CSOP HS TECH

Media reports that Xiaomi's auto factory in Beijing has become a hot topic among the American elite

Hedge Fund Manager Michael Burry Buys Nvidia Put Options, Buys Shares in JD.com and Alibaba

47 Hong Kong-listed companies conduct buybacks, with Xiaomi Group spending HK$186 million

Alibaba Pushes Full Strength Toward Smart Economy Led by Qianwen

US Congress promotes "MATCH Act," which may comprehensively restrict the export and servicing of DUV lithography equipment to companies like SMIC

Kuaishou is reportedly internally testing an AI programming assistant 'KroWork'

BofA Securities Lowers Alibaba's Target Price to HK$168, Maintains "Buy" Rating

ByteDance's Big Model Talent Flowing to Tencent, Meta, and OpenAI

Xiaomi to launch the new Redmi K90 Max gaming phone on April 21.

Western Securities maintains 'Overweight' rating for SMIC in new report

China Baoan Confirms BYD is a Customer of its Subsidiary, BTR

Nomura Downgrades Tencent Target Price to HKD 710

BYD Vice President Zhou Yalin's annual salary exceeds 10 million yuan, a first for an A-share CFO

CMBI Expects Tencent's Q1 Earnings to be Robust

Alibaba Cloud Adjusts DataWorks API Free Quotas and Supports Pay-as-you-go

BYD Tops Orders at Thailand Motor Show, as Chinese Brands Surpass Japanese for the First Time

BYD expands driver technology, but software gaps come into focus

JD Cloud Launches AI Product JoyClaw

Data from Xiaomi's 2026 Mi Fan Festival Service Week shows that mobile phone battery replacements increased by over 80% year-on-year.

Alibaba Cloud Breaks 100,000 Cards Record with Pingtouge True Martial PPU for Smart Driving R&D

JOY SPREADER

LUEN THAI

CHINA PARTYTIME

CHINA INFO TECH

BUTONG GROUP

DEEPEXI TECH

HING LEE (HK)

INTELLIMARK W27

PASHUN INT'L

MEXAN

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According to domestic media reports, after Meituan launched "Aito," it is set to release a new AI product that will focus on the pharmaceutical and health sector, positioning itself as an AI assistant for family health management. Insiders revealed that "XiaoTuan Health Steward" will not only provide health consultation services for asking about illnesses and medications but will also help users interpret health check reports and support the establishment of family health records

AASTOCKS

Meituan

MEITUAN

Meituan is rumored to launch an AI health manager

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Daiwa has lowered Tencent's target price to HKD 710, maintaining a "Buy" rating. The adjustment reflects a shorter revenue recognition window due to the later Chinese New Year in 2026 and a higher base from the same period last year. Although local game revenue grew approximately 12% quarter-on-quarter, game revenue is expected to accelerate in the second quarter. The international game growth forecast has been downgraded, and social network revenue has been adjusted downwards due to player spending shifting towards direct top-ups and cross-platform payments. An additional investment of approximately RMB 18 billion in AI is planned for 2026, impacting operating expenses

VanEck Video Gaming and eSport ETF

Tencent

Tencent Holdings Limited

Wedbush ETFMG Video Game Tech ETF

TENCENT

Global X Video Games & Esports ETF

Daiwa downgraded Tencent's target price to 710 yuan with a "Buy" rating

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As of intraday trading, the three major stock indices in Hong Kong are collectively under pressure, with market sentiment appearing sluggish. The Hang Seng Index is trading at 25595.65 points, down 1.15%, retracing some of last week's gains. In terms of market performance, AI applications and semiconductor sectors have shown strong offensive capabilities, breaking through the general decline of blue-chip stocks. Stocks such as DEEPEXI TECH, XUNCE, and ILUVATAR COREX surged on high volume, reflecting that major funds continue to highly focus on technology sub-sectors with solid growth logic during market adjustments

- As of now, Hong Kong's three major indices are under pressure, with the Hang Seng Index at 25,595.65 points, down 1.15%.  
- Notable stocks include Dipu Technology, which surged 32.06%, and Xunce, which rose 19.23%, driven by strong interest in AI and semiconductor sectors.  
- Market sentiment is increasingly sensitive to economic indicators, with a shift toward stocks with predictable earnings and those benefiting from policy changes.

