In Q2 2024,$Contemporary Amperex Technology (300750.SZ)$achieved revenue of 86.996 billion yuan, down 13.18% YoY but up 9.06% QoQ. Net profit was 12.355 billion yuan, up 13.4% YoY and 17.55% QoQ.
$Contemporary Amperex Technology (300750.SZ)$has surpassed Kweichow Moutai, with Tencent Holdings becoming the third-largest holding for public mutual funds. As of the end of Q2 this year, the top 50 holdings of public mutual funds are primarily distributed across consumer goods and services, as well as the information technology sector.
Russia's Nornickel is in talks with several Chinese battery companies to build a plant jointly producing nickel material from Russian semi-finished products.-Reuters CNGR Advanced Material and Brunp Recycling, a subsidiary of Chinese battery giant CATL, are among the firms approached by Nornickel. $Contemporary Amperex Technology (300750.SZ)$
Ant Group has introduced a new "Global Investment" section on the "Wealth Management" homepage of Alipay, showcasing QDII fund products targeting multiple overseas markets, including the U.S., Japan, Europe, Southeast Asia, and Hong Kong. Regarding whether the launch of the "Global Investment" section is a strategic move, Ant Fund responded that the platform consistently promotes diversified asset allocation and does not single out any section as ...
Ant Digital Technologies, the tech commercialization arm of Ant Group, is now operating independently. Its main entity, Ant Chain (Shanghai) Digital Technology, has completed a RMB 2 billion capital increase, according to Sina Tech. In March, Eric Jing, Chairman and CEO of Ant Group, announced organizational upgrades, including Jiang Guofei's departure and Zhao Wenbiao's appointment as CEO of Ant Digital. Ant Digital aims to leverage...
Alipay, a subsidiary of Alibaba (BABA), announced a RMB1 billion cash investment to support content creators at the "2024 Alipay Content Open Day." The initiative also includes tens of billions in traffic and RMB100 million in resources to help creators monetize their content. Alipay's content strategy aligns with user needs, integrating with end-to-end service scenes. Guo Hong, Head of Content Operation, emphasized Alipay's distincti...
Improve the quality of online literature, performances, and online games, and deepen the governance of complex TV charges.
Enco...
Net profit was 12.355 billion yuan, up 13.4% YoY and 17.55% QoQ.
CNGR Advanced Material and Brunp Recycling, a subsidiary of Chinese battery giant CATL, are among the firms approached by Nornickel.
$Contemporary Amperex Technology (300750.SZ)$
Regarding whether the launch of the "Global Investment" section is a strategic move, Ant Fund responded that the platform consistently promotes diversified asset allocation and does not single out any section as ...
$Cainiao Smart Logistics Network Limited (810537.HK)$ $Ant Financial Concept (BK0362)$ $Ant Group Ecosystem (BK1287)$ $BABA-SW (09988.HK)$ $Alibaba (BABA.US)$ $ByteDance (FT0001.FT)$ $ByteDance Ecosystem (BK1266)$ $KraneShares CSI China Internet ETF (KWEB.US)$
The HQ will focus on AI, safety technology, mobile technology, and SaaS services, and will house a digital technology R&D center and Ant Research for basic and cutting-edge tech development.
$Ant Financial Concept (BK0362)$ $ALIBABA GROUP HOLDING LTD (BABAF.US)$ $Alibaba (BABA.US)$ $BABA-SW (09988.HK)$
In March, Eric Jing, Chairman and CEO of Ant Group, announced organizational upgrades, including Jiang Guofei's departure and Zhao Wenbiao's appointment as CEO of Ant Digital.
Ant Digital aims to leverage...
Alipay's content strategy aligns with user needs, integrating with end-to-end service scenes.
Guo Hong, Head of Content Operation, emphasized Alipay's distincti...
As the Company already has relatively extensive coverage in Asia, it is looking to expand into markets such as the Middle East, Latin America and Europe, Feagin added.
$ALIBABA GROUP HOLDING LTD (BABAF.US)$ $Alibaba (BABA.US)$ $BABA-SW (09988.HK)$ $Ant Group Ecosystem (BK1287)$ $Ant Financial Concept (BK0362)$
No comment yet