E Fund CSI HK Connect Internet ETF

Alibaba Dissolves Miaoya AI App Team, Focuses on E-commerce AI Strategy

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

Alibaba Cloud Launches Qwen Cloud AI Agent Service Model

Alibaba Cloud Unveils New AI Model Qwen3.7-Max and AI Chip Zhenwu M890

Pingtouge Unveils Zhenwu Chip Plan: V900/J900 to Launch Soon, Serving 400+ Clients

Taobao Tmall Launches 2026 Hong Kong 618, Introduces Next-Day Delivery and Return Services

Alibaba Cloud Launches Qwen3.7-MaX with Significant Performance Boosts

Fliggy Launches Hotel Merchant AI Assistant, Over 110k Hotels Join with 70% Efficiency Boost

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

Alibaba Unveils 128-GPU AI Server Based on Zhenwu M890

National subsidies increase for Tmall 618, adding 22 new categories

Alibaba Cloud Launches Next-Gen AI Chip Zhenwu M890

Citi raises Beike-W 2026 earnings forecast to 6.9 billion RMB, target price rises to 73.6 HKD

Apple, Huawei, Xiaomi Cut High-End Phone Prices for 618

Kuaishou boosts promotion of Jay Chou's new album 'Son of the Sun', achieving 2.64 billion online exposures.

Alibaba holds Cloud Summit in Hangzhou, may release a major new AI model

Bilibili expects AI capex to rise by 1 billion RMB, maintains high ad growth and game launch plans

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Xiaomi CEO Lei Jun announced that the upcoming YU7 GT SUV will be 'a bit expensive,' targeting elite consumers. The high-performance EV, launching on May 21, features over 1,000 metric horsepower and a top speed of 300 km/h. Expected to be priced around 400,000 yuan ($58,720), it marks Xiaomi's entry into the premium automotive market. The YU7 GT recently set a new lap record at Nürburgring Nordschleife. Xiaomi delivered 36,702 vehicles in April, a 28.40% increase year-on-year.

- Xiaomi's upcoming YU7 GT, launching on May 21, aims to capture the elite market with a higher price point, indicated by CEO Lei Jun.  
- The high-performance SUV boasts over 1,000 metric horsepower, a top speed of 300 kilometers per hour, and a CLTC range of 705 kilometers, suggesting a significant leap into the premium automotive sector.  
- Lei noted that the YU7 GT set a new lap record at the Nürburgring Nordschleife and emphasized that the vehicle's pricing will be announced at the launch event.

CnEVPost

XIAOMI-W

Hwabao WP CSI Intelligent Electric Vehicle ETF

Hua Xia CSI New Energy Vehicles ETF

Xiaomi Corporation

XIAOMI-WR

Xiaomi HK SDR 2to1

Xiaomi CEO says new YU7 GT SUV will be 'a bit expensive'

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588200

BABX

513770

On May 19th, the A-share market experienced a major reversal, with the Shanghai Composite Index rising 0.92% to 4,169.54 points, and the chip and semiconductor sectors performing strongly. Hwabao SSE STAR Artificial Intelligence ETF and SSE STAR Chip ETF rose by 4.21% and 3.82%, respectively. The power ETF reached a historical high, and the Hong Kong stock internet ETF also rebounded, with Tencent Holdings rising over 4%. Multiple institutions are optimistic about the Hong Kong stock internet sector capitalizing on AI diffusion opportunities, as Alibaba and Tencent are transforming into "AI + Cloud" technology platforms

同壁财经

Harvest SSE STAR Chip ETF

BABA 2x Long Daily ETF - GraniteShares

iShares Semiconductor ETF

Hwabao WP CSI All Share Electric Utilities ETF

Hwabao WP SSE STAR Artificial Intelligence ETF

Direxion Semicon Bull 3X

VanEck Semiconductor ETF

Hwabao CSI HK Equities Internet ETF

KraneShares 2x Long BABA Daily ETF

Guotai CSI Hong Kong Connect Internet ETF

Hwabao WP SSE STAR Chip ETF

Hwabao WP SZSE ChiNext Artificial Intelligence ETF

Hwabao WP CSI All Share Investment Banking & Brokerage ETF

CICC

Dongxing Securities Co., Ltd.

