Express News | JD.com responds to Miniso becoming yonghui superstores's largest shareholder: bullish on the future synergy development of both parties.
Miniso (09896.HK) invests 6.27 billion RMB to acquire 29.4% of mainland Yonghui Superstores shares.
Miniso (09896.HK) announced the acquisition of 29.4% of the shares of yonghui superstores (601933.HK) from the Milk Company and jd.com (09618.HK), involving approximately 2.668 billion shares. The cash consideration is 6.27 billion RMB (approximately 6.916 billion Hong Kong dollars), equivalent to RMB 2.35 per share, to be paid with internal resources and financing. Yonghui superstores is a chain supermarket operator with a focus on fresh commodity operation, mainly operating large comprehensive supermarkets, hypermarkets, and community supermarkets, with a total of approximately 850 stores nationwide in over 25 provinces and municipalities.
US stock market outlook | The three major futures are all up, with technology giants slightly rising pre-market, Intel up nearly 5%; Goldman Sachs bullish on s&p 500 reaching 6000 points! Expects a rebound after short-term volatility.
Fed senior official Kashkari: Expected to further cut interest rates by 50 basis points within the year; Bank of America warns: Bubble risks resurfacing, recommends buying bonds and gold; Is Harris coming from behind? Poll support rate continues to climb, already leading Trump in all aspects.
Express News | Yonghui Superstores: Shareholders intend to transfer shares according to agreement.
Stocks in the US are moving | jd.com rose more than 1.6% before the market opened. The number of merchants aiming at singles' day sales exceeding 5 million has increased by over 50%.
Gelonghui September 23|JD.com (JD. US) pre-market trading in the US rose more than 1.6%, reaching $29. On the news front, recently at the JD.com 11.11 Merchant Ecological Partner Conference, JD.com Group CEO Xu Ran stated that the company will invest the greatest resources, starting from the core dimensions of traffic, operation, and services most concerned by merchants, striving to provide merchants with a new experience of 'more traffic, faster operation, better service, and lower costs', aiming to help the number of small and micro merchants with daily sales exceeding 10,000 yuan double compared to last year during the JD.com 11.11 period, while also aiming to increase the number of merchants with sales exceeding 5 million by more than 50% year-on-year.
Hong Kong Market Speed Reads | The three major indices surged and then fell back, with the technology index and Hang Seng Index stopping the continuous rise; Electrical utilities stocks rose against the market trend, with CGN Power rising more than 5%.
Network technology stocks performed poorly, Xiaomi Group-W rose by 3.37%, Meituan-W fell by 2.28%; Electrical utility stocks rose, CGN Power increased by 5.24%, Huaneng Power International shares rose by 3.52%; Coal industrial concept stocks performed well, China Qinfa rose by 8.70%, Kinetic Dev increased by 7.35%;
jd.com logistics (02618.HK) participated in the transportation exhibition and unveiled new generation unmanned vehicle technology.
JD.com logistics (02618.HK) announced that the 16th International Transportation Technology and Equipment Exhibition will be held at the Beijing Steel Park from September 22 to 24. JD.com logistics was invited to participate and built a booth with the theme "Technological Innovation, Empowering Sustainable Transportation", focusing on showcasing JD.com logistics' core achievements and latest developments in logistics technology, international business, ESG, and more. In the technology innovation exhibition area, JD.com logistics displayed widely-applied drones, drones, and other logistics robots, as well as the digital map service platform "Together with Maps" and various applications of artificial intelligence technology. In the low-altitude logistics field, the JDX50 exhibited this time.
Hong Kong stock market midday review | Hong Kong stocks continue to rise, the Hang Seng Index rose nearly 1%, temporarily recording its 9th consecutive rise; Xiaomi rose nearly 4%, with its stock price hitting a three-year high; electrical utilities stock
Network technology stocks weakened, Xiaomi Corporation-W up 3.87%, jd.com-SW up 1.95%; Electric power stocks performed well, cgn power up 5.94%, huaneng power up 4.46%; Apple supplier stocks rose, aac tech up 4.75%, byd electronic up 2.62%;
Institutions: After the Fed interest rate cut, how much room does the Hong Kong stock rebound have?
