Express News | U.S.-Listed Shares of Alibaba Down 3%, JD.com off 2.8%, PDD Holdings off 1.5%

ReutersMay 31 07:10 ET

Express News | Kraneshares CSI China Internet ETF Down 2.9%, Ishares China Large Cap ETF off 2.4%

ReutersMay 31 07:10 ET

Express News | China Adrs Fall Premarket After Survey Shows China's Factory Activity Unexpectedly Dips in May

ReutersMay 31 07:10 ET

Express News | ATRenew Inc - ATRenew Inc. Renews Business Cooperation Agreement With JD.com

ReutersMay 31 06:06 ET

[Broker Focus] Anxin International: For the Internet stock market, pay more attention to factors other than performance, such as shareholder returns, dividend rates, increases or decreases in holdings of major shareholders, etc.

Jinwu Financial News | Anxin International reports that recent stock prices and fundamental characteristics of Internet stocks: financial performance and management expectations are not too many surprises in the current macro context; profit improvements are generally superior to revenue improvements (from horse racing to intensive farming); the market pays more attention to factors other than performance: shareholder returns, dividend rates, increase or decrease in majority shareholders' holdings (typical: Ali (09988), Tencent (00700), Pinduoduo). The bank's overall performance outlook for the second quarter of the Internet company: Tencent, Pinduoduo, Xiaomi (01810), and Kuaishou (01024) are expected to continue to grow at high profits; high dividends are low

金吾財訊May 31 03:49 ET

[IPO] According to reports, JD Industrial Development has suspended plans to go public in Hong Kong, and the listing process for JD Industries is still in progress

Jinwu Financial News | A report quoted sources close to JD (09618) as saying that due to the downturn in the mainland real estate industry, JD Production and Development has suspended plans to go public in Hong Kong and will wait for the right time to prepare for listing. As for JD Industrial's listing process, it is still in progress. If the timing is right, it will go public in Hong Kong first. JD announced in March of last year that it plans to split the two subsidiaries “JD Industrial” and “JD Production and Development” to go public. The China Securities Regulatory Commission received listing filing applications from JD Industrial and JD Industrial on April 7 and April 20 of last year, respectively. JD Industrial was the first batch of companies to file. The report mentioned that as of May 23,

金吾財訊May 29 23:28 ET