This summer, car rental bookings in China have nearly doubled year-on-year, according to Alibaba's travel service platform, Fliggy. Popular cities for car rentals include Chengdu, Urumqi, and Sanya. The number of rentals for models like Xiaomi SU7, GWM POER, and Trumpchi M8 has grown exponentially. $ALIBABA GROUP HOLDING LTD(BABAF.US)$$Alibaba(BABA.US)$$BABA-SW(09988.HK)$$XIAOMI-W(01810.HK)$
$Apple(AAPL.US)$still saw a 3.1% y/y decline, while Huawei grew 50.2% on the low base. According to IDC analyst, Huawei$Huawei Hongmong(LIST0795.SH)$was the leader in the market despite the US trade restrictions, further closing the gap with Apple in the >US$600 segment. $XIAOMI-W(01810.HK)$
$Apple(AAPL.US)$ranked sixth with a market share of 14%, a decrease of 2% from the second quarter of the previous year. vivo reclaimed the 1 spot by shipping 13.1 million units, capturing a 19% market share. This growth, a 15% increase over the previous year, was driven by strong performance in offline channels and robust online sale...
The market once again speculated a rate cut by the Fed, as the US PCE inflation last month was in line, shoring up the DJIA by 654 pts or 1.6% last Friday (26th). The Hong Kong stock market opened higher this morning, echoing the external market.$Hang Seng Index(800000.HK)$opened 175 pts or 1% higher at 17,196;$Hang Seng China Enterprises Index(800100.HK)$opened 64 pts or 1.1% higher at 6,074; and$Hang Seng TECH Index(800700.HK)$opened 48 pts or 1.4% higher at 3,491. For techs,$BABA-SW(09988.HK)$and ...
This week brings notable updates to the Warrant Heatmap. Red Pentagons have appeared on the Warrant Heatmap for Hong Kong underlyings such as Alibaba Group Holding Limited (9988 HK; ALIBABA), Xiaomi Corp (1810 HK; XIAOMI), BYD Company (1211 HK; BYD), JD.com, Inc (9618 HK; JDCOM) and Meituan (3690 HK; MEITUAN), as well as for the Dow Jones Industrial Average® Index (DJIA). Additionally, investors can also use the Warra...
Baichuan AI raised RMB5 billion in its Series A financing round, with investors including$BABA-SW(09988.HK)$,$TENCENT(00700.HK)$,$XIAOMI-W(01810.HK)$, and state-owned industrial investment funds like the Beijing and Shanghai Artificial Intelligence Industry Investment Funds. The company plans a Series B round with a valuation of RMB20 billion. Founded last year by Wang Xiaochuan, the creator of Sogo...
$ALIBABA GROUP HOLDING LTD(BABAF.US)$ $Alibaba(BABA.US)$ $BABA-SW(09988.HK)$ $XIAOMI-W(01810.HK)$
$Hang Seng Index(800000.HK)$ fell by 1.1%, $BABA-SW(09988.HK)$ , which soared 4.7% yesterday, opened 0.1% higher at $76.65 this morning, and $TENCENT(00700.HK)$ sagged 0.8% at $355.4.
Merchants were reportedly displeased with the new penalty rules of Temu, a subsidiary of...
According to IDC analyst, Huawei $Huawei Hongmong(LIST0795.SH)$ was the leader in the market despite the US trade restrictions, further closing the gap with Apple in the >US$600 segment.
$XIAOMI-W(01810.HK)$
For techs, $BABA-SW(09988.HK)$ and ...
Additionally, investors can also use the Warra...
$EAST BUY(01797.HK)$ shares opened cratering 15% at $10.54 after Dong Yuhui quit the company and the company announced its intention to buy back up to RMB500 million ...
$BYD Company Limited(002594.SZ)$ $BYD COMPANY(01211.HK)$ $XPeng(XPEV.US)$ $XPENG-W(09868.HK)$ $NIO Inc(NIO.US)$ $NIO Inc. USD OV(NIO.SG)$ $NIO-SW(09866.HK)$ $XIAOMI-W(01810.HK)$
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