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Prouger Group (2519.HK): A leader in cross-border e-commerce for home products, embarking on a new global strategy transformation.
This report introduces: the transformation is progressing in an orderly manner, the leading position is taking shape, the operation is advancing to a new level, and there is great potential in the market. Investment highlights: First coverage with a 'shareholding' rating. External operational disturbances are gradually easing, and the transformation of the company's home category is starting to show results, with future potential in the distribution channel.
Express News | Ouji Corporation successfully listed, showing a strong growth momentum for the furniture and home furnishings e-commerce giant.
Oriental Patron successfully listed in Hong Kong.
Oriental Patron successfully listed in Hong Kong.
New stock news | Cross-border e-commerce company Proud Base Corporation (02519) officially listed on the Hong Kong Stock Exchange today, earning nearly 0.2 billion in the first four months of this year.
On November 8th, Aokijigufen (02519) was officially listed on the Hong Kong Stock Exchange.
Profit doubled growth, Ourgame International Holdings Limited (2519.HK) ushers in a moment of transformation.
In a complex and volatile macro environment, various industries are facing severe challenges, but a few tracks have shown rapid development momentum, with cross-border e-commerce being one of them. According to statistics from the Ministry of Commerce, in the past 5 years, China's cross-border e-commerce trade volume has grown by more than 10 times. Preliminary statistics from the General Administration of Customs show that in the first three quarters of 2024, China's cross-border e-commerce imports and exports amounted to 1.88 trillion yuan, a year-on-year increase of 11.5%, higher than the overall growth rate of China's foreign trade by 6.2 percentage points during the same period. In addition, according to eMarketer data, the global e-commerce penetration rate has increased from 10.4% in 2017.
On the first day of listing, Ao Ji Shares (02519.HK) opened at HK$13.88, 11% lower than the IPO price.
Orientaltech Group (02519.HK) closed at 13.82 yuan in the dark market yesterday, a decrease of 11.4% from the listing price. On its first day of listing today, it opened at 13.88 yuan, a 11% decrease from the listing price of 15.6 yuan. A total of 4.506 million shares were traded in the opening session.
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