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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.
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Sensor Tower: In 2024, 'Temu' won the Global e-commerce application download ranking and growth ranking championship.
In 2024, 'Temu' continues to maintain rapid global expansion, topping the total download charts of mobile applications in over 40 countries and winning the championship in global e-commerce application downloads and growth rankings.
[Brokerage Focus] BOCOM INTL expects the revenue growth Range of e-commerce platforms to be between 8-14% in 2025.
Jinwu Financial News | BOCOM INTL stated that on January 8, the National Development and Reform Commission and the Ministry of Finance issued a notice regarding the "Implementation of Large-Scale Equipment Renewal and Consumer Product Replacement Policies by 2025". This expands the 8 major categories of consumer electronics in the 2024 consumer goods market to 12 categories and implements a 15% subsidy for mobile digital products. The bank indicated that the press conference introduced the consideration of consumption demand during the New Year and Spring Festival, and has already allocated 81 billion yuan for the consumer product replacement subsidy. The bank expects that in the first quarter, this could drive sales of home appliances and digital products to exceed 150 billion yuan, estimating that the subsidy will lead to approximately 31 billion yuan in sales on Tmall and JD.com for home appliances and digital products respectively.
Hong Kong stock Concept tracking | The State-owned Assets Supervision and Administration Commission supports the vigorous development of AI. Under the "catfish effect," the AI Industry Chain is expected to remain highly prosperous (including Concept stock
Tan Zuojun stated that it is necessary to vigorously develop AI and promote the high-quality development of central enterprises.
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Alibaba-W (09988.HK) spent 39.99 million USD to repurchase 3.78 million shares on January 7.
Gelonghui January 8丨Alibaba-W (09988.HK) announced that on January 7, it spent 39.99 million USD to repurchase 3.78 million shares.
Hong Kong Stocks Mark Three-Day Losing Streak on Worries Over Strong US Labor Market
Thunderbird Launches AI-Powered V3 Glasses in Partnership With Alibaba for CES 2025
Where is the next AI Trade? Morgan Stanley: Discover Alpha from the 'AI Diffusion Rate'.
Analysts believe that the diffusion rate of AI will continue to drive excess returns, with the Software Sector potentially outperforming the Semiconductors Sector due to the widespread adoption of AI agents. As the diffusion rate increases, the Financial Sector may present significant trading opportunities similar to those of AI Electric Power.
Tmall released its 2024 store opening report showing an 83% year-on-year growth in newly settled merchants.
On January 7th, Tmall released the 2024 annual merchant store opening report.
The "gift-giving" trend continues to go viral! Taobao has joined the battle, and Concept stocks have hit a ceiling of 20cm.
① Taobao launched the 'Send Gift' feature. ② WeChat Mini Programs will start the gray-scale testing of the 'Send Gift' feature in December 2024. ③ Institutions hold an optimistic attitude towards the 'Send Gift' feature.
TikTok, Alibaba Push Indonesia E-Commerce Pioneer Bukalapak Into Retreat
Hong Kong stock morning report on January 8: The Ministry of Industry and Information Technology is conducting a trial for 10G optical networks; Mixue Ice City has obtained registration from the China Securities Regulatory Commission for its Hong Kong IPO
① The State Council: Venture Capital Funds should focus on developing new quality productive forces. ② Ministry of Industry and Information Technology: Launching pilot projects for 10-gigabit optical networks. ③ Apple's spring "budget version" iPhone new model will start mass production in mid-January 2025. ④ Mi Xue Bing Cheng's Hong Kong IPO has been filed with the China Securities Regulatory Commission.