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Express News | Li Auto Down 2.1%, Xpeng Down 5.3%
Amazon's Low-Price Channel to Have Limited Impact on Temu Near Term -- Market Talk
0333 GMT - Amazon's planned rollout of a sales platform for cheap Chinese goods is unlikely to have a big impact on PDD's bargain shopping app Temu in the near term, Jefferies analysts say. Citing an
Express News | NetEase Down 2.6%, Baidu Down 1.3%
Express News | Alibaba Group Down 1%, JD.com Down 1.9%, PDD Holdings Down 1.4%
Express News | U.S.-Listed Shares of Chinese Companies Fall Premarket as China Stocks Close at 4-1/2 Month Low
Tianfeng Securities: East Buy's multiple self-operated commodity demand is strong, maintaining a "buy" rating.
Tianfeng Securities released a research report stating that they maintain a "buy" rating for Eastbuy (01797), and the company's expected revenue for FY24-26 are 6.1, 7.4, and 9.1 billion, respectively. After adjustment, the net income attributable to shareholders are 0.9, 1.04, and 1.23 billion, and earnings per share are 0.9, 1.0, and 1.2 yuan RMB/share. The bank insists on a bullish view of Eastbuy's core team capabilities, as self-produced products expand with SKU and supply strength, and brand advantages gradually strengthen with multi-platform synergy development. Tianfeng Securities' main viewpoints are as follows: In FY24H2, self-produced product GMV exceeds 3.6 billion yuan, a year-on-year increase of 108%. Recently, the company held
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SFRE Keith : With respect to leadership concerns, Joseph Tsai and Eddie Wu are perceived to lack sufficient experience. Could you please provide an explanation for this perception, considering that both individuals have been with Alibaba since its inception?
Thelord SFRE Keith: He is just another typical idiot, running down the company when stock price at the trough and promoting aggressively when prices at peak