meituan

$MEITUAN OPENS SOURCE TRILLION-PARAMETER AI MODEL LONGCAT-2.0 🚀

This open-source release of LongCat-2.0 with 1.6T parameters and innovative sparse attention architecture signals a new phase in domestic AI infrastructure. The model’s successful inference on a 50,000-card domestic cluster breaks prior hardware constraints.

Volume and developer interest around Meituan’s ecosystem are likely to spike as the industry digests this capability leap. How do you see this affecting the broader AI narrative in your portfolio?

Not financial advice. Always manage your risk.

#MEITUAN #AI #OpenSource #TechBreakthrough

🚀

MEITUAN DEBUTS CHINA’S BIGGEST AI MODEL TRAINED ON LOCAL CHIPS

- 1.6T parameters · MoE with ~48B active · 1M context
- Both the full training run and the large-scale deployment are built entirely on AI ASIC superpods.
- LongCat-2.0 is pre-trained on over 50K AI ASICs (No GPUs).
- it used the Huawei Collective Communication Library (HCCL) to improve training stability. HCCL is a chip-to-chip communication system similar to the Nvidia Collective Communication Library (NCCL).
- Competing models like DeepSeek-V4-pro relied on domestic chips only for inference, Meituan utilized domestic hardware for both inference and the highly intensive pre-training phase.
- Because the domestic accelerators possess less per-device memory than an Nvidia H800 (80 GB), Meituan address this challenge along two dimensions: parallelism strategy and memory management.
#Meituan #AI #SupremeCourtBlocksTrumpFromRemovingFedCook

$MEITUAN DROPS 10% TO 2090 – LUNCH MONEY LEVEL 🔥

Entry: 2090 🔥

The 10% flush just landed Meituan right at 2090 HKD – a level I've watched hold multiple times since March. The drop was fast and heavy, which usually means the weak hands got shaken out before the next move. Volume picked up hard at this exact price, and that's exactly what you want to see if you're playing the bounce.

If this zone doesn't break, we could see a quick snap back toward 2200. The risk is tight here, and the reward is just one candle away. Are you stepping in at 2090 or waiting for a lower sweep?

Not financial advice. Always manage your risk.

#MEITUAN #DropPlay #BounceSetup #HongKong

🔥

$MEITUAN DROPS 10% – KEY SUPPORT AT 2090 HKD IN PLAY ⚠️

A single-session drop of this magnitude typically creates a vacuum of liquidity below the current price. The 2090 level has historically attracted buyers during similar drawdowns in the past year.

Volume spiked sharply on the selloff, suggesting exhaustion selling rather than sustained distribution. The daily relative strength is approaching oversold territory for the first time in three months.

Are you treating 2090 as a dip-buy zone or waiting for a cleaner structure to form?

Not financial advice. Always manage your risk.

#MEITUAN #SupportLevel #MarketDrop #TechnicalAnalysis #SwingTrade

⚡

🚀 TECH STOCKS ARE SOARING! 🇨🇳 HONG KONG TECH SHARES UP OVER 3% 📈

Strong momentum in the Asian market!

💥 Major tech corporations listed on the Hong Kong Stock Exchange reported solid gains amid a volatile trading session, driven by sector optimism. 🏛️💻

📌 The essentials at a glance:
Leaders on the Rise: According to Jin10 data, giants like Meituan, Tencent Holdings, and NetEase led the rally with gains exceeding 3%. 📊🔥

Contagion Effect: The positive sentiment also lifted other key players in the sector such as JD Health, Bilibili, and Tencent Music, all of which closed in the green. 🟢💸
#Tencent #Meituan #StocksNews #BinanceSquare
👇 Keep an eye on global market reactions in real-time down below:
$BTC $ETH