BABA-W (09988.HK) -2.600 (-2.251%) Short selling $403.47M; Ratio 7.766% (BABA.US) 's logistics flagship, Cainiao Group, announced that Hong Kong, Macao and overseas consumers are participating in e-commerce shopping festivals through Taobao, AliExpress and other platforms. Driven by the recent “618 global shopping festival”, the number of Cainiao cross-border consolidated shipping users saw a new round of growth, and the total number of Cainiao Hong Kong registered users in June grew by 95% YoY. Recently, the Cainiao App has even reached the top of the App Store's free lifestyle apps list in Hong Kong.Related NewsTF Securities: Investors Shall Wait for Easing of Capital/ Sentiment Before Entering HK Stock Mkt, Observe Whether Capital Flows Back to Heavyweights Like BABA & XIAOMIAt present, Cainiao opened direct shipping routes to more than 10 countries and regions, such as the US, Canada, Australia, New Zealand, Singapore, Malaysia, Thailand and Hong Kong. This year, it has plans to expand new routes to Russia, the UK and France.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-06-26 12:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)