Zhi Tong Cai Jing·2025-12-11 10:34Core Viewpoint - Hong Kong Technology Exploration (01137) reported a slowdown in its e-commerce business performance for November 2025, following the end of the October Thanksgiving event [1] Group 1: Order Metrics - The average daily order quantity decreased by 2.6% month-on-month to 48,800 orders in November 2025, down from 50,100 orders in October 2025 [1] - The average order value fell by 2.0% month-on-month to HKD 434 in November 2025, compared to HKD 443 in October 2025 [1] Group 2: Transaction Value - The average daily total merchandise transaction value declined by 4.5% month-on-month to HKD 21.2 million in November 2025, down from HKD 22.2 million in October 2025 [1] - The total merchandise transaction value for November 2025 was HKD 636 million, a decrease of 7.6% month-on-month and 7.4% year-on-year from HKD 688 million in October 2025 [1]