Shares of Chinese Stocks Are Trading Lower Amid Potential US Sanctions Limiting AI Chip Exports to China.
Express News | Citic Press Corporation: The derivative publication of "Black Myth: Wukong" will be released in the first quarter.
Do JD.com's (NASDAQ:JD) Earnings Warrant Your Attention?
Hong Kong market quick view | All three major indexes fell by about 1%, Tencent Related stocks all dropped, Weimob plunged over 40%; Golden Industrial Concept stocks rose against the trend, LINGBAO GOLD soared by 20%; Bruker's first day of listing surged
Network Technology stocks have generally fallen, with MEITUAN-W down 2.98% and SenseTime-W down 2.29%; Golden Industrial Concept stocks have all risen, with LINGBAO GOLD up 20.11% and CHINAGOLDINTL up 4.76%; Semiconductor stocks have risen, with HG SEMI up 12.96% and Innoscience up 5.74%;
JD HEALTH (06618.HK) plans to expand its offline medical beauty Business.
According to sources cited by domestic media, JD HEALTH (06618.HK) is actively preparing to expand its offline Medical Beauty Business, which is expected to be led by Yang Wengan, who recently joined the Consumer Medical Business Department at JD HEALTH. Reports indicate that Yang Wengan founded the medical beauty consultation platform "Meidai Fu" in 2018, and in August 2020, Meidai Fu reached a strategic cooperation in internet medical beauty with JD HEALTH and United Lige.
JD.com (09618.HK) has lowered the free shipping threshold for self-operated Commodities in Hong Kong and Macau.
JD.com Group (09618.HK)(JD.US) announced that starting immediately, the free shipping threshold in the Hong Kong and Macau region is lowered. Users can enjoy free home delivery service when purchasing JD.com self-operated Commodities worth 188 yuan. For purchasing home appliance Commodities, direct mail delivery to residences is also available without additional residence fees. The group is currently holding the "JD.com New Year Goods Festival" promotional event, with the theme "Happy JD.com New Year Shopping" in Hong Kong and Macau, and continues to accept express deliveries and packages during the Lunar New Year period. Data shows that since the launch of this year's JD.com New Year Goods Festival, the Hong Kong and Macau region has experienced over 90% year-on-year growth, with the most significant growth seen in categories such as mobile communication, computers, and home appliances.
Express News | The qualifications of two vice presidents of JD.com Insurance Brokerage have been approved.
Hong Kong stock afternoon review | The three major indexes all fell, Semiconductors and Golden Industrial Concept rose against the trend, Semiconductor Manufacturing International Corporation increased by over 5%, LINGBAO GOLD surged by over 10%.
Network Technology stocks declined, with MEITUAN-W falling 1.80% and NTES-S rising 1.59%; Golden Industrial Concept stocks rose, LINGBAO GOLD increasing by 10.63% and Zijin Mining Group rising by 3.27%; many Dining stocks dropped, with Helen's falling by 5.66% and Naixue's Tea dropping by 4.07%;
Express News | Innuovo Technology: Will further expand the company's health equipment product categories around health and wellness.
The JD.com app has undergone a major redesign and has entered the gray testing phase.
On January 10, at Glimpse, according to 36KR Holdings, JD.com launched an app revision project in the second half of 2024, starting internal testing in mid to late October, currently still in the gray testing phase. A JD.com representative stated that the revision project ranks among the top three in priorities and importance for the second half of 2024, and upon launch, a notice was sent to all employees to collect feedback. Currently, some users who are in gray testing find four main entrances on the upper left corner of the JD.com app's homepage—"Special Price," "Homepage," "Seconds Delivery," and "New Products"; however, some users see a layout with three main entrances—based on the aforementioned.
The original version of WeChat based on Hongmeng has officially been launched, and Tencent (00700.HK) indicates that more products are being adapted and are on the way.
The original version of WeChat for HarmonyOS has officially been launched in the HarmonyOS application market. The HarmonyOS version of WeChat supports features such as video account, message folding forwarding, group red packets, transfers, and mini-programs, which are basically the same as those in the regular version of WeChat. In addition, the HarmonyOS version of WeChat can directly invoke the system's native camera, allowing for zooming when taking photos and videos, resulting in better effects when taking pictures or recording videos. Currently, top applications such as WeChat, Alipay, Douyin, JD.com-SW (09618.HK), Taobao, MEITUAN-W (03690.HK), WPS Office, and others have been launched. After the launch of the original version of WeChat for HarmonyOS, the original ecological map of HarmonyOS will be further expanded.
