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...
Chinese stocks – with the exception of some, such as Sunny Optical – are once again seeing a setback to their share price gains this week, after China released dismal GDP and retail sales figures on Monday morning. A closer look into the retail sales figures, as well as preliminary data released by the International Data Corporation on smartphone shipments, may help investors set expectations going ...
$MEITUAN-W(03690.HK)$disclosed in its statement that it repurchased 4.1866 million shares of the company on the Stock Exchange of Hong Kong at $118.7-120 per share on 15 July, involving a total amount of about $500 million. Since the repurchase authorization resolution was passed on 14 June, MEITUAN has repurchased a total of 75.3976 million shares, accounting for 1.2093% of its share capital. $Meituan ADR(MPNGY.US)$$Hang Seng Index(800000.HK)$
Mainland media reported that MEITUAN is planning to enter the lift advertising business. MEITUAN's WeChat public account posted a message about recruiting lift media advertising franchisees in lower-tier cities, offering equipment and business support. Franchisees will handle equipment setup, sales, and ad production. FOCUS MEDIA$Focus Media Information Technology(002027.SZ)$, a lift advertising company, saw its shares crash nearly 7%...
MET 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
$Alibaba(BABA.US)$ $BABA-SW(09988.HK)$ $TENCENT(00700.HK)$ $Tencent(TCEHY.US)$ $MEITUAN-W(03690.HK)$ $Meituan ADR(MPNGY.US)$ $JD.com(JD.US)$ $JD-SW(09618.HK)$ $Cainiao Smart Logistics Network Limited(810537.HK)$ $KUAISHOU-W(01024.HK)$ $XIAOMI-W(01810.HK)$ $CCB(00939.HK)$ $BANK OF CHINA(03988.HK)$
There was HKD583.1 million, HKD127.3 million and HKD21.6 million Southbound Trading net outflow from $TRACKER FUND OF HONG KONG(02800.HK)$ , $MEITUAN-W(03690.HK)$ and $SMIC(00981.HK)$ .
For $SH->HK Connect(GangGuTong.HK)$ , $TENCENT(00700.HK)$ was the most active ...
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...
A closer look into the retail sales figures, as well as preliminary data released by the International Data Corporation on smartphone shipments, may help investors set expectations going ...
$LENOVO GROUP(00992.HK)$ 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...
Since the repurchase authorization resolution was passed on 14 June, MEITUAN has repurchased a total of 75.3976 million shares, accounting for 1.2093% of its share capital.
$Meituan ADR(MPNGY.US)$ $Hang Seng Index(800000.HK)$
There was HKD529.9 million, HKD262 million and HKD143 million Southbound Trading net outflow from $TENCENT(00700.HK)$ , $XPENG-W(09868.HK)$ and $CNOOC(00883.HK)$ .
For $SH->HK Connect(GangGuTong.HK)$ , $CHINA MOBILE(00941.HK)$ was the most ac...
FOCUS MEDIA $Focus Media Information Technology(002027.SZ)$ , a lift advertising company, saw its shares crash nearly 7%...
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