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20.02.26 - 09:15
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Full-day Takeaway: HSI Down 292 pts; HSTI Down 156 pts; BABA Down over 4%; XIAOMI Down over 3%; HENDERSON LAND, MIDEA GROUP, CNOOC, HANG LUNG PPT, SHK PPT Hit New Highs; Market Turnover Rises (AAStocks)
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At close, HSI dropped 292 pts or 1.1% to 26,413. HSTI dropped 156 pts or 2.9% to 5,211. HSCEI fell 110 pts or 1.2% to 8,959. Market turnover reached $165.37 billion.Active Heavyweights:BABA (09988.HK) closed at $147.1, down 4.9%XIAOMI (01810.HK) closed at $35.36, down 3.5%TENCENT (00700.HK) closed at $522, down 2.1%MEITUAN (0369......
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20.02.26 - 05:15
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Midday Takeaway: HSI Closes Midday at 26,544, Down 161 pts; HSTI Closes Midday at 5,245, Down 122 pts; BABA Down over 3%; HENDERSON LAND, CNOOC, HANG LUNG PPT, MIDEA GROUP, SHK PPT Hit New Highs (AAStocks)
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At midday close, HSI dropped 161 pts or 0.6% to 26,544. HSTI dropped 122 pts or 2.3% to 5,245. HSCEI fell 53 pts or 0.6% to 9,016.Active Heavyweights:BABA (09988.HK) closed at $148.9, down 3.7%XIAOMI (01810.HK) closed at $35.82, down 2.3%TENCENT (00700.HK) closed at $522.5, down 2%MEITUAN (03690.HK) closed at $80.6, down 1.8%HKE......
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20.02.26 - 02:15
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Meituan Travel: First Wave of Small Travel Peak on 2nd Day of LNY (AAStocks)
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Meituan Travel's data showed that a small travel peak began on the second day of the Lunar New Year (LNY) (18th). During the period from the second to the fifth day (18th to 21st), flight bookings mounted 40% YoY. Meanwhile, a group of culturally rich and uniquely experiential small and medium-sized cities captured popularit......
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16.02.26 - 02:15
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CN SAMR Summons Alibaba, Tencent Over Ending 'Involutionary' Competition (AAStocks)
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China's State Administration for Market Regulation (SAMR) summoned platform companies, including BABA-W (09988.HK), Douyin, BIDU-SW (09888.HK), TENCENT (00700.HK), JD-SW (09618.HK), MEITUAN-W (03690.HK), and Taobao Instant Commerce.These companies were required to strictly comply with the provisions of laws and regulations s......
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15.02.26 - 07:36
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Beijing warns tech giants to curb ′involution′ amid AI giveaway war (SCMP)
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China's top market regulator has summoned the country's leading tech companies to demand an end to “involutionary” competition, at the time when the companies are pouring billions of yuan into a Lunar New Year promotional blitz to win over users for services including artificial intelligence apps.
The companies summoned on Friday were Alibaba Group Holding, ByteDance's Douyin, Baidu, Tencent Holdings, JD.com, Meituan and Taobao Instant Commerce, Alibaba's on-demand delivery unit, the State......
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13.02.26 - 15:18
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China′s Meituan warns of US$3.5 billion loss amid intense food delivery price war (SCMP)
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China's food delivery giant Meituan on Friday warned that it expected to post a loss of up to 24.3 billion yuan (US$3.5 billion) for 2025 due to “intense industry competition”, with the slump likely to persist this year.
The sharp reversal from 2024, when the company posted a profit of 35.8 billion yuan, comes on the back of one of China's most intense price wars last year between Meituan, Alibaba Group Holding and JD.com in local e-commerce and food delivery, which only subsided after......
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13.02.26 - 09:15
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Full-day Takeaway: HSI Down 465 pts; HSTI Down 48 pts; MEITUAN Down over 3%; WH GROUP, SHK PPT, TIANGONG INT'L, MINTH GROUP, CH OVS G OCEANS Hit New Highs; Market Turnover Rises (AAStocks)
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At close, HSI dropped 465 pts or 1.7% to 26,567. HSTI dropped 48 pts or 0.9% to 5,360. HSCEI fell 142 pts or 1.6% to 9,032. Market turnover reached $257.58 billion.Active Heavyweights:MEITUAN (03690.HK) closed at $82.15, down 3.2%PING AN (02318.HK) closed at $70.35, down 2.2%HKEX (00388.HK) closed at $405.2, down 2.1%BABA (09988......
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13.02.26 - 05:30
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Midday Takeaway: HSI Down 484 pts; HSTI Down 89 pts; MEITUAN Down over 4%; CLP HOLDINGS, TIANGONG INT'L, MINTH GROUP, CH OVS G OCEANS Hit New Highs (AAStocks)
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At midday close, HSI dropped 484 pts or 1.8% to 26,547. HSTI dropped 89 pts or 1.6% to 5,319. HSCEI fell 159 pts or 1.7% to 9,015.Active Heavyweights:MEITUAN (03690.HK) closed at $81, down 4.5%PING AN (02318.HK) closed at $70, down 2.6%BABA (09988.HK) closed at $155, down 2.3%HKEX (00388.HK) closed at $405.4, down 2.1%TENCENT (0......
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12.02.26 - 11:30
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HKD1.4B Southbound Trading Net Inflow to TENCENT (AAStocks)
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There was HKD1.4 billion, HKD1 billion and HKD984.6 million Southbound Trading net inflow to TENCENT (00700.HK), XIAOMI-W (01810.HK) and MEITUAN-W (03690.HK).There was HKD301.1 million, HKD75.4 million and HKD10.4 million Southbound Trading net outflow from POP MART (09992.HK), YOFC (06869.HK) and BABA-W (09988.HK).For Southboun......
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12.02.26 - 09:15
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Full-day Takeaway: HSI Closes at 27,032, Down 233 pts; HSTI Closes at 5,408, Down 91 pts; MEITUAN Down over 4%; WUXI APPTEC, SHK PPT, SINOPEC CORP, CHINA RES MIXC, HK & CHINA GAS Hit New Highs; Market Turnover Rises (AAStocks)
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At close, HSI dropped 233 pts or 0.9% to 27,032. HSTI dropped 91 pts or 1.7% to 5,408. HSCEI fell 93 pts or 1.0% to 9,175. Market turnover reached $238.71 billion.Active Heavyweights:MEITUAN (03690.HK) closed at $84.85, down 4.5%TENCENT (00700.HK) closed at $535.5, down 2.3%XIAOMI (01810.HK) closed at $36.52, down 1.6%BABA (0998......
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