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Tmall 618 Jumpstart: 43 Brands Achieve RMB100M+ in Sales in 1st Hour; 13K Brands Double Deals
Tmall 618 sales kicked off vigorously at 8 PM last Friday evening (16th), according to data from TTG (Taobao and Tmall Group) under BABA-W (09988.HK)(BABA.US). In the first hour of...
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Tmall 618 Jumpstart: 43 Brands Achieve RMB100M+ in Sales in 1st Hour; 13K Brands Double Deals
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Tmall 618 sales kicked off vigorously at 8 PM last Friday evening (16th), according to data from TTG (Taobao and Tmall Group) under BABA-W (09988.HK)  +2.300 (+1.930%)    Short selling $1.22B; Ratio 8.282%   (BABA.US)      .

In the first hour of sales, over 13,000 brands doubled their sales, with 43 brands including Apple (AAPL.US)      , MIDEA GROUP (00300.HK)  +1.000 (+1.247%)    Short selling $122.60M; Ratio 17.880%   (000333.SZ)  +1.150 (+1.482%)   , Haier, XIAOMI-W (01810.HK)  +1.650 (+3.152%)    Short selling $1.26B; Ratio 11.354%   , Huawei, Proya, Nike, Gree and L'Oreal swiftly surpassing RMB100 million.

Related NewsBOCOMI: Positive Improvement Expected in Int'l/ Domestic Mkts w/ Positive Catalyst for HK Stocks; Focus on 3 Main Lines Suggested
The number of brands in the "100 Million Club" spiked by over 50% compared to the same period last year. Major industries such as 3C digital, beauty, home appliances and decoration, clothing, sports and outdoor, pets, and international sectors all exceeded expectations in transactions.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-19 16:25.) (A Shares quote is delayed for at least 15 mins.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

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