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15.07.25 - 16:06
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Alibaba′s ′Super Saturdays′ event to heat up China′s on-demand delivery market (SCMP)
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Alibaba Group Holding will roll out a programme called “Super Saturdays” over the next 100 days to lure more consumers to its platform, while escalating a price war against Meituan and JD.com in the mainland's on-demand delivery services market.
Under Alibaba's instant commerce brand Taobao Shangou, “Super Saturdays” would offer consumers up to 188 yuan (US$26) in subsidies for the purchase and delivery of low-cost goods such as milk tea and breakfast meals, according to a report by state-owned......
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15.07.25 - 12:30
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HKD830.7M Southbound Trading Net Outflow from TENCENT (AAStocks)
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There was HKD646.8 million, HKD53.2 million and HKD15.4 million Southbound Trading net inflow to MEITUAN-W (03690.HK), HEALTHYWAY INC (02587.HK) and KINGSOFT CLOUD (03896.HK).There was HKD830.7 million, HKD525.1 million and HKD181.4 million Southbound Trading net outflow from TENCENT (00700.HK), XIAOMI-W (01810.HK) and SMIC (009......
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15.07.25 - 10:15
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Full-day Takeaway: HSI Up 386 pts; HSTI Up 147 pts; BABA Up over 6%; MEITUAN Up over 4%; TENCENT Up over 3%; SINO BIOPHARM, JD HEALTH, HANSOH PHARMA, HANG SENG BANK, REALORD GROUP Hit New Highs; Market Turnover Rises (AAStocks)
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At close, HSI rose 386 pts or 1.6% to 24,590. HSTI rose 147 pts or 2.8% to 5,431. HSCEI gained 144 pts or 1.7% to 8,877. Market turnover reached $288.40 billion.Active Heavyweights:BABA (09988.HK) closed at $113.5, up 7%MEITUAN (03690.HK) closed at $126.2, up 4.4%TENCENT (00700.HK) closed at $517.5, up 3.5%HKEX (00388.HK) closed......
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15.07.25 - 06:30
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Midday Takeaway: HSI Closes Midday at 24,250, Up 47 pts; HSTI Closes Midday at 5,305, Up 21 pts; XINYI SOLAR Down over 4%; SINO BIOPHARM, JD HEALTH, HANG SENG BANK, REALORD GROUP, INNOCARE Hit New Highs (AAStocks)
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At midday close, HSI rose 47 pts or 0.2% to 24,250. HSTI rose 21 pts or 0.4% to 5,305. HSCEI gained 8 pts or 0.1% to 8,741.Active Heavyweights:BABA (09988.HK) closed at $107.9, up 1.7%MEITUAN (03690.HK) closed at $122.8, up 1.6%PING AN (02318.HK) closed at $52.35, down 1.3%XIAOMI (01810.HK) closed at $56.95, down 0.6%TENCENT (00......
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14.07.25 - 12:30
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HKD1.2B Southbound Trading Net Inflow to MEITUAN-W (AAStocks)
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There was HKD1.2 billion, HKD859.4 million and HKD91.2 million Southbound Trading net inflow to MEITUAN-W (03690.HK), BABA-W (09988.HK) and GUOTAI JUNAN I (01788.HK).There was HKD129.5 million and HKD65.7 million Southbound Trading net outflow from HEALTHYWAY INC (02587.HK) and XIAOMI-W (01810.HK).For Southbound Trading of Shang......
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14.07.25 - 10:15
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Full-day Takeaway: HSI Closes at 24,203, Up 63 pts; HSTI Closes at 5,283, Up 35 pts; CHINA SHENHUA Up over 5%; SINO BIOPHARM, WH GROUP, SIHUAN PHARM, 3SBIO, CH ENERGY ENG Hit New Highs; Market Turnover Rises (AAStocks)
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At close, HSI rose 63 pts or 0.3% to 24,203. HSTI rose 35 pts or 0.7% to 5,283. HSCEI gained 45 pts or 0.5% to 8,732. Market turnover reached $210.36 billion.Active Heavyweights:BABA (09988.HK) closed at $106.1, up 1%MEITUAN (03690.HK) closed at $120.9, up 0.8%CCB (00939.HK) closed at $8.41, up 0.7%TENCENT (00700.HK) closed at $......
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14.07.25 - 09:06
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Alibaba delivers 80 million orders in 1 day amid price war (SCMP)
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Alibaba Group Holding tied its own record of 80 million on-demand deliveries on Saturday, the e-commerce giant reported on Monday, as it wages an all-out battle against rivals Meituan and JD.com in China's quick-delivery market – with freebies and eye-popping discounts as the ammunition.
Alibaba's new instant commerce brand Taobao Shangou said its daily active users last week jumped 15 per cent from the previous week, which would put number at around 230 million, though the company did not......
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14.07.25 - 06:15
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Midday Takeaway: HSI Closes Midday at 24,166, Up 26 pts; HSTI Closes Midday at 5,258, Up 10 pts; CHINA SHENHUA Up over 4%; WH GROUP, CH ENERGY ENG, CNBM, HEC CJ PHARM, CONCH VENTURE Hit New Highs (AAStocks)
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At midday close, HSI rose 26 pts or 0.1% to 24,166. HSTI rose 10 pts or 0.2% to 5,258. HSCEI gained 30 pts or 0.4% to 8,718.Active Heavyweights:BABA (09988.HK) closed at $106.6, up 1.4%CCB (00939.HK) closed at $8.41, up 0.7%XIAOMI (01810.HK) closed at $57, down 0.6%MEITUAN (03690.HK) closed at $120.7, up 0.6%TENCENT (00700.HK) c......
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14.07.25 - 03:00
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MEITUAN-W Order Vol. Sets New High; Avg. Delivery Time 34 Min (AAStocks)
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As of 11:36 PM last Saturday (12th), MEITUAN-W (03690.HK) (MPNGY.US) manifested an instant retail order volume of 150 million orders, setting a new record, Chinese media reported. The peak order volume swelled by 30 million orders WoW, with an average delivery time for all orders being 34 minutes.The project manager of Meituan&#......
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13.07.25 - 08:24
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Meituan′s daily orders hit record 150 million amid rivalry with JD.com, Alibaba (SCMP)
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Meituan, mainland China's top on-demand delivery giant, said on Sunday that daily orders on its platform have surged to another all-time high – a sign that the company has managed to fend off competition from rivals like JD.com and Alibaba Group Holding.
The Beijing-based company said daily transactions had reached 150 million, just days after surpassing 120 million last week.
The firm's record daily orders for both food and retail goods delivery comes at a time when major Chinese e-commerce......
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11.07.25 - 11:00
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H Shrs: HSI Closes Up 111 Pts; WUXI APPTEC Surges 10%; Brokers Hyped Up (AAStocks)
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The HSI ended the day up 111 points or 0.5% at 24,139. The HSCEI rose 19 points or 0.2% to close at 8,687. The HSTECH hiked 31 points or 0.6%, closing at 5,248. The total market turnover for the day amounted to HKD323.95 billion.In the technology sector, BABA-W (09988.HK) and MEITUAN-W (03690.HK) rose 1.8% and 1.2%, respectively......
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