HSCEI ETF-R

Meituan Drones Expected to Scale Profitably in 2-3 Years, Night Peak Orders Hit 423

AliExpress Tops Korea Cross-border E-commerce Market in Jan-Apr 2026 with 71% Spending Growth

Alibaba Voice Large Model Tops Artificial Analysis, Surpassing GPT-Realtime-2

Meituan Drone Orders Exceed 900,000 Ranking Second Globally Behind Zipline

Xiaomi-W Repurchased 3.32 Million Shares Yesterday Worth Nearly 100 Million HKD

Tencent Launches AI Assistant 'Mavis' Across All Platforms

TME Approved to Acquire Ximalaya, Market Revalues Deal Causing Stock Volatility

China Mobile Launches Nationwide Token Plan, Unifying Compute Dimensions and Integrating Cloud Products

Ping An Shareholders Meeting: Guo Xiaotao Reveals New Channel and Product Balance Strategy for Life Insurance Growth

Alibaba's Joe Tsai and Eddie Wu Letter: AI Business Enters Commercialization, Projecting 30 Billion Annual Revenue

Ping An Insurance increases stake in China Life by approx. 1.68 billion HKD on May 18, holding ratio rises to 15.13%

Ping An announces adjustment of conversion prices for two convertible bonds, effective June 10

BOCOM International Cuts Xiaomi Target Price to 34.8 HKD, Expects Q1 Adjusted Net Profit to Drop 6% QoQ

Ping An Increases Holding in Agricultural Bank of China H-Shares, Total Stake Exceeds 25%

Moonshot AI Completes $2 Billion D-Round Financing, Valuation Reaches $20 Billion

Alibaba Cloud Announces Full Openness of Bailian Platform, Integrating Multiple Large Models Including GLM-5.1

China Mobile Hubei's Shiyan Intelligent Computing Center to Officially Commence Operations in June

Ping An Insurance's Holding in AIIB Hong Kong Shares Rises to 25.17%

Ping An Chairman Ma Mingzhe Emphasizes Firm Support for Life Insurance Agents

I.CENTURY HLDG

KOS TALENT GP

RIVERINE CHINA

NEW AMANTE

AEC GROUP

DIGIT HOLLYWOOD

C&N HOLDINGS

REDCO HEALTHY

RICI HEALTH

ZXZN QI-HOUSE

00HSI

HSCEI

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83115

03115

82828

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GUM reported that the MPF market continued its uptrend in May, with per capita gains of HKD3,682, totaling HKD17,424 for the year. Equity funds led returns, rising 1.6% in May and 7.1% year-to-date. Mixed asset funds increased by 1.1%, while fixed income funds slightly declined by 0.1%. Top performers among equity funds included Asia, Japan, Greater China, and Global Equity Funds, with returns of 5.1%, 4.2%, 2.2%, and 2.2%, respectively.

AASTOCKS News

Hang Seng Index

Hang Seng China Enterprises Index

HSCEI ETF

TRACKER FUND

ISHARESHSI-R

ISHARESHSI

ISHARESHSI-U

GUM: MPF Per Capita Gains HKD3,682 in May

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CICHY

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512800

515020

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China Construction Bank Corporation Jiuquan Branch was fined 1.8 million yuan by the Jiuquan Financial Supervision Bureau for illegal activities such as inadequate implementation of the "three checks" in credit business, issuing financial vouchers in violation of regulations, and poor employee management

同壁财经

China Construction Bank

WP CSI Banks ETF

Huaan CSI Banks ETF

Hwabao WP CSI Banks ETF

ChinaAMC CSI Banks ETF

Fullgoal CSI 800 Banks ETF

China Construction Bank Corporation Jiuquan Branch was administratively punished for illegal activities such as "inadequate implementation of the 'three checks' in credit business causing significant losses of credit funds, issuing financial certificates in violation of regulations, and inadequate management of employee behavior."

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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'

01398

601398

As of May 19, ICBC Convertible Bond Preferred Bond C (005946) has achieved a return of 27.61% over the past year, ranking 61 out of 1293 in its category, with an excess return of 10.01%. This fund was established in 2018, has a scale of 103 million yuan, and fund manager Chen Han has over 6 years of management experience, receiving a four-star rating from Haitong

ICBC

中证转债

CSI 300

ICBC Convertible Bond Preferred Bond C (005946): Increased by 27.61% in the past year, with an excess return of 10.01% over the past year

159323

516110

159565

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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BACHY

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HSBC Research has lowered expectations for rate cuts in 2026 following the People's Bank of China's recent monetary policy report. The report suggests a high likelihood of net interest income expansion for Chinese banks, particularly ICBC, CCB, and Bank of China H shares. The research indicates that corporate banking is outperforming retail, with positive growth in corporate loans. Additionally, banks are advised to limit high-interest interbank time deposits to reduce competition and funding costs.

Bank Of China

Bank of China

BANK OF CHINA

INDUSTRIAL & COMMERCIAL BK OF CHINA UNSP ADR EACH REPR 20 ORD SHS

China Merchants CSI BANK AH Price ETF

China Southern CSI Banks ETF

HSBC HOLDINGS

HSBC

BANKCOMM

Bank Of Communications

MINSHENG BANK

CMBC

CITIC BANK

CNCB

CEB BANK

CEB Bank

China Merchants Bank

CM BANK

HSBC 5xShortSG241213

HSBC Holdings Plc

BOC HONG KONG

HSBC Research Lowers Rate Cut Expectations Within Year; CN Banks' Net Interest Income Seen Expanding; Prefers ICBC, CCB and BANK OF CHINA H Shrs

TCEHY

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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

Tencent

TENCENT

Tencent Holdings Limited

VanEck Video Gaming and eSport ETF

GUOSEN SECURITIES

Mizuho Financial

Mizuho Financial Group, Inc.

TENCENT-R

Tencent HK SDR 10to1

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)

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UBS reported that April's new RMB loans and Aggregate Financing to the Real Economy fell short of expectations, with loans contracting by RMB10 billion. Despite record bill financing, overall loan growth slowed to 5.6% YoY. UBS remains positive on Chinese banks, predicting a turning point in 2026 for net interest income and revenue. Their top picks include BANK OF CHINA, CCB, ICBC, and CITIC BANK, all rated Buy with attractive valuations and high dividend yields.

UBS Group AG

UBS: CN Apr New RMB Loans, TSF Both Miss; Top Picks BANK OF CHINA/ CCB/ ICBC/ CITIC BANK

HSCEI ETF-R(82828.HK)

GUM: MPF Per Capita Gains HKD3,682 in May

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

ICBC Convertible Bond Preferred Bond C (005946): Increased by 27.61% in the past year, with an excess return of 10.01% over the past year

Xiaomi YU7 GT breaks Nürburgring SUV record ahead of official launch