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WEIMOB INC (02013.HK) has been increased in shareholding by JPMorgan with 16.2137 million shares.
On January 7, according to the latest equity disclosure information from the Stock Exchange, as of December 31, 2024, WEIMOB INC (02013.HK) was increased by JPMORGANCHASECO to 16.2137 million shares at an average price of HKD 3.4702 per share, involving approximately HKD 56.265 million. After the shareholding increase, the latest number of shares held by JPMORGANCHASECO increased from 341,782,812 shares, raising the shareholding ratio from 9.69% to 10.17%.
Southbound capital had a net Buy of over 5.1 billion Hong Kong dollars on January 6: significantly increasing positions in China Mobile and Xiaomi, Outflow from Alibaba and WEIMOB INC.
① On that day, capital from the south amounted to approximately 52.8 billion HKD, which stocks are seeing continuous Inflow? ② The Inflow into Xiaomi Group reached 1.4 billion HKD, how is the stock price performance?
Research Reports mining | Guoyuan: Upgraded WEIMOB INC rating to 'Buy', expected to benefit from the improvement of the WeChat e-commerce ecosystem in the future.
Guoyuan issued a report indicating that the Target Price for WEIMOB INC is set at HKD 3.86, with the rating upgraded to 'Buy.' As one of Tencent's important ecological partners, WEIMOB INC's WeChat Mini Programs will connect to the WeChat Shop ecosystem, supporting the continuous enrichment of the WeChat e-commerce ecosystem. It can utilize the gifting function of WeChat Shops to create more creative and interactive marketing activities for brand merchants, helping them attract more users to purchase and give gifts, thereby enhancing brand awareness and sales volume. This will further enrich WEIMOB's Marketing Services scenarios and enhance its competitiveness in the digital marketing field. There is also an opportunity to leverage its technical advantages and precise marketing experience to participate in the GMV revenue sharing with partner merchants, improving the commercial level of its Business.
Hong Kong stocks movement | WEIMOB INC (02013) rose over 4% as WeChat expands the testing range for gift sending. The company is expected to benefit from the improvement of the WeChat e-commerce ecosystem.
WEIMOB INC (02013) rose over 4%, as of the time of writing, it increased by 4.26%, priced at 3.18 Hong Kong dollars, with a transaction amount of 0.688 billion Hong Kong dollars.
【Special Contributor】Guo Jiayao: The market has not made any breakthroughs, and the Index continues to hover between the levels of 19,200 and 20,200 points.
Jinwu Finance | The US stock market performed well last Friday, with US manufacturing data exceeding expectations, leading to a market rebound. The Index opened high and continued to rise, with all three major indices recording significant gains at the close. The dollar experienced a Top Reversal from its highs, the US ten-year treasury yield rose to 4.60%, gold prices saw a pullback, while oil prices performed well. Hong Kong's pre-trade securities were generally positive, and the market is expected to open high in the early session. The mainland stock market declined last Friday, with the Shanghai Composite Index opening high but falling back, closing down 1.6%, and trading volume in the Shanghai and Shenzhen markets decreased.
[Brokerage Focus] CITIC SEC: With the peak period of social activities like the Spring Festival approaching, the activity level of WeChat mini-stores on both the supply and demand sides is expected to increase.
Jinwu Financial News | The research report from CITIC SEC points out that starting from January 1, WeChat Mini Stores launched a new "Private Domain Incentive Program". This program provides a reduction in technical service fees for transactions completed in group chats, Moments, public accounts, and other social and private domain scenarios. This measure is expected to promote active actions from merchants in terms of onboarding, operations, and pricing. As the peak period for social activities, such as the Spring Festival, approaches, the activity on both the supply and demand sides in WeChat Mini Stores is expected to be enhanced. WeChat's active participation in the social e-commerce field indicates that the e-commerce scenario is poised for new changes and opportunities. Brands that can quickly adapt to the new traffic trends are expected to be the first.
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