E Fund CNI Free Cash Flow ETF

Weichai Power Completes Share Buyback: Spent 761 Million RMB to Repurchase Over 50 Million A-Shares

COSCO SHIPPING Holdings spends approx 36.41 million HKD to repurchase 2.49 million shares

CITIC Asset Management Reduces China Aluminum Stake by 12.63 Million Shares on May 15, Raising About 134 Million HKD

COSCO SHIPPING Holdings Repurchases 2.49 Million H-Shares on May 18

China's April Rare Earth Exports Up 35.1%, Alumina Exports Surge 96.6%

Great Wall Menglong PLUS Officially Launched, Orders Surpass 20,000 in 24 Hours

CNOOC Hainan Branch Builds Largest Offshore Gas Field, Annual Oil & Gas Output Exceeds 10 Million Tonnes

Wellington Management reduces holdings of Weichai Power by 5,099,782 shares

China COSCO Shipping Holdings repurchased 2.41 million shares for HKD35.2645 million

Weichai Power Receives RbE Seven-Star Certification, First in China's High-End Manufacturing Industry

MG Launches MG 07 Electric Sedan

Great Wall Motor Begins Production of Ora 5 in Thailand

Nomura Downgrades Weichai Power Rating to Outperform

JPMorgan Maintains Overweight Rating on Cosco Shipping Holdings Q1 Results

Cosco Shipping repurchased 2.35 million H-shares in HKEX

CHINALCO Authorizes Repurchase of Up to 10% of A Shares and H Shares

CNOOC Boosts Offshore Output and Reopens Huizhou Steam Cracking Unit

BofAS Raises Weichai Power's Target Price to HKD 48.2 and Maintains Buy Rating

BOFACM Securities Sees Positive Outlook for Weichai Power's High-Speed Gas Generator Sales in US Market Starting Q3 2026

First 24000TEU Methanol Container Ship Named by OOCL

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CLSA reports that SINOPEC CORP has underperformed compared to PETROCHINA and CNOOC since the Israel-Iran conflict, reflecting a divergence in earnings amid rising oil prices. The broker expects SINOPEC to potentially report a loss in 2Q26 due to downstream challenges, impacting dividend distributions. In contrast, PETROCHINA and CNOOC are projected to benefit from strong cash flows and increased dividends. CLSA maintains an Outperform rating for all three, with target prices set at HKD12 for PETROCHINA, HKD32 for CNOOC, and HKD4.9 for SINOPEC CORP.

AASTOCKS News

PETROCHINA

SINOPEC CORP

Sinopec Corp.

CNOOC

PetroCN HK SDR 1to2

CNOOC-R

CLSA: SINOPEC CORP  Share Price Has Underperformed Peers Since Israel-Iran Conflict, Reflecting Fundamental Divergence; Sector Top Pick PETROCHINA

The HSI opened down 123 points at 25,838, following a decline in US stock indices. Major tech stocks like Tencent and Alibaba also opened lower. In contrast, oil stocks CNOOC and PetroChina rose against the market trend. LEAPMOTOR saw a significant drop of over 7% after reporting a larger-than-expected loss in Q1.

HSI Opens Down 123 pts; 2 Oils Hike Against Mkt; LEAPMOTOR Slumps 3%+ Post-Results

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The DOJ has indicted four shipping container manufacturers for allegedly conspiring to fix prices and restrict output for over four years, leading to a significant increase in profits. The companies involved include Singamas Container Holdings, China International Marine Containers, Shanghai Universal Logistics Equipment, and CXIC Group Containers. The indictment also includes multiple executives from these firms, with charges under the Sherman Antitrust Act. The DOJ claims this scheme began in March 2019 and severely impacted global supply chains during the Covid pandemic.

MorningStar

CIMC

COSCO SHIP HOLD

Cosco Ship Hold

COSCO SHIPPING Development

Fullgoal CSI Modern Logistics ETF

SINGAMAS CONT

DOJ Accuses Four Manufacturing Firms of Fixing Shipping Container Prices

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China's NEV retail sales increased by 27% in early May compared to April, reaching 226,000 units, despite a 13% year-on-year decline. The wholesale penetration rate for NEVs surpassed 60%, indicating a shift in production focus. Overall passenger vehicle sales also showed improvement, with a 36% month-on-month increase. Year-to-date, cumulative retail sales of passenger NEVs are down 17%, while total passenger vehicle sales have decreased by 19% compared to last year. The market is gradually recovering from previous lows, driven by demand following the Beijing Auto Show and Labor Day holiday.

- China's retail sales of new energy vehicles (NEVs) reached 226,000 units from May 1 to May 10, marking a 27% increase from April despite a 13% year-on-year decline.  
- The wholesale penetration rate for NEVs hit 60.3%, indicating a production focus shift among automakers, while total passenger vehicle retail sales also increased by 36% month-on-month.  
- Year-to-date retail sales of passenger NEVs are down 17%, totaling 2.984 million units, signaling a gradual recovery in the market following recent events.

