China's internet plus-related giants are growing the fastest! Morgan Stanley: Meituan aims for 300 Hong Kong dollars.
Morgan Stanley believes that by 2030, the scale of China's instant retail market will grow to 2 trillion yuan. Alibaba and jd.com are losing market share in this sector, while Meituan is the company most likely to seize this opportunity. Currently, Meituan's Hong Kong stock price needs to rise by 75.64% to reach Morgan Stanley's predicted 300 HKD per share.
Express News | Xiaomi Group continues to rise, now up more than 5%, its stock price hits a new high since June 2021.
The Hang Seng Index may undergo a "major transformation" in December: Pop Mart and Kuaishou are expected to be included, bringing the number of constituent stocks back to 100.
Currently, the Hang Seng Index in Hong Kong includes 82 stocks, with the ultimate goal of expanding the number of constituent stocks to 100. Analysis suggests that the medical care industry is still the least represented industry in the Hang Seng Index, while consumer staples, discretionary items, real estate, and construction may receive higher weights in the review in the fourth quarter of this year.
Daily Bull and Bear | Yesterday, there was a net outflow of 18 million HKD in the short position of Hong Kong stocks; Geely saw a top reversal of 10%, recording inflows into the long position for two consecutive days.
Hang Seng Index futures closed at 19,601 points, up 12 points; Hong Kong stocks recorded a net inflow of 13 million Hong Kong dollars in the good warehouse, and a net outflow of 18 million Hong Kong dollars in the light warehouse; the top five stocks with net inflow in the good warehouse are Hang Seng Index, Alibaba, Kuaishou, Meituan, Geely.
Futu Morning Post | SEC Chairman is planning to step down in January next year! The cryptocurrency industry may face significant regulatory changes; Google's antitrust case escalates! Android system also faces the threat of being split.
Microstrategy's stock price plummeted over 16%, and Citron claims that shorting the stock hedges against bitcoin; apple plans to launch a revamped Siri in 2026, adding more self-developed ai; alibaba announced the establishment of an e-commerce business group.
What does Alibaba's 'making big' in e-commerce mean? |K Commentary
Alibaba's current adjustment continues the global strategy of focusing on e-commerce business and AI technology since Daniel Zhang took over as Alibaba Group CEO last year. Some industry insiders analyzed that based on previous major adjustments by Alibaba, it is expected that the integrated e-commerce business group will further adjust its organizational structure and team management.