While HK listed China stocks especially $TENCENT(00700)$ and $BABA-W(09988)$ have seen huge inflows due to rerating of China stocks because of Deepseek AI. The news that $JD-SW(09618)$ announced the launch of JD Takeaway dented the share price of $MEITUAN-W(03690)$ today (12th).
JD announced that JD Takeaway officially launched "quality dine-in catering merchants" recruitment, whereby merchants who are onboarded by May 2025 are commission-free for the entire year.
Buying the dip with this CBBC with a call price of $130 to capitalize on a short term rebound.
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