ChinaAMC CSI Dividend Quality ETF

Orient Securities initiates New China Life with Buy rating, target price RMB 81.22

East Dragon Beverage Plans to Spend Nearly 100 Million Yuan to Repurchase 709,151 A-Shares

Dongpeng Beverage Sees Revenue Growth But Stock Plummets

New China Life Insurance Q1 New Business Value Growth 24.7% as Product Strategy Shifts to High-Profit Long-Term Policies

Eastjoy Beverage has not yet repurchased shares in A-share market

Morgan Stanley Raises Target Price for New China Life to HKD44.8

President of Eastmate Beverage Answers Investors' Questions on Growth Strategies and Market Prospects

Eastjoy Beverage's net profit grew by 28.31% in Q1 2026

New China Life Insurance's Net Profit Up 10.5% in Q1 2026

NCI released FY2026 Q1 earnings on April 29 After-Market (BJT), actual revenue CNY 15.43 B, actual EPS CNY 2.08

EASTROC BEVERAGE released FY2026 Q1 earnings on April 29 During-Market (BJT), actual revenue CNY 5.888 B (forecast CNY 6 B), actual EPS CNY 2.3563 (forecast CNY 2.2831)

L&K released FY2026 Q1 earnings on April 29 After-Market (BJT), actual revenue CNY 1.13 B, actual EPS CNY 1.1621

YTH released FY2026 Q1 earnings on April 27 During-Market (BJT), actual revenue CNY 11.98 B, actual EPS CNY 0.7816

ECOVACS released FY2025 Q4 earnings on April 25 During-Market (BJT), actual revenue CNY 6.162 B (forecast CNY 6.286 B), actual EPS CNY 0.5906 (forecast CNY 0.7468)

ECOVACS released FY2025 earnings on April 25 During-Market (BJT), actual revenue CNY 19.04 B (forecast CNY 19.43 B), actual EPS CNY 3.06 (forecast CNY 3.0633)

ECOVACS released FY2026 Q1 earnings on April 24 During-Market (BJT), actual revenue CNY 4.902 B (forecast CNY 4.072 B), actual EPS CNY 0.7 (forecast CNY 0.61)

Eastjoy Beverage Responds to 'Eastjoy Zero Sugar' Trademark Controversy and Suspends Canned Product Sales

L&K to Release FY2026 Q1 Earnings on April 30 After-Market (BJT)

Kingsoft Office released FY2026 Q1 earnings on April 23 During-Market (BJT), actual revenue CNY 1.613 B (forecast CNY 1.501 B), actual EPS CNY 4.72 (forecast CNY 0.9)

G-bits released FY2026 Q1 earnings on April 23 After-Market (BJT), actual revenue CNY 1.847 B (forecast CNY 1.605 B), actual EPS CNY 7.18 (forecast CNY 6.5498)

Shanghai's buyback program for small pre-owned homes has successfully acquired 523 units, revitalizing the housing market. The program, launched in February, targets homes under 70 square meters and priced below CNY4 million. Homeowners receive housing vouchers instead of cash, facilitating quicker upgrades. The initiative aims to support young workers and new residents, with plans to expand to all downtown districts. April sales surged 22.3%, indicating strong market momentum, with May sales projected to exceed 20,000 units, marking a significant recovery.

Yicai

Shanghai’s Small-Home Buyback Program Gains Traction With 523 Units Acquired

Private equity activity in China is increasing, with a focus on technology sectors like AI and robotics. Limited partners are being selective, with 37 companies raising $13.26 billion on the Hong Kong stock exchange in Q1 2025, a significant year-on-year increase. Despite liquidity concerns and a backlog of IPOs, experts believe the structural case for investing in China remains strong, driven by supply-chain security and innovation potential.

SCMP

SUN HUNG KAI CO

London Stock Exchange Group plc

HKEX

HKEX-R

Hong Kong Exchanges and Clearing (HKEX)

China private equity activity picks up as investors focus on tech, AI prospects

The global electric vehicle (EV) market is thriving, with sales surpassing 20 million units last year, particularly in China and Latin America. However, the U.S. market is stagnating at around 10% market share due to policy setbacks. Chinese automakers are leading growth, making EVs more affordable in emerging markets. Legacy automakers risk losing market share if they don't adapt to the EV trend, while the U.S. government pushes for fossil fuel reliance, facing challenges as the global market shifts towards electric vehicles.

