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JD 'Double 11' Sales Growth in HK Remarkable w/ Handset Deals Leaping 170% YoY
During this year's "Double 11" (from October 14 to November 11), JD-SW (09618.HK) logged significant sales growth across various product categories in the Hong Kong r...
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JD 'Double 11' Sales Growth in HK Remarkable w/ Handset Deals Leaping 170% YoY
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During this year's "Double 11" (from October 14 to November 11), JD-SW (09618.HK)  -0.400 (-0.290%)    Short selling $691.79M; Ratio 28.163%   logged significant sales growth across various product categories in the Hong Kong region.

Of which, the transaction value of handset products soared by 170% YoY, with the iPhone 16 Pro Max being the best-seller to drive the transaction value of the Apple (AAPL.US)      brand up by 208% YoY.

Related NewsDaiwa Adds XIAOMI-W (01810.HK) TP to $31.5 as Profitability Slightly Beats
In addition, Chinese smartphone brand vivo saw its transaction value grow more than three times YoY, while HONOR's transaction value surged by 117% YoY.

The company also noted that in terms of order volume, high-value-for-money products from brands like XIAOMI-W (01810.HK)  +0.400 (+1.421%)    Short selling $1.49B; Ratio 20.180%   are particularly favored by Hong Kong users.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-11-22 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

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