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 7th, approximately 39.99 million dollars was spent to repurchase 3.7808 million shares.
8 Consumer Discretionary Stocks Whale Activity In Today's Session
Express News | The Prime Ministers of Kyrgyzstan, Uzbekistan, and Tajikistan held discussions to strengthen cooperation.
Alibaba-W (09988.HK) spent 39.99 million USD to repurchase 3.78 million shares on January 7.
Gelonghui January 8丨Alibaba-W (09988.HK) announced that on January 7, it spent 39.99 million USD to repurchase 3.78 million shares.
Hong Kong Stocks Mark Three-Day Losing Streak on Worries Over Strong US Labor Market
Where is the next AI Trade? Morgan Stanley: Discover Alpha from the 'AI Diffusion Rate'.
Analysts believe that the diffusion rate of AI will continue to drive excess returns, with the Software Sector potentially outperforming the Semiconductors Sector due to the widespread adoption of AI agents. As the diffusion rate increases, the Financial Sector may present significant trading opportunities similar to those of AI Electric Power.
Hong Kong market quick look | Hong Kong stocks narrowed in losses in the afternoon, the Hang Seng Index fell nearly 1%; tech and Apple Supplier stocks declined, SUNNY OPTICAL dropped over 7%, Xiaomi fell nearly 4%; Weichai Power surged over 11%.
Network Technology stocks weakened, XIAOMI-W fell 3.95%, NTES-S rose 2.98%; Coal Industrial Concept stocks weakened, YANKUANG ENERGY fell 4.73%, KINETIC DEV fell 3.94%; Many Mobile Game stocks declined, INFINITIES TECH rose 10.00%, BOYAA fell 8.88%;
Morgan Stanley's investment rating and target price for Chinese Network Technology stocks (table)
Morgan Stanley released a report stating that it has updated the investment ratings and Target Prices for Chinese Network Technology stocks: Stock │ Investment Rating │ Target Price Tencent (00700.HK) │ Shareholding │ HKD 570 Trip.com (TCOM.US) │ Shareholding │ USD 81 MEITUAN-W (03690.HK) │ Shareholding │ HKD 200 TONGCHENGTRAVEL (00780.HK) │ Shareholding │ HKD 25 NetEase (NTES.US) │ Shareholding │ USD 108 Full Truck (YMM.US) │ Shareholding │ USD 10 New Oriental (EDU.US) │ Shareholding │ USD 83 PDD Holdings
Express News | In 2025, the experience of receiving national subsidies on Tmall has been upgraded, in collaboration with UnionPay to integrate Cloud Flash Payment.
Tmall released its 2024 store opening report showing an 83% year-on-year growth in newly settled merchants.
On January 7th, Tmall released the 2024 annual merchant store opening report.
The "gift-giving" trend continues to go viral! Taobao has joined the battle, and Concept stocks have hit a ceiling of 20cm.
① Taobao launched the 'Send Gift' feature. ② WeChat Mini Programs will start the gray-scale testing of the 'Send Gift' feature in December 2024. ③ Institutions hold an optimistic attitude towards the 'Send Gift' feature.
Express News | PENG JIN from ANT GROUP CO., LTD.: In 2025, the enhancement of model capabilities will go hand in hand with risk prevention.
TikTok, Alibaba Push Indonesia E-Commerce Pioneer Bukalapak Into Retreat
Tmall collaborates with Silver Union to integrate with Cloud Payment, receiving government subsidies without needing to redirect.
On January 8, according to Yicai, Tmall and UnionPay have reached a cooperation today, integrating Cloud Flash Payment. Consumers can directly receive government subsidies through Cloud Flash Payment within the Taobao App, simplifying the steps for consumers to claim the subsidies. It is reported that this is the first e-commerce platform that allows consumers to receive Cloud Flash Payment government subsidies without any redirection. The first batch will be launched in Sichuan Province, with plans to promote it nationwide next.
According to reports, Taobao has launched a "gift giving" feature on a small scale, with a collection time limit of 24 hours.
According to a report by Sina Technology, the Taobao client has launched a "Gift Giving" feature in a limited scope. Taobao customer service stated that this feature is a recently launched activity, which will continue without a specific end date yet. Some Orders for this feature support WeChat Pay, but the gift collection is only valid within 24 hours; gifts will automatically expire after that time, and combining multiple Commodities for gifting is not supported for now. It is understood that, similar to WeChat's "Red Packet," Taobao also supports gifting of Commodities. Users on the Taobao platform can choose Commodities that are "Support Gift Giving," click "Go to Gift Giving" to complete the order payment (no need to fill in delivery address), click to send to friends, and use Taokou.
January 7th buyback summary | TENCENT, HSBC Holdings, and others have carried out buybacks, among which TENCENT spent 1.501 billion HKD.
According to a disclosure by HKEX on January 8, TENCENT (00700.HK), HSBC Holdings (00005.HK), and others have repurchased shares. ① TENCENT (00700.HK) repurchased 3.93 million common shares on January 7, involving an amount of 1.501 billion HKD, with a repurchase price ranging from 392.4 HKD to 376.8 HKD per share. Since the repurchase authorization resolution, the cumulative number of repurchased securities is 0.239 billion shares, accounting for 2.541% of the total shares issued at the time the ordinary resolution was passed. ② HSBC Holdings (00005.HK) on January
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