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Delivery Hero Shares Slump After Report That Meituan Plans Saudi Launch
By Helena Smolak Delivery Hero's shares slumped after Bloomberg reported that China's Meituan is set to debut in Saudi Arabia with its app KeeTa, a move analysts view as a competitive threat to the G
JD Group-SW (09618.HK) will hold a board meeting on May 15 to approve the first quarter results
Gelonghui, April 26 | JD Group - SW (09618.HK) announced that the board of directors of the company will meet on May 15, 2024 to approve relevant matters, including the approval of unaudited quarterly results and announcements for the three months ending March 31, 2024 (2024 First Quarter Results Announcement).
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North and South Water | Rare! Nanshui Net bought 22.4 billion A shares, bucking the trend and reducing bank stock positions; Beishui continued to increase its holdings at the Bank of China and the Hong Kong Stock Exchange
Northbound's net purchase of A-shares was $22.4 billion, and Southbound's net purchase of Hong Kong shares was HK$1,174 billion.
Illustration丨Southbound Capital increased Bank of China positions for 7 consecutive days and reduced positions with Meituan for 4 consecutive days
Southwest Capital made net purchases of HK$1,174 billion in Hong Kong stocks today, including net purchases of Bank of China at $888 million, Kuaishou at $500 million, and HKEx at $116 million; net sales of Meituan at $760 million, HSBC Holdings at $344 million, and CNOOC at $167 million. According to statistics, Southbound Capital has increased its holdings with the Bank of China for 7 consecutive days, totaling HK$5,235.13 billion; and on the Hong Kong Stock Exchange for 4 consecutive days, totaling HK$1,6514.6 billion. Southbound Capital has reduced HSBC Holdings positions for 5 consecutive days, totaling HK$2,2613.8 billion; for 4 consecutive days, Meituan's positions have been reduced to a total of HK$3,578.68 billion.
Exclusive | The 10 billion subsidy “rolled over” due to non-delivery of giveaways? JD internally says it will pay out of one million to make up
On the afternoon of April 26, Sina Technology News reported that recently, JD announced the launch of a beauty bonus feature, but now many consumers are complaining on the internet that they have only received genuine products and have not received giveaways, saying that JD is “unplayable.” Sina Technology learned from within JD that when the back-office was set up, they mistakenly treated the two products of Anresha and Baicaoji as giveaways. The price was set to 0 yuan. After the event went live, a large number of orders instantly triggered a back-office warning, causing related users' orders to be locked and delivery delayed. “However, JD will fulfill all contracts and will be shipped one after another from now on. Currently, it is estimated that the loss will exceed one million.” According to industry insiders