Chinese food delivery giants surge as regulator, state media call end to price war

By Thomson Reuters Mar 25, 2026 | 2:50 AM

HONG KONG, March 25 (Reuters) – Hong Kong-listed shares of delivery platform Meituan surged on Wednesday after ‌Chinese state media and the regulator urged the industry to end a bleeding price war.

(Reporting by Jiaxing Li in Hong Kong and Li Gu in Shanghai; Editing by Janane Venkatraman)