Express News | Meituan: Bought back 1.706 million shares on September 19th, with a repurchase price per share of HKD 127.8-130.1, with a total cost of approximately HKD 0.22 billion.
Meituan's subsidiary Chengdu Longzhu increased its capital to 1.895 billion yuan. Both the district-level and municipal-level state-owned asset platforms in Chengdu have invested.
Meituan Longzhu's co-founder and partner, Zhu Yonghua, said, "The investment has been determined earlier, but the change is only happening now. Chengdu Longzhu has gathered two investment platforms at the district and city levels in Chengdu. In recent years, Meituan Longzhu has also shifted from initially investing in consumer goods to "hard technology".
Express News | Alibaba has repurchased for two consecutive days, with a total expenditure of nearly 0.12 billion US dollars.
Express News | On the 19th, Tencent Holdings spent 1.002 billion Hong Kong dollars to repurchase 2.6 million shares.
After the Mid-Autumn Festival, the consumer loan interest rates of banks starting with the number "1" are gradually ending, with 2.88% still being the mainstream. The industry believes that in the long term, it will still enter the range starting with the
1. Although various commercial banks have all launched consumer loan promotional activities, the optimal level of annual interest rates for consumer loans is still maintained at 2.88%. 2. In order to increase the credit release efforts, banks have lowered the interest rates of consumer loans in exchange for quantity, and this has become a common situation in the consumer loan market. 3. With interest rates at a downward trend, consumer loan interest rates are expected to continue to decline, and the market's consumer loan levels may enter the single digits.
Alibaba CEO Wu Yongming: The entry threshold for advanced models will increase to tens of billions or even hundreds of billions of US dollars.
The greatest imagination of generative AI is not to create one or two new super apps on mobile screens, but to take over the digital world and transform the physical world. The entry threshold for the next stage of advanced models is on the scale of tens of billions or hundreds of billions of dollars. And robots will be the next industry to undergo tremendous changes, where all movable objects in the future will become intelligent robots.
The Fed has started an interest rate cut cycle, with funds flowing into Chinese assets! Which Hong Kong stocks have taken the lead?
With the stimulus of the upcoming interest rate cut by the Federal Reserve, Chinese assets have shown signs of a breakout in recent times. The Hang Seng Tech Index has risen for five consecutive trading days, and several high-performing stocks have also started the market trend this month.
Sensor Tower: In August, Chinese manufacturers accounted for 37.3% of the revenue of the top 100 mobile game publishers in the world.
Sensor Tower's Store Intelligence platform shows that in August 2024, a total of 34 Chinese manufacturers made it to the top 100 global mobile game publishers' revenue list.
The U.S. stock market hit a new high again, with Chinese concept stocks and cryptos surging! Waiting quietly for the "crucial moment".
After the overnight Dow Jones Industrial Average and S&P 500 index hit new highs in intraday trading, the Japanese stocks also opened strongly.
US stocks closed | S&P and Dow set new intraday highs, Chinese concept stocks performed well, li auto inc rose more than 12%.
In the late trading session, the US stock market saw a significant decline, but the S&P 500 index rose for the seventh consecutive day, and the Nasdaq and semiconductor index erased gains of more than 1%, with Intel rising 8% and closing up 2.7%, while Nvidia declined 1%. The Chinese concept index rose nearly 2%, and Li Auto Inc. rose more than 12%.
Express News | Meituan: Repurchased 1.2636 million shares on September 17, with a total expenditure of approximately HKD 0.16 billion.
Express News | Alibaba: repurchased 5.7328 million shares on September 16, spending approximately $59.981 million.
Express News | Tencent: Repurchased 2.64 million shares on September 17, costing approximately 1 billion Hong Kong dollars.
Express News | Meituan: repurchased 3.3521 million shares on September 16, with a total expenditure of approximately 0.42 billion Hong Kong dollars.
Express News | Alibaba: Repurchased 5.676 million shares on September 13, approximately $59.9816 million.
Express News | tencent: Repurchased 2.67 million shares on September 16, costing approximately 1 billion Hong Kong dollars.
Futu Express | Will the Fed's 'first cut' be fifty-fifty on the scale? This week will reveal the answer; the rate cut expectations trigger a 'golden tsunami'! Gold continues to refresh its highs.
Consumer confidence in the United States has risen to a new high since May, but remains cautious. For the first time in history, hedge funds have a net short position on Brent crude oil. Will the AI boom turn around? S&P Global predicts that NVIDIA's stock price could rise for at least another year.
Digital health is undergoing a major transformation! Ant Group Co., Ltd. acquires Haodafu Online.
Regarding the "marriage" of the two, industry insiders say that with its massive traffic pool and stable platform foundation, ant group co., ltd. complements the advantage of the tens of thousands of experienced and active doctor resources owned by Haodafu Online.
Choi Chung-shin, heavily increases his shareholding in Alibaba!
Over the past four months, Tsai Chongxin increased his shareholding in alibaba by approximately 1.45 million shares.
Express News | Meituan spent approximately 0.5 billion Hong Kong dollars to repurchase 4.0256 million shares.