TechCrunch

Rivian Automotive

Lucid

Gartner

Honda Motor Co., Ltd.

Honda Motor

Tesla

BYD COMPANY

BYD HK SDR 10to1

BYD Company

BYD Company Limited

BYD COMPANY-R

Global EV market goes K-shaped as the U.S. gets left behind

China has introduced a policy to promote multi-user direct green power connection projects, aiming to enhance local consumption of renewable electricity. This initiative supports the dual-carbon agenda and allows users to utilize nearby renewable resources. The policy prioritizes emerging industries and sets stricter consumption requirements, mandating that at least 60% of a project's electricity must be self-consumed. The move is seen as a significant step towards improving renewable energy consumption and transitioning to greener industrial production.

China Encourages Multi-User Renewable Power Supply Projects to Boost Local Consumption

01347

03986

As HK stocks closed on May 20, the broader market trended weaker amid soaring global long-term bond yields and developments among tech giants. The three major indices showed divergent performance, with the Hang Seng Tech Index bucking the trend to edge up 0.34%. On the trading floor, the semiconductor sector exploded collectively under multiple positive catalysts, with SMIC recording over HK$18.8 billion in turnover, while HUA HONG SEMI and GigaDevice both posted double-digit gains. Additionally, Alibaba's release of its self-developed AI chip spurred activity in computing power concepts, whereas gold resource stocks and certain tech majority stake stocks generally pulled back under pressure from the high-interest-rate environment

Market Pulse

HUA HONG SEMI

GIGADEVICE

SMIC

TENCENT

BABA-W

MONTAGE TECH

ZIJIN MINING

ZIJIN GOLD INTL

KUAISHOU-W

BILIBILI-W

SICC

Micron Tech

Intel

JPMorgan Chase

NVIDIA

KB LAMINATES

LENOVO GROUP

SH ELECTRIC

OpenAI

Alphabet

LAOPU GOLD

ZTO EXPRESS-W

TOPNC

HAICHANG HLDG

51WORLD

TRACKER FUND

HSCEI ETF

CSOP HS TECH

XL2CSOPHYNIX

XIAOMI-W

SMIC HK SDR 5to1

Tencent

TENCENT-R

Tencent HK SDR 10to1

Tencent Holdings Limited

Alibaba

BABA-WR

Alibaba HK SDR 5to1

Hua Hong

Montage Technology

Zijin Mining

KUAISHOU-WR

Bilibili

JPMORGAN CHASE & CO. 4.20% DEP SHS REPSTG 1/400TH PFD SER MM

JPMORGAN CHASE & CO. 6%NON CUM DEP SHS REP 1/400TH PFD SER EE

JPMORGAN CHASE & CO. DEP REP 1/400TH (5.75% NON CUM PFD DD)

JPMORGAN CHASE & CO. 4.625% DEP SH RE 1/400TH INT NO CU PF LL

JPMorgan Chase & Co.

JPMORGAN CHASE & CO. 4.55% DEP SHS REPSTG 1/400TH PFD SER JJ

JPMORGAN CHASE & CO. 4.75 DEP SHS REP 1/400 NCUM PFD SR GG

NVIDIA Corporation

LENOVO GROUP-R

Lenovo Group

Shanghai Electric

Alphabet - C

Laopu Gld HK SDR 50to1

ZTO Express

Xiaomi Corporation

XIAOMI-WR

Xiaomi HK SDR 2to1

HK Stocks Close | Major Indices Diverge, Semiconductor Sector Surges, GigaDevice Jumps Nearly 17%

688347

526050

On May 20th, the China Merchants CSI HK Connect Information Technology Composite ETF (526050) rose over 3% during the trading session, with constituent stocks SMIC and Hua Hong Semiconductor surging 11.53% and 14.24%, respectively. This increase was mainly catalyzed by the large-scale expansion cycle in storage, leading to a collective explosion in the semiconductor sector, with the ETF focusing on hard technology and highlighting its allocation value

同壁财经

China Merchants CSI HK Connect Information Technology Composite ETF

Hang Seng TECH Index

SENSETIME-W

SENSETIME-WR

Punching the Hang Seng Tech and kicking the Chinese concept internet! The Hong Kong Stock Connect Information Technology (526050) rose over 3% during the session

China maintains its lending rates, with the one-year LPR at 3.00% and the five-year at 3.50%, meeting market expectations. Analysts suggest Beijing prefers targeted fiscal stimulus over rate cuts due to inflation concerns. Meanwhile, global currencies are affected by central bank policies and geopolitical inflation risks.

