Buy Alibaba, Sell Meituan Pair Trade Thrives on Price War Bets

Betting on the widening gap in stock performance of two of China’s biggest internet companies has been a slam-dunk this year, and analysts say the trade may have further to...

By Jeanny Yu, Chongjing Li · Bloomberg Markets

Betting on the widening gap in stock performance of two of China’s biggest internet companies has been a slam-dunk this year, and analysts say the trade may have further to run.