香港科技探索(01137)发布公告，继10月感谢祭于月内结束后，香港电子商贸业务于2025年11月的表现 放缓。平均每日订单数量按月下降2.6%至4.88万张(2025年10月：5.01万张)，及平均订单值按月下降 2.0%至434港元(2025年10月：443港元)，促使2025年11月的平均每日订单总商品交易额按月下降4.5%至 2120万港元(2025年10月：2220万港元)，而2025年11月的每月订单总商品交易额则取得6.36亿港元(2025 年10月：6.88亿港元)，环比下降7.6%，同比下降7.4%。 ...

Core Viewpoint - Hong Kong Technology Exploration (01137.HK) reported a slight recovery in its e-commerce business in October 2025, primarily driven by the October Thanksgiving festival [1] Group 1: Business Performance - The average daily gross merchandise value (GMV) increased by 2.8% to HKD 22.2 million in October 2025, compared to HKD 21.6 million in September 2025 [1] - The total monthly GMV reached HKD 688 million in October 2025, up from HKD 649 million in September 2025 [1] - The number of independent customers rose to 620,000 in October 2025, reflecting a monthly increase of 1.6% and an annual increase of 2.3% [1] Group 2: Customer Engagement - The number of monthly active independent devices increased to 1.61 million in October 2025, up from 1.57 million in September 2025, indicating stable growth in traffic [1] Group 3: Industry Challenges - The retail sector in Hong Kong continues to face structural challenges, influenced by shifts in consumer behavior, increased outbound tourism, and intensified competition from mainland and international e-commerce platforms [1]

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]