... and predictable cash flow. Average Order Value: Disciplinary measures in promotional policy are essential for maintaining gross margins. Retention: Loyalty programs and personalization enhance LTV. For assessing trend sustainability, investors should monitor the interplay between "active users × frequency × average order value." Market Reaction and Valuation of VIPS Shares The price movement of +2.3% reflects a reassessment of the likelihood of improved margins and profit quality. The ...

... of the economy and the profitability prospects of companies. The outcomes of these events will impact the stock market, oil prices, exchange rates, and overall business activity. Key Events on Monday, July 28, 2025: Meeting of the OPEC+ Ministerial Monitoring Committee, which will discuss compliance with oil production cut agreements. Publication of corporate reports, including second quarter and first half of 2025 results from several companies (e.g., TGC-1 and Safmar Financial Investments (SFIN) ...

... prices. OPEC+ Actions and Supply: OPEC+ countries continue to gradually increase production. An increase of about 548,000 barrels per day in quotas is expected in August (above original plans), with a similar rise likely in September. Recently, the OPEC+ monitoring committee reaffirmed its commitment to implementing agreements and hinted at a readiness to add production to prevent shortages in the autumn market. These additional volumes somewhat limit price increases. As a result of the combined influences,...

... their effectiveness and compliance with the strategic goals of the country's development. Development of recommendations: Formulate proposals for program optimization, including possible cost reduction and increased transparency in the use of funds. Monitoring and control: Establish mechanisms for regular monitoring and control of the implementation of investment programs to ensure their compliance with approved plans and budgets. Impact on the economy Implementation of these measures will allow: ...

... the impact of "megacaps" on index dynamics. Valuations and Multiples Record capitalization is the result of a combination of profit growth and re-evaluation of future cash flows. To assess the sustainability of this trend, investors should monitor: EPS Dynamics: upgrades/downgrades of forecasts for key index components. FCF Yield vs. Bond Yields: the spread as an indicator of the risk premium. Sector P/E and EV/EBITDA: signs of overheating in specific niches (AI, semiconductors, SaaS). ...