Hong Kong Stock Market Close: Hang Seng Index and Hang Seng China Enterprises Index End Five-Day Losing Streak; Biopharmaceutical Stocks Surge, Memory Chip Stocks Under Pressure

On September 14, Hong Kong's three major stock indices opened lower but then rallied, snapping a five-day losing streak. The Hang Seng Index and the H‑Share Index closed up 0.45% and 0.46%,

Gelonghui FinanceSep 14 16:35

“Browsing” Supermarkets to Stimulate Purchase Desire: New Retail’s Multi-Pronged Encirclement and Traditional Supermarkets’ “Defensive Battle” and “Survival Tactics” | The Crossroads of Supermarket Retail

① Traditional supermarkets and hypermarkets are revitalizing the in-store shopping experience and boosting customer purchase intent by renovating store layouts, expanding their 3R categories—namely

cls.cnSep 13 17:44

Express News | As the Shanghai Tourism Festival launches, cultural and tourism bookings in Shanghai rose 15% year-on-year over the past week.

On September 12, the grand parade of the 37th Shanghai Tourism Festival kicked off, driving continued growth in Shanghai’s cultural and tourism consumption. Starting September 13, selected scenic spots across the city introduced consumer-friendly promotions, including half-price tickets. Data from Meituan shows that cultural and tourism bookings in Shanghai increased by 15% year-on-year over the past week. In terms of visitor origin, Beijing, Hangzhou, Suzhou, Shenzhen, and Guangzhou were the top source cities for non-local tourists. Regarding popularity, the top five scenic spots were Shanghai Disney Resort, Shanghai Wild Animal Park, Shanghai Happy Valley, Shanghai Haichang Ocean Park, and Shanghai LEGOLAND Resort. (The Paper)

BreakingsSep 13 10:35

Gu Lei of McDonald's China: First drone delivery route dedicated to a restaurant brand launched in China

Gelonghui, September 12 | On September 12, McDonald's China unveiled its offline consumption innovation achievements at the China International Fair for Trade in Services. At the event, McDonald's

Gelonghui FinanceSep 12 22:13

Ministry of Transport: The online ride-hailing regulatory information exchange system received a total of 1.069 billion order records in August.

According to monitoring data from the online ride-hailing regulatory information exchange system, as of August 31, 2026, a total of 402 online ride-hailing platform companies nationwide had obtained operating licenses for online ride-hailing platforms, unchanged from the previous month.

Zhitong FinanceSep 11 16:00

JPMorgan: Profit margins in mainland China's e-commerce sector are undergoing a structural shift; top picks are Alibaba (09988.HK) and JD.com (09618.HK)

JPMorgan issued a report stating that the three engines driving the growth of mainland China's e-commerce platforms over the past 15 years—namely, competition for market share, demand concentration during shopping festivals, and subsidies (initially funded by platforms and later by the state)—are simultaneously weakening between April 2025 and June 2026. The bank noted that the rate of market share loss for traditional platforms has slowed to approximately 1 percentage point per year, down from 3 to 5 percentage points between 2021 and 2023. Gross Merchandise Value (GMV) growth on e-commerce platforms during the “618” shopping festival declined to around 1%, even though the promotional period was extended to 37 days. The Code of Conduct on Pricing has restricted platforms’ use of subsidies and festive promotional tools, while the national trade-in program has also

AASTOCKSSep 11 14:47