Bullx3
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China’s Ministry of Commerce announced measures to increase financial support for export enterprises and maintain the yuan’s stability at a reasonable, balanced level. The Export-Import Bank of China has been instructed to expand credit offerings to better meet diverse financing needs across trade sectors.
$BABA-W (09988.HK)$ $PDD Holdings (PDD.US)$ $JD-SW (09618.HK)$ $Hang Seng TECH Index (800700.HK)$ $Hang Seng Index (800000.HK)$ $KraneShares CSI China Internet ETF (KWEB.US)$ $NASDAQ Golden Dragon China (.HXC.US)$
$BABA-W (09988.HK)$ $PDD Holdings (PDD.US)$ $JD-SW (09618.HK)$ $Hang Seng TECH Index (800700.HK)$ $Hang Seng Index (800000.HK)$ $KraneShares CSI China Internet ETF (KWEB.US)$ $NASDAQ Golden Dragon China (.HXC.US)$
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Alibaba CEO Wu Yongming has announced the creation of the Alibaba E-commerce Business Group, consolidating domestic and international platforms, including Taobao Tmall Group, International Digital Commerce Group, 1688, and Idle Fish.
Under the leadership of Jiang Fan, this unified structure aims to strengthen integration across the entire e-commerce value chain, enabling better resource allocation, driving synergies, and supporting merchants in exp...
Under the leadership of Jiang Fan, this unified structure aims to strengthen integration across the entire e-commerce value chain, enabling better resource allocation, driving synergies, and supporting merchants in exp...
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Wu Qing emphasized that the China Securities Regulatory Commission (CSRC) will continue to improve rules on share reductions, quantitative trading, and securities lending while promoting fairness and regulated development. He affirmed that the underlying logic of long-term market optimism remains solid.
$BABA-W (09988.HK)$ $TENCENT (00700.HK)$ $Hang Seng TECH Index (800700.HK)$ $Hang Seng Index (800000.HK)$ $KraneShares CSI China Internet ETF (KWEB.US)$
$BABA-W (09988.HK)$ $TENCENT (00700.HK)$ $Hang Seng TECH Index (800700.HK)$ $Hang Seng Index (800000.HK)$ $KraneShares CSI China Internet ETF (KWEB.US)$
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"Revenues grew 5% to $33.7 billion, roughly in-line with market estimates. Adjusted EPS fell 4% to $2.15 but a significant beat versus $2.05 expected by analysts.
The company’s performance was driven by domestic wholesale e-commerce, which grew 18%, along with a 7% year-on-year growth in Alibaba’s cloud computing division. But the real star this quarter was the 29% year-on-year growth in Alibaba’s international e-c...
The company’s performance was driven by domestic wholesale e-commerce, which grew 18%, along with a 7% year-on-year growth in Alibaba’s cloud computing division. But the real star this quarter was the 29% year-on-year growth in Alibaba’s international e-c...
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Bullx3
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Yes! Exactly what I was hoping for. Some consumer-related stimulus to close out the year. They need to keep this positive momentum going and build on it for the challenging year ahead.
$Hang Seng TECH Index (800700.HK)$ $Hang Seng Index (800000.HK)$ $KraneShares CSI China Internet ETF (KWEB.US)$ $NASDAQ Golden Dragon China (.HXC.US)$ $KraneShares CSI China Internet ETF (KWEB.US)$
$Hang Seng TECH Index (800700.HK)$ $Hang Seng Index (800000.HK)$ $KraneShares CSI China Internet ETF (KWEB.US)$ $NASDAQ Golden Dragon China (.HXC.US)$ $KraneShares CSI China Internet ETF (KWEB.US)$
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Mainland investors bought another 10.5m $BABA-W (09988.HK)$ shares via the StockConnect as of yesterday's available data in the HKEX.
That's roughly US$115m to US$120m worth of Alibaba in one day.
$ALIBABA GROUP HOLDING LTD (BABAF.US)$ $Alibaba (BABA.US)$
That's roughly US$115m to US$120m worth of Alibaba in one day.
$ALIBABA GROUP HOLDING LTD (BABAF.US)$ $Alibaba (BABA.US)$
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That's US$23.5 billion in online retail sales from just this one major metropolis in China.
Guangzhou's online retail sales reached RMB167.88 billion, marking an 11.6% YoY increase, according to the 2024 "Double 11" shopping festival sales data.