LB Select

XUNCE

ILUVATAR COREX

BABA-W

XIAOMI-W

YOFC

BYD COMPANY

POP MART

SMIC

CNOOC

Hang Seng Index

Hong Kong Stocks Intraday | Hang Seng Index Down 1.15% Losing Key Level, AI and Semiconductors Strong Against Market Trend, DEEPEXI TECH Surges Over 32%

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Xiaomi Corporation disclosed its financial report, stating that on April 10th, it repurchased 6 million shares on the Hong Kong Stock Exchange, with a price per share ranging from HKD 30.88 to 31.1, involving a total amount of approximately HKD 186 million. Since the approval of the ordinary resolution (June 5, 2025), the company has repurchased a total of 321 million shares, accounting for 1.24% of its share capital

XIAOMI BT B5107

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Xiaomi Corporation

Xiaomi Corporation repurchased 6 million shares, involving approximately 186 million yuan

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In March, BYD led China's NEV market with a 22.8% share, selling 194,131 units, while Tesla ranked fourth with a 6.6% share and 56,107 units sold. BYD's market share increased from 19.1% in February, while Tesla slipped from third place. Geely followed in second with an 11.4% share. Despite a year-on-year decline in sales for both BYD and Tesla, month-on-month sales surged for both companies. In the overall passenger car market, BYD also ranked first with an 11.8% share.

- BYD maintained its lead in China's new energy vehicle (NEV) market, capturing a 22.8% share and selling 194,131 units in March 2026.  
- Tesla ranked fourth with a 6.6% share and 56,107 units sold, marking a decline from February's position.  
- Overall, BYD and Geely led the passenger car sales, with BYD holding an 11.8% share and Geely at 10.4% for the same month.

CnEVPost

BYD Company

GraniteShares 2x Long TSLA Daily ETF

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T-Rex 2X Long Tesla Daily Target ETF

GraniteShares 1.25 Long TSLA Daily ETF

BYD Company Limited

Hua Xia CSI New Energy Vehicles ETF

Leverage Shares 2X Long TSLA Daily ETF

Direxion Daily TSLA Bull 2X Shares

Simplify Volt TSLA Revolution ETF

Hwabao WP CSI Intelligent Electric Vehicle ETF

Automakers' share in China NEV market in Mar: BYD tops with 22.8%, Tesla 4th with 6.6%

UBS has reaffirmed its Buy rating for Tencent Holdings (TCTZF), setting a price target of HK$780.00, while the stock closed at HK$508.50. The analyst consensus for Tencent is a Strong Buy, with a target of HK$723.44, indicating a potential upside of 42.27%. Additionally, Morgan Stanley also maintains a Buy rating with a price target of HK$650.00.

- UBS has maintained a Buy rating on Tencent Holdings, setting a price target of HK$780.00 following the April 9 report.  
- Tencent's shares closed at HK$508.50, with analysts agreeing on a Strong Buy consensus and a price target of HK$723.44, indicating a potential 42.27% increase.  
- Additionally, Morgan Stanley reaffirmed a Buy rating on Tencent, with a price target of HK$650.00 in its report released on April 7.

Tip Ranks

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

According to Chengdu Release, the "2026 Xiaomi Next Generation Smart Hardware Technology Industry Education Integration Community Annual Conference" was officially held at the Chengdu Science Fiction Museum in the Pidu District of Chengdu. At the event, the signing for the activation of Xiaomi's third national industry-education integration base was completed, and the openvela Industry-Education Ecological Summit was held simultaneously, focusing on the latest achievements in industry-education integration. This initiative aims to build an important platform for the development of the smart hardware industry in the western region and the cultivation of new productive forces through school-enterprise collaboration, open-source technology, and joint talent development

Xiaomi's third national production-education integration base is located in Chengdu

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At the 47th Bangkok International Motor Show, Chinese brands surpassed Japanese brands in pre-orders for the first time, becoming the new market dominator. BYD led with 17,354 units, ahead of Toyota's 15,750 units. The market share of Japanese brands is rapidly declining, with sales in Thailand projected to drop 68% by 2025 compared to 2019. Chinese brands have already captured a 47.34% market share in Thailand and hold an 80% share in the electric vehicle sector, demonstrating strong competitiveness

- The 47th Bangkok International Motor Show saw a record total of 132,951 vehicle bookings, with Chinese brands surpassing Japanese brands for the first time in Thailand.  
- BYD led with 17,354 bookings, outperforming Toyota's 15,750, while seven Chinese brands occupied the top ten slots, highlighting a significant shift in market dynamics.  
- This trend signifies not just a regional victory for Chinese brands but a strategic foothold in Southeast Asia, potentially impacting their global ambitions against entrenched Japanese competitors.

