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The Central Economic Work Conference was held in Peking, and **** delivered an important speech.
The Central Economic Work Conference was held in Peking, where **** delivered an important speech, Li Qiang gave a summary speech, and ****, ****, Cai Qi, ****, and Li Xi attended the meeting.
Express News | Meituan launched a new Technology company for low-altitude Logistics that includes AI Software Development business.
【Brokerage Focus】CMB International: The introduction of substantial new consumer policies may still be the key driving factor for the structural improvement of valuations in the Internet Plus-Related sector.
Jinwu Finance | Zhao Yin International released the 2025 outlook for the Internet Plus-Related Industry, stating that the introduction of substantial policies to promote Consumer growth may still be the key driving factor for structural valuation improvements in the Sector. Before that, the Sector may maintain volatility, with Shareholder return levels, profit growth rates, and certainty being key supports for valuation. The bank recommends focusing on three main lines: 1) The competitive moat of mature Business and new development space, which may drive both performance and valuation increases: such as the gaming Sector benefiting from the release of new games, local life with further online penetration space in core Business, improvements in advertising effectiveness empowered by AI technology, and new additions brought by GPU cloud services.
Hong Kong Stock Market Midday Review | All three major Indices fell, the Technology Index decreased by about 2%; the technology sector, domestic real estate, and China-Affiliated Brokerage stocks declined, SUNAC fell over 6%, CITIC SEC dropped over 4%, an
Network Technology stocks performed poorly, SenseTime-W fell by 3.21%, MEITUAN-W dropped by 2.84%; Golden Industrial Concept stocks generally declined, RA SILK ROAD increased by 7.46%, LINGBAO GOLD fell by 4.75%; Semiconductors stocks weakened, SHEEN TAI rose by 5.82%, Semiconductor Manufacturing International Corporation decreased by 3.87%;
Special contributor Da V: Deng Shengxing: The market anticipates the discussions of the central economic work conference and the launch of a new round of Consumer voucher distribution activities in many regions of the mainland by the end of the year.
Jinwu Finance News | The Hang Seng Index closed at 20,397 on Thursday (October 12), gaining 242 points or 1.2%. The market had total trading volume of 157.7 billion yuan for the day. The Mainland Index rose by 110 points or 1.5%, closing at 7,360. The Science and Technology Index increased by 69 points or 1.5%, closing at 4,600. The market anticipates discussions from the Central Economic Work Conference, and with the year-end approaching, several regions in the mainland have launched a new round of consumer voucher distribution activities, reviving many domestic demand stocks. Mengniu (02319) soared by 7.2%, making it the best-performing blue chip; Bitcoin surpassed the 0.1 million USD mark, Bitcoin ETFs are popular, and Huaxia Bitcoin (03042) rose by 2.6%.
Express News | The transformation and upgrading of Internet Plus-Related platforms has entered a critical period.