$KUAISHOU-W (01024.HK)$ensure you have stop loss. Think it's affected by tencent's WeChat shopping platform gifting launch and collaboration with apple. Not sure if there will be recovery in the near term.
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Mind to elaborate? How would that affect kuaishou?
102385756
OP
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Tencent is growing it's "social ecommerce". Kuaishou is basically social (short video) and ecommerce also rit hence negative sentiment. Not just KS, Alibaba also dropped. Whether it will actually eat away KS's market - not sure.
102385756
OP
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Huajin Securities: Weixin Shop New Function Promotes Internal & External Traffic Cycle, Formation of Complete/ Closed-loop Ecosystem of WeChat E-commerce
The Hong Kong stock market extended its downward trend today, with all three major indices closing lower in a broad-based decline. Market sentiment remained weak amid widespread selling pressure. By the close of trading: The Hang Seng Index fell 0.88% to 19,795.49 points; The Hang Seng Tech Index dropped 1.45% to 4,414.70 points; The China Enterprises Index declined 0.75% to 7,132.69 points. Investor confi...
As of December 2024,$ZHONGSHENG HLDG (00881.HK)$Zhongsheng Group Holdings Ltd (HKG: 881) is trading at approximately HKD 16.08, reflecting a 1.01% increase for the day. Over the past year, the stock has experienced a decline of about 12.89% . Financial Overview: • Market Capitalization: $4.87 billion. • Trailing P/E Ratio: 9.86, suggesting the stock may be undervalued relative to earnings. • Revenue (TTM): HKD 24.74 billion. • Net Income (TTM): HKD 493.87 mi...
KST Futures(DEC4) Forum
The Hang Seng Index fell 0.88% to 19,795.49 points;
The Hang Seng Tech Index dropped 1.45% to 4,414.70 points;
The China Enterprises Index declined 0.75% to 7,132.69 points.
Investor confi...
Financial Overview:
• Market Capitalization: $4.87 billion.
• Trailing P/E Ratio: 9.86, suggesting the stock may be undervalued relative to earnings.
• Revenue (TTM): HKD 24.74 billion.
• Net Income (TTM): HKD 493.87 mi...
HK market is done.. Strong earnings it drop 13% market open. who will invest and believe in HK market 🤔
$Hang Seng Index (800000.HK)$
$HSI Futures(DEC4) (HSImain.HK)$
➡️Online retail sales +16% (big improvement)✅
➡️Property Price Index -5.9% (slightly worsened)🔻
➡️Fixed asset investment +3.4% (same)
➡️Industrial production +5.3% (slightly worsened)🔻
➡️Unemployment rate 5.0% (slightly better)✅
China’s consumer economy is picking up a great deal of momentum in October and setting the stage for a strong 4Q for the likes of $BABA-W (09988.HK)$ $JD-SW (09618.HK)$ $PDD Holdings (PDD.US)$ $MEITUAN-W (03690.HK)$ $BILIBILI-W (09626.HK)$ $KUAISHOU-W (01024.HK)$ $Kraneshares Tr Bosera Msci China A Sh Etf (KBA.US)$ $iShares MSCI China ETF (MCHI.US)$ $KraneShares CSI China Internet ETF (KWEB.US)$
TikTok-like $KUAISHOU-W (01024.HK)$ booms 10.7% on news the platform is entering the Brazil e-commerce market with Kwai Shop. They already have 60m users in the country for Kuaishou.
HK share premiums to ADRs as follows:
$BABA-W (09988.HK)$ +2.9% premium
$JD-SW (09618.HK)$ +2.4% pre...
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