Douyin Local Life is testing a "Shopping on the Way Price" feature, allowing users to pay for group-buy orders and see other group-buy items within 1 km at prices below the regular rates, known as "Shopping on the Way, Exclusive Offer." This feature aims to attract more merchants to join Douyin Local Life and encourage users to make more purchases on Douyin through subsidies, enhancing Douyin's strategy of "store identifyin...
Shenwan Hongyuan: Inflation’s “K-shaped recovery” continues, with PPI’s return to positive territory potentially slower than market expectations. The delay is due to the impact of capacity utilization rates, with November projected for PPI’s year-on-year positive shift. Galaxy Securities: June core CPI saw a moderate rise, and PPI improvement requires policy support. Falling food prices, except pork, led to a month-on-month decline in CPI. Three main factors for continued ...
JDC Futures(JUL4) Forum
Temasek has long been one of the biggest institutional investors in China, which accounted for 29% of its portfolio as recently as 2020.
Per Bloomberg
$Alibaba(BABA.US)$ $BABA-SW(09988.HK)$ $TENCENT(00700.HK)$ $Tencent(TCEHY.US)$ $MEITUAN-W(03690.HK)$ $Meituan ADR(MPNGY.US)$ $JD.com(JD.US)$ $JD-SW(09618.HK)$ $Cainiao Smart Logistics Network Limited(810537.HK)$ $KUAISHOU-W(01024.HK)$ $XIAOMI-W(01810.HK)$ $CCB(00939.HK)$ $BANK OF CHINA(03988.HK)$
Shanghai $SSE Composite Index(800146.HK)$ -0.6%, $Shenzhen Component Index(399001.SZ)$ -0.65%, $CSI 300 Index(800122.HK)$ -0.7%.
Technology stocks declined at open along with the external market. $BABA-SW(09988.HK)$ and $TENCENT(00700.HK)$ dropped 1% at open, while $MEITUAN-W(03690.HK)$ , $JD-SW(09618.HK)$ a...
$LENOVO GROUP(00992.HK)$ issued 1.15 billion warrants, and its share price lost 2.2% to $10.72. $PING AN(02318.HK)$ ntended to issue US$3.5 billion convertible bonds, and its share p...
$MEITUAN-W(03690.HK)$ , which is planning to launch lift advertising business, climbed 2.6% to $119.1. For other techs, $BABA-SW(09988.HK)$ hiked 1.3% to $76.4, while $TENCENT(00700.HK)$ gained 1....
Inflation’s “K-shaped recovery” continues, with PPI’s return to positive territory potentially slower than market expectations. The delay is due to the impact of capacity utilization rates, with November projected for PPI’s year-on-year positive shift.
Galaxy Securities:
June core CPI saw a moderate rise, and PPI improvement requires policy support. Falling food prices, except pork, led to a month-on-month decline in CPI. Three main factors for continued ...
🔸June CPI experienced a seasonal m/m decrease.
🔸The core CPI rose by 0.6% y/y, unchanged.
🔸Food prices dropped by 2.1% y/y, decline expanded.
🔸Beef and mutton fell by 13.4% and 7.1% y/y, amid oversupply.
🔸Pork prices rise by 18.1% y/y, vs +13.5 PPS vs May.
🔸Vegetables -7.3% y/y, +9 pps vs May.
For y/y price changes
🔽Food, tobacco & liquor -1.1%
🔼Clothing +1.5%
🔼Accomodation +0.2%
🔼Necessities & services +0.9%
🔽Transportation & Communication -0.3%
🔼Education, Cultur...
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