SSE TOTAL MARKET

Market analysis indicates a supply-demand gap of nearly 2 million AI chips in China for 2026

China Life Announces Q1 2026 Results with Strong Net Profit Growth

SMIC Advances into Advanced Packaging, Establishes Subsidiary and Research Institute

Mr. Wei Criticizes WEY Brand's Marketing Team

ICBC Provides Financial Support to Boost Development of Humanoid Robots

CEEC Invests in Songyuan Hydrogen Energy Industrial Park

GWM Haval MENG LANG PLUS Officially Launches Pre-sale

China Galaxy Holds Earnings Conference Call and Announces 2025 Annual Report

SMIC's key supplier, Zhengfan Technology, releases positive annual report

China Zhongmei Energy Group and Huadong Institute Deepen Green Hydrogen Project Cooperation

CNOOC Energy Development Delivers First Offshore Mobile Multi-functional Measure Platform

China Coal Energy to Announce Earnings Report

Sugon to Release FY2026 Q1 Earnings on April 25 After-Market BJT, Forecast Revenue CNY 2.929 B

HTGD to Release FY2025 Annual Earnings on April 25 After-Market (BJT), Forecast Revenue CNY 69.21 B, EPS CNY 1.235

Wei brand launches GuYuan S platform and starts global pre-sale of V9X

HTGD to Release FY2026 Q1 Earnings on April 25 During-Market (BJT), Forecast Revenue CNY 15.3 B

Moutai to release FY2026 Q1 earnings on April 25 During-Market (BJT), forecast revenue CNY 54.02 B, EPS CNY 22.01

CJS to release FY2026 Q1 earnings on April 25 during market hours (BJT), forecast revenue CNY 4.444 B, EPS CNY 0.26

CMES to Release FY2026 Q1 Earnings on April 25 Pre-Market (BJT), Forecast Revenue CNY 7.09 B, EPS CNY 0.2147

Shenzhen Launches One-Click Tax Refund Service for International Tourists

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According to the latest data from the World Travel and Tourism Council (WTTC), China's tourism economic output grew by 9.9% last year, more than double the global average growth rate. It is expected that by 2030, China will become the world's largest tourism economy. China's vast consumer market and diverse tourism resources have driven strong growth in the tourism industry, spurring the development of related industries and increasing job opportunities. Domestic demand is a key factor in the growth of the tourism industry, with the number of domestic travelers expected to reach 6.522 billion by 2025, and inbound tourist arrivals also expected to exceed 150 million, demonstrating the resilience and vitality of the Chinese economy

腾讯新闻 - 财经

NASDAQ Golden Dragon China Index

SSE Index

iShares MSCI China

Fullgoal SSE Composite ETF

Roundhill China Dragons ETF

Invesco Golden Dragon China

Editorial: Understanding the Logic Behind "China Travel" Continuously Gaining Popularity

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Invesco Asia-Pacific Global Market Strategist Zhao Yaoting pointed out that the Chinese economy rebounded significantly in the first quarter, with a GDP annual growth rate reaching 5%. Strong trade performance and robust development in the new economy sectors drove growth in industrial production and retail sales. Chinese assets are seen as a safe-haven choice, with stock market declines lower than the global market, and the renminbi exchange rate and government bond yields remaining stable. It is expected that the energy, resources, and technology industries will benefit from economic resilience, attracting foreign capital inflows

AASTOCKS

CSI 300

Fortune SG SSE 180 Value ETF

Invesco

Invesco's Zhao Yaoting: Chinese assets have stronger safe-haven attributes, and the risks directly affected by the disruption of Middle Eastern supplies are limited

China is about to announce its first-quarter economic data, and a Bloomberg survey shows that GDP is expected to grow by 4.8% year-on-year. This figure will be higher than the 4.5% in the fourth quarter of 2025, marking the slowest growth rate since the pandemic. Economists believe that the impact of the Iran war on the economy is limited, and China's energy security and economic resilience have strengthened. If the data is robust, it may reduce the need for additional stimulus policies. It is expected that the People's Bank of China will not cut interest rates this year, and policymakers will adopt a wait-and-see approach

- China's first-quarter economic data suggests a potential growth rebound, allowing policymakers to assess the Iran conflict's impact before implementing stimulus measures.  
- Economists predict a GDP growth of 4.8%, exceeding the previous quarter's 4.5%, despite a nearly 5% decline in trade surplus year-on-year due to increased high-tech imports.  
- Strong global demand related to AI is helping Chinese firms mitigate the economic fallout from conflicts, reducing the urgency for additional stimulus, particularly after GDP growth targets were lowered to the lowest range since 1991.

