Meituan, Alibaba Shares Jump as China Seeks to Curb Price Wars

The rise in shares reflects a market reaction to regulatory interventions that could reshape the competitive landscape in China's food delivery sector. Investors are betting that the government's scrutiny will lead to a more sustainable business environment, potentially reducing the financial strain caused by ongoing price wars. However, the long-term impact will depend on the measures implemented and how companies adapt to a new regulatory framework.