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
Christmas Product Orders Rise by 50% YoY on 1st Day of Alibaba.com 'Foreign Trade 618': Wire
3 June marked the official start of BABA-W (09988.HK)(BABA.US)'s Alibaba.com 'foreign trade 618'. A large number of US buyers flocked in, with orders for Christmas-rela...
Reset
Send
The window will close in 5 seconds
Christmas Product Orders Rise by 50% YoY on 1st Day of Alibaba.com 'Foreign Trade 618': Wire
Close
Recommend
22
Positive
37
Negative
17
 
 

3 June marked the official start of BABA-W (09988.HK)  -1.700 (-1.437%)    Short selling $1.71B; Ratio 19.496%   (BABA.US)      's Alibaba.com 'foreign trade 618'. A large number of US buyers flocked in, with orders for Christmas-related products increasing by over 50%, according to Chinese media.

Popular festive items such as accessories saw an annual incline of more than 1.2x. The order volume of toy products, commonly used as Christmas gifts, spiked 6x from the same period last year. Foreign trade merchants reported that this year's Christmas stocking season started three months earlier than usual.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-06-06 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

Related NewsHSBC Research: Not All of Alibaba's RMB10B+ Investment in Food Delivery & Insta-Shopping Is New

AASTOCKS Financial News
Website: www.aastocks.com

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.