SG#MTUANRP2812U

AOM INT'L

KO YO GROUP

MABPHARM-B

MOST KWAI CHUNG

CHINA ORAL IND

BRIGHT SMART

CCT FORTIS

EASY SMART GP

CEN PLAZA HOTEL

SMART DIGI TECH

DIDIY

03690

83690

HMTD

MPNGY

'Food delivery war' has been replicated in Brazil—will DIDIY spend whatever it takes? Ride-hailing leader $DiDi(DIDIY.US) released its 2025 final-quarter results pre-market today (Mar. 13).Overall, domestic operations remained solid, with volumes growing steadily and margins inching higher. Not a standout quarter, but no material flaws.The concern lies overseas, as spending on Brazil food delivery kept climbing. The market was braced for losses, yet a single-quarter deficit of RMB 3.4 bn came in far worse than expected.Specifically: 1) Domestic mobility grew steadily. This quarter's domestic GTV was RMB 87.2 bn...

Food-delivery war spreads to Brazil; DiDi also suffers.

CWEB

YINN

At the Meituan 2026 management communication meeting, Wang Xing emphasized reducing the informal nature of internal titles, hoping everyone would directly call him "Wang Xing" instead of "Xing Ge." He believes this form of address seems too informal and hopes company managers can embrace new things and trends. Wang Xing mentioned that the title "Xing Ge" originated from his dormitory life with Meituan co-founder Wang Huiwen, calling on everyone to start from themselves to promote a cultural shift within the company

雷帝触网

Direxion CSI China Internet Index Bull 2X

Direxion FTSE China Bull 3X

Meituan

MEITUAN

Wang Xing: We should all strive to "reduce the taste of climbing," and internally, don't call me "Brother Xing" anymore

Goldman Sachs has lowered the target price for Meituan to 112 yuan, with a rating of "Buy." It is expected that Meituan's revenue in the fourth quarter of last year will grow by 4% year-on-year, but due to increased user subsidies, core local e-commerce revenue will see zero growth, with an EBITDA loss of 15.5 billion yuan. The EBITDA loss for core local e-commerce in the fourth quarter is expected to be 10 billion yuan, with a total group loss of 14 billion yuan. Adjusted profit forecasts have been raised by 1%, lowered by 32%, and lowered by 9%

AASTOCKS

Goldman Sachs lowers Meituan's target price to 112 yuan, rating "Buy"

Meituan's Xiaoxiang Supermarket has opened its first offline store in Hangzhou, covering an area of over 5,000 square meters, located in Longhu Hangzhou Zijing Tianjie, replacing Yonghui Supermarket. The store will adopt a model that combines offline large store experience with online instant delivery, offering a full range of products. This opening marks Xiaoxiang Supermarket's third offline store nationwide, further enhancing its layout in the East China region

According to reports, Meituan's Little Elephant Supermarket has opened its first store in Hangzhou

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On March 12th, the Hong Kong stock market closed with all three major indices collectively retreating into a consolidation phase, with the Hang Seng Index down 0.70%. The system software sector was dragged down by significant declines in Zhipu and Dipu Technology, showing weak performance. Market turnover remained high, with Tencent, Alibaba, and CNOOC leading in trading volume. Baidu's release of the "Red Hand Operator" has attracted market attention

- On March 12, Hong Kong's stock market experienced a collective pullback with cautious sentiment prevailing.  
- The Hang Seng Index closed at 25,716.76, down 0.70%, while the Hang Seng Tech Index fell 0.54%, both failing to reach new highs.  
- Overall, the market's adjustments are limited, with structural opportunities still present despite a defensive approach in the absence of new growth points.

Market Heartbeat

TENCENT

HUA HONG SEMI

SMIC

BIDU-SW

LAOPU GOLD

BANK OF CHINA

LI AUTO-W

Hong Kong Stock Market Closing | Hang Seng Index fell 0.70%, system software plummeted, Tencent and Alibaba had the highest trading volumes

09626

688347

588780

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HUA HONG SEMI and Montage Technology rose over 3%; "lobster" concept stocks opened high and fell low, MINIMAX dropped 5%, KNOWLEDGE ATLAS fell nearly 9%; most tech stocks declined, with BILIBILI and Trip.com both dropping over 2%

Wallstreetcn

BILIBILI-W

Hua Hong

GTJA Allianz SSE STAR Chip Design Thematic ETF

Guotai CSI Semiconductor Material Equipment Theme ETF

Montage Technology

Guotai CSI All Share Integrated Circuit ETF

China Southern CSI Semiconductor Industry Custom ETF

KNOWLEDGE ATLAS

Guotai CES Semiconductor Chip Industry ETF

GTJA Allianz CSI All Share Semiconductors & Semiconductor Equipment ETF

Hong Kong stocks close: Hang Seng Index down 0.7%, Hang Seng Tech Index down 0.54%

