News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
 Content Sharing
AliExpress Intends to Build New Springboard for CN Brands to Go Global
AliExpress, a cross-border e-commerce platform under BABA-W (09988.HK), held a closed-door top brand overseas expansion summit in Shenzhen.In order to build a new springboard for C...
Reset
Send
The window will close in 5 seconds
AliExpress Intends to Build New Springboard for CN Brands to Go Global
Close
Recommend
20
Positive
37
Negative
13
 
SHORT SELL
 
STOCK INFO
aacat by AASTOCKS
Open a new trading account to get 1 Intel/Selected Gold ETF share!

AliExpress, a cross-border e-commerce platform under BABA-W (09988.HK)  -4.100 (-3.132%)    Short selling $1.00B; Ratio 15.917%   , held a closed-door top brand overseas expansion summit in Shenzhen.

In order to build a new springboard for Chinese brands going global, AliExpress will position itself as the main base for the digital transformation of Chinese brands overseas, said President Jing Shi at the summit, quoted by Shanghai Securities News.

Related NewsCLSA: Launch of WeChat AI Agent by TENCENT Only Matter of Time, Expected Within the Year
In other words, Jing stressed that AliExpress will no longer serve merely as a sales channel, but will transition toward becoming a brand growth booster.

Meanwhile, four big brands, Unitree, Dreame, LI NING (02331.HK)  -0.480 (-2.613%)    Short selling $74.04M; Ratio 20.181%   , and XTEP INT'L (01368.HK)  -0.010 (-0.223%)    Short selling $9.01M; Ratio 18.699%   , have signed agreements on-site to join AliExpress' overseas expansion program, Brand+.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-06-03 12:25.)

Auto-translated by AI
View Original Text
This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation.

AASTOCKS Financial News
Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.