$MEITUAN(03690.HK)Meituan's operational capabilities and market share in food delivery would have skyrocketed if it were in the U.S. Chinese capital has no say and only knows internal competition domestically. There's zero confidence. Just like how there was no confidence in domestic large language models before DeepSeek came along—they needed a savior from the West, and at that time, llama was their savior.