Express News | Today, southbound funds had a net buy of 1.202 billion yuan. In the Hong Kong Stock Connect (Shanghai) segment, china mobile and ping an insurance received net buys of 0.364 billion HKD and 0.216 billion HKD respectively; meituan-W recorded the highest ne
U.S. stocks movement | alibaba pre-market up 1%, the continuously declining listed in hong kong stocks have stopped falling and rebounded, continuing to repurchase shares.
Grasp November 25th | Hong Kong stock alibaba, which has been falling continuously, rebounded by 1.55% today, driving alibaba (BABA.US) pre-market trading up by 1%. In terms of news, the company spent approximately $39.9927 million on November 21 to repurchase 3.7272 million shares. In addition, on November 21, alibaba group CEO Wu Yongming sent an email to all employees, announcing the establishment of alibaba e-commerce business group. (grasp)
Trump's tariffs are worrying! NRF: Could shrink usa consumers' spending power by $78 billion annually
① The National Retail Federation reports that the tariffs proposed by Trump could cost usa consumers between 46 billion and 78 billion dollars each year. ② Tariffs will lead to price increases on outfits, toys, furniture, and other products, which will ultimately be passed on to consumers by retailers; ③ Wall Street investment banks have pointed out that the imposition of high tariffs could severely impact economic growth, and retailers may collectively raise prices.
PDD's Valuation Takes Hit From Competition, Temu's Expansion Cost -- Market Talk
Express News | Hangzhou Metro Group has reached a strategic cooperation agreement with Alibaba Cloud.
Express News | Follow-up on the adjustment of Alibaba's e-commerce organization and some other details.