ISHARESHSTECH

Fairtree Cuts Alibaba Stake by 57.7%, Other Investors Increase Holdings

Huaxing Securities Resumes Tracking of SMIC A-Shares with Buy Rating

Alibaba Cloud Opens Bailian Platform and Launches New Models with Moonshot and Minimax

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Shanghai Electronic Materials International Supply Chain Center Established on May 20, Co-owned by SMIC and Hua Hong Group

BYD's Fangchengbao Breaks 400,000 Sales Milestone, with T7 SUV Making Significant Contribution

Xiaomi-controlled company fined 1.67 million yuan for anti-money laundering violations

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Alibaba Cloud Launches 'Qwen Cloud', a New Service Platform Designed for AI Agents

Alibaba Unveils 128-GPU AI Server Based on Zhenwu M890

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FAMEGLOW

LUEN THAI

NEW GONOW RV

REF HOLDINGS

PARADISE ENT

WEBX HOLDING

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BEST FOOD HLDG

INTELLIMARK W27

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Fang Cheng Bao has begun normal deliveries of the Tai 3 flash charging edition after initial delays due to capacity constraints. BYD chairman Wang Chuanfu acknowledged production pressures during the transition to second-generation flash charging technology, affecting deliveries across various models. Despite a 15.51% year-on-year decline in NEV sales, BYD expects capacity improvements to boost monthly sales and deliveries post-June.

- Fang Cheng Bao has commenced deliveries of the Tai 3 flash charging edition after overcoming production constraints.  
- The company is transitioning to second-generation flash charging battery technology, with initial deliveries delayed from April to May due to capacity shortages.  
- As production ramps up, BYD expects increased monthly sales and significant delivery growth after June, despite recent year-on-year sales declines.

CnEVPost

BYD Company

BYD COMPANY

BYD Company Limited

Hua Xia CSI New Energy Vehicles ETF

ChinaAMC CSI Hong Kong Connect Automobile Industry Thematic ETF

Hwabao WP CSI Intelligent Electric Vehicle ETF

BYD HK SDR 10to1

BYD COMPANY-R

Fang Cheng Bao SUV delivery delays highlight BYD's manufacturing pressure amid tech transition

BYD's Fang Cheng Bao brand has achieved a significant milestone of 400,000 vehicle sales, despite facing production delays due to upgrades in its Blade Battery technology. The milestone vehicle was the Tai 7 SUV, marking the 150,000th sold. The brand, launched in June 2023, focuses on off-road and urban mobility segments and has seen rapid growth in China's competitive EV market, with a 220.27% year-on-year sales increase in the first four months of 2024.

- BYD's Fang Cheng Bao brand achieved a significant milestone by selling its 150,000th Tai 7 SUV, contributing to a total of 400,000 vehicles sold.  
- Despite facing production delays due to upgrades in its second-generation Blade Battery technology, Fang Cheng Bao continues to expand rapidly in China's competitive EV market.  
- The brand has recently launched the Tai 7 EV fast-charging edition, with normal deliveries of the Tai 3 flash charging edition now underway after delays.

BYD Fang Cheng Bao hits 400,000 sales milestone despite production snags

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Xiaomi is introducing new battery suppliers, Sunwoda and CALB, for its second auto brand, Skynomad, targeting the extended-range SUV market. The first model, Kunlun N3, is set to launch in late 2026, featuring a large battery pack and a price around 200,000 yuan. This strategic shift aims to reduce reliance on existing suppliers and enhance supply chain management, as Xiaomi seeks to compete in the family SUV segment dominated by Li Auto and Aito.

- Xiaomi is partnering with battery suppliers Sunwoda and CALB for its first model, Kunlun, under the new sub-brand Skynomad, aiming to optimize supply chain management.  
- Skynomad's Kunlun N3 SUV, launching in late 2026, targets the family market with a competitive price around 200,000 yuan and an electric range of 400 to 500 kilometers.  
- This strategic shift from relying on CATL and BYD reflects Xiaomi's intent to enhance supply chain versatility amid fierce competition in China's battery market.

