HSBC Global Research presents its top recommendations for Chinese new economy stocks, highlighting the most promising opportunities for investors. Despite ongoing challenges, these stocks stand out for their strong performance, defensive strategies, and growth potential. Top Picks: 1.$MEITUAN-W(03690.HK)$: Continues to lead the food delivery sector and poised for growth in in-store businesses. 2.$TENCENT(00700.HK)$: Support...
South Korea's antitrust regulator has launched an inspection into China's Temu$PDD Holdings(PDD.US)$shopping app on suspicions of the retail platform's false advertising and other unfair business practices, officials said Monday. Last week, Ko Hak-soo, the chairperson of the Personal Information Protection Commission, told reporters that the watchdog is looking into how Chinese e-commerce firms, such as Temu and AliExpress$Alibaba(BABA.US)$, have been collecting and using consumer data am...
AliExpress celebrates 100 days of its semi-consignment operation, marking significant growth. The platform registers 20,000 merchants, witnessing a remarkable 100% increase in orders in March alone. Semi-consignment model gains traction and enters a phase of rapid expansion, demonstrating its viability. AliExpress intensifies investment in the "Ten Billion Subsidy Helps Brands Go Global" program, enhancing support for merchants. The i...
BABA's AliExpress is gearing up for its "10 Billion Subsidies for Brands Going Overseas" program, with 1,000 quotas available for the first batch. The initiative aims to attract renowned brands like Huawei$Huawei Hongmong(LIST0795.SH)$, LENOVO GROUP$LENOVO GROUP(00992.HK)$,$XIAOMI-W(01810.HK)$, and DJI, along with major merchants from$Amazon(AMZN.US)$. This program, rumor...
In just 72 hours, a meticulously orchestrated onslaught against retail investors unfolded, offering yet another sobering lesson: 1. Market Action: From Wednesday through Friday, the market behavior witnessed in the past three trading sessions resembled a textbook example: March 20th - Tombstone Candlestick: An explosive earnings report triggered an initial surge, propelling the stock to a high of 150 before swiftly reversin...
1. Baidu's Military Connection Raises Sanction Concerns Reports indicate that China’s military has linked its AI program with Baidu’s ChatGPT-like service, sparking fears of potential US sanctions due to its involvement in state-backed military projects. Baidu denies affiliation with the People's Liberation Army, but as a leading AI firm in China, it may face sanctions from the US and its allies.$Baidu(BIDU.US)$$BIDU-SW(09888.HK)$$Chatgpt Concept(LIST1347.HK)$$ChatGPT(LIST2136.US)$ ...
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China gov. Has to inject and buy in more stocks to support and up hold China companies
Top Picks:
1. $MEITUAN-W(03690.HK)$ : Continues to lead the food delivery sector and poised for growth in in-store businesses.
2. $TENCENT(00700.HK)$ : Support...
Last week, Ko Hak-soo, the chairperson of the Personal Information Protection Commission, told reporters that the watchdog is looking into how Chinese e-commerce firms, such as Temu and AliExpress $Alibaba(BABA.US)$ , have been collecting and using consumer data am...
The platform registers 20,000 merchants, witnessing a remarkable 100% increase in orders in March alone.
Semi-consignment model gains traction and enters a phase of rapid expansion, demonstrating its viability.
AliExpress intensifies investment in the "Ten Billion Subsidy Helps Brands Go Global" program, enhancing support for merchants.
The i...
This program, rumor...
1. Market Action: From Wednesday through Friday, the market behavior witnessed in the past three trading sessions resembled a textbook example:
March 20th - Tombstone Candlestick: An explosive earnings report triggered an initial surge, propelling the stock to a high of 150 before swiftly reversin...
$Global X MSCI China Consumer Discretionary ETF(CHIQ.US)$ $BABA-SW(09988.HK)$ $TENCENT(00700.HK)$ $MEITUAN-W(03690.HK)$ $XIAOMI-W(01810.HK)$ $Pinduoduo Concept(LIST0724.SH)$ $PDD Holdings(PDD.US)$ $JD-SW(09618.HK)$ $BYD COMPANY(01211.HK)$
PPI -0.2% m/m, with a -0.2% input prices and a narrower decline in producer prices for consumption goods (-0.1%).
$JD-SW(09618.HK)$ $MEITUAN-W(03690.HK)$ $PDD Holdings(PDD.US)$ $Pinduoduo Concept(LIST0724.SH)$ $BYD COMPANY(01211.HK)$ $XPENG-W(09868.HK)$ $Hang Seng H-Share Index ETF(02828.HK)$
The core CPI rose by 1.2% y/y, vs 0.4% y/y in January, marking the highest increase since February 2022.
Food prices dropped by 0.9% y/y, narrowed by 5 percentage points, due to Chinese New Year effects.
Pork roses by 0.2% y/y, for the first time in 9 months.
Vegetables and aquatic products have risen by 2.9%, and 4.1% from the decline in January.
$Global X MSCI China Consumer Discretionary ETF(CHIQ.US)$ $KraneShares CSI China Internet ETF(KWEB.US)$ $Alibaba(BABA.US)$ $BABA-SW(09988.HK)$ $Meituan ADR(MPNGY.US)$ $MEITUAN-W(03690.HK)$ $Pinduoduo Concept(LIST0724.SH)$ $PDD Holdings(PDD.US)$ $JD.com(JD.US)$ $JD-SW(09618.HK)$
Annual CPI 0.7% [Est. 0.4% Prev. -0.8%]
Monthly CPI 1.0% [Est. 0.4% Prev. 0.3%]
Annual PPI -2.7% [Est. -2.5% Prev. -2.5%]
Monthly PPI -0.2% [Prev. -0.2%]
*The first rise in consumer prices since August.
$Global X MSCI China Consumer Discretionary ETF(CHIQ.US)$ $Alibaba(BABA.US)$ $BABA-SW(09988.HK)$ $Meituan ADR(MPNGY.US)$ $MEITUAN-W(03690.HK)$ $PDD Holdings(PDD.US)$ $Pinduoduo Concept(LIST0724.SH)$ $JD-SW(09618.HK)$ $JD.com(JD.US)$ $Hang Seng H-Share Index ETF(02828.HK)$ $Hang Seng Index(800000.HK)$
Reports indicate that China’s military has linked its AI program with Baidu’s ChatGPT-like service, sparking fears of potential US sanctions due to its involvement in state-backed military projects. Baidu denies affiliation with the People's Liberation Army, but as a leading AI firm in China, it may face sanctions from the US and its allies. $Baidu(BIDU.US)$ $BIDU-SW(09888.HK)$ $Chatgpt Concept(LIST1347.HK)$ $ChatGPT(LIST2136.US)$
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