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01093

00883

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The Hang Seng Index closed at 25,716 points, down 182 points or 0.7%; the Hang Seng Tech Index reported 5,027 points, down 27 points or 0.5%. The total market turnover was HKD 242.18 billion. Among the actively traded blue-chip stocks, Alibaba, Tencent, Meituan, and Xiaomi all saw declines. CSPC Pharma fell over 4%, while CNOOC, Shenhua, and CHINA RISUN GP reached new highs with strong trading volume

CHINA RISUN GP

CSPC PHARMA

CNOOC

QINGSONG HEALTH

XIAOMI-W

The Hang Seng Index closed at 25,716 points, down 182 points; the Hang Seng Tech Index closed at 5,027 points, down 27 points. CSPC PHARMA fell over 4%, while CNOOC, Shenhua, CHINA RISUN GP, QINGSONG HEALTH, and Health 160 reached new highs with active trading

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STECH

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The Hang Seng Index closed at 25,579 points, down 318 points or 1.2%; the Hang Seng TECH Index reported 4,994 points, down 60 points or 1.2%. Among the active heavyweight stocks, Alibaba fell 2.3%, Meituan dropped 1.7%, and Tencent decreased by 1.1%. CMOC fell 5.5%, and NONGFU SPRING dropped 5.4%. CNOOC and China Shenhua hit new highs, rising 3.4% and 3.1% respectively

YANKUANG ENERGY

Hang Seng TECH Index

CHINA SHENHUA

CMOC

NONGFU SPRING

Hang Seng Index

CHINA OILFIELD

CHINA BLUECHEM

COSL

CSEC/China Shenhua

FI CSOP HSI

FL2 CSOP HSI

The Half-Day Express reports that the Hang Seng Index fell by 318 points; the Hang Seng TECH Index dropped by 60 points. CMOC fell over 5%. CNOOC, China Shenhua, CHINA RISUN GP, Qingsong Health, and YANKUANG ENERGY reached new highs

BYDDY

The Nasdaq Golden Dragon China Index initially closed down 0.7%. Among popular Chinese concept stocks, Tencent fell 4%, Nio fell 3.6%, XPeng fell 3%, Meituan fell 2.4%, and PDD fell 1.8%; BYD rose 1.1%, JD rose 1.4%, XPeng rose 2.3%, and Li Auto rose 3.1%

BYD Company

PONY-W

Tencent Holdings Limited

BYD COMPANY

JD-SW

XPENG-W

Tencent

Invesco Golden Dragon China

BYD Company Limited

JD.com

NIO-SW

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At the beginning of the U.S. stock market, Chinese concept stocks showed mixed performance. CSI Solar rose over 4.9%, Li Auto rose 4.6%, XPeng rose 2.8%, Daqo Energy rose 2.3%, WERIDE rose 1.9%, BYD, BEKE, and JinkoSolar rose over 1%, and Nio rose 0.8%. Meanwhile, Xiaomi, Meituan, and PDD fell by as much as 1.9%, Huazhu, Leapmotor, and TENCENT fell by up to 2.7%, Century Internet fell 3%, GDS fell 4.1%, Kingsoft Cloud fell 4.5%, and TENCENT fell 4.6%

GDS-SW

XPeng

Daqo Energy

TME-SW

Li Auto

CSI Solar

HWORLD-S

WERIDE-W

BEKE-W

Meituan announced the upgrade of its "Star Eye" large model and integrated software-hardware service system, which is planned to be launched in April 2025. The new system will address issues such as high costs, high latency, and privacy protection in food safety scenarios through "end-cloud collaboration" and Agent technology architecture, achieving a shift in risk supervision from "post-event tracing" to "real-time blocking." Currently, pilot projects have been conducted in the field of catering food safety monitoring

Meituan upgrades the "Star Eye" large model, shifting food safety governance from "kitchen monitoring" to "full-chain risk control"

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BABA

XIACY

BABX

02828

KBAB

The total short selling amount in the Hong Kong stock market reached HKD 37.56 billion, accounting for 21.6% of the turnover of shortable stocks. The main shorted stocks include Tencent, Alibaba, Xiaomi Corporation, Meituan, and HSCEI ETF, with short selling ratios of 20.9%, 19.7%, 35.6%, 50.9%, and 18.2% respectively

BABA-W

Alibaba

Xiaomi Corporation

BABA 2x Long Daily ETF - GraniteShares

HSCEI ETF

KraneShares 2x Long BABA Daily ETF

The total short selling in Hong Kong stocks for the day was HKD 37.56 billion, accounting for 21.6% of the turnover of shortable shares

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The three major indices of the Hong Kong stock market slightly adjusted today, with the Hang Seng Index, Hang Seng Tech Index, and the National Enterprises Index failing to continue reaching new highs during this phase, as the market oscillated around previous highs. The internet and telecommunications sectors showed mixed performance, with Tencent Holdings and Alibaba experiencing slight declines, while Changfei Fiber Optics fell 7.23%, leading the decline among popular stocks. Shandong Molong and CATL strengthened against the trend, with overall trading activity being active, as market sentiment leaned towards caution during the intermittent macro data period

- Today's Hong Kong stock market saw slight declines with cautious sentiment, as the Hang Seng Index closed at 25,898.76, down 0.24%.  
- Key sectors experienced mixed performances, with notable declines in retail stocks like Meituan, which fell 2.15%.  
- Shandong Molong surged 17.29%, becoming a focal point for market interest despite overall profitability concerns in sectors like communication equipment.

