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19.12.25 - 12:55
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China′s video game sales reach record in 2025 amid overseas expansion, AI investment (SCMP)
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China's video game industry revenue grew 7.7 per cent to a new high this year, as domestic titles from the likes of Tencent Holdings and NetEase continued to expand globally and bets on artificial intelligence paid off, according to data released on Friday by the country's semi-official gaming industry association.
The country's gaming market posted total sales of 350.8 billion yuan (US$49.8 billion) for the year, breaking the previous record of 325.8 billion yuan set last year. The numbers were......
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19.12.25 - 11:30
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HKD1.1B Southbound Trading Net Inflow to TENCENT (AAStocks)
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There was HKD1.1 billion, HKD1 billion and HKD174.8 million Southbound Trading net inflow to TENCENT (00700.HK), BABA-W (09988.HK) and YOFC (06869.HK).There was HKD1.1 billion, HKD161.9 million and HKD77.9 million Southbound Trading net outflow from CHINA MOBILE (00941.HK), HORIZONROBOT-W (09660.HK) and SMIC (00981.HK).For South......
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19.12.25 - 11:18
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Need for speed: Alibaba ramps up China instant commerce push with Cainiao and Tmall tie-up (SCMP)
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Alibaba Group's logistics arm Cainiao and online grocery business Tmall Supermarket are teaming up to expand fulfilment infrastructure and speed up deliveries, as the Chinese e-commerce giant ramps up its efforts in China's fast-growing instant commerce battle to fend off rivals such as JD.com and Meituan.
Cainiao will launch new or expand instant commerce warehouses for Tmall Supermarket across 31 mainland Chinese cities by the end of January 2026, it said in a statement on Thursday. Alibaba......
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19.12.25 - 10:45
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TENCENT Buys Back 1.038M Shrs for ~$636M (AAStocks)
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TENCENT (00700.HK) repurchased 1.038 million shares on the Hong Kong Stock Exchange today (19th) at a price per share ranging from $607 to $617, involving nearly $636 million. Since the repurchase mandate resolution was approved on 14 May, the Company has repurchased a total of 95.679 million shares, representing 1.04123% of its......
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19.12.25 - 09:30
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Full-day Takeaway: HSI Closes at 25,690, Up 192 pts; HSTI Closes at 5,479, Up 60 pts; XPENG Up over 7%; HSBC HOLDINGS, TANWAN, NCI, CHINA EAST AIR Hit New Highs; Market Turnover Rises (AAStocks)
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At close, HSI rose 192 pts or 0.8% to 25,690. HSTI rose 60 pts or 1.1% to 5,479. HSCEI gained 59 pts or 0.7% to 8,901. Market turnover reached $221.19 billion.Active Heavyweights:TENCENT (00700.HK) closed at $614, up 1.5%MEITUAN (03690.HK) closed at $102.7, up 1.3%XIAOMI (01810.HK) closed at $40.54, up 0.8%BABA (09988.HK) closed......
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19.12.25 - 06:30
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Research: CICC: MEITUAN-W Fundamentals Pass Left Side w/ LT Patience (AAStocks)
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CICC published a research report saying that it recently invited MEITUAN-W (03690.HK) for a non-deal roadshow, during which management shared the latest dynamics in the food delivery instant retail competition and in-store hotel and tourism business competition, as well as the development of overseas business. Recently, the focu......
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19.12.25 - 05:15
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Midday Takeaway: HSI Closes Midday at 25,663, Up 165 pts; HSTI Closes Midday at 5,480, Up 61 pts; WUXI BIO Up over 6%; HSBC HOLDINGS, TANWAN, NCI, HYSAN DEV Hit New Highs (AAStocks)
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At midday close, HSI rose 165 pts or 0.6% to 25,663. HSTI rose 61 pts or 1.1% to 5,480. HSCEI gained 44 pts or 0.5% to 8,885.Active Heavyweights:MEITUAN (03690.HK) closed at $103.7, up 2.3%TENCENT (00700.HK) closed at $612, up 1.2%BABA (09988.HK) closed at $145.2, up 0.8%PING AN (02318.HK) closed at $65.35, up 0.2%XIAOMI (01810.......
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