Picture: 123RF / OLEGDUDKO
Picture: 123RF / OLEGDUDKO

Jean Pierre Verster from Protea Capital Management chose Meituan Dianping as his stock pick of the day and Rowan Williams from Nitrogen Fund Managers chose Reinet

Verster said: “An offshore share again, this time one listed in Hong Kong. It’s called Meituan Dianping ... and it’s basically the Uber Eats of China.

Williams said: “I’m going for Reinet, the exciting thing with them is that Pens Corp, which is the insurance business in the UK, is becoming up to 50% of the NAV [net asset value].”

Jean Pierre Verster from Protea Capital Management chose Meituan Dianping as his stock pick of the day and Rowan Williams from Nitrogen Fund Managers chose Reinet.

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