Ant Group Ecosystem
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Eight Overseas wallets have been integrated into WeChat Pay, allowing direct payment through WeChat scanning.
① WeChat Pay has added access for 8 Overseas Institutions wallets. ② WeChat Pay will also expand "outsourcing for internal use" to over 10 Overseas Institutions wallets in multiple countries and regions, including South Korea, Singapore, and Malaysia.
Alibaba Stock Rises Marginally In Overnight Trading On Robinhood Despite $1.3 Billion Loss From Sale Of Chinese Retail Chain Intime
Alibaba lost 9.3 billion and sold 100% of its shares in Intime, while Youngor Group made another successful investment.
① Alibaba will sell 100% equity of Intime Department Store to a buyer consortium composed of Youngor Group and Intime management team members. ② This year, Youngor Group has strengthened its investment in physical businesses, opening 13 new fashion experience stores offline. ③ Alibaba entered Intime in 2014 and gradually became the largest shareholder; as New Retail progressed to a decline, Alibaba ultimately let go of Intime.
Investing over 2 billion again! Zhongbao Investment, along with New China Life Insurance and others, establishes a new Fund as integrated circuit investment transforms from a "marathon" into a "relay race."
① Shanghai has become one of the centers of the integrated circuit industry in China, with significant contributions from insurance capital; ② China Insurance Investment and others have established a Fund, investing over 2 billion to take shares in the Shanghai integrated circuit Fund; ③ The advanced manufacturing industry, which is highly capital and technology-intensive, requires "live water" from insurance financial capital.
Alibaba Games is about to launch an attack.
Inject enthusiasm.
Alibaba Options Volume More Than Triples After China Vows to Bolster Growth
Jack Ma makes a rare public appearance and speaks out.
Guide the ants in the right direction.
Jack Ma appeared, coming for the future of Ant Group for the next 20 years.
"The future will ultimately be decided by doing things that are truly valuable and different."
Ant Group CEO Change of Guard
Return to growth.
China Pacific Insurance announced a stake in cosco ship engy listed in hong kong. Since November, there have been 7 instances of insurance capital acquiring stakes, possibly preparing for asset allocation next year.
① china pacific insurance announced that it has acquired shares in cosco ship engy listed in hong kong, with the company and its associates and concerted parties collectively holding 5.04%; ② china pacific insurance indicated that it does not rule out the possibility of further investment in the future; ③ insurance capital's enthusiasm for acquiring shares has increased towards the end of the year, with a total of 7 acquisitions since November, and industry insiders believe that insurance companies are beginning to prepare for asset allocation for next year.
New China Life Insurance acquired a stake in haitong sec's H shares, marking the first time in five years that an insurance institution has taken a stake in a listed brokerage, and it is still buying shares after the acquisition.
① New China Life Insurance announced today that it has made a significant investment in Haitong Sec listed in Hong Kong, with the latest announcement showing a shareholding ratio of 5.4846%. ② According to data from the industry association, this is the first time this year that insurance funds have taken a stake in brokerage stocks. It is also the first time in five years that they have taken a stake in brokerage stocks. ③ The latest announcement from yesterday (December 3) shows that New China Asset is still continuing to buy, having acquired 8 million shares of Haitong Sec on December 2 at a price of 7.0024 HKD per share.
0.5 billion "Aesthetic Culture" ignites the millet economy: saving offline business districts and supporting a trillion yuan market | Frontline
① Relevant data shows that in recent years, the number of pan-2D users in china has rapidly grown, and it is expected that by 2026, this number will further increase to 0.52 billion people. ② In recent years, many traditional retail locations have been poorly managed and have actively aligned with the consumption preferences of young people, introducing a large number of trendy toys and related merchandise. ③ The core of the guzi economy revolves around developing commodities that satisfy the emotional value of consumers based on intellectual property.
1688 has actually embarked on the road of OEM.
New exploration.
China Life Insurance has been approved to issue up to 35 billion in supplementary capital bonds. The bond issuance scale in the insurance industry this year is nearly 100 billion, yet some insurance companies are still restricted in financing due to low r
China Life Insurance fully redeemed the 2019 issued 35 billion yuan capital bonds on March 22; insurance companies may use low-interest new capital bonds to replace high-interest capital bonds; the raised funds will be used to supplement the company's tier 1 capital and support the continued healthy development of its business.
Alibaba's $71M Bet On Ably Corp Turns It Into South Korea's First Unicorn of 2024
AI guru started to shuffle madly.
Integration is on the rise.
Wang Xiao, partner at Qicheng Capital: In the era of consumer market stock, "competing on price" and "competing on value" are both important | Direct hit on the new consumption power conference.
1. Online retail has differentiated from shelf e-commerce to a type represented by pdd holdings, focusing on individual products and price mechanisms, as well as content e-commerce represented by Douyin. Both forms of e-commerce achieve precise matching of supply and demand through efficient algorithms and mechanisms. 2. In a market environment of stagnant or even declining volume, companies need to shift from opportunity-driven to capability-driven, from growth-first to efficiency-first, and from scale-oriented to value-oriented.
Alibaba Vs. PDD: A Grim Showdown In Chinese E-Commerce Stocks
china life insurance has completed the shareholding of bank of hangzhou. The original plan to "clear the warehouse" ended up retaining 0.85% of the shares, without disclosing whether further shareholding will continue.
①According to the latest announcement from Bank of Hangzhou, China Life Insurance has completed the shareholding reduction in this round, with a cumulative reduction of approximately 0.77 billion yuan. ②This round of shareholding reduction accounts for 1.00% of the total share capital, originally planned not to exceed 1.86%, and it is not disclosed whether the shareholding reduction will continue in the future. ③Within the year, many listed banks such as Bank of Hangzhou, Bank of Qilu, and Bank of Ningbo have disclosed that shareholders or senior management have reduced their holdings for various reasons.
"Post-85s" take control of Alibaba again.
Army group operations.