Due to its greater sensitivity to external liquidity and the linked exchange rate system, Hong Kong has greater short-term flexibility, following interest rate cuts and other factors.
DBS Maintains JD.com(JD.US) With Buy Rating, Raises Target Price to $39
DBS analyst Tsz Wang maintains $JD.com(JD.US)$ with a buy rating, and adjusts the target price from $37 to $39.According to TipRanks data, the analyst has a success rate of 66.7% and a total average
Is JD.com (JD) the Best Affordable Stock To Buy Right Now?
Express News | Market Supervision Administration: Strictly investigate online stores and live streaming counterfeit goods, Taobao, Pinduoduo, and other 81 platforms have signed a self-discipline convention.
Express News | jd.com Xu Ran: The number of merchants that sold over 5 million on 11.11 is expected to increase by over 50%.
This week's hot US stocks | Chinese concept stocks surge! Li Auto Inc and jd.com lead the way; with the Federal Reserve interest rate cut implemented, the financial crediting sector benefits and rises.
usa's used car dealer Carvana has risen for four consecutive days this week, with a cumulative increase of over 20%, also setting a new high for the year, with a total increase of 222.5% this year.
JD.com sells licensed electric bicycles online in mainland China.
The Beijing News Ke Holdings Finance reported that jd.com Automobiles launched the first online branded electric bicycle in mainland China, and delivered it earlier in Guan County, Langfang, Hebei. JD.com delivery staff provided on-site vehicle usage explanation, vehicle debugging, and license registration for car buyers. Relevant personnel from the Langfang Gu'an County Traffic Police Brigade and JD.com Automobiles Sales jointly helped users to obtain license plates. Based on this, jd.com directly manages electric vehicles following strict two-stage inspection processes. Each self-operated electric vehicle undergoes pre-warehousing inspection and post-warehousing inspection before reaching the user. In addition, JD.com Automobiles also cooperates with third-party institutions to conduct random checks on vehicles regularly to ensure that the electric bicycles purchased by users comply with national regulations.
Hong Kong stocks surged, with the Hang Seng Index closing up 1.43%; biomedical stocks rallied significantly in the late trading session, with Wuxi Apptec up nearly 12%.
The three main stock indexes in Hong Kong surged in the morning, with a significant increase, and the gains slightly narrowed in the afternoon but overall remained strong. At the close, the Hang Seng Index and the H-share Index rose by more than 1%, while the hang seng tech index increased by 1.43%, surging to 2.5% at one point during the day. All three major indexes continued their upward trend, setting new highs in the recent rebound.
Express News | jd.com CEO Xu Ran: Firmly believe that long-term success does not rely solely on its own traffic to indiscriminately squeeze merchants.
jd.com international express order volume has increased by over 40% monthly since September, with North American orders accounting for 56%.
JD Logistics (02618.HK) announced that since September, the order volume of JD International Express has increased by over 40% month-on-month. Guangdong Province, China, is the "big customer" for sending orders in September, while North America and Europe are popular destinations for express delivery. Data shows that since September, orders sent by JD Express to the United States and Canada account for 56%.
After a long period of accumulation, Hang Seng Technology Index is accelerating its rise! Both Meituan and Alibaba have reached new highs for the year. Is it the right time to make a move?
Under the strong performance of the US stock market, although the interest rate cut may not necessarily lead to a large-scale inflow of global funds into the Hong Kong stock market, at least the upward trend of the RMB exchange rate means that one of the important external factors that has suppressed the Hong Kong stock market for two years has been resolved.
Hong Kong stock market noon review | Hong Kong stocks continue to rise, the technology index rose nearly 2%! Network technology, auto stocks, and golden industrial concept stocks are all up, xpeng autos rose 8%
Network technology stocks rose together, Sensetime-W rose by 5.45%, Alibaba-W rose by 2.45%; digital health stocks rose, JD Health rose by 4.09%, Ali Health rose by 3.68%; golden industrial concept stocks strengthened, Zhaojin Mining rose by 3.26%, Chinagoldintl rose by 2.48%.