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The meeting of the Political Bureau of the CPC Central Committee studied economic work for 2025 and propounded the implementation of a more proactive fiscal policy and a modestly loose monetary policy. Chinese ADRs advanced in the US. The NASDAQ Golden Dragon China Index soared 584 pts or 8.5% to 7,425. The index saw 7,569 durin...
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Li Ni, Chairman and COO of BILIBILI-W (09626.HK), said at the results conference that the Company is an in-depth cooperation partner of e-commerce companies such as BABA-W (09988.HK), JD-SW (09618.HK), PDD Holdings Inc. (PDD.US) and Vipshop Holdings Limited (VIPS.US) during 2024 Double 11 period. The GMV of live commerce surged ...
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He Yongqian, the spokesperson of the Ministry of Commerce of the People's Republic of China (MOFCOM), said at a regular press conference that the authority will work with localities and relevant departments to intensify efforts to promote the implementation of various policies, increase financial support, enhance financing s...
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Shares | Ratings | Target prices (US$)Alibaba (BABA.US) | Overweight | 126Pinduoduo (PDD.US) | Overweight | 163JD.com (JD.US) | Overweight | 50Vipshop (VIPS.US) | Neutral | Under Review~AAStocks Financial NewsWeb Site: www.aastocks.com
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According to industry data, this year's "Double 11" online sales increased by 26.6% YoY to RMB1.44 trillion, China Merchants Securities released a research report saying. Among them, traditional e-commerce platform sales reached RMB1.11 trillion, soaring 20.1% YoY, while live-streaming e-commerce platform sales tou...
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