Group 1 - The core viewpoint of the article is that Hong Kong Technology Exploration (01137.HK) has reported stable performance in its electronic commerce business as of September 2025, with slight declines in key metrics [1] Group 2 - The average daily order total merchandise transaction value decreased by 1.4% month-on-month and 2.7% year-on-year to HKD 21.6 million, resulting in a total merchandise transaction value of HKD 649 million [1] - The number of independent customers decreased by 1.9% month-on-month but increased slightly by 1.3% year-on-year to 610,000 customers, indicating stable customer engagement and loyalty [1]

Core Viewpoint - Hong Kong Technology Exploration (01137) announced that its electronic commerce business in Hong Kong is expected to remain stable until September 2025, with slight declines in key metrics [1] Summary by Categories Business Performance - The average daily order total merchandise transaction value decreased by 1.4% month-on-month and by 2.7% year-on-year, reaching HKD 21.6 million, resulting in a total merchandise transaction value of HKD 649 million [1] Customer Metrics - The number of independent customers declined by 1.9% month-on-month, but showed a slight increase of 1.3% year-on-year, totaling 610,000 customers, indicating stable customer engagement and loyalty [1]

Core Viewpoint - Hong Kong Technology Exploration (01137) reported that its electronic commerce business performance is expected to remain stable until September 2025, with slight declines in key metrics [1] Summary by Relevant Categories Business Performance - The average daily order total gross merchandise value (GMV) experienced a month-on-month decrease of 1.4% and a year-on-year decline of 2.7%, reaching 21.6 million HKD, resulting in a total GMV of 649 million HKD [1] Customer Metrics - The number of independent customers decreased by 1.9% month-on-month, while it saw a slight year-on-year increase of 1.3%, totaling 610,000 customers, indicating stable customer engagement and loyalty [1]

Core Viewpoint - Hong Kong Technology Exploration (01137.HK) reported a slight decline in total merchandise transaction value by 1.2% to HKD 4.183 billion for the first half of 2025, alongside a net loss of HKD 23.2 million, attributed to losses in new exploration and technology businesses, as well as increased valuation losses on investment properties [1] Group 1: Financial Performance - Total merchandise transaction value decreased by 1.2% to HKD 4.183 billion in the first half of 2025 [1] - Net loss for the first half of 2025 was HKD 23.2 million, compared to a loss of HKD 27.5 million in the same period of 2024 [1] - Basic and diluted loss per share was HKD 0.03 [1] Group 2: Business Strategy - The company adopted a prudent strategy in its Hong Kong e-commerce business to mitigate the impact on sales performance and enhance cost efficiency [1] - Despite facing adverse conditions, the performance of the Hong Kong e-commerce business showed improvement in the first half of 2025 [1]

Core Viewpoint - TOM Group (02383.HK) reported a slight increase in revenue for the first half of 2025, while reducing its losses compared to the previous year [1] Financial Performance - The group's total revenue for the first half of 2025 was HKD 339 million, representing a year-on-year growth of 1.13% [1] - The loss attributable to equity holders was HKD 98.7 million, an improvement from a loss of HKD 145 million in the same period last year [1] - Basic loss per share was HKD 0.0249 [1] Business Segments - Revenue from the media business amounted to HKD 336 million, with a segment profit of HKD 19 million [1] - Revenue from technology platforms and investment business totaled HKD 3 million, with a segment profit of HKD 900,000, which included a reversal from e-commerce business during the review period [1]