China's state-holding enterprises' profit fell by 2.4% y/y to 0.944 trillion yuan Joint-equity's profit grew by 1.0% to 2.051 trillion yuan Foreign ventures+HK+MO+TW rise 12.6% to 0.683 trillion yuan Private enterprises +7.6% to 0.733 trillion yuan From January to May, the profit in China's mining sector fell by 16.2% y/y to 0.502 trillion yuan. The manufacturing sector rises 6.3% y/y 1.93 tln yuan. The electricity, heating, gas, and water supply sector +29.5% to 323.3 b...
$MEITUAN-W(03690.HK)$ , which is planning to launch lift advertising business, climbed 2.6% to $119.1. For other techs, $BABA-SW(09988.HK)$ hiked 1.3% to $76.4, while $TENCENT(00700.HK)$ gained 1....
For techs, $KUAISHOU-W(01024.HK)$ planned to repurchase no more than $6 billion of Class B ordinary shares, and its stock price opened 0.4% higher. $BABA-SW(09988.HK)$ and $MEITUAN-W(03690.HK)$ dipped 0.8% and 1.5%. $TENCENT(00700.HK)$ , $XIAOMI-W(01810.HK)$ and ...
The EU imposed additional tariffs on electric vehicles imported from China, and the China Association of Automobile Manufacturers (CAAM) stated that it was unacceptable due to negligence of facts. $GEELY AUTO(00175.HK)$ dropped 1.2%. $NIO-SW(09866.HK)$ CFO Feng ...
For techs, $TENCENT(00700.HK)$ added 0.6%, whereas $BABA-SW(09988.HK)$ dipped 0.1%. $BILIBILI-W(09626.HK)$ and $XIAOMI-W(01810.HK)$ dipped 0.1%. $JD-SW(09618.HK)$ sank 1.2%, being the worst-performing blue chip. $BIDU-SW(09888.HK)$ faded 0.2...
Tech stocks performed well. $TENCENT(00700.HK)$ opened nearly 2% higher at $386.8, $BABA-SW(09988.HK)$ opened 1.7% higher, and $BILIBILI-W(09626.HK)$ opened 3.3% higher. $MEITUAN-W(03690.HK)$ , $JD-SW(09618.HK)$ , ...
Techs were in a mixed bag. $BABA-SW(09988.HK)$ , having repurchased a total of 613 million shares of the company in the previous quarter, with a planned balance of US$26.1 billion, opened 1.7% higher. $TENCENT(00700.HK)$ dipped 0.7%. $MEITUAN-W(03690.HK)$ , $JD-SW(09618.HK)$ , ...
Auto stocks reveal June deliveries. Morgan Stanley commented that sales of $LI AUTO-W(02015.HK)$ ,...
For techs, $BABA-SW(09988.HK)$ opened dropping 1.3% at $70.6, $TENCENT(00700.HK)$ opened lowering 0.7% at $371.6, as $MEITUAN-W(03690.HK)$ and $JD-SW(09618.HK)$ opened falling ...
Joint-equity's profit grew by 1.0% to 2.051 trillion yuan
Foreign ventures+HK+MO+TW rise 12.6% to 0.683 trillion yuan
Private enterprises +7.6% to 0.733 trillion yuan
From January to May, the profit in China's mining sector fell by 16.2% y/y to 0.502 trillion yuan.
The manufacturing sector rises 6.3% y/y 1.93 tln yuan.
The electricity, heating, gas, and water supply sector +29.5% to 323.3 b...
China's $SSE Composite Index(800146.HK)$ drops 0.66%, $CSI 300 Index(800122.HK)$ is down 0.7%.
$Amazon(AMZN.US)$ will launch a Temu-like store that ships directly from China. E-commerce s...
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