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29.09.26 - 06:15
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Midday Takeaway: HSI Closes Midday at 24,486, Down 155 pts; HSTI Closes Midday at 4,237, Down 58 pts; AKESO Up over 14%; CENTRAL NEW EGY, JNBY Hit New Highs (AAStocks)
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At midday close, HSI dropped 155 pts or 0.6% to 24,486. HSTI dropped 58 pts or 1.4% to 4,237. HSCEI fell 50 pts or 0.6% to 8,166.Active Heavyweights:XIAOMI (01810.HK) closed at $25.14, down 2.8%BABA (09988.HK) closed at $105.3, down 2.2%TENCENT (00700.HK) closed at $433, down 1.5%MEITUAN (03690.HK) closed at $70.8, down 1.5%CCB ......
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26.09.26 - 09:00
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How Alibaba is using AI to revamp its mapping app – and take on Meituan (SCMP)
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Late last year, Zhang Xuan's small beef noodle joint in Shanghai suddenly began seeing a dramatic surge in orders. Sales over the past few months have been 50 to 60 per cent higher than normal, he estimates.
The driver? The new Street Stars feature on Chinese tech giant Alibaba Group Holding's Amap mapping app, which listed Zhang's eatery as the fourth best restaurant in Shanghai's Changning district.
Prominently displayed on Amap's main page, the system uses artificial intelligence to rate......
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25.09.26 - 06:30
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Midday Takeaway: HSI Down 417 pts; HSTI Down 93 pts; XIAOMI Down over 3% (AAStocks)
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At midday close, HSI dropped 417 pts or 1.7% to 24,343. HSTI dropped 93 pts or 2.1% to 4,267. HSCEI fell 152 pts or 1.8% to 8,113.Active Heavyweights:XIAOMI (01810.HK) closed at $25.64, down 3.5%BABA (09988.HK) closed at $107.3, down 2.5%MEITUAN (03690.HK) closed at $70.7, down 2.1%CCB (00939.HK) closed at $9.5, down 1.9%HKEX (0......
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18.09.26 - 11:45
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CN Regulators Sign Agreement With KUAISHOU-W, MEITUAN-W, Taobao Instant Commerce and Other Platforms to Support Development of Individual Industrial and Commercial Households (AAStocks)
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Under the guidance of the State Administration for Market Regulation of China, market regulation bureaus in seven provinces including Inner Mongolia, Jiangsu, Zhejiang, Shandong, Guangdong, Chongqing and Sichuan, together with the National Individual Industrial and Commercial Household Development Network, jointly signed the &qu......
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14.09.26 - 13:42
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Cloudy with a chance of Big Macs: McDonald′s and Meituan launch drone route in Shanghai (SCMP)
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Shanghai's bustling riverfront has become the latest testing ground for urban logistics technology, with McDonald's and Chinese food-delivery giant Meituan joining forces to launch the country's first catering brand-exclusive drone-delivery route.
Commencing operations last week, the new service allows visitors strolling or exercising along the scenic West Bund area in Shanghai's Xuhui district to have their fast-food orders 'airdropped' directly to designated kiosks, according to a recent......
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10.09.26 - 07:15
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H Shrs: HSI 325 pts Lower Midday, Slips Below 25,000; MEITUAN-W, BABA-W Each Sag 3%+; Z.AI Slips ~8%; HAIDILAO Sets New Trough (AAStocks)
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At midday, the HSI settled at 24,949, down 325 pts or 1.29%, with main board turnover at HKD105.858 billion. The HSCEI ended at 8,267, down 101 pts or 1.22%. The HSTECH closed at 4,329, down 91 pts or 2.07%. Major techs led the decline. MEITUAN-W (03690.HK) and BABA-W (09988.HK) each stumbled more than 3%; TENCENT (00700.HK) di......
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