Taobao has launched a "Gift Giving" feature: the collection time limit is 24 hours, and the Spring Festival "Gift Giving War" is intensifying.
As the Spring Festival approaches, the major platforms have quietly kicked off the "gift-giving battle."
Express News | Alibaba: On January 6, approximately 9.9897 million dollars were spent to repurchase 0.9288 million shares.
Last year, the average Logistics Indices of China's e-commerce rose to 113.7 points, reaching a nearly seven-year high.
The China Logistics and Purchasing Federation and JD.com jointly released the 2024 China E-commerce Logistics Indices, showing that the average value of the China E-commerce Logistics Indices in 2024 is 113.7 points, an increase of 3.6 points compared to 2023, setting a new high in nearly seven years. This marks a continuous expansion of the mainland e-commerce logistics market scale, significantly improved supply capacity and service levels, and a noticeable enhancement in market activity. Looking ahead to 2025, with the ongoing promotion of policies and continuous market development, it is expected that the mainland e-commerce logistics industry will continue to maintain steady growth. From the overall Logistics industry perspective, the demand for social logistics in the mainland is expected to be boosted, and logistics running will remain warm.
Hong Kong stock morning report on January 8: The Ministry of Industry and Information Technology is conducting a trial for 10G optical networks; Mixue Ice City has obtained registration from the China Securities Regulatory Commission for its Hong Kong IPO
① The State Council: Venture Capital Funds should focus on developing new quality productive forces. ② Ministry of Industry and Information Technology: Launching pilot projects for 10-gigabit optical networks. ③ Apple's spring "budget version" iPhone new model will start mass production in mid-January 2025. ④ Mi Xue Bing Cheng's Hong Kong IPO has been filed with the China Securities Regulatory Commission.
Alibaba Options Spot-On: On January 7th, 107.95K Contracts Were Traded, With 2.73 Million Open Interest
On January 7th ET, $Alibaba(BABA.US)$ had active options trading, with a total trading volume of 107.95K options for the day, of which put options accounted for 34.08% of the total transactions, and
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Express News | Taobao has launched a "Gift Giving" feature: it is valid for 24 hours, and some orders support WeChat payment.
USA Consumer spending has overcome Wall Street's skepticism! Online sales during the holiday shopping season have reached a new high.
Adobe stated that online sales during the holidays in the USA reached a record high of 241 billion dollars.
Does Alibaba Group Holding (NYSE:BABA) Have A Healthy Balance Sheet?
Software IP Licensor Ceva Says Its NeuPro-Nano Embedded AI NPUs Gain Traction In AIoT And MCU Markets
Express News | Kaifu Lee responded to the personnel changes and business split of Zero One Vending: blindly insisting on things that cannot be afforded is not a healthy choice.
Ambarella Launches N1-655 Edge GenAI System-On-Chip (SoC) To Support Large-Language Models
Express News | Roche: Currently, the global production capacity of "Sufuda" is leaning towards the China market.
Transsion (688036.SH) under AI smartphone is equipped with Tongyi Qianwen large model.
Shenzhen Transsion Holdings Co., Ltd. (688036.SH) has reached a partnership with Alibaba Cloud, and the Tongyi Qianwen large model has been successfully integrated into the AI smartphone PHANTOM V Fold2 launched by Transsion's Technology brand TECNO. In the future, both parties will conduct in-depth exploration on the application terminal of the large model, with plans to deploy more models on Alibaba Cloud's network.
Tmall's 2024 store opening report: new stores increased by 83% year-on-year.
Tmall released the 2024 annual merchant store opening report, showing an 83% year-on-year growth in new merchants entering Tmall in 2024. Within a year of joining Tmall, 32 brands achieved sales exceeding 100 million yuan, 733 brands surpassed 10 million yuan in annual sales, and 1,600 brands exceeded 5 million yuan in annual sales. In terms of regions, the entrepreneurial vitality of brands in the CNI Zhujiang Index continues to lead in 2024. Guangzhou secured the title of the top city for brand entrepreneurship in 2024, with over 12,000 new stores registered in Tmall located in Guangzhou. Besides Guangzhou, there are also brands in Shenzhen, Jinhua, Quanzhou, Xuzhou, Wenzhou, Zhengzhou, Dongguan, Xiamen, and Foshan.
JD.com (09618.HK): is gradually opening up to the use of Alipay.
Wang Shancheng, director of the Comprehensive Division of the National Development and Reform Commission, stated that during last year’s "Double Eleven," Tmall already allowed the use of WeChat Pay, and JD.com (09618.HK) will also integrate Alipay. Alipay customer service indicated that it has supported payments on JD.com. JD.com customer service stated that it is gradually opening up the use of Alipay, and some merchants and special Commodities cannot use Alipay. When Alipay is unavailable, options such as JD.com Payment, Cloud Flash Payment, and WeChat Pay can be selected.
Citi's investment ratings and target prices for Chinese Network Technology stocks (table).
Citigroup published a research report, listing the investment ratings and Target Prices for Chinese Network Technology stocks as follows: Stock | Investment Rating | Target Price (HKD) Alibaba-W (09988.HK) | Buy | 132 HKD MEITUAN-W (03690.HK) | Buy | 203 HKD TENCENT (00700.HK) | Buy | 573 HKD TONGCHENGTRAVEL (00780.HK) | Buy | 21 HKD ------------------------------------------------- Alibaba (BABA.US) | Buy | 1.
Hong Kong Stock Market Afternoon Review | All three major indices fell, with the Hang Seng Index down nearly 2%; Network Technology stocks declined, with Tencent down nearly 7% and Xiaomi down over 8%; some mineral stocks rose against the trend, with CGN
Network Technology stocks fell, with XIAOMI-W down 8.13% and TENCENT down 6.79%; Biotechnology stocks declined, with EVEREST MED-B down 6.35% and WUXI BIO down 4.22%; Shipping and Ports stocks weakened, with COSCO Shipping Holdings down 3.47% and CHINA MER PORT down 2.49%.
National Development and Reform Commission: Promote e-commerce and other platforms to actively enhance interoperability.
At a press conference, Wang Shancheng, director of the Comprehensive Department of Institutional Reform of the National Development and Reform Commission, stated that efforts have been made to promote e-commerce stakeholders to actively enhance platform interoperability. Last year on "Double Eleven," Tmall allowed WeChat Pay, and JD.com is about to integrate Alipay, gradually eliminating barriers between platforms. The notice on the "Guidelines for the Construction of a Unified National Market (Trial)" mentions that regions must not restrict the free flow of commodities and factors across regions, must not impose unreasonable conditions to exclude, restrict, or prohibit local operators from providing goods and services to other areas, and must not use forms such as targeted subsidies or local recommendation catalogs to reinforce protection for local products or specific products.