XIAOMI-W

Li Auto

First Trust S-Network Future Vehicles & Tech ETF

Guotai CSI 800 Automobile and Parts ETF

Global X Autonomous & Electric V

SUNWODA

CALB

LI AUTO-W

CATL

Xiaomi Corporation

XIAOMI-WR

Xiaomi HK SDR 2to1

CATL HK SDR 30to1

Xiaomi EV reportedly taps new battery suppliers for second brand to target EREV market

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Morgan Stanley analyst maintained a Buy rating on Semiconductor Manufacturing International today and set a price target of HK$85.00.Claim 55% Off TipRanksUnlock hedge fund-level data and powerful investing tools for smarter, sharper decisions Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks Semiconductor Manufacturing International has an analyst consensus of Strong Buy, with a price target consensus of HK$86.24.

- Morgan Stanley analyst maintained a Buy rating on Semiconductor Manufacturing International, setting a price target of HK$85.00.  
- The company has an analyst consensus of Strong Buy, with a price target consensus of HK$86.24.  
- This indicates positive expectations from analysts regarding the company’s stock performance.

Tip Ranks

SMIC

ChinaAMC Guozheng Semiconductor Chip ETF

Guotai CSI Semiconductor Material Equipment Theme ETF

ChinaAMC SSE STAR Semiconductor Material & Equipment Thematic ETF

Morgan Stanley

SMIC HK SDR 5to1

MORGAN STANLEY DEP SHS EA REP 1/1000 SHS NON CUM PFD O

MORGAN STANLEY DEP SHS REPSTG 1/1000TH PFD SER Q

MORGAN STANLEY DEP SHS REPS 1/1000 7.125% PFD E

MORGAN STANLEY NON-CUM DEP SH REP 1/1000 PFD SER I

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MORGAN STANLEY 6.5%DEP SHS REPSTG 1/1000 NON CUM SER P

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Semiconductor Manufacturing International (0981): New Buy Recommendation for This Technology Giant

BYD launched an upgraded Denza N9 SUV at a starting price of 409,800 yuan, marking a shift towards a premium market. The new model features over 100 upgrades, including improved battery range and fast-charging capabilities. Denza aims to capture the luxury segment, with 70% of buyers being former owners of high-end brands. Despite a 41.5% drop in sales this year, BYD is focusing on Denza for its export strategy, recently promoting the brand in Europe with actor Daniel Craig.

- BYD launched an upgraded version of its Denza SUV at a starting price of 409,800 yuan ($77,118), marking a shift towards a more profitable image.  
- The new Denza N9 includes over 100 upgrades, such as enhanced battery range and a fast-charging capability, appealing to buyers who previously owned luxury brands like BMW and Mercedes-Benz.  
- Despite facing a 41.5% drop in sales in early 2026, BYD aims to leverage Denza for high-margin exports, recently introducing the brand in Europe during a prominent event.

Asiaone

Bayerische Motoren Werke AG

BAYERISCHE MOTOREN WERKE AG ADR EACH REPR 0.33333 SHS SPONSORED

Mercedes-Benz Group AG

Toyota Motor Corp.

Toyota Motor

ZEEKR Intelligent Tech

Bayerische Motoren Werke AG Pref

Toyota

BYD unveils upgraded flagship Denza SUV to bolster premium market push

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Citi upgraded SMIC, China's largest chipmaker, to Buy, citing strong domestic chip localization and rising AI demand. SMIC reported Q1 revenue of $2.5 billion, up 12% year-on-year, with a gross margin of 20.1%. The company expects Q2 revenue growth of 14-16% and improved margins. Despite challenges like a memory supply crunch and geopolitical tensions, SMIC is positioned to benefit from China's push for technological self-sufficiency.

- Citi upgraded SMIC, China's largest semiconductor company, to Buy, citing strong domestic chip localization, rising AI demand, and improving pricing power.  
- The company reported a first-quarter revenue of $2.5 billion, up 12% year-on-year, with an improved gross margin of 20.1%.  
- SMIC's outlook for the second quarter indicates revenue growth of 14–16% sequentially, bolstered by increasing demand for various chip types amid challenges such as geopolitical tensions and a memory supply crunch.

