FISCAL YEAR 2025 INTERIM REPORT
Data reveals | What did Northern funds buy in November? They crazily invested nearly 10.6 billion Hong Kong dollars in Alibaba and increased their holdings in Tencent by nearly 8 billion Hong Kong dollars.
In November, Southbound funds "fiercely attacked" Hong Kong stocks, with a cumulative net buy amount of over 120 billion Hong Kong dollars, hitting a new high in nearly three years.
Jack Ma appears at the Alibaba campus!
On the afternoon of November 29, several netizens posted pictures and text on social media, claiming that they encountered Jack Ma in Area C of Alibaba Xixi Park that afternoon.
Net inflow of 0.829 billion Hong Kong dollars in Meituan shares through the Stock Connect.
There is a net inflow of funds from Beishui Nanxiang to Meituan (03690.HK), Alibaba (09988.HK), and Tencent (00700.HK), reaching 0.829 billion Hong Kong dollars, 0.42 billion Hong Kong dollars, and 0.36 billion Hong Kong dollars respectively. There is a net outflow of funds from Beishui Nanxiang to Xiaomi Group (01810.HK) and SMIC (00981.HK), reaching 0.252 billion Hong Kong dollars and 12.71 million Hong Kong dollars respectively. The highest net inflow of funds from the Hong Kong Stock Connect (Shanghai) among active stocks is Meituan (03690.HK) with 0.51 billion Hong Kong dollars, while the highest net outflow of funds is from the tracker fund of Hong Kong (02800.HK) with 1.516 billion Hong Kong dollars.
Express News | Jack Ma appeared at the alibaba campus.
Alibaba (09988.HK) 1688 platform launches "1688 Source Selection" private label business brand, expected to recruit up to 500 employees.
Alibaba-SW (09988.HK) (BABA.US) launched the '1688 Source Selection' private label business brand under its 1688 platform, aiming to meet the demands of home managers for high cost-effective commodities and drive the digital transformation of upstream manufacturers' supply chains. Through this platform, factories can more easily carry out private label businesses, achieving direct interaction with consumers. As a wholly-owned subsidiary of 1688, the new company is expected to recruit 300 to 500 employees and is seen as an important investment-oriented business.