iShares China Large Cap

Bank of China and Singapore Exchange Sign MOU to Deepen Financial Cooperation

Goldman Sachs reiterates 'Buy' rating on Tencent, encouraged by progress in its AI strategy

Tencent, CATL, and others join a new climate coalition to boost carbon credit demand

BYD Executive Responds to Doubts Over Singular Battery Technology Route, Stating Multiple Routes Are Being Developed Simultaneously

Xiaomi's High-Strength Die-Cast Aluminum-Silicon Alloy Wins First-Class Industry Science and Technology Award

BYD launches new intelligent in-car radio with off-grid communication support

Alibaba's Qwen Large Model to Receive a Major Upgrade

Xiaomi Officially Kicks Off its 2026 '618' Shopping Festival Promotion

BYD's Fang Cheng Bao 'Leopard' Smart Charging Pile Relaunched

Bank Wealth Management Subsidiaries Accelerate Equity Market Entry, Highlighting IPO and Net Subscription Performance

Xiaomi to Launch 17T Series Smartphones for Overseas Markets on May 28

Profund Advisors LLC Reduces Stake in Alibaba

Xiaomi EV Reportedly Taps New Battery Suppliers for Second Brand to Optimize Supply Chain

Media focuses on controversy surrounding Meituan due to platform management issues

CCB Asia Extends Hours During Golden Week, New Accounts Surge 10-Fold Highlighting Cross-border Strength

Tencent Open Sources AgentDB to Solve AI Agent Memory Issues, Long-term Memory Accuracy Significantly Improved

BYD, Mercedes, and Red Bull Consortium Bid for Alpine Team Shares and Engine Plant

SPDB Reiterates 'Buy' Rating on Alibaba (9988.HK)

Pop Star Wang Leehom Confirms Entire Denza Endorsement Fee Was Used to Purchase BYD Stock

Goldman Sachs Reaffirms Buy Rating on Tencent with HKD 700 Target Price

Amesite

Meiwu Tech

InMed Pharmaceuticals

Co-Diagnostics

Phoenix Asia

BAYVIEW ACQUISITION CORPORATION COM USD0.0001 (S/R) 17/11/2028

MetaVia

Generation Income Properties

NextNRG

Virax Biolabs

01810

CARZ

516380

516110

DRIV

515030

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.

CnEVPost

XIAOMI-W

Li Auto

First Trust S-Network Future Vehicles & Tech ETF

Hwabao WP CSI Intelligent Electric Vehicle ETF

Guotai CSI 800 Automobile and Parts ETF

Global X Autonomous & Electric V

Hua Xia CSI New Energy Vehicles ETF

SUNWODA

CALB

LI AUTO-W

CATL

BYD COMPANY

Xiaomi Corporation

XIAOMI-WR

Xiaomi HK SDR 2to1

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

YANG

MCHI

China's thermal-power generation increased by 3.1% in April, despite a 1% decline in coal production, as the country faces energy challenges due to the Iran war. Domestic thermal coal prices rose 23% this year, prompting power plants to stock up for summer demand. However, renewable energy sources like wind and nuclear saw decreased output, raising concerns about the country's energy transition. The government may consider price caps if coal prices continue to rise.

Businesstimes News

Direxion FTSE China Bear 3X

iShares MSCI China

China burns more fossil fuels for power as coal production slips

TCTZF

00700

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.

Tip Ranks

Tencent Holdings Limited

TENCENT

JPMorgan Chase

Tencent

Mizuho Financial

Mizuho Financial Group, Inc.

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

TENCENT-R

Tencent HK SDR 10to1

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

KWEB

In a report released yesterday, from HSBC maintained a Buy rating on Tencent Holdings , with a price target of HK$720.00.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 In a report released yesterday, Bernstein also maintained a Buy rating on the stock with a HK$780.00 price target.

- HSBC maintained a Buy rating on Tencent Holdings with a price target of HK$720.00 in a report released yesterday.  
- Bernstein also upheld a Buy rating for the company, setting a higher price target of HK$780.00.  
- These consistent positive ratings suggest strong confidence in Tencent Holdings from major financial institutions.

Krne Csi China Internet

HSBC HOLDINGS

HSBC

AllianceBernstein

HSBC 5xShortSG241213

HSBC Holdings Plc

HSBC Keeps Their Buy Rating on 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

CMB International Securities analyst Saiyi He has reiterated a Buy rating on Tencent Holdings (TCTZF), setting a price target of HK$750.00. The current analyst consensus for Tencent is a Strong Buy, with an average price target of HK$717.24. He specializes in the Communication Services sector and has an average return of 8.0% with a 49.86% success rate on his stock recommendations.

- Saiyi He from CMB International Securities reaffirmed a Buy rating on Tencent Holdings, setting a price target of HK$750.00.  
- He specializes in the Communication Services sector, covering Tencent Holdings and associated companies, achieving an average return of 8.0% with a 49.86% success rate.  
- The current analyst consensus for Tencent Holdings is a Strong Buy, with an average price target of HK$717.24.

