he likes you so it means he's being sweet and giving you a petname, if a stranger says it then theyre being polite or friendly and if someone in a position above you or a stranger who is being standoffish says it theyre trying to be condescending. its one of those terms that can be meant in so many different ways
You just answered your own question. He likes you. It's just a term of endearment.
where i live, he's gay and he wants to show you he's not a threat
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