YOFC

CHALCO

HORIZONROBOT-W

SUNNY OPTICAL

KUAISHOU-W

NANJING PANDA

SHANDONG MOLONG

QUANTGROUP

Hong Kong stock market closing | Hang Seng Index down 0.24%, high-level consolidation, Shandong Molong surged 17.29%

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China restricts state-owned enterprises and government agencies from running OpenClaw AI applications on office computers, leading to a decline in related concept stocks. MiniMax's stock price fell 8.28% to 1,119 yuan, KNOWLEDGE ATLAS fell 5.55% to 613 yuan, Meituan fell 2.65% to 77 yuan, and TENCENT fell 0.18% to 552.5 yuan

MINIMAX-WP

It is reported that mainland China restricts state-owned enterprises from installing OpenClaw MiniMax, which fell more than 8% in the afternoon

Didi

Financial Analysis

DiDi

MEITUAN-WR

Meituan HK SDR 5to1

Vips

$Vipshops(VIPS.US) released its Q4 2025 results on the evening of Feb 26. Despite earlier lowering guidance, the print still came in weaker: revenue slipped back into negative growth, while expense discipline kept profit growing.Specifically: 1) Core operating metrics — GMV growth stalled again this quarter, with YoY growth under 1%, missing market expectations. The drag came from another decline in active users, down Approx. 400k YoY, and a clear drop in order frequency per user, driving total orders down 5% YoY...

Vipshops

J&T EXPRESS-W

BABA-WR

Alibaba HK SDR 5to1

YieldMax BABA Option Income Strategy ETF

VIPS: Negative Growth Again? 10% Shareholder Return to the Rescue

Just bought my first Hong Kong stock, Meituan, through Stock Connect.I think Wang Xing is a tough guy who won't be knocked down.Finally got to experience Stock Connect.The overall operation was okay.Still figuring it out.Not investment advice!

Today’s Key News Recap

Feb 6 | Dolphin Research focus: 🐬 Stock 1, $BABA-W(09988.HK) Alibaba's Qwen app launched a 'Spring Festival RMB 3bn free-order' campaign today. The first wave centers on AI one-line prompts to order milk tea for free.Notably, WeChat further blocked today the promo passwords for red-envelope campaigns run by both Alibaba Qwen and Tencent Yuanbao. As a result, those keywords can no longer be copied or recognized in private or group chats.The move aims to protect WeChat's platform ecosystem and curb over-marketing that disrupts user experience. It also helps defend its social-traffic moat...

TENCENT-R

Amazon

Roblox

DingDong

NIO Inc. USD OV

NIO Inc

Tencent HK SDR 10to1

Alibaba Qwen's Lunar New Year free-order promo was blocked by WeChat; Nio surged after its first-ever quarterly profit | Daily News Recap

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It is terrible that silver's entire gains are wiped out. Where did the money go to?

Featured

I’m surprised to hear about the threat to $Novo Nordisk AS(NVO.US). I thought their drug would be protected by patents.

Dacai

Amzn down 10% is not a surprise with all other tech companies also falling greatly after announcing more than expected capex for 2026. US traders taking profits before tax season, people panic selling, institutions force selling to drive down the prices are what's causing this dip in the stock market. Eventually, these institutions will also be the ones buying the bottom and driving the rally once more. Investors just sit tight and dca into the stocks they have conviction and wait out.

Grab

NewUser_CkrdqW 

Current rate of return reached top 10% of users
Calculated based on  your Longbridge (Singapore) A/C

Rate Of Return

A sharp contrast between overvalued US tech stocks that we priced for perection Vs Chinese NIO that is beaten down and with lowered expectations.

LazyCat

Dividend Collector

Current rate of return reached top 30% of users
Calculated based on  your Longbridge (Singapore) A/C

Metals &amp; AMZN crash on a wild Friday. A $717M deal and Nio's profit surprise inside. Share your view &amp; earn Task Coins!

Hims & Hers Health

ETFS Capital Ltd.

ING Groep

Spotify

Hasbro

Guess

SPDR Gold Shares

iShares Silver Tr

Pro Ultr Silver

GLD SG

Qualcomm

🔥 Market Snapshot:  Metals Crash, AMZN Plunge & $717M Deal | Feb 6, 2026

SG#MTUANRP2812U(60041.HK)

Food-delivery war spreads to Brazil; DiDi also suffers.

Wang Xing: We should all strive to "reduce the taste of climbing," and internally, don't call me "Brother Xing" anymore

Goldman Sachs lowers Meituan's target price to 112 yuan, rating "Buy"

According to reports, Meituan's Little Elephant Supermarket has opened its first store in Hangzhou

Hong Kong Stock Market Closing | Hang Seng Index fell 0.70%, system software plummeted, Tencent and Alibaba had the highest trading volumes