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Express News | Citigroup: A survey shows that subsidies are effective in driving demand for home appliances, and consumers are willing to spend more on travel.
Express News | Alibaba: On December 13, approximately 9.9919 million USD was spent to repurchase 0.9116 million shares.
AAPL, NVDA, or BABA: Which Tech Giant Could Offer the Highest Upside?
Express News | Is Alibaba planning to sell Intime Department Store to Youngor Group? Youngor responded: The listed company has no undisclosed information that should be disclosed.
Hong Kong Stock Afternoon Review | All three major Indices fell, with the Tech Index down 1%; Network Technology stocks weakened, with SenseTime down over 3%; Cryptos Concept stocks rose against the trend, with BOYAA up nearly 6%.
Network Technology stocks weakened, SenseTime-W fell by 3.23%, XIAOMI-W dropped by 2.23%; most Securities and Brokerage stocks declined, China Merchants fell by 2.96%, China International Capital Corporation dropped by 2.45%; most Apple Supplier stocks declined, TK GROUP HLDG rose by 3.45%, AAC TECH fell by 2.86%.
Large banks' ratings丨China Merchants International: Looking ahead to next year, the Chinese Internet Plus-Related Industry will move forward against headwinds, focusing on mature Business moats, new development space, valuation enhancement potential, and
According to a report published by China Merchants International on December 16, they forecast that next year the Internet Plus-Related Industry in China will face headwinds, and the introduction of substantial consumer-promoting policies may still be a key driving factor for the structural enhancement of the sector's valuation. Before that, the sector may maintain turbulence, while shareholder return levels, profit growth rates, and certainty could be key supports for valuation. China Merchants International suggests focusing on three main lines: first, the moat of mature businesses and their new development space, which may drive a double increase in performance and valuation: for example, the gaming sector benefiting from the release of new games, local life with further online penetration space in core businesses, and advertising effectiveness improved under the empowerment of AI technology.