{
UBS Investment Bank

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}

China's economic stimulus boosts e-commerce and retail sectors recovery

China's economic stimulus policies are beginning to revitalize e-commerce and retail sectors, with high-end retail performing well during the recent Golden Week holiday. The tourism sector also saw a 6% growth, while internet firms' earnings are stabilizing, with projected growth in earnings per share over the next few years. Opportunities in local groceries and cross-border shopping are emerging, as leading platforms focus on supply chain efficiency to enhance profit margins.
@yicaichina
United States Dollar UBS Investment Bank CHN Kenneth Fong
TradFi, Market Report
13:41 28.10.2024
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