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29/08/2025

Alibaba's pre-market gains in US stocks have expanded to nearly 7%. The management of Alibaba stated in a conference call that the monthly active users of Taobao's flash sale have reached 300 million, an increase of 200% compared to April. In the next three years, flash sales and instant retail are expected to bring in 1 trillion yuan in new transactions.

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Egkolfopoulou from the American legal news team reported on Federal Reserve Board member Cook's hearing, stating that the hearing had been ongoing for over 45 minutes, and it was evident that both sides had many key points to make, with the judge also eager to analyze their arguments.

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Nanjing Securities (601990.SH) released its semi-annual performance, with a net profit attributable to the parent company of 621 million yuan, an increase of 13.65% year-on-year.

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Dongyang Guangyao (06887.HK) releases interim financial results with a gross profit of 1.468 billion yuan.

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Sunshine Power (00757.HK) released its interim performance, with a shareholder's attributable loss of 109 million yuan, a year-on-year increase of 7.88%.

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Leshi International (00842.HK) released its interim results with a net profit attributable to shareholders of 93.74 million yuan, a decrease of 61.71% year-on-year.

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