Investing

ICBCCS CNI HK Connect Technology ETF

Hwabao WP CSI HK Connect Information Technology Composite ETF

Citigroup

CITIGROUP INC 6.250 NON CUM SER II PFD WI

Buy this China chip stock, Citi says

BYD's premium brand Denza has launched the N9 flash charging edition SUV, starting at 409,800 yuan ($60,260), lower than the previous pre-sales price. The model features a second-generation BYD Blade Battery, capable of charging to 97% in just 9 minutes. It offers a range of 420 kilometers on electric power and a combined range of 1,520 kilometers. The N9 is equipped with advanced technology, including a powerful 2.0T engine and smart driving assistance systems.

- The Denza N9 flash charging edition SUV is launched at a starting price of 409,800 yuan ($60,260), lower than the previously announced pre-sales price of 450,000 yuan.  
- Equipped with BYD's second-generation Blade Battery, it can charge from 10% to 97% in just 9 minutes, achieving a combined range of 1,520 kilometers.  
- Denza aims to expand flash charging station coverage within a 3-kilometer radius in major Chinese cities by the end of 2026.

BYD Denza launches N9 flash charging edition, featuring 9-minute fast charging

Pop star Wang Leehom has exchanged his endorsement fee from Denza, a BYD brand, for BYD stock, expressing regret for not investing in the company earlier. He believes in BYD's long-term potential after a decade of collaboration. The Denza N9 flash charging edition was launched, featuring advanced battery technology and a starting price of 409,800 yuan. BYD's shares have seen a 6% decline this year.

- Renowned musician Wang Leehom announced that he used his endorsement fee from Denza to purchase BYD shares, expressing confidence in the company's long-term prospects.  
- He recalled his regret over not investing in BYD a decade ago, stating that such an investment could have yielded fivefold returns today.  
- The Denza N9 flash charging edition was launched with advanced features, including rapid charging capabilities and a high-performance tri-motor system, starting at 409,800 yuan ($60,290).

Pop star Wang Leehom swaps Denza endorsement fee for BYD stock

BYD's premium sub-brand Denza has reached a production milestone of 500,000 vehicles, celebrating its 16th anniversary. The Denza N9 flash charging edition, set to launch on May 18, features a price range of 450,000 to 500,000 yuan and boasts advanced charging technology, allowing full charge in just 9 minutes. Despite a 38.05% decline in sales in early 2025, Denza sold 157,134 vehicles in 2024, marking a 24.67% increase from the previous year.

- Denza, BYD's premium sub-brand, will launch the Denza N9 flash charging edition on May 18 after pre-sales began on April 7, priced between 450,000 yuan ($66,080) and 500,000 yuan.  
- This flagship SUV features BYD's second-generation Blade Battery with a capacity over 75 kWh and can achieve a pure electric range of 420 kilometers under the CLTC standard, with a charging time of just 9 minutes.  
- Denza, now wholly owned by BYD, celebrated its 500,000th vehicle milestone while recording a 24.67 percent sales increase in 2025, though sales in the early months of 2026 showed a decline.

BYD Denza hits 500,000-vehicle production milestone with N9 flash charging edition

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DBS analyst Jim Hin Kwong Au has maintained a Buy rating for Semiconductor Manufacturing International (0981) with a price target of HK$87.40. The analyst, known for a 30.1% average return and 69.23% success rate, is part of a Strong Buy consensus for the stock, which has an average price target of HK$89.65.

- A report from Jim Hin Kwong Au at DBS maintains a Buy rating on Semiconductor Manufacturing International with a price target of HK$87.40.  
- Au is a 5-star analyst with an average return of 30.1% and a 69.23% success rate, focusing on the Technology sector.  
- The general analyst consensus for Semiconductor Manufacturing International indicates a Strong Buy rating with an average price target of HK$89.65.

XI2CSOPHSTECH

Micron Tech

BYD ELECTRONIC

ASMPT

New Buy Rating for Semiconductor Manufacturing International (0981), the Technology Giant

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