Cinda Securities

TENCENT

Tencent

BABA-W

Alibaba

VeriSilicon

Amlogic

Cambricon

Kingsoft Office

FULING POWER

HCIG Energy

JXGNCL

Guangxi Energy

Linyang Energy

HNMD

ZZEPC

JSNE

Datang Power

DATANG POWER

GDPD

MEITUAN

Hwabao WP HK Connect Hang Seng China (Hong Kong-listed) 30 ETF

Alphabet

Alphabet - C

BOCIC

INDUSTRIAL SECURITIES

中证农业

YNHC

TENCENT-R

Tencent HK SDR 10to1

Tencent Holdings Limited

BABA-WR

Alibaba HK SDR 5to1

MEITUAN-WR

Meituan

Meituan HK SDR 5to1

Explosive! The STAR Artificial Intelligence and STAR Chip sectors have surged in a reversal, the "dark side of light" has erupted, and Hwabao Fund's Electric Utilities ETF closed at a new high! Hong Kong's internet sector is brewing a turnaround

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Xiaomi's YU7 GT SUV set a new Nürburgring Nordschleife record with a lap time of 7:34.931, surpassing the Audi RS Q8 Performance. The high-performance SUV, featuring 990 horsepower, will officially launch in China on May 21. Xiaomi has showcased display vehicles in 268 stores across 82 cities to build anticipation. The YU7 GT is priced around 400,000 yuan, targeting the premium market segment.

- The Xiaomi YU7 GT achieved a lap time of 7:34.931 minutes at the Nürburgring Nordschleife, surpassing the previous record held by the Audi RS Q8 Performance.  
- The SUV, featuring 990 horsepower and scheduled for launch in China on May 21, marks a significant milestone for Chinese automotive brands and is the first certified lap record by a Chinese professional driver at the track.  
- Xiaomi plans to enhance its premium market presence with the YU7 GT, which is expected to be priced around 400,000 yuan, complemented by display vehicles available in 268 stores across 82 cities.

ChinaAMC CSI Hong Kong Connect Automobile Industry Thematic ETF

Guotai CSI 800 Automobile and Parts ETF

E Fund CSI Auto Components Thematic ETF

Xiaomi YU7 GT breaks Nürburgring SUV record ahead of official launch

CARZ

DRIV

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.

Li Auto

First Trust S-Network Future Vehicles & Tech ETF

Global X Autonomous & Electric V

SUNWODA

CALB

LI AUTO-W

CATL

BYD COMPANY

CATL HK SDR 30to1

BYD HK SDR 10to1

BYD Company

BYD Company Limited

BYD COMPANY-R

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

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Yesterday, BILIBILI-W's stock price plummeted by 8.08%, closing at HKD 153.5. After gapping down from yesterday's close of HKD 167.0, it continued to weaken, hitting a low of HKD 151.5 during the session. The MACD daily line has established a bearish signal, with the momentum bars rapidly expanding downward, which typically indicates that the phase of decline is accelerating and bullish forces are fully retreating. The trading volume reached approximately HKD 1.716 billion, characteristic of a typical volume-driven sell-off, with panic selling clearly emerging. On the news front, Chinese concept stocks collectively faced a heavy setback. U.S. pre-market trading saw a broad decline in Chinese concept stocks, with BILIBILI's U.S. shares dropping about 3% and Alibaba plummeting by 4%. The global financial market experienced a "Black Friday," as inflation fears crushed the tech stock rally, with the U.S. 30-year Treasury yield breaking 5%, leading to a sharp decline in risk appetite. Alibaba's earnings report showed a 99% drop in net profit, raising concerns about the profitability quality of Chinese concept stocks across the entire sector

- On May 17, Bilibili-W's stock price fell sharply by 8.08%, closing at 153.5 HKD after opening lower at 167.0 HKD and hitting a low of 151.5 HKD during the day.  
- The MACD daily signals indicated a strengthening bearish trend, with trading volume reaching approximately 1.716 billion HKD, reflecting widespread panic selling amid a broader downturn in Chinese stocks.  
- Concerns about the earnings quality of Chinese companies were heightened after Alibaba reported a 99% drop in net profit, contributing to a significant decline in the tech sector and a sharp drop in risk appetite globally.

Technical Forecast

BILIBILI-W

Penghua CSI Media ETF

ChinaAMC CSI Cultural Entertainment Media ETF

AXA SPDB CSI Hugangshen Game and Culture Media ETF

Guotai CSI Movies Theme ETF

GF Fund CSI Media ETF

Bilibili

Pre-market trend | BILIBILI-W (9626.HK) experienced a significant drop on May 15, breaking through key levels, is the short interest accelerating under the cold wave for Chinese concept stocks?

