Express News | SAMR Guides Eight Platform Enterprises to Initiate a Self-Discipline Convention for Food Safety Management

BreakingsNov 7 19:00

Xiaomi Group saw a net inflow of HKD 9.67 billion through the Shanghai-Hong Kong Stock Connect.

Southbound funds recorded net inflows into Xiaomi Group (01810.HK), Huahong Semiconductor (01347.HK), and XPeng Motors (09868.HK), reaching 9.67 billion HKD, 6.06 billion HKD, and 3.63 billion HKD, respectively. Conversely, Southbound funds recorded net outflows from Tencent (00700.HK), Alibaba (09988.HK), and Kuaishou-W (01024.HK), amounting to 4.72 billion HKD, 3.62 billion HKD, and 2.95 billion HKD, respectively. The Shanghai-Hong Kong Stock Connect saw the highest net inflow of funds into actively traded shares of CNOOC (00883.HK) at 7.64 billion HKD, while the highest...

AASTOCKSNov 7 18:25

What is the intention behind Ele.me's rebranding, marking the disappearance of 'Blue Knight'?

It’s not just a name change. According to The Investors’ Network, in November 2025, the beta version of the Ele.me app, which has been operating for 18 years, was updated to version 12.0.1, with its brand identity officially switching to “Taobao Flash Purchase.” Multiple media outlets confirmed with platform customer service that this adjustment only involves a name change, while users’ existing membership benefits, red packet balances, order histories, and delivery services will remain unaffected. This seemingly understated brand iteration is, in fact, a key move in Alibaba’s six-month strategic deployment for instant retail. From the April upgrade of Taobao's 'Hour Delivery' to 'Taobao Flash Purchase,' to the June integration of Ele.me into Alibaba’s China E-commerce Business Group.

China InvestorsNov 7 18:01

The 2025 Forbes China Rich List has been released, with Meituan's Wang Xing seeing his wealth decline by $6.2 billion, making him the individual with the largest drop in net worth.

November 7 news, the 2025 Forbes China Rich List was released. Impacted by the intensified competition from Alibaba and JD.com, food delivery giant Meituan faces pressure on profitability. Chairman and CEO Wang Xing's net worth dropped by $6.2 billion (a decline of over 42%) to $8.4 billion. Whether measured in absolute value or percentage terms, this marks the largest decline in net worth among billionaires this year.

Sina TechnologyNov 7 17:57

Northbound Capital Dynamics | Northbound Capital Net Buy Amount Reaches RMB 7.523 Billion; Q3 Gross Margin Exceeds Expectations, with Over HKD 600 Million Added to Hua Hong Semiconductor (01347) Position

On November 7, in the Hong Kong stock market, Northbound capital recorded a net inflow of HKD 7.523 billion, including a net inflow of HKD 3.686 billion via the Shanghai-Hong Kong Stock Connect and HKD 3.837 billion via the Shenzhen-Hong Kong Stock Connect.

Zhitong FinanceNov 7 17:46

Express News | The General Office of the State Council: Strengthening the Research and Application of Core Technologies in the Field of Artificial Intelligence

BreakingsNov 7 17:04