Hong Kong stock market morning report on November 12: US stocks closed higher, with most China concept stocks strengthening. Hong Kong Exchanges and Clearing will continue to optimize the Shanghai-Hong Kong Stock Connect.

① COP29 opened in Azerbaijan. ② The Hong Kong Stock Exchange stated that it will continue to optimize the Shanghai-Hong Kong Stock Connect trading mechanism and related services, continuously improve the Bond Connect and Swap Connect arrangements. ③ The three major US stock indexes collectively closed higher last night, with most China concept stocks strengthening. ④ Japan intends to introduce a ¥10 trillion support policy for semiconductors and artificial intelligence. ⑤ Bitcoin broke through $0.088 million.

cls.cn18:15 ET

The longest november 11 shopping festival-related has ended, with the platform's coupon service. Tmall achieved over 589 brands breaking the billion mark, while jd.com's brand transaction volume exceeded 0.017 million, a more than fivefold increase.

This year's november 11 shopping festival-related started 10 days earlier overall, with platforms offering competitive prices and services, good value for money. Tmall's transaction volume exceeded 100 million yuan, a year-on-year increase of 46.5%, setting a new historical record, while jd.com saw transaction volumes from over 30,000 small and medium-sized merchants more than doubling year-on-year. With government subsidies, home appliance consumption took the spotlight on this year's november 11 shopping festival, followed closely by mobile phones, digital products, and outfits. Jd.com reported a 200% year-on-year increase in transaction volumes for 519 home appliance and home furnishing product categories, while Xiaomi announced a total accumulated payment amount breaking 31.9 billion yuan through all channels, setting a new record for Xiaomi's annual major promotions. Over 100 live streaming rooms on Taobao surpassed 100 million yuan in transactions, reaching a historic high; jd.com's live broadcast order

wallstreetcn14:49 ET

ant group co., ltd. owns 35% of the shares, and Qiantang Credit Reporting has obtained the third personal credit reporting license in China.

The central bank announced today that it has approved the personal credit business license of Qiantang Credit. Qiantang Credit has become the third licensed personal credit institution after Baihang Credit and Pudao Credit. According to the previous public announcement, the shareholders of Qiantang Credit are: Zhejiang Provincial Tourism Investment Group Co., Ltd. holding 35%, and Ant Financial Services Group holding 35%.

cls.cnNov 11 07:57 ET

US-Listed Chinese Stocks Earnings Are Coming; Options Market Sentiment Turns Bullish

Options NewsmanNov 11 04:15 ET

The three major stock indices in Hong Kong collectively weakened, with auto retail stocks rising against the trend due to bullish news from Huawei.

How do you view the current adjustment in the Hong Kong stock market? Why do stocks related to digital currency concepts continue to strengthen? What is the reason for the rise of Hua Hong Semiconductor?

cls.cnNov 11 03:57 ET

Track Hyper | Xiaomi 15 Series: Daily sales volume nearly 0.17 million units.

Lei Jun is pushing for a brand new starting point for the high-end development of Xiaomi smartphones.

wallstreetcnNov 10 23:07 ET