TCEHY

00700

TCTZF

ESPO

GuoSen analyst has reaffirmed a Buy rating for Tencent Holdings (TCTZF) with a price target of HK$610.00, while the shares closed at HK$456.40. CGS International also issued a Buy rating, contrasting with Mizuho Securities' Hold rating from May 14.

- GuoSen analyst maintained a Buy rating on Tencent Holdings, setting a price target of HK$610.00, while shares closed at HK$456.40.  
- CGS International's Lei Yang also issued a Buy rating for Tencent Holdings in a report on the same day.  
- Mizuho Securities, however, maintained a Hold rating for Tencent Holdings on May 14.

Tip Ranks

VanEck Video Gaming and eSport ETF

GUOSEN SECURITIES

Mizuho Financial

Mizuho Financial Group, Inc.

GuoSen Sticks to Its Buy Rating for Tencent Holdings  (TCTZF)

J.P. Morgan has reaffirmed its Buy rating for Tencent Holdings, setting a price target of HK$690.00, while the shares closed at HK$460.20. Additionally, CGS International also issued a Buy rating, but Mizuho Securities maintained a Hold rating on the same day.

- J.P. Morgan analyst maintained a Buy rating on Tencent Holdings with a price target of HK$690.00 as of May 14, while shares closed at HK$460.20.  
- CGS International also issued a Buy rating for Tencent Holdings the same day.  
- Conversely, Mizuho Securities kept a Hold rating on the stock on May 14.

JPMorgan Chase

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

J.P. Morgan Sticks to Its Buy Rating for Tencent Holdings  (TCTZF)

Xiaomi EV has unveiled its new YU7 GT model in 'Crimson Red', set to launch in late May. The high-performance electric SUV features up to 990 hp, a top speed of 300 km/h, and a range of 705 km. Priced between 450,000 and 500,000 yuan, it aims to balance performance and comfort, distinguishing itself from the SU7 Ultra. The YU7 GT is designed for long-distance travel and has undergone rigorous testing at Germany's Nürburgring Nordschleife.

- The Xiaomi YU7 GT is a high-performance electric SUV set to launch in late May, featuring up to 990 hp and a 705 km electric range.  
- Unlike the SU7 Ultra, it focuses on balancing performance with long-distance comfort rather than pure track capabilities.  
- Priced between 450,000 yuan ($66,320) and 500,000 yuan, the YU7 GT aims to enhance Xiaomi's position in the high-end EV market.

Xiaomi EV reveals 'Crimson Red' YU7 GT ahead of late May launch

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Yesterday's closing price for SENSETIME-W fell by 2.53%, closing at HKD 1.93, with an intraday low of HKD 1.91, reaching the lower edge of the recent fluctuation range. The MACD daily line showed a death cross signal below the zero axis, indicating a further deterioration of the already weak medium-term trend, with short selling pressure accelerating. The trading volume reached approximately HKD 1.109 billion, ranking high in the entire market, showing that while selling pressure surged, there were also attempts by funds to buy in, but they failed to reverse the downward trend. The opening price of HKD 2.03 was already below yesterday's closing price of HKD 1.98, and it continued to decline, presenting a one-sided downward pattern throughout the day. On the news front, the Hong Kong stock AI sector has recently shown significant differentiation

- On the previous day, SenseTime-W's stock price fell by 2.53%, closing at 1.93 HKD, and hitting a low of 1.91 HKD.  
- The MACD daily chart showed a death cross signal below the zero axis, indicating a worsening mid-term trend, with increasing bearish pressure.  
- The trading volume reached approximately 1.11 billion HKD, reflecting significant selling alongside attempts from buyers to stabilize the stock, but the downward trend continued.

SENSETIME-W

SENSETIME-WR

Pre-market trend | SenseTime-W (20.HK) on 5/14 saw a significant drop in volume, is the short-term risk for the AI leader increasing?

KWEB

In a report released yesterday, from UBS maintained a Buy rating on Tencent Holdings , with a price target of HK$780.00.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 Tencent Holdings has an analyst consensus of Strong Buy, with a price target consensus of HK$718.80.

- UBS has reaffirmed a Buy rating on Tencent Holdings, setting a price target of HK$780.00.  
- The analyst consensus for Tencent Holdings is categorized as Strong Buy, with a price target consensus of HK$718.80.  
- This positive outlook indicates confidence among analysts regarding Tencent's market potential.

Krne Csi China Internet

UBS Group AG

UBS Sticks to Their Buy Rating for Tencent Holdings  (TCTZF)

E Fund CSI HK Connect Internet ETF(513040.SH)