KWEB240920P32000
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KraneShares CSI China Internet ETF Newsroom
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.
Express News | Ishares China Large Cap ETF up 2.9%, Kraneshares CSI China Internet ETF up 3.6%
US stock market preview | All three major futures indexes rose, Nasdaq futures rose more than 2%; technology stocks and Chinese concept stocks rose collectively before the market, Alibaba rose more than 4%, Nvidia and Tesla rose more than 3%
Bitcoin surpassed $63,000 today, with pre-market gains in crypto-related stocks. MSTR and MARA rose over 5%; Tesla rose nearly 3% pre-market, with Robotaxi set to debut soon, and bullish views from Wall Street institutions.
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.
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.
Shareholding in Dada has reached 63.2%, jd.com continues to increase its investment in the instant retail track layout.
Internal sources at jd.com indicate that this move demonstrates the importance Dada places on its position within the jd.com ecosystem, as well as the expectations for further deepening the strategic partnership between the two parties. Dada's competitive advantages lie in the extensive range of products on the supply side, as well as the extensive integration with jd.com on the demand side.
10 Consumer Discretionary Stocks With Whale Alerts In Today's Session
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.
Futu Morning News | Rate cut countdown! US stocks continue to break records; Bank of America: Long the seven giants of US stocks is still the most crowded trade.
"New美联储通讯社": The situation is complex, and there are still doubts about the magnitude of the Fed's first rate cut; if the Fed's first cut is done "properly", the record-breaking betting on a significant rate cut may face huge risks; Apple's iPhone 16 series pre-order sales in the first weekend fell short of expectations, analysts: the long-term outlook remains optimistic.
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%.
Behind the Scenes of PDD Holdings's Latest Options Trends
Preview of US stocks | August retail sales data exceeds expectations, three major futures indices slightly rise; Bullish news frequently! Intel pre-market up nearly 7%.
Microsoft is giving out "red envelopes": dividend increase of 10%, planning to repurchase up to 60 billion US dollars; "New Fed Communication Agency" reiterated uncertainty: the magnitude of the first interest rate cut is still suspenseful.
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.
Looking Into PDD Holdings's Recent Short Interest