Meituan Breakout

Macro:
Chinese leading indicators expanding/ recovering
Chinese consumer returning to norm
Global innovation theme taking off

Sector:
Consumer cyclicals preferred
Technology focused

Stock:
3Q seasonality good for Meituan
Mid Autumn Festival pent up consuemr spending
Potential HSI inclusion (fingers crossed)

Technicals:
General uptrend intact (Moving averages & rising OBV)
Ascending Triangle