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Express News | The joint statement of the China-USA Geneva Economic and Trade Talks has been released.
Alibaba has entered the market, and the three giants are fiercely competing in instant retail.
New growth points for e-commerce.
Express News | Brazil's trade and investment promotion Institution: Meituan will invest approximately 5 billion Brazilian reals to enter the Brazilian takeout market through the Keeta application.
The TRACKER FUND OF HONG KONG had a net Outflow of 5.602 billion Hong Kong dollars.
Northbound capital flow showed a net Outflow from TRACKER FUND OF HONG KONG (02800.HK), Tencent (00700.HK), and Xiaomi Group (01810.HK), reaching 5.602 billion HKD, 3.665 billion HKD, and 2.116 billion HKD respectively. For SH->HK Connect, the highest net Inflow active stock was Meituan (03690.HK) at 0.127 billion HKD, while the highest net Outflow stock was TRACKER FUND OF HONG KONG (02800.HK) at 3.197 billion HKD. For SZ->HK Connect, the highest net Inflow active stock was Alibaba (09988.HK) at 0.179 billion HKD, while the highest net Outflow.
Sino-U.S. talks bring warmth! The financial markets welcome "Mad Monday," with Hong Kong stocks rising above 23,000 points, and Pre-Market Trading skyrocketing across the board.
This high-level economic and trade dialogue between China and the United States has achieved substantial progress, significantly reducing bilateral tariff levels. The U.S. has canceled a total of 91% of the additional tariffs, and China has correspondingly canceled 91% of the counter-tariffs; the U.S. has suspended the implementation of a 24% "reciprocal tariff," and China has also correspondingly suspended the implementation of a 24% counter-tariff.
Express News | Today, southbound funds had a significant net sell of 18.528 billion yuan. In the Hong Kong Stock Connect (Shanghai), TRACKER FUND OF HONG KONG and TENCENT had net sells of 3.197 billion HKD and 1.475 billion HKD respectively; MEITUAN-W had the highest ne