Among various product categories, clothing, shoes, hats, and textiles, cosmetics, as well as daily necessities ranked the top three in terms of sales. Their online retail sales amounted to RM...
Guangzhou's online retail sales reached RMB167.88 billion, marking an 11.6% YoY increase, according to the 2024 "Double 11" shopping festival sales data.
Among various product categories, clothing, shoes, hats, and textiles, cosmetics, as well as daily necessities ranked the top three in terms of sales. Their online retail sales amounted to RM...
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Bullx3
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➡️Retail sales +4.8% (improved)✅
➡️Online retail sales +16% (big improvement)✅
➡️Property Price Index -5.9% (slightly worsened)🔻
➡️Fixed asset investment +3.4% (same)
➡️Industrial production +5.3% (slightly worsened)🔻
➡️Unemployment rate 5.0% (slightly better)✅
China’s consumer economy is picking up a great deal of momentum in October and setting the stage for a strong 4Q for the likes of $BABA-W (09988.HK)$ $JD-SW (09618.HK)$ $PDD Holdings (PDD.US)$ $MEITUAN-W (03690.HK)$ $BILIBILI-W (09626.HK)$ $KUAISHOU-W (01024.HK)$ $Kraneshares Tr Bosera Msci China A Sh Etf (KBA.US)$ $iShares MSCI China ETF (MCHI.US)$ $KraneShares CSI China Internet ETF (KWEB.US)$
➡️Online retail sales +16% (big improvement)✅
➡️Property Price Index -5.9% (slightly worsened)🔻
➡️Fixed asset investment +3.4% (same)
➡️Industrial production +5.3% (slightly worsened)🔻
➡️Unemployment rate 5.0% (slightly better)✅
China’s consumer economy is picking up a great deal of momentum in October and setting the stage for a strong 4Q for the likes of $BABA-W (09988.HK)$ $JD-SW (09618.HK)$ $PDD Holdings (PDD.US)$ $MEITUAN-W (03690.HK)$ $BILIBILI-W (09626.HK)$ $KUAISHOU-W (01024.HK)$ $Kraneshares Tr Bosera Msci China A Sh Etf (KBA.US)$ $iShares MSCI China ETF (MCHI.US)$ $KraneShares CSI China Internet ETF (KWEB.US)$
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Revenue +5.1% to $37.1B (BEAT!) ✅
Adjusted EPS +29.5% to $1.24 (Major BEAT!)✅
Metrics:
➡️ JD Retail rev +6.1% to $32.1B
- Electronics & Appliances +2.7% to $17.5B
- Gen. Merchandise +8.0% to $11.7B
➡️ JD Logistics rev +6.5% to $6.3B
➡️ New Biz rev -25% to $0.7B
➡️ Repurchased 15.5m ADS ($390m) shares in 3Q
➡️ Has another $5B or so under new buyback program
➡️ CEO Sandy Xu: We believe we’ve laid a solid foundation for sustainable operational and financial progress in the months...
Adjusted EPS +29.5% to $1.24 (Major BEAT!)✅
Metrics:
➡️ JD Retail rev +6.1% to $32.1B
- Electronics & Appliances +2.7% to $17.5B
- Gen. Merchandise +8.0% to $11.7B
➡️ JD Logistics rev +6.5% to $6.3B
➡️ New Biz rev -25% to $0.7B
➡️ Repurchased 15.5m ADS ($390m) shares in 3Q
➡️ Has another $5B or so under new buyback program
➡️ CEO Sandy Xu: We believe we’ve laid a solid foundation for sustainable operational and financial progress in the months...
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Yes, 16%. And we don’t even have the benefit of SinglesDay yet.
Online sales now account for 22% of total retail sales in China. And it’s growing 16% YoY.
$BABA-W (09988.HK)$ $Alibaba (BABA.US)$ $PDD Holdings (PDD.US)$ $JD.com (JD.US)$ $JD-SW (09618.HK)$ $KraneShares CSI China Internet ETF (KWEB.US)$
Online sales now account for 22% of total retail sales in China. And it’s growing 16% YoY.
$BABA-W (09988.HK)$ $Alibaba (BABA.US)$ $PDD Holdings (PDD.US)$ $JD.com (JD.US)$ $JD-SW (09618.HK)$ $KraneShares CSI China Internet ETF (KWEB.US)$
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