In response to Canada’s proposal to impose additional tariffs on Chinese batteries and other products, a spokesperson from China’s Ministry of Commerce stated, "China urges Canada to respect the facts, abide by WTO rules, and not make repeated mistakes." The Ministry will closely monitor Canada's follow-up actions and take all necessary measures to resolutely safeguard the legitimate rights an...
$BABA-W (09988.HK)$recorded a 69% year-over-year increase in online orders during the first week of September, driven by strong overseas demand and a rise in the number of paid buyers. Key markets showing rapid growth include France, the UK, Italy, Australia, and the US. Sectors experiencing the most significant demand surge (over 80% growth) include automobiles and parts, consumer electronics, apparel, accessories, jewe...
Chinese media report that most cloud services affected by the fire at Alibaba Cloud's Singapore server room have resumed. However, some operations remain offline due to a power outage, pending physical restoration of the server room. Local fire authorities are still managing risks on-site, and Alibaba Cloud's engineers are awaiting access. If in-situ recovery is not feasible, a plan for relocating server equipment will be i...
CMS reports that$BABA-W (09988.HK)$was formally added to the Southbound Stock Connect, following its dual primary listing in Hong Kong and the U.S. The broker expects this move to increase liquidity by 10-15%. CMS remains optimistic about Alibaba's competitive position, growth rebound, and shareholder returns. It highlighted several factors improving Alibaba's outlook: 1. Focus on GMV growth and reduced co...
This figure is over 400,000 more than China Mobile, the company ranked second in terms of employee numbers.
$BYD Company Limited (002594.SZ)$ $BYD COMPANY (01211.HK)$ $XPeng (XPEV.US)$ $XPENG-W (09868.HK)$ $NIO Inc (NIO.US)$ $NIO Inc. USD OV (NIO.SG)$ $NIO-SW (09866.HK)$ $Tesla (TSLA.US)$
Sectors experiencing the most significant demand surge (over 80% growth) include automobiles and parts, consumer electronics, apparel, accessories, jewe...
Total revenue for the catering industry was 435.1 billion yuan, which rose 3.3%. (narrowed).
$Alibaba (BABA.US)$ $BABA-W (09988.HK)$ $MEITUAN-W (03690.HK)$ $PDD Holdings (PDD.US)$ $Pinduoduo Concept (BK0724)$ $JD-SW (09618.HK)$ $JD.com (JD.US)$ $Global X MSCI China Consumer Discretionary ETF (CHIQ.US)$
$Tencent (TCEHY.US)$ $Alibaba (BABA.US)$ $Hang Seng TECH Index (800700.HK)$ $China Concept Stocks (BK2517)$
Local fire authorities are still managing risks on-site, and Alibaba Cloud's engineers are awaiting access. If in-situ recovery is not feasible, a plan for relocating server equipment will be i...
Power generation +5.8% to 0.91TWh.
Automobile production -2.3% to 2.5 mln units, sedan -9.2%. NEVs +30% to 1.1 mln units.
Steel production -6.5%(-4.0% in Jul) to 1.11 trillion tons.
Cement fell by 11.9% y/y to 1.57 tln tons.
$BYD Company Limited (002594.SZ)$ $BYD COMPANY (01211.HK)$ $NIO Inc (NIO.US)$ $NIO Inc. USD OV (NIO.SG)$ $NIO-SW (09866.HK)$ $XPeng (XPEV.US)$ $XPENG-W (09868.HK)$ $Tesla (TSLA.US)$
There was HKD665.2 million and HKD192.3 million Southbound Trading net outflow from $MEITUAN-W (03690.HK)$ and $TENCENT (00700.HK)$ .
For $SH->HK Connect (GangGuTong)$ , $BABA-W (09988.HK)$was the most active stock with highest net inflow of HKD470 million...
2️⃣Aug. industrial production 4.5% y/y [Est.4.7%]
3️⃣Jan-Aug fixed asset investment 3.4% y/y [Est.3.5%]
Aug. Unemployment 5.3% [Prev. 5.2%]
*Missed expectations
$COUNTRY GARDEN (02007.HK)$ $CG SERVICES (06098.HK)$ $EVERGRANDE (03333.HK)$ $EVERG SERVICES (06666.HK)$ $BABA-W (09988.HK)$ $MEITUAN-W (03690.HK)$ $PDD Holdings (PDD.US)$ $JD-SW (09618.HK)$ $Global X MSCI China Consumer Discretionary ETF (CHIQ.US)$
CMS remains optimistic about Alibaba's competitive position, growth rebound, and shareholder returns. It highlighted several factors improving Alibaba's outlook:
1. Focus on GMV growth and reduced co...
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