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Matthews China Fund Comments on Meituan Dianping

News Snapshot:

Matthews China Fund Comments on Meituan Dianping A contributor among individual stocks was Meituan Dianping ( HKSE:03690 ), China's largest food delivery service. In addition to its core operations around food delivery, the company also runs a successful business review service, similar to Yelp, as well as a travel booking service for hotels. Forecasts of increased profitability caused the stock to rise in May.

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