positions and outstanding buyback programs, we expect companies to accelerate their buyback pace, and we believe that fundamentals will eventually prevail,\" they say.  Dow Jones NewswiresJune 29, 2026 00:45 ET Copyright  2026 Dow Jones & Company, 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