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15.07.25 - 04:48
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Hong Kong stocks surge as China′s second-quarter growth exceeds expectations (SCMP)
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Hong Kong stocks rose by the most in two weeks on Tuesday after China's second-quarter economic growth came in above expectations.
The Hang Seng Index advanced 1.4 per cent to 24,545.57 at 10am local time, the most since June 24, adding to the 0.3 per cent increase on Monday. The Hang Seng Tech Index jumped 2 per cent. On the mainland, the Shanghai Composite Index slipped 0.1 per cent, while the CSI 300 Index rose 0.4 per cent.
E-commerce giant Alibaba Group Holding jumped 2.1 per cent to......
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19.06.25 - 15:06
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China subsidies give Alibaba, JD.com sales lift during 618 shopping festival (SCMP)
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Chinese e-commerce giants Alibaba Group Holding and JD.com reported record user participation and growing sales during the 618 shopping festival, as government subsidies and new artificial intelligence (AI) tools fuelled a surge in consumer activity.
More than 453 brands each surpassed 100 million yuan (US$14 million) in gross merchandise value (GMV) on Alibaba's Taobao and Tmall platforms during the weeks-long event, the company said on Thursday. The roster included global names such as Apple,......
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03.06.25 - 14:06
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Alibaba, JD.com sales surge during 618 festival, thanks to subsidy programme (SCMP)
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Chinese e-commerce giants Alibaba Group Holding and JD.com are seeing strong sales momentum in their respective campaigns for this year's 618 shopping festival, on the back of the government's national subsidy programme.
Preliminary 618 retail data from Taobao and Tmall Group (TTG), Alibaba's domestic e-commerce unit, showed sales of categories that benefit from government subsidies – including consumer electronics products and home appliances – surged 283 per cent during the campaign's initial......
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28.05.25 - 04:54
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Hong Kong stocks slide as PDD′s profit slump rattles Alibaba, e-commerce peers (SCMP)
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Hong Kong stocks dropped after a poor report card from Chinese e-commerce platform operator PDD Holdings rattled industry peers including Alibaba Group Holding, suggesting discounts to attract consumers will hurt near-term earnings outlook.
The Hang Seng Index fell 0.3 per cent to 23,309.49 at 10.17am local time on Wednesday, while the Hang Seng Tech Index dropped 0.2 per cent. On the mainland, the CSI 300 Index slipped 0.1 per cent and the Shanghai Composite Index retreated 0.2 per......
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17.05.25 - 19:12
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Alibaba: „Zu hohe Erwartungen“ – Kursziele sinken (Der Aktionaer)
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Eigentlich hat Alibaba in der abgelaufenen Handelswoche solide Zahlen vorgelegt. Doch an der Börse kam das nicht gut an: Der Kurs fiel nach der Veröffentlichung deutlich und hat sich bislang auch nicht erholt. Analysten reagieren verhalten – besonders mit Blick auf das Cloud-Geschäft und die zunehmenden Investitionen....
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