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Macquarie Group Limited

China is about to announce its first-quarter economic data, with a Bloomberg survey estimating GDP growth at 4.8%

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The General Administration of Customs of Mainland China announced that in the first quarter of this year, exports in US dollar terms grew by 14.7%, imports increased by 22.7%, and the trade surplus was USD 264.33 billion. In March, exports grew by 2.5%, and imports increased by 27.8%. In terms of RMB, the total value of imports and exports in the first quarter reached 11.84 trillion yuan, a year-on-year increase of 15%. The deputy director of customs stated that the total value of imports and exports has remained above 10 trillion yuan for 12 consecutive quarters, with the growth rate rebounding to double digits, indicating a solid foundation for foreign trade

- In the first quarter of this year, China's General Administration of Customs reported a 14.7% year-on-year increase in exports and a 22.7% increase in imports, resulting in a trade surplus of $264.33 billion.  
- In March alone, exports grew by 2.5%, falling short of market expectations, while imports surged by 27.8%, exceeding expectations, leading to a surplus of $51.13 billion.  
- The total value of imports and exports in RMB rose to 11.84 trillion yuan, marking a 15% annual increase, with exports reaching 6.85 trillion yuan and imports hitting a record high of 4.99 trillion yuan, reflecting strong growth across diverse markets.

Stheadline

SZSE Composite Index

SZSE B Share Index

Shenzhen Index

China Universal CSI 300 Index Initiating Fund(LOF)-C

Zheshang CSI 300 Enhanced Index Fund(LOF)-A

In the first quarter, mainland China's dollar-denominated exports increased by 14.7% year-on-year, while imports rose by 22.7%

The 20th China Investment Annual Conference will be held in Beijing from April 22 to 24, 2026, with the theme "K-shaped Divergence, How to Break the Deadlock?" The current perception of industry recovery varies, with some sectors, such as artificial intelligence, developing rapidly, while others face difficulties in funding and projects. The phenomenon of K-shaped recovery shows an increasing divergence in the circumstances of different groups, reflecting the results of 20 years of industry evolution. The conference aims to explore the complexities of the recovery process and its underlying causes

PingWest

K-shaped divergence, how to break the deadlock? | The 20th China Investment Annual Conference · Annual Summit is about to kick off

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The National Service Industry Conference proposed to promote the integrated development of the service industry and manufacturing, emphasizing the importance of innovation-driven and technology services. Experts pointed out that this integration is not just a simple addition of industrial forms, but an inevitable choice for the transformation and upgrading of the manufacturing industry, aimed at enhancing the global competitiveness of Chinese manufacturing. Productive services are seen as key to promoting the added value of manufacturing, covering various aspects of the entire industrial chain

SZSE A Share Index

The National Service Industry Conference proposed "integration of the two industries," what is the deeper meaning?

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On April 7, the A-share market rebounded on reduced volume. Multiple sectors including rare earths, coal, the hog industry, and phosphorus chemicals were active, with the STAR Market Composite Index rising nearly 1%. Analysts believe that the market remains in a volatile period; before external uncertainties are resolved, late April will be a critical window for marginal improvements in both domestic and international environments. After external shocks subside, the market focus will shift toward sectors with high growth in first-quarter earnings, and it is recommended to focus on growth and energy themes

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STAR 50

BOC SSE Science and Technology Innovation Board 50 ETF

ChinaAMC China 50 ETF

Huatai-PB CSI 300 ETF

ChinaAMC SSE Science and Technology Innovation Board 50 ETF

A-Share Market Rises on Reduced Volume; Institutions Suggest Focusing on Two Major Themes

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In 2025, analysis by the China Securities Association showed that 85.3% of the 128 securities companies achieved profitability, with the main income coming from brokerage business. Major A-share indices rose, with daily trading volume exceeding 17 trillion yuan and cumulative transaction volume surpassing 400 trillion yuan. Proprietary trading has been the largest source of income for three consecutive years, with stock investment scale growing by 36.47%. The total assets of the industry reached 14.83 trillion yuan, operating income was 541.171 billion yuan, and net profit was 219.439 billion yuan, representing growth of 19.95% and 31.20%, respectively

Huaan Securities

Sealand Securities

ChiNext

HTSC

Yinhua CSI All Share Investment Banking & Brokerage ETF

Hwabao WP CSI All Share Investment Banking & Brokerage ETF

Shenwan Hongyuan

GF SECURITIES

ChiNext Composite

Guotai Haitong

CICC

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CITIC Securities Co., Ltd.