Tencent Music

iQIYI

TME-SW

Tencent Holdings  (TCTZF) Receives a Buy from CMB International Securities

TCEHY

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.

UBS Group AG

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

China Renaissance analyst maintained a Buy rating on Xiaomi yesterday and set a price target of HK$47.70. The company’s shares closed yesterday at HK$31.80.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 Currently, the analyst consensus on Xiaomi is a Strong Buy with an average price target of HK$42.83.

- China Renaissance analyst maintained a Buy rating on Xiaomi and set a price target of HK$47.70.  
- The company’s shares closed at HK$31.80, with the analyst consensus indicating a Strong Buy and an average price target of HK$42.83.  
- This suggests positive market sentiment towards Xiaomi's stock performance.

XIAOMI BT B5107

XIAOMI BT B2712

CR HOLDINGS

XIAOMI BT N3004

XIAOMI BT B3107

Xiaomi (XIACF): New Buy Recommendation for This Technology Giant

516010

159869

Tencent reported a 9% increase in Q1 2026 revenue to 196.5 billion yuan, slightly below Wall Street's 199 billion yuan estimate. Gaming revenue grew 6% year-over-year to 45.4 billion yuan, a slowdown from 24% in Q1 2025, attributed to timing issues. CEO Ma Huateng noted significant progress in AI, with a focus on enhancing operations and launching new products. The fintech division generated 60 billion yuan, driven by cloud services and AI solutions. Despite the revenue miss, Tencent's cash flow supports its AI investments, balancing gaming performance with growth in AI-driven services.

Stock Invest

Guotai CSI Animation Game ETF

ChinaAMC CSI Animation Game ETF

AXA SPDB CSI Hugangshen Game and Culture Media ETF

iShares Expanded Tech Software Sector ETF

First Trust S-Network Streaming and Gaming ETF

Global X Video Games & Esports ETF

Wedbush ETFMG Video Game Tech ETF

Global X Cloud Computing ETF

VanEck Video Gaming and eSport ETF

SPDR S&P Software

Emerging Markets Internet ETF

Tencent's Q1 Revenue Slightly Misses Estimates Despite Gains in Gaming and AI

The recent summit between U.S. President Trump and China's Xi Jinping aimed to ease geopolitical risks but yielded no significant breakthroughs on trade or the Iran conflict. While the summit may stabilize investor perceptions, concerns linger over China's economic slowdown and ongoing Middle East tensions. The Chinese yuan weakened, and market reactions were muted, reflecting cautious investor sentiment. Analysts suggest that without clear progress on key issues, the summit may be viewed as a non-event, potentially impacting oil prices and inflation expectations.

Fidelity

Occidental Petroleum

SPDR O&G Equip

VanEck Oil Services ETF

Us Brent Oil

SPDR Energy Select

iShares US Oil & Gas Expl & Prod

VanEck Oil Refiners ETF

VG Energy

iShares US Oil Equip & Svcs

ISHRS S&P Glb Engy

United States Oil Fund LP

Boeing

Nomura Holdings, Inc.

Nomura

Boeing Company

Analysis-Investors bet on stability after Trump-Xi summit as Iran war concerns linger

Chinese tech has been given a coffee by Alibaba and Xiaomi, valuation for HST is relatively low and would be good to add. Had added spare USD to FXI ETF. Monitoring Xiaomi to see if I can get back the money I spent to get a Xiaomi power bank with CCC mark for airplane carriage in and out of China.

Featured

The market's narrative today is split between the promise of future tech and the harsh reality of present-day supply chains. Let's dive in:

BABA-W

BABA-WR

Alibaba

VanEck Social Sentiment ETF

First Trust S&P REIT Index Fd

ON Semiconductor

Spotify

Planet Labs

Simplify Commodities Strategy NO K-1 ETF

Clear Secure

ING Groep

Tesla

Apple

Apple Group

Ellington Credit

TaskUS

Alibaba HK SDR 5to1

Intel

🔥 Market Digest: AI Buzz vs. Supply Reality | Fri, Jan 23, 2026

Host Hotel & Resorts

$Roundhill China Dragons ETF(DRAG.US) looks quite illiquid, and it seems pretty similar to these three ETFs, with NetEase having a higher weight $iShares China Large Cap(FXI.US)$Krne Csi China Internet(KWEB.US)$iShares MSCI China(MCHI.US)

Roundhill China Magnificent Seven ETF

NetEase

NTES-S

Roundhill China Dragons ETF

Currently, many Chinese stocks in Hong Kong stocks, A-shares and US stocks have risen sharply, which makes stock investors face difficulties in choosing, and participating in market fluctuations through investing in ETFs may be a better choice. During the closure of the A-share market during the National Day holiday, we can continue to trade through China-concept ETFs in Hong Kong and US stocks to understand the most watched China-concept ETFs.

Xtrk Hrvt Csi 300 Chn

Direxion FTSE China Bull 3X

Direxion CSI China Internet Index Bull 2X

Direxion CSI 300 China

XL2CSOPHSTECH

FL2 CSOP HSI

Chinese concept stocks are booming, how to trade Chinese assets 24 hours a day through ETFs