JD.com (09618.HK) has reached a strategic cooperation with China Film Group.
A strategic cooperation signing ceremony was held between JD-SW (09618.HK) (JD.US) and China Film Group. Both parties will join forces in areas such as movie publicity and ticketing cooperation, film merchandise development and sales, material procurement and logistics cooperation, market research and technology applications.
JD.com, Inc. (JD) Stock Drops Despite Market Gains: Important Facts to Note
Express News | JD.com Group and China Film Group have reached a strategic cooperation to promote the expansion and upgrade of film consumption.
Quick Look at the Hong Kong Market | The three major Indices have mixed movements, stocks in Biotechnology and Communication Equipment are rising, ZTE soared by 10%, and BEIGENE increased by over 5%.
Network Technology stocks fell, XIAOMI-W rose by 2.90%, NTES-S rose by 2.19%; most Coal Industrial Concept stocks declined, China Shenhua Energy fell by 3.18%, China Coal Energy fell by 1.69%; most Shipping and Ports stocks decreased, COSCO Shipping Holdings fell by 4.75%, OOIL fell by 3.14%;
Major bank rating丨BOCOM INTL: It is expected that the revenue growth Range of mainland e-commerce platforms will be between 8% and 14% this year.
BOCOM INTL published a report indicating that yesterday the National Development and Reform Commission and the Ministry of Finance released the "Notice on Implementing Large-scale Equipment Renewal and Consumer Goods Replacement Policies by 2025", expanding the 8 categories of household appliances in the consumer goods market for 2024 to 12 categories. In the first quarter of this year, according to the press conference, considering the consumer demand during the New Year's Day and Spring Festival, a subsidy fund of 81 billion yuan for old-for-new consumer goods has already been allocated. Compared to last year's 50 billion yuan/20% subsidy ratio for household appliances, it is expected that the first quarter will drive the sales of household appliances, digital products, and other categories to exceed 150 billion yuan, compared to the retail sales of communication equipment in the first quarter of 2024.
Hong Kong stock market midday review | The three major Indexes collectively rebounded! Xiaomi and Tencent rose about 2%; Semiconductors stocks continued to rise, Semiconductor Manufacturing International Corporation rose over 4%.
Network Technology stocks weakened, Bilibili-W fell by 3.60%, XIAOMI-W rose by 2.59%; Sporting Goods stocks performed well, ANTA SPORTS increased by 5.32%, TOPSPORTS dropped by 3.44%; Hong Kong Retail Stocks weakened, BOSSINI INT'L rose by 3.81%, PRADA fell by 2.76%;
BOCOM INTL: The continuation of national subsidies may drive steady growth in GMV for e-commerce platforms, with revenue growth expected in the Range of 8-14% by 2025.
BOCOM INTL currently predicts that Alibaba/JD.com e-commerce GMV will increase by approximately 6%/8% year-on-year.
JD.com Logistics (02618.HK) subsidiary JD.com Aviation has introduced its tenth Boeing 737-800 freighter.
JD.com's logistics (02618.HK) subsidiary JD Aviation has introduced its tenth Boeing 737-800 cargo aircraft, with registration number B-226T, and is 18.6 years old.
UBS Group: Looking ahead at the structural opportunities in the Medical Care Industry in China this year amidst uncertainty, the top picks are INNOVENT BIO (01801.HK), JD HEALTH (06618.HK), WUXI APPTEC (02359.HK), and Eyebright Medical Technology (Beijing
UBS Group published a Research Report stating that last year the Medical Care industry in China faced challenges, impacted by factors such as domestic medical insurance cost control, weak Consumer market conditions, and geopolitical tensions. However, it is expected that by 2025 the Sector risks will trend upward, with Industry valuations and Instituional Holdings levels at historical lows. Coupled with a macro environment that could be more favorable for industry development, investors are expected to find structural opportunities amidst uncertainty. The report indicated that the momentum for biopharmaceutical development continues, with a Bullish outlook on recent CRO profitability, and believes that the fundamentals of various biotech companies are sound. Furthermore, with government support policies for pharmaceutical innovation, it is believed that there will be rapid growth in product sales.