Wallstreetcn

Toyota Motor Corporation ADRhedged

ChinaAMC CSI Auto Components Thematic ETF

ChinaAMC CSI Hong Kong Connect Automobile Industry Thematic ETF

Ping An CSI Auto Components Thematic ETF

First Trust S-Network Future Vehicles & Tech ETF

E Fund CSI Auto Components Thematic ETF

Toyota Motor

Guotai CSI 800 Automobile and Parts ETF

HFT CSI Auto Components Thematic ETF

Toyota Motor Corp.

Japanese Cars Collapse in Thailand! 60-Year Hegemony Ended by Chinese Automakers

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In March 2026, CATL retained its lead in China's EV battery market with a 45.54% share, despite a decline of 3.56 percentage points. BYD saw significant growth, increasing its market share to 17.83% with 10.06 GWh of installations. CATL dominated the ternary battery segment with a 70.83% share, while its LFP battery share fell to 39.6%. Other notable players included CALB and Gotion High-tech, with respective shares of 6.23% and 5.97%. Overall, CATL and BYD continue to be the top competitors in the market, reflecting mixed performance across different battery types.

- CATL remained the leading battery maker in China with 25.71 GWh and a 45.54% market share in March, although it experienced a decline in market share.  
- BYD saw a rise in its market presence with 10.06 GWh and a 17.83% share, reflecting a rebound in vehicle sales.  
- The overall power battery installations in China reached 56.5 GWh in March, marking a recovery from the previous month's slump, despite a slight year-on-year decrease.

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Top battery makers' share in China in Mar 2026: CATL 45.54%, BYD 17.83%

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Chief Executive John Lee and Director of the National Cyberspace Administration Zhuang Rongwen signed a Memorandum of Cooperation on Innovation and Technology Development in Hong Kong, aimed at promoting the development of artificial intelligence, cross-border data, blockchain, and other fields, supporting Hong Kong in building an international innovation and technology center. This memorandum marks a new milestone in digital economy cooperation between Hong Kong and the National Cyberspace Administration. John Lee stated that Hong Kong will actively align with the national "14th Five-Year Plan," promote data flow in the Guangdong-Hong Kong-Macao Greater Bay Area, and further deepen international cooperation

Tianhong Hang Seng TECH ETF(QDII)

Hang Seng TECH Index

CMS HS TECH

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HSTECH ETF

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Li Jiachao and the Director of the National Internet Information Office signed a memorandum of cooperation on innovation and technology to promote the development of artificial intelligence and other areas

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The Ministry of Industry and Information Technology, the National Development and Reform Commission, the State Administration for Market Regulation, and the National Energy Administration held a symposium for enterprises in the power and energy storage battery industry to deploy work on regulating industrial competition order. The meeting required the consolidation and deepening of industry competition norms, promoting capacity warnings, regulating price competition, compressing supplier payment terms, supervising product quality, and combating intellectual property infringement, among other tasks. It also discussed a list of negative behaviors related to irrational competition in the industry and promoted high-quality industrial development

SUNWODA

Fullgoal CSI Battery Theme ETF

The Ministry of Industry and Information Technology and others held a symposium for battery industry enterprises to continuously deepen the governance of "involution and externalization" and other work

J.P. Morgan analyst Alex Yao has reaffirmed a Hold rating on Meituan (MPNGF) with a price target of HK$85.00, while the stock closed at HK$88.00. The broader analyst consensus for Meituan is a Strong Buy, with an average price target of HK$114.43. Yao has an average return of 4.8% and a success rate of 45.32% on his stock recommendations.

- Alex Yao from J.P. Morgan has maintained a Hold rating on Meituan with a price target of HK$85.00.  
- The company's shares closed at HK$88.00, while the overall analyst consensus suggests a Strong Buy rating with an average price target of HK$114.43.  
- Yao focuses on the Communication Services sector, covering stocks like Tencent Music and has an average return of 4.8% with a 45.32% success rate on his recommendations.

