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Express News | Alibaba: On December 13, approximately 9.9919 million USD was spent to repurchase 0.9116 million shares.
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.
Sector Update: Consumer Stocks Advance Pre-Bell Monday
Alibaba Group Holding Limited (BABA) Is Attracting Investor Attention: Here Is What You Should Know
Sector Update: Consumer
Here's What To Make Of Alibaba Group Holding's (NYSE:BABA) Decelerating Rates Of Return
Alibaba Close to Selling Intime to Youngor Fashion for US$1 Bil — Bloomberg
AAPL, NVDA, or BABA: Which Tech Giant Could Offer the Highest Upside?
[Hong Kong Stock Connect] It is reported that Alibaba (09988) plans to sell Intime Department Store to Youngor Group.
Jinwu Financial News | According to reports citing sources, Alibaba (09988) plans to sell its shares in Intime Retail to the leading player in the textiles and Outfits Industry, Youngor Group. It is reported that both parties plan to hold a press conference to announce the Trade. Earlier this year in February, reports indicated that Alibaba had been in touch with several companies to assess their interest in acquiring Intime Retail. It is understood that Intime is part of Alibaba's New Retail Global Strategy. In 2017, in a privatization deal led by Alibaba, Intime was valued at approximately 4 billion USD (about 31.2 billion HKD).
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.
According to reports, Alibaba (09988.HK) plans to sell its stake in Intime to Youngor Group (600177.SH).
According to reports from mainland media, Alibaba (09988.HK) plans to sell its shares in Intime Retail to the leading company in the Textile and Outfits Industry, Youngor Group (600177.SH). Sources reveal that both parties are set to hold a press conference to announce the related Trade. As early as this February, there were reports indicating that Alibaba was in talks with several companies to assess their interest in acquiring Intime. Alibaba invested in Intime, which is listed in Hong Kong, in 2014, and in 2017, together with Intime's founder Shen Guojun, privatized Intime for a total value of approximately 19.8 billion yuan.
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.
"The Big Business" CCB International: Looking ahead to the Chinese internet industry in the coming year amidst headwinds, focusing on the moats of mature businesses, new development space, valuation enhancement space, and overseas expansion.
Zhaoyin International released a report, forecasting that next year, China's Internet Industry will move forward despite headwinds, and the introduction of substantial consumption-promoting policies may still be a key driver for structural valuation enhancement in the Sector. However, prior to this, the Sector may maintain volatility, with shareholder return levels, profit growth, and certainty being critical supports for valuation. Zhaoyin International suggests focusing on three main lines: the first is the competitive moat of mature businesses 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 potential in core businesses, the enhancement of advertising effectiveness empowered by AI technology, and the new growth brought by GPU cloud business.
What is Biden planning to do in the last few weeks of his term? The focus will be on AI, pardons, and climate goals...
① Biden plans to take action on AI, pardons, and other areas in the final weeks of his term; ② White House Communications Director Ben LaBolt revealed in a memo that Biden will focus on four major areas: AI, providing financial incentives, climate goals, and reducing sentences and pardons.
December 13 repurchase collection | TENCENT, AIA and others have repurchased shares, among which TENCENT spent 0.703 billion Hong Kong dollars.
According to the documents disclosed by the HKEX on December 16, TENCENT (00700.HK), AIA (01299.HK), and others have repurchased shares. ① TENCENT (00700.HK) repurchased 1.71 million ordinary shares on December 13, involving an amount of 0.703 billion HKD, with the repurchase price ranging from 414.6 HKD to 408.6 HKD per share. Since the repurchase authorization resolution, the total number of securities repurchased is 0.214 billion shares, accounting for 2.274% of the number of shares issued at the time the ordinary resolution was passed. ② AIA (01299.HK)
Express News | Xiangpiaopiao Food clarifies: "Ningbo Xiangpiaopiao Food Co., Ltd." has declared bankruptcy, with no interest relationship to the company.
Institutions: A "new approach" to evaluating the valuation of the US stock market.
Source: CICC Insights Authors: Liu Gang, Wang Zilin Last week, the Nasdaq Index first broke through the 0.02 million point barrier. Although concerns about high valuations and potential economic stagnation following Trump's inauguration remain, the U.S. stock market has continued to rally after the Fed's interest rate cut in September and especially after the November elections, with the three major indices repeatedly reaching new highs. Despite these concerns not reversing the upward trend of U.S. stocks, they have indeed increased alongside the market reaching new heights. So, at the current position, how high is the valuation of U.S. stocks? How high of a valuation level can the current growth and liquidity environment support? How should the valuation issue of U.S. stocks be viewed? In this regard, we take a longitudinal perspective.
Alibaba as a Value Play? Trump, Macro Fears Are Called Overblown for the E-commerce Giant
"The AI God" delivered a powerful speech: the era of "pre-training" dominated by computational power will end, the next generation belongs to "inference"; if machines have consciousness, then let them awaken!
Ilya Sutskever, former co-founder of OpenAI and founder of SSI, stated during his speech that the pre-training phase of AI model development is coming to an end. The future development of AI will focus on Asia Vets, synthetic data, and reasoning time computation. He elaborated on the immense potential of these three directions, for instance, synthetic data can overcome the limitations of real data volume, while reasoning time computation can enhance the efficiency and controllability of AI.