CnEVPost

NIO-SW

SAIC Motor

BYD COMPANY

GWMOTOR

HASCO

BYD Company Limited

XPeng

XPENG-W

GEELY AUTO

LI AUTO-W

BYD Company

China Universal CSI New Energy Vehicle Industry ETF

Huaan CSI New Energy Vehicles ETF

Hwabao WP CSI Intelligent Electric Vehicle ETF

Guotai CSI 800 Automobile and Parts ETF

GX CN EV BATT-U

Hua Xia CSI New Energy Vehicles ETF

GX CN EV BATT

Global X Autonomous & Electric V

New Energy Vehicles ETF

China's early May NEV sales rebound from April lows despite yearly drop

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China's April inflation data shows a significant rise in producer prices, with the PPI increasing by 2.8% year-on-year, the highest in 45 months, driven by energy costs amid the Iran war. The CPI also rose by 1.2%, surpassing expectations. This shift from deflation to inflation raises concerns about business margins and limits the People's Bank of China's ability to implement monetary stimulus. The increase in costs, particularly in non-ferrous metals and energy, could impact corporate profitability and overall economic growth.

- China's Producer Price Index (PPI) rose by 2.8% year-on-year in April, marking a 45-month high and exceeding expectations significantly.  
- The Consumer Price Index (CPI) also increased by 1.2%, ending a 41-month deflation period, largely due to rising energy costs stemming from the Iran conflict.  
- Economists warn that this cost-driven inflation could pressure corporate profit margins and limit the People's Bank of China's capacity for monetary easing amid rising prices.

Investinglive

CHALCO

Mtalco

JCCL

Hwabao WP CSI Non-ferrous Metal ETF

China's April inflation data beats across board as energy costs reshape price landscape

SAIC has opened pre-orders for the MG 4X, an electric SUV featuring a semi-solid-state EV battery, priced under $15,000 in China. This model follows the MG 4, touted as the world’s first mass-produced semi-solid-state EV. The MG 4X, unveiled in March, includes high-end features across all versions, such as rear-wheel drive and a five-link independent suspension. Pre-orders began on May 11, with a starting price of 99,800 yuan ($14,700). The new battery technology is expected to launch in Europe by the end of 2026.

Electrek

This electric SUV with a semi-solid-state EV batttery costs under $15,000 in China

SAIC Motor's MG brand has teased the MG 07 sedan, its first model equipped with a roof-mounted LiDAR sensor, targeting the mainstream EV market in China. The MG 07 is expected to launch later this year, priced between 150,000 yuan ($22,060) and 200,000 yuan. The vehicle features a striking purple exterior and a design optimized for aerodynamics. Currently, MG's EV lineup includes the MG4 EV and MG Cyberster, with plans for a new SUV model, the MG 4X, also in development.

SAIC MG teases MG 07 sedan to expand EV lineup

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Huajing S, the first model from SAIC-GM-Wuling and Huawei, has launched in China with a starting price of 149,800 yuan ($22,030) after trade-in subsidies. This large hybrid SUV features Huawei's smart driving technologies, including the HarmonySpace 5.0 cockpit and Qiankun ADS Pro system. With a length of 5,235 mm, it targets the premium family vehicle segment and offers a powerful 1.5T plug-in hybrid powertrain. The launch signifies SGMW's entry into the higher-priced automotive market, challenging existing premium models.

WULING MOTORS

Huajing S, SGMW's first model with Huawei, launched with aggressive pricing

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SAIC Audi has commenced pre-sales for the AUDI E7X SUV, priced at 289,800 yuan ($42,610). This model, the second from the China-exclusive brand, features significant integration of local technologies, including CATL batteries and an advanced smart driving system from Momenta. The E7X aims to attract tech-savvy consumers in China and boasts a range of up to 751 kilometers. Audi and SAIC have also signed a strategic agreement to establish a new innovation center in Shanghai, focusing on developing future AUDI models for the Chinese market.

CATL

HFT CSI Auto Components Thematic ETF

Ping An CSI Auto Components Thematic ETF

E Fund CSI Auto Components Thematic ETF

Guotai CSI Hong Kong Connect Automobile Industry Thematic ETF

CATL HK SDR 30to1

SAIC Audi starts pre-sales for AUDI E7X SUV with heavy Chinese tech integration

Cnooc (600938) boosts offshore output and capacity in South China Sea, Brazil and Guyana, pursuing regional development in key offshore basins to expand production amid energy-driven growth plans.1Cnooc (600938) and Shell restarted Huizhou steam cracker in late April; plant now producing 1.2M t/yr ethylene and 600k t/yr propylene, on-spec output.2

TradingView

Shell PLC

Shell

Key facts: Cnooc boosts offshore capacity; Huizhou restarts 1.2M/600k

E Fund CNI Free Cash Flow ETF(159222.SZ)

CLSA: SINOPEC CORP Share Price Has Underperformed Peers Since Israel-Iran Conflict, Reflecting Fundamental Divergence; Sector Top Pick PETROCHINA

HSI Opens Down 123 pts; 2 Oils Hike Against Mkt; LEAPMOTOR Slumps 3%+ Post-Results

DOJ Accuses Four Manufacturing Firms of Fixing Shipping Container Prices

China's early May NEV sales rebound from April lows despite yearly drop

China's April inflation data beats across board as energy costs reshape price landscape