Express News | Alibaba: On November 5th, spent approximately $19.9886 million to repurchase 1.6072 million shares.
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Alibaba (09988.HK) upgraded the 'november 11 shopping festival-related' Taobao subsidy to a super subsidy, with order volume exceeding 0.1 billion orders.
Alibaba (09988.HK) (BABA.US) announced that this year during the Tmall november 11 shopping festival-related period, Taobao's tens of billions of subsidies have been significantly increased, upgraded to a hundred billion super subsidy event. As of November 3, the order volume of Taobao's hundred billion super subsidy has exceeded 0.1 billion, a significant increase compared to the same period last year, and has driven the turnover of industries such as household appliances, home decoration, sports outdoor, to increase by over 350% year-on-year. Orders for clothing and 3C digital products have also increased by 200% and 100% respectively.
Overseas issuance of UnionPay cards fully supports binding WeChat Pay and Alipay.
CCTV News reported that China UnionPay International announced that overseas issued UnionPay cards now fully support binding with Alipay. At the same time, with the support of ICBC (01398.HK), WeChat Pay can also be linked to overseas issued UnionPay cards. Currently, there are over 0.25 billion UnionPay cards issued in 83 countries and regions outside China, and these UnionPay cards can be used cross-border in 183 countries and regions.
CORRECTION: Shares of US-listed Chinese Stocks Are Trading Lower
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