Meituan's third-quarter revenue reached 93.6 billion yuan! Wang Xing: the goal is to become a global company.
① Besides Meituan Select, the other new business as a whole achieved profitability in the third quarter. ② Wang Xing emphasized that the scale of the Keeta business is still small and in its early development stage, and future international expansion will not be rushed.
IEMG ETF Rises 0.4%
Express News | Tencent Holdings: Repurchased 1.76 million shares on November 29, spending approximately 0.7 billion Hong Kong dollars, with prices ranging from 395-402.4 Hong Kong dollars per share.
Meituan's Q3 revenue is 93.577 billion yuan, a year-on-year increase of 22.4%.
The adjusted net income for Q3 was 12.829 billion yuan, a year-on-year increase of 124.0%.
Open source and equally capable as O1! Alibaba and Hifanty successively release heavyweight new products, large-scale reasoning model closely approaching OpenAI.
The rise of large inference models in the industry provides an opportunity for smaller AI developers to catch up, and the development costs of inference models are lower than those of traditional large models. Latecomers can reference research papers and data from organizations like OpenAI when building large models.
Daily Bull and Bear | The Hang Seng Index futures closed at 19,455 points, with an inflow of 61 million HKD in net long positions yesterday! HSBC: Meituan will announce results today, pay attention to related warrants.
As of the close, the Stock Market had a turnover of 108.2 billion Hong Kong dollars; the total turnover of all Warrants amounted to 11.8 billion Hong Kong dollars, accounting for 10.9% of the market turnover, with a 6.9% proportion of Bullish Warrants and a 4.1% proportion of Bearish Warrants.
AI guru started to shuffle madly.
Integration is on the rise.
Express News | Alibaba: On November 27, approximately 39.9911 million US dollars were used to repurchase 3.6796 million shares.
Express News | Tencent: On November 28, repurchased 1.75 million shares, totaling approximately 0.7 billion Hong Kong dollars, with a price per share of 397.6-403.8 Hong Kong dollars.
High revenue growth, record high profits, increased buybacks! How do you view Meituan's performance?
High revenue growth, record high profits, increased buybacks! How do you view Meituan's performance?
Wang Xiao, partner at Qicheng Capital: In the era of consumer market stock, "competing on price" and "competing on value" are both important | Direct hit on the new consumption power conference.
1. Online retail has differentiated from shelf e-commerce to a type represented by pdd holdings, focusing on individual products and price mechanisms, as well as content e-commerce represented by Douyin. Both forms of e-commerce achieve precise matching of supply and demand through efficient algorithms and mechanisms. 2. In a market environment of stagnant or even declining volume, companies need to shift from opportunity-driven to capability-driven, from growth-first to efficiency-first, and from scale-oriented to value-oriented.
Daily Bull and Bear | The long and short situation has reversed! The Hang Seng Index night futures closed at 19,678 points, with bull certificates regaining the upper hand; Tencent has broken through HKD 400, with several bull certificates doubling and su
As of the market close, the total market turnover was 138.9 billion Hong Kong dollars; all warrants bull bear certificates totaled 12 billion Hong Kong dollars in turnover, accounting for 8.7% of the total market turnover, with a 4.7% proportion of good position and a 4.0% proportion of light position.
Futu Daily News | The inflation indicators favored by the Federal Reserve rebound! The attitude towards interest rate cuts in December may be more cautious; the Central Office and the State Office issued the 'Action Plan to Effectively Reduce Logistics Co
The Fed's favorite inflation indicator rebounds! The usa's core PCE price index for October is 2.8% year-on-year; strong consumer spending drives steady growth of 2.8% in the usa's third-quarter GDP; Trump's team is considering digital assets advocate Atkins to serve as SEC chairman.
U.S. stock market closes | All three major indexes fall, Dell plummets over 12% after earnings; Chinese concept stocks warm up, Jinlong Index rises by nearly 3%; bitcoin rebounds sharply, microstrategy rises by nearly 10%.
The Dow ended a five-day rally, falling from record highs along with the S&P; small cap stocks struggled to rebound. Dell and hp inc plummeted over 10% after earnings reports. Chinese concept stocks rebounded by nearly 3%, while Ideal autos surged almost 7%.
IEMG ETF Closes Flat
Express News | Alibaba: On November 26, approximately $39.9861 million was spent to repurchase 3.7463 million shares.
Express News | tencent: On November 27, repurchased 1.77 million shares at a total cost of approximately 0.704 billion Hong Kong dollars, with a price per share of 392.2-405.8 Hong Kong dollars.
Sensor Tower: "Honor of Kings" crowned global mobile game revenue champion in October, with monthly income increasing by 10% month-on-month.
According to Sensor Tower's "App Performance Insights" data, Tencent's (00700) "Honor of Kings" claimed the title of global mobile game revenue champion in October 2024, with a month-on-month income growth of 10%, mainly driven by the application stores in china.
Daily Bulls and Bears | The battle between bulls and bears is intense! The Hang Seng Index has shrunk in volume, dipping below 19,000 points, with several callable bull/bear contracts experiencing high volatility; Societe Generale: The second largest Hong
As of the market close, the total market turnover was 122.2 billion Hong Kong dollars; all warrants and callable bull/bear contracts totaled 11.6 billion Hong Kong dollars, accounting for 9.5% of the total market turnover, of which long positions accounted for 5.3% and short positions accounted for 4.2%.
US stocks closed | The three major indices rose together, with Dow Jones and S&P hitting new highs; tariff threats dragged down auto stocks, general motors fell 9%
Waiting for PCE inflation, the Fed's November minutes support gradual rate cuts, temporarily suppressing US bond yields and the dollar while gold rallies. The Dow turns higher at the end of the day, hitting new highs for three consecutive days, while small cap stocks fall from the highest level in six days, with chip stocks down more than 1%, but nvidia rebounds by 0.7%. Tesla reverses its decline, Nio falls by 7.7%, Amgen's weight loss drug once fell by more than 12%, and Dell falls more than 9% after hours.