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Express News | Ishares MSCI China ETF up 2.5%, Ishares China Large Cap ETF up 2.6%, Kraneshares CSI China Internet ETF up 3.1%
Express News | Alibaba up 4.2%, PDD Holdings up 2.7%, Baidu up 2.5%
Express News | JD.com up 3.6%, Li Auto up 2.9%, NIO up 3.8%, Xpeng up 6.8%
Express News | U.S.-Listed Shares of Chinese Firms Rise Premarket on U.S. China Tariff Talks
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Taobao flash sale goes fully live 4 days in advance! Users nationwide can receive large red envelopes.
On May 2nd, Taobao's official Weibo announced that Taobao Flash Sale would be fully launched ahead of schedule. Starting today, users nationwide can use the Taobao Flash Sale entrance to receive large red envelopes to purchase takeout. According to previous official information from Taobao, the Flash Sale was originally scheduled to be fully launched on May 6th. Observing information related to Weibo, Xiaohongshu, and other Social Media platforms, it can be found that within two days of the Flash Sale launch, a large number of Consumers from various regions shared their purchases online, such as drinking milk tea for 0.1 yuan, having a meal for 2 yuan, eating blueberries and kiwifruit for 5 yuan, etc. In the comments section of Taobao's official Weibo, comments from Consumers requesting the launch in their respective cities have been flooding in. In addition, according to new
Hong Kong stocks are moving | AI Concept stocks are active. Recently, there have been continuous developments in the domestic AI large model field, and Institutions are Bullish that the Industry is entering a Gold development period.
AI Concept stocks were generally active in the morning session. As of the time of writing, KINGSOFT (03888) is up 4.92%, trading at 40.5 Hong Kong dollars; XIAOMI-W (01810) is up 4.3%, trading at 52.1 Hong Kong dollars; Alibaba-W (09988) is up 3.23%, trading at 121.3 Hong Kong dollars.
Express News | U.S.-listed Chinese stocks surge in overnight trading, with Alibaba up over 4%.
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Alibaba Options Spot-On: On May 1st, 125.03K Contracts Were Traded, With 2.5 Million Open Interest
Express News | Why Are Nvidia, Broadcom And Other Chip Stocks Soaring On Thursday?
The food delivery battle has reached a fever pitch: Ele.me joins the fight with over 10 billion in subsidies. Who will be the big winner?
On the last day of April, when Meituan and JD.com were fiercely competing in the food delivery battle, Eleme also launched its killer move of delivery subsidies—initiating the "Eleme Subsidy of over 10 billion" delivery subsidy plan. This seemingly sudden escalation is actually a signal that the competition among delivery platforms has entered a new phase. From JD.com's high-profile entry into the food delivery platform at the beginning of the year to Meituan's announcement of creating a social security information system for delivery riders... the public's attention has remained focused on JD.com and Meituan. Now, with Eleme entering the public eye again with a subsidy war, especially during the special time window of the May Day holiday, industry experts believe that, on the one hand, this proves that the old order of the food delivery industry has indeed been impacted, and on the other hand, it shows...
Alibaba Options Spot-On: On April 30th, 123.81K Contracts Were Traded, With 2.47 Million Open Interest
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