HK Movers | Meituan Stock Jumps 4%
Meituan shares jumped 4% in afternoon trading.
According to data from Meituan, in the first half of 2025, high-frequency delivery riders earned an average monthly income ranging from RMB 6,949 to RMB 10,201. For the more experienced riders known as the “Le Run” group, monthly income in top-tier cities such as Beijing, Shanghai, Guangzhou, and Shenzhen reached as high as RMB 12,826. Since the second quarter, driven by high temperatures and peak order volumes, the average monthly income of high-frequency riders across all city tiers has increased by more than 20% year on year.
On the welfare side, starting July 1, the “Occupational Injury Protection for New Employment Forms” (delivery rider work injury insurance) has been expanded to 17 provinces and municipalities. Meituan pays the premiums on a per-order basis, with every order and every rider covered. Since the pilot program launched in 2022, Meituan has paid a cumulative total of more than RMB 1.5 billion in contributions as of the first half of this year.
Related Articles
Effects of Interest Rate Cuts: Impact of Fed's September Meeting on Crypto Market
The Fed’s rate cut decision is a major bullish catalyst for crypto — but it comes with uncertainty. Investors should understand the economic rationale behind the move and adjust strategies accordingly. Staying flexible, informed, and disciplined is key to thriving in crypto’s fast-moving environment
[Reuters Analysis] Why South Korea cannot make the same US trade deal as Japan
South Korea trade talks with U.S. have stalled due to FX issuesCurrency market too small for $350 bln fund, unlike Japan's caseHopes grow that bilateral currency swap line may offer solution By Jihoon Lee and Yena Park SEOUL, Sept 15 (Reuters) - South Korea's negotiations with the U.S. on...
September Global Central Bank Divergence: How Will U.S. Stocks and Forex Markets Move?
TradingKey - Despite the divergence in monetary policies among major global central banks in September (with the Federal Reserve cutting rates while the European Central Bank, Bank of England, and Bank of Japan maintain steady rates), we expect the policy directions of the Fed, ECB, and BoE to...
U.S. September Rate Decision Preview: What It Means for Bitcoin and Could It Spark a New Rally?
Bitcoin’s rally stalls ahead of the Fed meeting — has the bullish momentum already been priced in?
Fed to Cut Rates: All Asset Prices Up!
TradingKey - The Federal Reserve is almost certain to restart its interest rate cut cycle on 17 September this year. After in-depth research, we have concluded that cryptocurrencies, the broader U.S. stock market, and short-term U.S. Treasury bonds will all go up.