- China's one-year LPR remains unchanged at 3.00%, and the five-year LPR stays at 3.50%, meeting market expectations.  
- Analysts believe Beijing prefers targeted fiscal stimulus instead of rate cuts due to inflation concerns and a changing policy tone.  
- Currency fluctuations are influenced by dollar strength, yen weakness, and euro pressure, reflecting differing central bank policies and geopolitical inflation risks.

China holds lending rates steady as global currencies shift

561760

513910

159758

159209

510880

515080

Against the backdrop of external uncertainties, high dividend sectors have attracted capital attention, with an inflow of 2.644 billion yuan last week. China Aviation Securities believes that high oil prices will be the market's main theme in the next month or two, and adjustments in the second quarter should be moderately proactive. The current market is entering a period of intensive earnings reports, and it is recommended to focus on dividend and new energy sectors supported by fundamentals. The CSI Dividend Quality Index has accumulated a growth of 605.44% since 2013, significantly outperforming other related indices

腾讯新闻 - 财经

Bosera CSI Oil & Gas Resources Index ETF

ChinaAMC CSI Hong Kong Connect China Central-SOEs High Dividend Yield ETF

ISHRS S&P Glb Engy

China Universal CSI Oil & Gas Resources ETF

iShares US Oil Equip & Svcs

Guotai CSI Oil & Gas Industry ETF

BP p.l.c.

China Merchants CSI All Share Dividend Quality ETF

SPDR Energy Select

iShares S&P Global Clean Energy

Pro Ultr Bloomberg Crude Oil

Us Brent Oil

SPDR O&G Ex & Prd

ChinaAMC CSI Petrochemical Industry ETF

Penghua SSE STAR New Energy ETF

iShares US Oil & Gas Expl & Prod

VanEck Oil Services ETF

VG Energy

Huatai-PB SSE Dividend ETF

SPDR O&G Equip

HSPC

United States Oil Fund LP

China Merchants CSI Dividend ETF

VanEck Oil Refiners ETF

Occidental Petroleum

High oil prices may still be a temporary main line, institutions: focus on dividends and new energy in the second quarter

In the A-share market, the dividend quality strategy is being repriced, with continuous inflows into the dividend quality ETF China Merchants (159209), exceeding 500 million in funds for 19 consecutive trading days. Investors are beginning to focus on cash flow and dividends, shifting towards heavy asset and low elimination HALO asset logic. The expectation of gold's supplementary rise and the HALO asset logic are jointly driving this trend, making the dividend quality ETF a primary target for funds. The dividend yield of the CSI Dividend Quality Index has once again surpassed 4%

Under the asset logic of HALO, the dividend quality strategy is being repriced

中证红利

515180

On March 24th, the A-share and Hong Kong stock dividend sectors warmed up, with the three major dividend ETFs rising together, attracting nearly 600 million yuan in the past five days. The Hong Kong stock low volatility dividend ETF rose by 1.53%, the CSI Dividend ETF rose by 0.64%, and the CSI Dividend Quality ETF rose by 0.25%. Analysis indicates that the strength of dividend assets is due to high dividend yields, an influx of risk-averse funds, and increased dividend stability. The CSI Dividend Index's dividend yield exceeds 5%, attracting capital inflows and becoming a "safe haven" amid market volatility

E Fund CSI Dividend ETF

Dividends reappear in the "perfect hitting zone"! Three major dividend ETFs rise together, attracting nearly 600 million in the past 5 days

ChinaAMC CSI Dividend Quality ETF(159758.SZ)

Shanghai’s Small-Home Buyback Program Gains Traction With 523 Units Acquired

China private equity activity picks up as investors focus on tech, AI prospects

Global EV market goes K-shaped as the U.S. gets left behind

China Encourages Multi-User Renewable Power Supply Projects to Boost Local Consumption

HK Stocks Close | Major Indices Diverge, Semiconductor Sector Surges, GigaDevice Jumps Nearly 17%