# HKEX
Latest news and articles about HKEX
Total: 3 articles found
Meituan Warns of Deep 2025 Loss After Price War and Big Push Abroad
Meituan expects a heavy net loss for 2025 after its core local commerce arm swung from large operating profit to an operating loss, driven by intensified domestic competition and increased overseas and ecosystem investment. The reversal has unsettled investors and highlights the tough trade‑off between defending market share and preserving profitability in China’s on‑demand services market.
Dongfeng’s Lantu Cleared for Hong Kong Listing, Marking a Milestone for State‑Owned EVs
Lantu has secured all pre‑listing regulatory approvals and conditional HKEX consent to list in Hong Kong by way of introduction, following a CSRC filing valid from January 22. The listing is embedded in a two‑stage corporate restructure that will distribute Lantu shares to Dongfeng shareholders and privatize Dongfeng Group, positioning Lantu as a likely first centrally owned EV firm to list overseas.
Xiaomi Launches HK$2.5bn Automated Buyback and Will Cancel Repurchased Shares — A Vote of Confidence with Strategic Consequences
Xiaomi has set up an automated share repurchase programme worth up to HK$2.5 billion and will cancel the shares it buys back, a move management says signals confidence and protects shareholder value. The plan further trims the public float and strengthens per-share metrics, while prompting questions about the trade-off between buybacks and investment.