Hang Seng Index Crash, Meituan Considering Exit? Examining Xiaomi, Alibaba, and Meituan’s New Valuation Anchors Through “Ecological Premium”
Recently, Xiaomi’s third-quarter financial report was released, with little expectation beyond the usual. The US situation is unsettled, Hong Kong stocks have recently experienced liquidity stagnation, and the Hang Seng Technology Index has retreated significantly.
As a major participant in the food delivery war, Alibaba, which bears the highest e-commerce taxes, hasn’t generated much discussion online.
I don’t remember if I wrote any previous articles, when I bought Xiaomi, I didn’t really think about what supported Xiaomi’s market capitalization at that time – perhaps after watching too many TikTok-related videos?