Guotai CSI All Share Investment Banking & Brokerage ETF

E Fund CSI 300 ETF Initiating Fund

Over 80% of brokerage firms made a profit last year: Brokerage business saw the largest growth, while proprietary trading has ranked first in revenue for three consecutive years

CITIC Securities research report points out that after the market adjustment, the Chinese stock market is showing important bottoms and inflection points. Despite the complex situation between the U.S. and Iran, high oil prices, and shipping disruptions affecting market expectations, China's energy consumption structure and stable economic environment have enhanced resilience to risks. Foreign capital is also re-evaluating the Chinese market, believing that the current adjustment presents a layout opportunity, and advising investors to actively participate

CITIC Securities: After the market adjustment, the Chinese stock market is showing important bottoms and hitting points

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Reuters

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CIB CSI 300 ETF

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A BOS RMB MM-R

China's yuan ticks up but Iran war expected to stoke volatility

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Chinese bonds are nearing a pivotal moment as yields are expected to rise from record lows due to easing deflationary pressures and reduced expectations for monetary easing. Analysts predict the benchmark 10-year yield could exceed 2% this year. The yield spread between five-year and 30-year notes has widened, indicating shifting inflation expectations. Positive economic data has altered market sentiment, prompting global banks to revise their forecasts for China's inflation and interest rates. However, challenges remain, including potential geopolitical developments and domestic demand weaknesses.

Bloomberg

ISHARESCGB

Guotai SSE 5-Year China Treasury Note ETF

Chinese Bonds Near Inflection Point as Inflation Outlook Shifts

On the first day of the Qingming Festival holiday, the total cross-regional personnel mobility nationwide is estimated to be around 296 million person-times, a 42.1% increase month-on-month and a 2.7% increase year-on-year. Railway passenger volume was 21.9 million person-times, up 20.0% month-on-month and 9.0% year-on-year. Road personnel mobility was 270.74 million person-times, up 44.8% month-on-month and 2.3% year-on-year. Water transport passenger volume was 1.353 million person-times, up 69.0% month-on-month and 11.7% year-on-year. Civil aviation passenger volume was 1.92 million person-times, up 6.7% month-on-month and down 13.4% year-on-year

First Day of Qingming Holiday Sees Estimated 296 Million Person-Times in Cross-Regional Mobility Nationwide

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The People's Bank of China focused on external shocks at the monetary policy meeting in the first quarter, with the escalating situation in the Middle East exacerbating domestic price differentiation and the Strait blockade impacting six global industrial chains---0402 Macro Dehydration

华尔街见闻资讯

Dacheng China Hushengang 300 Index Fund(LOF)-A

Hwabao Wp S&P Hugangshen China Enhanced Value Index Fund(LOF)-A

The People's Bank of China focused on external shocks at the monetary policy meeting in the first quarter, with the escalating situation in the Middle East exacerbating domestic price differentiation and the Strait blockade impacting six global industrial chains---0402 Macro Dehydration

In 2025, the expected new market scale of medium- and long-term funds will exceed 1 trillion yuan, and the China Securities Regulatory Commission will promote rational and long-term investment. As the capital market shifts towards value investing, the buy-side advisory service model will become the core link connecting long-term funds and the market. The trend of medium- and long-term fund inflows is evident, with social security, insurance, and annuity funds having net purchased over 800 billion yuan of A-shares. In the next five years, China's wealth market will experience trends such as the entry of household wealth into the market and the expansion of pension accounts

Heading towards buyers | The "Long Money Era" has arrived, and buyer advisory stands at the critical windfall of scale expansion and service upgrades

SSE TOTAL MARKET(000047.SH)

SSE TOTAL MARKET Stock Performance Chart

Editorial: Understanding the Logic Behind "China Travel" Continuously Gaining Popularity

Invesco's Zhao Yaoting: Chinese assets have stronger safe-haven attributes, and the risks directly affected by the disruption of Middle Eastern supplies are limited

China is about to announce its first-quarter economic data, with a Bloomberg survey estimating GDP growth at 4.8%

In the first quarter, mainland China's dollar-denominated exports increased by 14.7% year-on-year, while imports rose by 22.7%

K-shaped divergence, how to break the deadlock? | The 20th China Investment Annual Conference · Annual Summit is about to kick off