After the release of Meituan's financial report, it opened down 4.95% this morning, and then turned from falling to rising, closing in red and even turning to rising.On the news, Meituan announced its results for the three months ended March 31, 2025. The profit for the period was 10.057 billion yuan (RMB, the same below), a year-on-year increase of 87.33%. Adjusted net profit was 10.95 billion yuan, a year-on-year increase of 46.2%. During the period, the group's revenue was 86.557 billion yuan, a year-on-year increase of 18.12%.CICC pointed out that Meituan's 1Q25 revenue increased by 18% year-on-year to 86.6 billion yuan, exceeding the bank's expectations by 1.4%; The adjusted net profit was 10.95 billion yuan, exceeding the bank's expectations by 21%, mainly due to the higher-than-expe
With Yields at 4.5%, Should You Go Long on US Bonds or Stocks?
Amid the impact of a weekend AAA rating downgrade, the 30-year U.S. Treasury yield briefly exceeded 5%. However, driven by retail buying, Treasury prices eventually closed higher yesterday. The 10-year U.S. Treasury yield is currently around 4.5%, and it's generally regarded as the risk-free rate. Would you choose to go long on U.S. Treasuries or U.S. equities?
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