Meituan reports strong Q3 earnings

Macquarie upgrades China internet stocks, citing stronger fundamentals and growth

Macquarie upgrades several Chinese internet stocks, highlighting improved earnings, government support, and long-term growth via overseas expansion, while remaining cautious on online healthcare and logistics sectors.

Jefferies hikes price targets on China internet stocks after stimulus

Jefferies raised price targets for Chinese internet stocks due to stimulus measures, expecting improved valuations and a narrowing gap in online shopping valuations compared to global peers.