Articles from Caixin Global, Caixin Global

Caixin Global

Articles from Caixin Global

Caixin is a media group dedicated to providing financial and business news through periodicals, online content, mobile apps, conferences, books and TV/video programs. Caixin aims to blaze a trail that helps traditional media prosper in the new media age through integrated multimedia platforms.

News from Caixin

Cross Asset Strategy

<ul><li>Batteries /Cover Story: Chinese battery makers gird for price war in competition to supply EV producers</li><li>G20 /: Chinese premier meets Biden at G20</li><li>China-U.K. /: U.K. welcomes China investment in ‘key areas,’ trade minister says</li></ul>

Batteries /Cover Story: Chinese battery makers gird for price war in competition to supply EV producersG20 /: Chinese premier meets Biden at G20China-U.K. /: U.K. welcomes China investment in ‘key areas,’ trade minister says

CX Daily: Chinese Battery Makers Gird For Price War In Competition To Supply EV Producers

<ul><li>E-commerce /In Depth: TikTok’s foray into Southeast Asian e-commerce is no slam dunk</li><li>Jobless /: Charts of the Day: The missing data in China’s rising unemployment</li><li>Payment /: Third-party payment industry consolidates as prepaid card issuers exit</li></ul>

E-commerce /In Depth: TikTok’s foray into Southeast Asian e-commerce is no slam dunkJobless /: Charts of the Day: The missing data in China’s rising unemploymentPayment /: Third-party payment industry consolidates as prepaid card issuers exit

CX Daily: TikTok’s Foray Into Southeast Asian E-Commerce Is No Slam Dunk

External broker reports(aggregated public sources), CMB International

CMB International

External broker reports(aggregated public sources)

Incorporated in Hong Kong, supported by the mainland and targeting in global market, CMB International Capital Corporation Limited (“CMBI”) is an integrated financial institution providing comprehensive and professional services. As a wholly-owned subsidiary of China Merchants Bank ("CMB"), by leveraging on the Group’s synergy and coordination in domestic and overseas markets, as well as CMB’s strong resources and outstanding social reputation, CMBI and its subsidiaries have been actively implementing diversified business strategies and set up an overall layout of main business segments including Corporate Finance, Asset Management, Wealth Management, Global Markets and Structured Finance, etc. Adhering to the philosophy of “being clients oriented and increasing our own values by the way of creating value for clients”, CMBI endeavors to provide quality and integrated financial services to institutional, corporate and individual customers both domestic and overseas including Hong Kong IPO sponsorship and underwriting, share placement and rights issue for listed companies, financial advisors, bonds issuance services, asset management, direct investment, wealth management, equity sales and trading, etc.

Thematic (Sector/Industry)

<ul><li>Based on NBS data, 7M23 online retail sales GMV/ online physical goods GMV reached RMB8.3/7.0tn, up 12.5/10.0% YoY.</li><li>The YoY growth of online physical goods GMV in July 2023 came in at 5.0% (June 2023: 7.1%; July 2022: 6.3%), which indicates that consumption recovery still takes time.</li><li>Although overall topline growth of e-commerce platforms is likely to face short-term fluctuation due to macro uncertainties, e-commerce platforms are driving revenue growth and scale expansion in an efficient way and targeting for operating efficiency improvement, which likely leads to a benign than expected industry competition, and better than expected earnings growth in 2Q-3Q23. </li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Based on NBS data, 7M23 online retail sales GMV/ online physical goods GMV reached RMB8.3/7.0tn, up 12.5/10.0% YoY.The YoY growth of online physical goods GMV in July 2023 came in at 5.0% (June 2023: 7.1%; July 2022: 6.3%), which indicates that consumption recovery still takes time.Although overall topline growth of e-commerce platforms is likely to face short-term fluctuation due to macro uncertainties, e-commerce platforms are driving revenue growth and scale expansion in an efficient way and targeting for operating efficiency improvement, which likely leads to a benign than expected industry competition, and better than expected earnings growth in 2Q-3Q23. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

China Internet – July online retail sales recap

<ul>
<li>Joko Widodo /: Interview with Indonesian President Joko Widodo: A unifying ‘outsider’</li>
<li>IPO /: China’s first U.S. IPO under new listing rules moves a step closer</li>
<li>Economy /: Half of China’s provinces fall behind the national economy</li>
</ul>


Joko Widodo /: Interview with Indonesian President Joko Widodo: A unifying ‘outsider’
IPO /: China’s first U.S. IPO under new listing rules moves a step closer
Economy /: Half of China’s provinces fall behind the national economy


CX Daily: Interview With Indonesian President Joko Widodo: A Unifying ‘Outsider’

Macroeconomics

<ul><li>China’s top decision-making body on Monday highlighted the need to boost domestic demand and for policies to prop up the country’s private economy.</li><li>The July Politburo meeting is closely watched for signs of measures Beijing will implement to shore up growth, as the country’s post-pandemic economic recovery has lost momentum over the past few months.</li><li>“At the moment, the economy is facing new difficulties and challenges — mainly insufficient domestic demand, difficulties in the operations of some enterprises, risks and hidden dangers in key areas, and a complex and severe external environment,” stated the readout of the meeting chaired by President Xi Jinping.</li></ul>

China’s top decision-making body on Monday highlighted the need to boost domestic demand and for policies to prop up the country’s private economy.The July Politburo meeting is closely watched for signs of measures Beijing will implement to shore up growth, as the country’s post-pandemic economic recovery has lost momentum over the past few months.“At the moment, the economy is facing new difficulties and challenges — mainly insufficient domestic demand, difficulties in the operations of some enterprises, risks and hidden dangers in key areas, and a complex and severe external environment,” stated the readout of the meeting chaired by President Xi Jinping.

China Politburo Targets Boosting Domestic Demand, Private Sector

China

Alibaba Group Holding Limited is a Chinese multinational technology company specializing in e-commerce, retail, internet, and technology, offering C2C, B2C, and B2B sales services through various marketplaces. It also provides digital media and entertainment, logistics, and cloud computing services. The company was founded in Hangzhou, China, in 1999.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Alibaba (9988 HK)

CX Daily: Chinese Battery Makers Gird For Price War In Competition To Supply EV Producers

Batteries /Cover Story: Chinese battery makers gird for price war in competition to supply EV producers G20 /: Chinese premier meets Biden at...

Caixin Global

CX Daily: TikTok’s Foray Into Southeast Asian E-Commerce Is No Slam Dunk

E-commerce /In Depth: TikTok’s foray into Southeast Asian e-commerce is no slam dunk Jobless /: Charts of the Day: The missing data in China’s...

Caixin Global

China Internet – July online retail sales recap

The YoY growth of online physical goods GMV in July 2023 came in at 5.0% (June 2023: 7.1%; July 2022: 6.3%), which indicates that consumption...

CMB International

CX Daily: Interview With Indonesian President Joko Widodo: A Unifying ‘Outsider’

Joko Widodo /: Interview with Indonesian President Joko Widodo: A unifying ‘outsider’ IPO /: China’s first U.S. IPO under new listing rules moves...

Caixin Global

China Politburo Targets Boosting Domestic Demand, Private Sector

China’s top decision-making body on Monday highlighted the need to boost domestic demand and for policies to prop up the country’s private...

Caixin Global

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)