Capital trends | Northbound funds purchased nearly 6 billion HKD worth of Tencent, while selling Meituan and ANTA SPORTS.
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Alibaba-W (09988.HK) spent 39.98 million USD to repurchase 3.835 million shares on January 8.
Gelonghui January 9 │ Alibaba-W (09988.HK) announced that on January 8, it spent 39.98 million US dollars to repurchase 3.835 million shares.
Express News | Alibaba Group : Jefferies Raises Target Price to $144 From $143
Taobao and Tmall are launching dozens of measures to optimize the business environment, leading the e-commerce Industry to return to value competition.
In 2024, after taking the lead in the e-commerce Industry by loosening the 'refund only' policy and launching 'Return Treasure', Taobao has once again 'released' dozens of measures to optimize the business environment and protect merchants' rights. On January 9, Taobao Tmall announced at the merchant service conference that it would establish the first integrity system for accounts in the e-commerce Industry, working with merchants to build a healthy e-commerce ecosystem. It is reported that for behaviors such as abnormal refund-only requests, return item exchanges, false returns, and online image/photo editing, merchants can report these through complaints to enter them into the account integrity system. Depending on the situation, the platform may reject after-sales requests, limit purchase in single stores or on the platform; for professional exploiters, Taobao Tmall will also cooperate with relevant departments for further action.
Major bank rating丨BOCOM INTL: It is expected that the revenue growth Range of mainland e-commerce platforms will be between 8% and 14% this year.
BOCOM INTL published a report indicating that yesterday the National Development and Reform Commission and the Ministry of Finance released the "Notice on Implementing Large-scale Equipment Renewal and Consumer Goods Replacement Policies by 2025", expanding the 8 categories of household appliances in the consumer goods market for 2024 to 12 categories. In the first quarter of this year, according to the press conference, considering the consumer demand during the New Year's Day and Spring Festival, a subsidy fund of 81 billion yuan for old-for-new consumer goods has already been allocated. Compared to last year's 50 billion yuan/20% subsidy ratio for household appliances, it is expected that the first quarter will drive the sales of household appliances, digital products, and other categories to exceed 150 billion yuan, compared to the retail sales of communication equipment in the first quarter of 2024.
Elon Musk Agrees That We've Exhausted AI Training Data
