Chinese smartphone maker Honor, the former Huawei unit, is receiving an unusually high level of support from local government backers, as Honor prepares an IPO, according to policy documents and a person close to the matter. -Reuters $Huawei Hongmong(LIST0795.SH)$$Apple(AAPL.US)$$XIAOMI-W(01810.HK)$
$Apple(AAPL.US)$is ramping up pressure on$TENCENT(00700.HK)$and$ByteDance(FT0001)$to make fundamental changes to China’s most popular apps, demanding the two companies close loopholes that their in-app creators employ to funnel users to external payment systems, circumventing Apple’s typical 30% commission.
Jefferies' report highlights Alibaba's strategic focus on user experience and new measures like updated traffic allocation, free refunds, and service fees. These are expected to improve Customer Management Revenue (CMR) and narrow the growth gap between GMV and CMR in the second half of FY25. Jefferies also sees potential catalysts including Alibaba's upcoming dual listing in Hong Kong or inclusion in the Hong Kong Stock Connect, both ex...
$Huawei Hongmong(LIST0795.SH)$ $Apple(AAPL.US)$ $XIAOMI-W(01810.HK)$
Jefferies also sees potential catalysts including Alibaba's upcoming dual listing in Hong Kong or inclusion in the Hong Kong Stock Connect, both ex...
Improve the quality of online literature, performances, and online games, and deepen the governance of complex TV charges.
Enco...
Caixin July. Composite PMI 51.2 [Prev. 52.8]
*The services sector beat expectations but could not offset the negative impact from the manufacturing sector, the composite PMI was the weakest in 9 months.
$Hang Seng Index(800000.HK)$ $Hang Seng TECH Index(800700.HK)$ $BABA-SW(09988.HK)$ $TENCENT(00700.HK)$ $MEITUAN-W(03690.HK)$ $BIDU-SW(09888.HK)$ $KraneShares CSI China Internet ETF(KWEB.US)$
$TENCENT(00700.HK)$ $Tencent(TCEHY.US)$ $NetEase(NTES.US)$ $NTES-S(09999.HK)$
$TENCENT(00700.HK)$ incremented 0.3% to $359.2 after China approved 75 imported online games, including Rainbow Six Siege agented by TENCENT.
As for other tech stocks, $BABA-SW(09988.HK)$ closed the half-day flat ...
Morgan Stanley set a target price of HKD 450 for Tencent's Hong Kong stock, 25.6% higher than Friday's closing price.
$TENCENT(00700.HK)$ $Tencent(TCEHY.US)$ $China Concept Stocks(LIST2517.US)$ $Hang Seng TECH Index(800700.HK)$
shall wait for 东西风,港地没风
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