Express News | Alibaba: On November 1st, spent approximately $19.9728 million to repurchase around 1.6332 million shares.
Tmall's november 11 shopping festival-related, unexpected outbreak of home appliances.
From platforms to enterprises, and then to the policy level, this year's singles' day sales is considered a very important topic to promote consumer spending and maintain growth. As a result, this year's singles' day sales has been quite significant for several years. For consumers, there are now more reasons to reignite their enthusiasm for consumption.
[Brokerage Focus] CITIC Securities Liang expects alibaba (09988) target price of HK$124, expecting its third-quarter total revenue to increase by 4.8% year-on-year.
King's wealth newsletter | Zhongxin Liang pointed out in a recent article that, affected by the policy of trading in old for new, China's retail sales in August/September have slightly improved, but the macro environment still presents challenges. The bank has set a target price of HK$124 for Alibaba (09988), expecting the group's total revenue in the third quarter to increase by 4.8% year-on-year to 235.5 billion RMB, GMV to increase by about 6%, and CMR to increase by about 2% year-on-year. International retail trade is expected to maintain a year-on-year growth of about 30%, while cloud computing is expected to grow by 8% year-on-year. However, due to continued investments, the group's adjusted pre-tax profit may decrease by 5% year-on-year. The bank expects revenue growth and profitability to improve in the next quarter.
On November 4th, buyback rally | hsbc holdings, aia and other companies have started buybacks, with hsbc holdings spending 0.197 billion Hong Kong dollars.
According to hkex disclosure on November 5, hsbc holdings (00005.HK), aia (01299.HK), among others, repurchased shares. ① Hsbc holdings (00005.HK) repurchased 2.7484 million shares of common stock on November 1, involving an amount of 0.197 billion Hong Kong dollars, with a repurchase price per share ranging from 71.85 Hong Kong dollars to 71.4 Hong Kong dollars. ② Aia (01299.HK) repurchased 1 million shares of common stock on November 4, involving an amount of 62.0256 million Hong Kong dollars, with a repurchase price per share ranging from 62.25 Hong Kong dollars to 6
Selected announcement | Yum China's net income in the third quarter increased by 22% year-on-year; Yuexiu Property's sales in October increased by about 47%.
Ronshinechina: Sales in October were 0.659 billion yuan, a decrease of 61.12% year-on-year; Agile Group: Contract sales in October were 1.39 billion yuan, a decrease of about 60% year-on-year.
Sealand Securities: It is recommended to pay attention to the layout opportunities of the overall improvement in the margins of the e-commerce industry in the future.
Sealand Securities maintains its 'recommended' rating on the overseas industry, bullish on the performance recovery of traditional e-commerce platforms and live e-commerce platforms, and recommends focusing on the layout opportunities as the overall margin of the e-commerce industry improves in the future.