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KraneShares CSI China Internet ETF Newsroom
Alibaba, E-Mart to Form $4B E-commerce Joint Venture in South Korea - Report
As soon as the news of Japan easing tourist visas for people from China was released, local retail travel stocks surged immediately.
① The Japanese Foreign Minister, Toshimitsu Motegi, announced the relaxation of visa requirements for Chinese tourists to Japan, expected to be implemented in spring 2025. ② After the announcement, retail and tourism-related stocks in Japan rose, with J. Front Retailing Co. soaring by 8.38%, while Isetan Mitsukoshi Holdings and Takashimaya increased by 6.98% and 3.69%, respectively.
In 4 trading days, the stock price doubled, and the success of Weimob's "WeChat Store" comes with a backdrop of a 5.1 billion loss over 4.5 years and a sharp decline in paid users.
"In just 4 trading days, the stock price doubled, and the Market Cap surpassed 10 billion." This is the prosperous scene of WEIMOB INC's stock being "driven up" after the gray testing of the Wechat Mini Program's "gift-giving" function.
Research and development investments are close to the combined sum of BAT! Does ByteDance want to become China's OpenAI?
Zheshang stated that ByteDance has made huge investments in AI, with capital expenditures reaching 80 billion yuan in 2024, approaching the total of Baidu, Alibaba, and Tencent (about 100 billion yuan). Research and development investments significantly lead their peers; analogously, just as Microsoft is strongly investing in OpenAI, ByteDance in China may be comparable to OpenAI in the USA.
10 Consumer Discretionary Stocks Whale Activity In Today's Session
Even the richest private Banks are having a hard time.
First revenue decline.
WeChat's mini store "Gifts" continues Tencent's e-commerce "ambition".
① The "Gift" feature of the Wechat Mini Program has sparked discussions on commercialization, leading to a surge in related companies' stock prices; ② Some analysts believe that the social fission function of gift-giving can create good word-of-mouth communication among users, further cultivating the habit of shopping in Wechat Mini Programs.
Short trips for the New Year and "combined leave" travel are on the rise, and tourism during the Spring Festival still appears to be booming.
① This year's New Year's holiday is relatively short, and it is said in the industry that most tourists will prefer short trips and "combine vacation" travels. Influenced by the "combine vacation," data from third-party platforms show that from December 28 to January 5, flight bookings increased year-on-year; ② Registration for long-haul outbound travel products for the Spring Festival has gradually closed, and it is expected that about 80% of the products for this winter vacation (including the Spring Festival) will see price decreases of 10% to 40%.
Asia-Pacific Markets Flat in Thin Holiday Trading, PBoC Holds MLF Rate Steady for Third Month
PBoC Holds MLF Rate Steady for Third Month, Withdraws Largest Cash Since 2014
U.S. stocks close: The Nasdaq returns above 0.02 million points as Apple reaches a new high with a market cap of 3.9 trillion.
① Tesla rose by 7.36%, leading the "Seven Giants"; ② Nasdaq China Golden Dragon Index has risen for three consecutive days; ③ American Airlines announced that flights have resumed running; ④ OpenAI has discussed developing a humanoid Siasun Robot&Automation.
In December, both domestic and imported game licenses were released! A total of 1416 licenses have been issued this year, the highest in the past five years.
① A total of 122 domestic games and 13 imported new games were approved today, marking the third consecutive month of simultaneous issuance of domestic and imported game licenses. Major games from Tencent and NetEase received approvals, along with several other publicly listed game companies also achieving gains. ② As of the time of writing, 1,416 new games have obtained licenses this year, the highest total in nearly five years.
The Nine Layers Purple Plum, scheduled to be served at the end of the year.
Tencent Video's year-end explosive scene.
Express News | Alibaba: On December 23, approximately 32.2613 million USD was spent to repurchase 3.0653 million shares.
WeChat's "blue envelope" has sparked a surge in E-commerce Concept stocks. Can it recreate the legendary "red envelope" myth of the past? Industry experts have shared their thoughts on this.
① The demand for "blue bags" as gifts during the New Year will be stronger, but the probability of becoming a main scene for daily gifts is low. After passing the peak, the development space for "blue bags" depends on a clear, well-defined primary scene. ② In the short term, it is still Bullish for the development of e-commerce, while the impact on WeChat Pay requires further observation.
The new leader of Ant Group has fired the first shot.
Major transformation.
CCTV interprets a more proactive fiscal policy: next year's fiscal funding will be allocated earlier, faster, and in greater amounts.
Next year, a more proactive fiscal policy will be implemented. What measures will the Ministry of Finance take? Where will the fiscal funds be focused? What impact will this have on our lives?
Asia-Pacific Markets Mostly Rise in Thin Pre-holiday Trading and Tracking Strong Gains on Wall Street
What major trends are implied behind the ten historic numbers of 2024?
From Bitcoin prices breaking 0.1 million dollars, to Musk's exorbitant compensation package, and the record-low fertility rates in Japan and South Korea, each number hides a complex story, reflecting the fluctuations of the Global economy, policy shifts, market turmoil, and leaps in Technology.
A50 and A-shares in Hk continue to rise, and the Hang Seng Index has returned to 20,000 points! Institutions: The "spring excitement" has arrived.
On December 19th, the three major A-shares indexes opened low and rose high during the day. By lunchtime, the Shanghai Composite Index was up 0.68% at 3,374.18 points, the Shenzhen Component Index was up 0.71%, and the Chinext Price Index was up 0.61%. The Hong Kong stocks also strengthened during the day, with the Hang Seng Index rising over 1% to return to the 0.02 million point level, and the Hang Seng TECH Index rising 1.2%.