Taobao, jd.com, and pdd holdings are entering the Hong Kong market, with free shipping services as the breakthrough point.
①Some analysts pointed out that the penetration rate of e-commerce in the Hong Kong and Macao region is lower than that in the mainland, so there is still incremental space. ②The logistics implementation issues in the Hong Kong and Macao market mainly involve multiple aspects such as goods transit, local logistics distribution labor costs, and network layout costs.
Express News | Public offering professionals: The Hong Kong stock, real estate, and overall technology trends are driving the rise of equity FOF.
jd.com is heading towards the instant retail battlefield.
Rekindle the flames of war.
Hong Kong stocks quick glance | Hang Seng Index closes up nearly 1%, network technology and shipping stocks rise throughout the day, Tencent up nearly 4%, cosco shipping holdings up nearly 8%.
Most network technology stocks rose, tencent rose by 3.61%, meituan-w rose by 2.79%; shipping and ports stocks rose across the board, cosco shipping holdings rose by 7.97%, ooil rose by 5.01%; mobile game stocks performed well, cmge fell by 3.80%, tencent rose by 3.61%.
Iran is preparing to launch a large-scale retaliatory strike against Israel "in the coming days"!
Israeli officials revealed that a large-scale retaliation by Iran may occur before the USA election day, and Iran's response will be unimaginable for Israel.
Hong Kong stocks midday review | Hong Kong stocks collectively rise, Hang Seng Index up more than 1%; network technology and rare earth metals concept stocks lead the gains, Tencent up more than 4%, jl mag rare-earth up over 38%
Network technology stocks rose, Tencent Holdings rose by 4.15%, Meituan-W rose by 3.89%; mobile game stocks went up, Tencent Holdings rose by 4.15%, idreamsky fell by 3.38%; nonferrous metals stocks rose together, jl mag rare-earth rose by 38.46%, China Aluminum International Engineering Corporation rose by 11.44%.
Express News | The Ministry of Commerce will work with relevant departments to introduce a batch of new policies in the consumer sector.
Will Iran launch attacks against usa before the US election? The international oil market responds by rising again.
①According to sources, Israeli intelligence shows that Iran will launch attacks against Israel through its proxies in Iraq, expected before the usa election; ②International oil markets rose again under the influence of this news, after Thursday's settlement, WTI futures prices rose by more than 3%, Brent crude oil futures prices rose by more than 2%.
Data revealed | What did Beishui buy in October? Significantly increased holdings in alibaba by nearly 18 billion Hong Kong dollars, increased holdings in Xiaomi by nearly 6.3 billion Hong Kong dollars, sold more than 7 billion Hong Kong dollars of Meitua
In October, the cumulative net inflow of southbound funds reached as high as 83.815 billion Hong Kong dollars, nearly doubling from the previous month. It is worth noting that the daily net inflow intensity of southbound funds has also increased, with 10 trading days in October alone seeing a net inflow of over 5 billion Hong Kong dollars. In terms of trend, since July of last year, southbound funds have maintained a net inflow for 16 consecutive months, with a total inflow of 782.69 billion Hong Kong dollars during this period.
Express News | China's Caixin manufacturing PMI for October was 50.3, up from the previous value of 49.3.
Daily Bull and Bear | Hang Seng Index futures rose to 20,432 points, up 115 points; the trading proportion of bearish warrants slightly increased, inflow of light positions funds into Hang Seng Index, Tencent.
Overnight, hsi futures current closed at 20,432 points, up 82 points or 0.40%, with a high of 115 points.
Alibaba Cloud rekindles its ambitions.
Ride the wave of AI.
Express News | The China-US Financial Working Group held its sixth meeting, where both sides communicated on topics such as the macroeconomic and financial situations of the two countries, monetary and financial policies, financial stability and regulation, and capital
Alibaba's stock price has risen by 25% in the past three months, institutions still remain bullish.
Many bearish factors are turning into bullish ones.
500 billion yuan! The central bank's first implementation of buy-back reverse repurchase, what is the impact on the market?
Looking at the comprehensive use of various monetary policy tools, the central bank injected net long-term liquidity of over 600 billion yuan in October, maintaining a relatively large net injection intensity. The central bank did not disclose the interest rate of this outright reverse repo operation, and Mizuho Securities believes that the effect of the 500 billion yuan injection is equivalent to a 25 basis point reserve requirement cut.
Express News | Alibaba: On October 30th, spent approximately 19.9884 million U.S. dollars to repurchase 1.6144 million shares.
The phone is starting "auto-driving", ordering 2000 cups of coffee in one sentence? Consumers may have difficulty replicating.
Honor CEO Zhao Ming said a sentence to YOYO assistant, and successfully placed an order for 2000 cups of coffee.
Sunwah Kingsway (00188) further sells a total of 0.534 million tracker fund units.
sunwah kingsway (00188) issued an announcement, from December 4, 2023 to October 31, 2024...
Bullish news is here! The unexpectedly positive data, foreign institutions continue to be bullish on the Chinese stock market.
In recent trading days, A-shares have remained volatile, but the market trading atmosphere remains active, and the financing balance continues to rise. At the same time, multiple foreign institutions have spoken out, continuing to be bullish on the Chinese stock market.
Hong Kong Market Quick Take | The three major indices collectively fell, with brokerages and real estate stocks rising against the trend, China Jinmao surged 10%, citic sec rose nearly 6%.
Network technology stocks weakened, Xiaomi Group-W rose 2.69%, Tencent fell 1.56%; auto stocks declined, Geely Auto fell 5.27%, BYD company fell 4.61%; Hong Kong retail stocks rose, Prada rose 7.49%, Bossini Int'l rose 2.11%.