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[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.
Selected Announcements | Alibaba's buyback plan still has a remaining amount of 20.7 billion USD; GTJA plans to conduct a stock swap to absorb and merge HAITONG SEC and will send a proposal to the meeting for fundraising support.
In 2024, Qinhuangdao Port's total throughput reached 0.414 billion tons, a year-on-year increase of 5.66%; ZHAOKE OPHTH-B: The National Medical Products Administration accepted the simplified new drug application for NVK002, used to treat worsening myopia in children.
Zhitoon ADR Statistics | January 3
HSI ADR fell, closing at 19621.74, down 1.58 points or 0.01% compared to the Hong Kong closing.
Gelonghui Announcement Selection (Hong Kong Stock) | Alibaba-W (09988.HK) still has 20.7 billion USD repurchase quota remaining under the share repurchase plan.
Alibaba-W (09988.HK) still has a repurchase capacity of 20.7 billion dollars under the share repurchase plan.
TENCENT (00700.HK) spent 0.7 billion Hong Kong dollars to repurchase 1.68 million shares on January 2.
Gelonghui reported on January 2 that TENCENT (00700.HK) announced spending 0.7 billion Hong Kong dollars to repurchase 1.68 million shares on January 2.
Express News | Tencent Bought Back 1.7 Mln Shares for HK$701.5 Mln on Jan 2 - HKEX Filing