J.P. Morgan Reaffirms Their Hold Rating on Meituan (MPNGF)

JP Morgan maintains a "Neutral" rating on Meituan, with a target price of 85 yuan. The report points out that the mainland government's restrictions on takeaway subsidies have sparked discussions about Meituan's prospects. Despite the presence of regulatory factors, the profitability of takeaway services remains highly uncertain. Meituan's profitability relies on order quality, with orders above 30 yuan being profitable, while orders below this price lead to losses. Assuming market share drops from 75% to 50%, the operating profit per order may actually be higher

JP Morgan maintains a "Neutral" rating on Meituan, with a highly uncertain long-term outlook for food delivery

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The Hang Seng TECH Index extended its intraday decline to 1%

Dacheng Hang Seng Technology ETF(QDII)

E Fund Hang Seng Technology ETF(QDII)

China Southern Hang Seng TECH ETF(QDII)

Hang Seng TECH ETF I

China Universal Hang Seng Technology ETF(QDII)

Huatai-PB CSOP Hang Seng Technology ETF(QDII)

ChinaAMC Hang Seng Technology ETF(QDII)

CAM HS TECH-R

Wear new shoes, walk the old pathIt seems to have developed, turned around, and modernized, but once encountering pressure or real constraints, it reverts to the old ways—the practices from the beginning.【Securities Researcher: &#34;Information involving tax assessments for related high-tech companies&#34; only indicates stricter assessments, not a blanket ban】This afternoon, the Hang Seng Tech Index suddenly widened its losses, with the index falling more than 2.5% at one point. Alibaba, Tencent Holdings, JD.com, and Meituan all saw increased declines, and the corresponding call warrants plummeted across the board. At noon, a piece of information about &#34;tax assessments for related high-tech companies&#34; circulated among securities researchers, triggering market volatility. Although this rumor has not yet received official endorsement, the market has already begun pricing it in. However, the market's pricing of such events is often one-time, and the corresponding factors are also variable. If the situation reverses, it will inevitably trigger a major counterattack. A securities researcher said it is only stricter assessments, not a blanket ban.$BABA-W(09988.HK)$TENCENT(00700.HK)$XIAOMI-W(01810.HK)

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Alibaba HK SDR 5to1

Tencent HK SDR 10to1

JD HK SDR 10to1

MEITUAN-WR

Meituan HK SDR 5to1

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Xiaomi HK SDR 2to1

$XTALPI(02228.HK) The first to rise in the Hong Kong stock watch list! Push it up!

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CSOP A50 ETF-R

CSOP A50 ETF

FI2 CSOP HSI

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FL2 CSOP HSI

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GEELY AUTOMOBILE HOLDINGS LIMITED SPON ADS EACH REP 20 ORD

POP MART HK SDR 20to1

$XTALPI(02228.HK) Cautiously optimistic, Hang Seng Tech shows signs of crashing again. Damn it, Hang Seng has a history of crashing after long holidays countless times. This 🐶 just can't be reliable in the long run.

The Hang Seng Index opened higher, refreshing its nearly four-year high; Tencent's performance exceeded expectations, receiving collective bullish calls from major banks; Chip stocks strengthened on the logic of domestic substitution, with SMIC leading the gains; Ping An's stake increase in China Taiping H-shares ignited the insurance sector; Cryptocurrency concept stocks surged as Bitcoin hit a new high; In the pharmaceutical sector, Jingtai Holdings reported its first profit, rising over 11%, while East Buy saw a sudden 12% increase.

Hot Trades in Hong Kong Stocks (8.14) | Hang Seng Index Hits Four-Year High at Opening, Morgan Stanley Says Foreign Capital Accelerated Inflows into Chinese Stock Market in July

CSOP HS TECH(03033.HK)

CSOP HS TECH Stock Performance Chart

Meituan is rumored to launch an AI health manager

Daiwa downgraded Tencent's target price to 710 yuan with a "Buy" rating

Hong Kong Stocks Intraday | Hang Seng Index Down 1.15% Losing Key Level, AI and Semiconductors Strong Against Market Trend, DEEPEXI TECH Surges Over 32%

Xiaomi Corporation repurchased 6 million shares, involving approximately 186 million yuan

Automakers' share in China NEV market in Mar: BYD tops with 22.8%, Tesla 4th with 6.6%