Market Growth: Between May 20 and June 3, Chinese e-commerce platforms saw double-digit YoY growth in daily active users. Simplified Sales: Platforms simplified 618 shopping festival sales, eliminating pre-sale segments and offering early discounts, boosting GMV in May. Platform Performance: Taobao Tmall ($BABA-SW(09988.HK)$): 370,000 small and medium-sized merchants more than doubled GMV YoY on...
Stocks associated with the concept of "valuation system with Chinese characteristics" soared yesterday (19 June) after central SOE Guoxin Investment subscribed to the initial offering of the CSI Guoxin Guoxin Stock Connect SOE Premium Index ETF. Hong Kong stocks opened higher today's morning.$Hang Seng Index(800000.HK)$opened 23 points or 0.1% higher at 18,453.$Hang Seng China Enterprises Index(800100.HK)$opened 7 points or 0.1% higher at 6,595 points.$Hang Seng TECH Index(800700.HK)$opened 6 ...
MrM103622312:
Next few weeks will be interesting. The most important meeting is in July. Should expect more and more positive announcements. They are going all in this time round.
MrMFalling angel:
High probability. Just like I say this Shanghai forum will announce positive news, many doubters or bears still say it’s just a forum, telling people here not to overthink. See what happen today. I think some cover their short today with big losses.
$TENCENT(00700.HK)$disclosed in its statement that it repurchased 2.63 million shares of the company on the Stock Exchange of Hong Kong at $374.8-385.6 per share on 17 June, involving about $1.003 billion. Since the ordinary resolution was passed, TENCENT has repurchased 54.11 million shares, accounting for 0.57445% of its share capital. $Tencent(TCEHY.US)$$Hang Seng TECH Index(800700.HK)$$China Concept Stocks(LIST2517.US)$
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C L7 :
Everyday sau buyback but share price still shit
China data deluge China is to release a deluge of economic data this week as investors look for signs that the recovery in the world’s second largest economy is gaining momentum, particularly with the beleaguered property sector continuing to weigh on the outlook. Data on China's home prices is due on Monday - the first such release after Beijing announced "historic" steps to stabilise the property market last month, though to limited effect so far. May data on industrial output, the urban u...
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Jackkkkkkkk :
Means high chance market will green this week?
$TENCENT(00700.HK)$disclosed in its statement that it repurchased 2.66 million shares of the company on the Stock Exchange of Hong Kong at a price of $373.6-380 per share on 13 June, involving about $1.003 billion. Since the ordinary resolution was passed, TENCENT has repurchased 48.85 million shares, accounting for 0.51861% of the company's share capital. $Tencent(TCEHY.US)$$Hang Seng TECH Index(800700.HK)$$China Concept Stocks(LIST2517.US)$
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wafflewolfeh :
What does it mean when Tencent conducts share buybacks? Is it because they think it’s undervalued and it’s a good time for them to increase their holdings again?
HTI Futures(JUN4) Forum
Simplified Sales: Platforms simplified 618 shopping festival sales, eliminating pre-sale segments and offering early discounts, boosting GMV in May.
Platform Performance:
Taobao Tmall ( $BABA-SW(09988.HK)$ ): 370,000 small and medium-sized merchants more than doubled GMV YoY on...
Since the ordinary resolution was passed, the company has repurchased 59.35 million shares, accounting for about 0.63% of the company's share capital.
$Tencent(TCEHY.US)$ $Hang Seng TECH Index(800700.HK)$ $China Concept Stocks(LIST2517.US)$
$TENCENT(00700.HK)$ extends gain to over 3%, making it the largest contributor to the rises today. $BABA-SW(09988.HK)$ also rises 2.7%.
Since the ordinary resolution was passed, TENCENT has repurchased 54.11 million shares, accounting for 0.57445% of its share capital.
$Tencent(TCEHY.US)$ $Hang Seng TECH Index(800700.HK)$ $China Concept Stocks(LIST2517.US)$
Berkshire Hathaway offloaded more than 1.34 million H shares of $BYD COMPANY(01211.HK)$ , with the stake down to 6.9%. BYD opens 0.2% lower at $233 this morning. $ZIJIN MINING(02899.HK)$ proposed to raise $3.87 billion in net proceeds from a share placement at a discount of abo...
China is to release a deluge of economic data this week as investors look for signs that the recovery in the world’s second largest economy is gaining momentum, particularly with the beleaguered property sector continuing to weigh on the outlook.
Data on China's home prices is due on Monday - the first such release after Beijing announced "historic" steps to stabilise the property market last month, though to limited effect so far. May data on industrial output, the urban u...
$Hang Seng Index(800000.HK)$ opened 92 points or 0.5% lower at 17,848. $Hang Seng China Enterprises Index(800100.HK)$ opened lower by 32 points or 0.5% at 6,342. $Hang Seng TECH Index(800700.HK)$ opened 21 points or 0.6% lower at 3,686.
E-commerce platform $JD-SW(09618.HK)$ adde...
As for dotcoms, $BABA-SW(09988.HK)$ dipped 1% at $73.75. $TENCENT(00700.HK)$ added 1% at $383.6. $MEITUAN-W(03690.HK)$ opened flat at $116.7. $JD-SW(09618.HK)$ lost 1.1%. $BILIBILI-W(09626.HK)$ ’s ADRs leaped 7.7%, and its H shares opened 4%...
Since the ordinary resolution was passed, TENCENT has repurchased 48.85 million shares, accounting for 0.51861% of the company's share capital.
$Tencent(TCEHY.US)$ $Hang Seng TECH Index(800700.HK)$ $China Concept Stocks(LIST2517.US)$
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