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Live World News @NexthPress
2 months ago
China's internet lenders expand as Beijing eases rules. Major Chinese internet lending platforms are cautiously expanding consumer credit operations after Beijing eased years of regulatory pressure and launched interest subsidies in August, though rising defaults threaten to derail the nascent recovery. Ant Group, ByteDance, Tencent, and Meituan are increasing lending activities following Beijing's introduction of a one-percentage-point interest subsidy for eligible consumer loans, running from September 1, 2025, to August 31, 2026 #ChinaFinance #Fintech #AntGroup #Tencent #ByteDance #Meituan #ConsumerCredit #Regulation #EconomicRecovery https://www.perplexity.ai/...
Live World News @NexthPress
2 months ago
Alibaba-Meituan trade yields 130% as food delivery war rages. A paired trading strategy betting on the growing performance gap between two Chinese tech giants has delivered a 130% return year-to-date, as Alibaba Group Holding surges while Meituan stumbles in an intensifying food delivery price war. Going long on Hong Kong-listed Alibaba while shorting Meituan has proven highly profitable, according to Bloomberg reporting published November 6. Alibaba's stock has nearly doubled this year on artificial intelligence enthusiasm, while Meituan's shares have plunged approximately 33% amid market share losses in food delivery.#Alibaba #Meituan #ChinaTech #FoodDelivery #AI #HongKongStocks #TradingStrategy https://www.perplexity.ai/...

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