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Express News | Li Qiang signed the State Council order, announcing the "Regulations on Reporting Tax-related Information by Internet Platform Enterprises."
Douyin e-commerce 618 data released: over 0.06 million brands' transaction amount doubled year-on-year.
On June 20, Douyin E-commerce released data for the 618 promotional event showing that from May 13 to June 18, over 0.06 million brands doubled their transaction amounts year-on-year, and over 2,000 individual products had transaction amounts exceeding 10 million yuan.
After the valuation has increased, what will Chinese concept stocks compete for in the second half? UBS Group highlights: AI, profit margins, new markets...
UBS Group believes that the surge of Concept stocks in the Internet sector in the first half of the year was primarily driven by valuation rather than profitability improvement, particularly for Stocks with AI Concept. Mid and small market cap stocks have outperformed the broader market. Investors need to focus in the second half of the year on AI monetization, overseas expansion, and margin reconstruction. The commercialization process of artificial intelligence is accelerating, with three areas showing early visible monetization: cloud services, advertising, and AI agents. Under policy guidance, the commission rates for Internet platforms are expected to converge and shift from commission-based revenue to advertising income.
Express News | Paul Chan Mo-po: Welcome more Chinese concept stocks to return to Hong Kong stocks.
Express News | The State Administration for Market Regulation: The market regulation department will organize and implement the co-management commitments for the safety and recall of consumer goods on E-Commerce platforms.
Express News | Sealand: Kuaijishan demonstrates strong performance resilience, first assigned a "Shareholding" rating.
