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Jiaogepengyou (01450.HK) "november 11 shopping festival-related" GMV exceeded 6.4 billion RMB, a year-on-year increase of 158%.
Friend (01450.HK) announced that during this year's november 11 shopping festival-related large-scale promotional activities, the total channel transaction volume (GMV) exceeded 6.4 billion RMB, a year-on-year increase of 158%, with a cumulative order volume exceeding 7.14 million orders, reaching a new high in the history of promotional activities. Among them, performance on the Douyin and Taobao Live platforms was strong, with significant increases in transaction volumes in each live broadcast. GMV on the Douyin platform increased by 63% year-on-year in the main live broadcasts, while the total transaction volume in the Douyin vertical live broadcasts increased by 60%. The GMV of Friend's Taobao live broadcasts increased by 73% compared to the same period last year.
HK Stock Movements | Be Friends Hldg (01450) rises by over 9%, with a year-on-year GMV growth of 18.44% in the first three quarters, welcoming singles' day sales with a good start.
Be friends hldg (01450) rose more than 9%, as of the deadline for submission, up 9.52%, at 1.15 Hong Kong dollars, with a turnover of 1.6341 million Hong Kong dollars.
In the differentiated market situation, the certainty of be friends hldg (01450.HK) may be worth a closer look.
The stimulus policy introduced at the end of September ignited the capital markets, with global funds flocking in to grab opportunities. The violent surge in the Hong Kong stock market during the National Day holiday period was eye-catching. However, the short-term surge also led to a significant amount of profit-taking, intensifying market volatility. This trend indicates that the market is shifting from a general rise to a phase of adjustment and differentiation. Therefore, focusing on the company's fundamentals to find more certain investment opportunities becomes especially important. At this moment, a report from Gaofeicheng caught the author's attention. Gaofeicheng predicted that Be Friends Hldg's revenue in 2024 will increase by 30%-40% and issued a "BUY" rating for the company.
October 17th buyback gathering | Hsbc holdings, aia and others have all engaged in buyback, with hsbc holdings spending 0.108 billion Hong Kong dollars.
According to the hkex disclosure on October 18, hsbc holdings (00005.HK), aia (01299.HK), and others repurchased shares. ① Hsbc holdings (00005.HK) repurchased 1.59 million shares of common stock on October 16, involving 0.108 billion Hong Kong dollars, with a repurchase price per share ranging from 68.1 Hong Kong dollars to 67.55 Hong Kong dollars. ② Aia (01299.HK) repurchased 0.9848 million shares of common stock on October 17, involving 62.1821 million Hong Kong dollars, with a repurchase price per share ranging from 64.45 Hong Kong dollars.
Repurchase assembly on October 16 | hsbc holdings, aia and others have repurchased, with hsbc holdings spending 0.107 billion Hong Kong dollars.
According to hkex's disclosure on October 17, both hsbc holdings (00005.HK) and aia (01299.HK) repurchased shares. ① HSBC Holdings (00005.HK) repurchased 1.5788 million ordinary shares on October 15, involving 0.107 billion Hong Kong dollars, with the repurchase price per share ranging from 68.55 Hong Kong dollars to 67.35 Hong Kong dollars. ② AIA (01299.HK) repurchased 0.9778 million ordinary shares on October 16, involving 62.0181 million Hong Kong dollars, with the repurchase price per share ranging from 63.
be friends hldg (01450.HK) repurchased 0.044 million shares on October 16th.
On October 16, Geelong Holdings (01450.HK) announced that on October 16, 2024, it spent 0.049 million Hong Kong dollars to repurchase 0.044 million shares, at a repurchase price of 1.11-1.12 Hong Kong dollars per share.
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