$Alibaba (BABA.US)$$BABA-SW (09988.HK)$ Alibaba Group Q1 FY2025 earnings conference call is scheduled for August 15 at 7:30 EDT /August 15 at 7:30 PM SGT / August 15 at 9:30 PM AEST. Subscribe to join the live earnings conference with management NOW! Beat or Miss? What do you expect from Alibaba Group's Q1 earnings? Will the company beat or miss the estimates? Make sure to click the "Book" button to get what management has to say! Disc...
Gradual recovery in consumption and the rainy season help turn the CPI m/m to positive. The core CPI rose by 0.3% y/y, from -0.1%. Food prices rose by 1.2% y/y, from -0.6%. Vegetables and eggs rose by 9.3% and 4.4% y/y, due to bad weather. Pork prices rise by 20.4% y/y, vs +2.3 PPS vs June. For y/y price changes Food, tobacco & liquor +0.2% Clothing +1.7% Accomodation +0.1% Necessities & services +0.7% Transportation & Communication -0.6% Education, Culture & Entertainment ...
AliExpress, BABA's cross-border e-commerce platform, has partnered with three top overseas warehouses: Winit, GoodCang, and Sea & Mew Warehouse. This partnership offers merchants easier access to overseas hosting services and potential RMB10 billion in subsidies for qualifying products. Merchants in the U.S., U.K., and Germany will benefit from worry-free contracts and dedicated support from the warehouses. $ALIBABA GROUP HOLDING LTD (BABAF.US)$$Alibaba (BABA.US)$$BABA-SW (09988.HK)$
More and more Chinese consumers started to sell their idle items in recent years, and there has been a significant increase in the number of second-hand transactions conducted directly through the internet, according to Chinese media. The second-hand e-commerce transaction scale in 2023 amounted to RMB548.65 billion, up 14.25% YoY, the report quoted data from Chinese e-commerce platforms as saying. The user scale was 580 million, up 25...
Galaxy Securities believes that export concerns are emerging, and growth-stabilizing policies need to be strengthened. With consumer spending remaining sluggish in the first half of the year and real estate investment continuing to bottom out, foreign trade's contribution to the economy has become increasingly prominent. If export growth slows down in the future, policies will need to be further strengthened to meet the annual economic growth target, and new policies and tools may be directed t...
Alibaba Group Q1 FY2025 earnings conference call is scheduled for August 15 at 7:30 EDT /August 15 at 7:30 PM SGT / August 15 at 9:30 PM AEST. Subscribe to join the live earnings conference with management NOW!
Beat or Miss?
What do you expect from Alibaba Group's Q1 earnings? Will the company beat or miss the estimates? Make sure to click the "Book" button to get what management has to say!
Disc...
The core CPI rose by 0.3% y/y, from -0.1%.
Food prices rose by 1.2% y/y, from -0.6%.
Vegetables and eggs rose by 9.3% and 4.4% y/y, due to bad weather.
Pork prices rise by 20.4% y/y, vs +2.3 PPS vs June.
For y/y price changes
Food, tobacco & liquor +0.2%
Clothing +1.7%
Accomodation +0.1%
Necessities & services +0.7%
Transportation & Communication -0.6%
Education, Culture & Entertainment ...
$ALIBABA GROUP HOLDING LTD (BABAF.US)$ $Alibaba (BABA.US)$ $BABA-SW (09988.HK)$
As a result, U.S. stocks opened higher and collectively closed near their daily highs. $S&P 500 Index (.SPX.US)$rose more than 2%, marking its biggest gain since November 2022, $Nasdaq Composite Index (.IXIC.US)$gained nearly 2.9%, $Dow Jones Industrial Average (.DJI.US)$surged over 680 points, $Russell 2000 Index (.RUT.US)$ climbed 2.4%, the Chinese Con...
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The second-hand e-commerce transaction scale in 2023 amounted to RMB548.65 billion, up 14.25% YoY, the report quoted data from Chinese e-commerce platforms as saying. The user scale was 580 million, up 25...
With consumer spending remaining sluggish in the first half of the year and real estate investment continuing to bottom out, foreign trade's contribution to the economy has become increasingly prominent. If export growth slows down in the future, policies will need to be further strengthened to meet the annual economic growth target, and new policies and tools may be directed t...
Imports +6.6% y/y
Trade balance at $84.65 bln in USD term, Est.$99.2 bln
Exports +7.0% y/y, Est. +9.5%
Imports +7.2% y/y, Est. +3.0%
China's Jan-Jul exports +4.0% y/y, imports +2.8% y/y, trade surplus $518 billion, +7.9%. (in USD terms)
Jan-Jul exports +6.7% y/y, imports +5.4% y/y, trade surplus 3.69 trillion yuan, +10.6%. (in $CNY terms)
$BABA-SW (09988.HK)$ $Alibaba (BABA.US)$ $JD.com (JD.US)$ $JD-SW (09618.HK)$ $PDD Holdings (PDD.US)$ $Pinduoduo Concept (BK0724)$
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