Chinese Concept Stocks | JD Mall to Open First Hong Kong Store with CR Land Partnership

On September 19th (Friday, Eastern Standard Time), the three major U.S. stock indexes collectively closed higher. The S&P 500 Index rose by 0.49%, closing at 6664.36 points; the Dow Jones Index increased by 0.37%, closing at 46315.27 points; and the Nasdaq Index gained 0.72%, closing at 22631.48 points.

On September 19th, the Nasdaq Golden Dragon China Index fell by 0.25%.

Regarding popular Chinese concept stocks, XPeng Motors rose by 1.74%, Bilibili increased by 0.26%, Alibaba gained 0.21%, Baidu rose by 0.07%, Pinduoduo fell by 2.63%, TSMC decreased by 1.42%, JD.com fell by 0.79%, NetEase dropped by 0.56%, and NIO decreased by 0.07%.

Chinese concept stocks with consecutive gains include the following: Future Vision rose by 0.29% over 13 consecutive days, with a cumulative increase of 0.38%; Zhongqi Chafuk gained 0.14% over 7 consecutive days, with a cumulative increase of 12.88%; Together Education Technology increased by 9.09% over 6 consecutive days, with a cumulative gain of 55.73%; Trip.com rose by 0.47% over 5 consecutive days, with a cumulative increase of 6.29%; Pony.ai gained 18.55% over 5 consecutive days, with a cumulative increase of 38.16%; and Energy Chain Intelligent Electric rose by 5.26% over 5 consecutive days, with a cumulative increase of 31.83%.

Chinese concept stocks with consecutive declines include the following: Zhongjin Medical fell by 0.12% over 6 consecutive days, with a cumulative decrease of 15.03%; Luda Technology decreased by 1.52% over 5 consecutive days, with a cumulative decline of 39.44%; YK Technology dropped by 1.47% over 5 consecutive days, with a cumulative decrease of 9.05%; YNLF fell by 3.43% over 5 consecutive days, with a cumulative decline of 13.42%; and European Instrument decreased by 1.54% over 5 consecutive days, with a cumulative decline of 15.82%.

CR Land Signs Deal with JD Retail: JD Mall's First Hong Kong Store to Open at CR Bri 8 Bay View
On September 19th, CR Land and JD Retail held a signing ceremony for the "JD Mall Hong Kong First Store" project at CR Building in Hong Kong, announcing that JD Mall's first Hong Kong store will be located on the second floor of CR Bri 8 Bay View at 28 Harbour Road, Wan Chai. Both parties stated that this collaboration will leverage the characteristics of Hong Kong's international consumer market to create a new benchmark in smart retail. According to publicly available information, the new store is positioned as "trendy + technology + mid-to-high-end," and will comprehensively upgrade product selection, price advantages, and service standards. JD Retail General Manager Kang Fu, JD Group Vice President Yu Kun, CR Land Chairman Zhang Wei, and General Manager Wen Xuefei attended the ceremony. Both parties plan to continue deepening cooperation in smart retail, commercial real estate operations, and digital services to support Hong Kong's development as an international consumer center.

XPeng Motors Establishes New Sales and Service Company in Tianjin with a Registered Capital of 5 Million
According to Tianyancha App, on September 18th, Tianjin Zhipeng Automotive Sales and Service Co., Ltd. was established, with Chen Zhiyuan as the legal representative and a registered capital of 5 million RMB. Its business scope includes sales of new energy vehicles, motor vehicle charging sales, and charging pile sales, among others. Shareholder information shows that the company is wholly owned by Tianjin XPeng Automotive Sales and Service Co., Ltd.

Taobao Flash Sale and Ele.me Launch Group Buying, Competing with Amap
Ten days after Amap released its street sweeping rankings, Taobao Flash Sale and Ele.me will launch group buying business for in-store merchants, prioritizing restaurant group buying. On September 20th, the group buying business will first be piloted in core business districts in Shanghai, Shenzhen, and Jiaxing, followed by a nationwide rollout in first and second-tier cities. That day is Saturday—the peak order day for Taobao Flash Sale's instant delivery service during the week—and it coincides with the peak traffic of the National Day Golden Week, competing with group buying from Meituan and Dianping. The business will provide the same group buying supply through Taobao Flash Sale and Ele.me but will simultaneously launch on Taobao, Alipay, and Amap, the largest traffic portals within the Alibaba ecosystem.

JD.com: iPhone 17 Trade-In Sales Four Times Higher Than Last Year
As of 12:00 PM on September 19th, more than 30,000 users nationwide have successfully received the new iPhone 17 series from JD.com. On the 19th, users receiving new devices were spread across major cities and 80% of districts and counties nationwide. JD.com data shows that within one minute of the iPhone 17 series pre-sale starting, transaction volume exceeded the entire day of last year, setting a new sales record. As of 10:00 AM on September 19th, iPhone 17 trade-in sales were four times higher than the same period last year.

Alipay Completes Renaming of Two Operating Entities
On September 19th, the People's Bank of China Shanghai branch disclosed administrative licensing decision information, approving the renaming of Alipay (China) Network Technology Co., Ltd. to Alipay Payment Technology Co., Ltd. Additionally, it was reported that the operating entity of the Alipay App, Alipay (Hangzhou) Information Technology Co., Ltd., has also been renamed to Alipay (Hangzhou) Digital Service Technology Co., Ltd. Alipay stated that this change is part of Ant Group's "Alipay Double Flywheel" strategy to promote corporate governance upgrades. As the sole operating entity for Ant Group's payment business, Alipay Payment Technology Co., Ltd. will continue to focus on payment technology innovation such as "Touch and Pay" and "AI Payment" to provide payment services. As the operating entity of the Alipay App, Alipay (Hangzhou) Digital Service Information Technology Co., Ltd. will focus on increasing product technology development and openness in the AI era to support the digital upgrade of China's service industry.

Li Auto and CATL Reach Comprehensive Strategic Partnership
On September 18th, Li Auto and CATL signed a five-year comprehensive strategic partnership agreement and completed the award ceremony. Both parties will engage in deep cooperation in battery safety, ultra-fast charging technology, and other areas, jointly expanding domestic and international business and promoting battery technology innovation and global layout. CATL will provide Li Auto with high-performance, high-safety, high-quality power battery systems for all its products, including but not limited to ternary lithium batteries, M3P batteries, lithium iron phosphate batteries, and sodium-ion batteries.