ISHARESHSTECH

JD Announces Operation of National First Embodied AI Data Collection Community in Suqian

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

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

Fairtree Cuts Alibaba Stake by 57.7%, Other Investors Increase Holdings

Huaxing Securities Resumes Tracking of SMIC A-Shares with Buy Rating

Alibaba Cloud Opens Bailian Platform and Launches New Models with Moonshot and Minimax

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

Shanghai Electronic Materials International Supply Chain Center Established on May 20, Co-owned by SMIC and Hua Hong Group

BYD's Fangchengbao Breaks 400,000 Sales Milestone, with T7 SUV Making Significant Contribution

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

JPMorgan Raises Baidu Target Price to HKD 225, Bullish on Strong AI Growth

Chinese semiconductor stocks rise on reports of potential strike at Samsung Electronics

Alibaba Cloud Launches Qwen Cloud AI Agent Service Model

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

Haitong International: Baidu Q1 Earnings Beat Expectations Driven by AI, Raises US Target Price to $201

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

BYD Ranks Fifth on the 2026 Kantar BrandZ Top 10 Most Valuable Global Automotive Brands List

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

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

CH DEMETER FIN

FAMEGLOW

LUEN THAI

NEW GONOW RV

REF HOLDINGS

PARADISE ENT

WEBX HOLDING

HAICHANG HLDG

BEST FOOD HLDG

INTELLIMARK W27

03986

01347

00981

06082

01888

00100

02476

06613

02714

02259

GIGADEVICE(03986) rose 17.03%, with a trading turnover 2.8 Billion HKD, and a year-to-date rose 337.2%. HUA HONG SEMI(01347) rose 13.89%, with a trading turnover 7.5 Billion HKD, and a year-to-date rose 78.7%. MINIMAX-W(00100) fell 7.47%, with a trading turnover 834.9 Million HKD, and a year-to-date rose 316.4%. VGT(02476) fell 5.39%, with a trading turnover 1.7 Billion HKD, and a year-to-date rose 67.3%.

Top Gainers&Losers

GIGADEVICE

HUA HONG SEMI

SMIC

BIREN TECH

KB LAMINATES

MINIMAX-W

Lens

MUYUAN

ZIJIN GOLD INTL

Top 5 HK Stock Gainers/Losers (>100B) (5.20)

01810

516380

515030

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'

BYDDY

01211

BYDDF

002594

BYD's Fang Cheng Bao brand has achieved a significant milestone of 400,000 vehicle sales, despite facing production delays due to upgrades in its Blade Battery technology. The milestone vehicle was the Tai 7 SUV, marking the 150,000th sold. The brand, launched in June 2023, focuses on off-road and urban mobility segments and has seen rapid growth in China's competitive EV market, with a 220.27% year-on-year sales increase in the first four months of 2024.

- BYD's Fang Cheng Bao brand achieved a significant milestone by selling its 150,000th Tai 7 SUV, contributing to a total of 400,000 vehicles sold.  
- Despite facing production delays due to upgrades in its second-generation Blade Battery technology, Fang Cheng Bao continues to expand rapidly in China's competitive EV market.  
- The brand has recently launched the Tai 7 EV fast-charging edition, with normal deliveries of the Tai 3 flash charging edition now underway after delays.

BYD Company

BYD COMPANY

BYD Company Limited

BYD HK SDR 10to1

BYD COMPANY-R

BYD Fang Cheng Bao hits 400,000 sales milestone despite production snags

159323

Fang Cheng Bao has begun normal deliveries of the Tai 3 flash charging edition after initial delays due to capacity constraints. BYD chairman Wang Chuanfu acknowledged production pressures during the transition to second-generation flash charging technology, affecting deliveries across various models. Despite a 15.51% year-on-year decline in NEV sales, BYD expects capacity improvements to boost monthly sales and deliveries post-June.

- Fang Cheng Bao has commenced deliveries of the Tai 3 flash charging edition after overcoming production constraints.  
- The company is transitioning to second-generation flash charging battery technology, with initial deliveries delayed from April to May due to capacity shortages.  
- As production ramps up, BYD expects increased monthly sales and significant delivery growth after June, despite recent year-on-year sales declines.

ChinaAMC CSI Hong Kong Connect Automobile Industry Thematic ETF

Fang Cheng Bao SUV delivery delays highlight BYD's manufacturing pressure amid tech transition

Kevin Warsh has been confirmed as the new chairman of the US Federal Reserve. While he asserts commitment to the Fed's independence, concerns arise about potential government influence. Warsh has criticized the Fed's interest rate strategies, reflecting some of President Trump's views, which may impact bond investors.

Businesstimes News

What bond investors should know about a Warsh-led Federal Reserve

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.

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

BYD's chief technology officer, Sun Huajun, assured that their new 9-minute flash charging technology does not harm battery life, following extensive testing. The technology allows rapid charging from 10% to 97% in nine minutes and operates efficiently even in extreme temperatures. BYD plans to build 20,000 flash-charging stations in China by 2026. Despite initial battery capacity issues affecting deliveries, BYD expects sales to rise as production stabilizes.

- BYD conducted extensive cycle and reliability testing, including 1,000 full flash-charging cycles, to ensure their new battery technology's reliability.  
- The second-generation Blade Battery supports ultra-fast charging at 1,500 kilowatts and can charge from 10% to 97% in nine minutes, even in extreme temperatures.  
- BYD plans to build 20,000 flash-charging stations in China by the end of 2026, aiming for widespread urban coverage, despite current battery capacity tightness affecting deliveries.

BYD top scientist says 9-minute flash charging won't damage battery life

BYD launched an upgraded Denza N9 SUV at a starting price of 409,800 yuan, marking a shift towards a premium market. The new model features over 100 upgrades, including improved battery range and fast-charging capabilities. Denza aims to capture the luxury segment, with 70% of buyers being former owners of high-end brands. Despite a 41.5% drop in sales this year, BYD is focusing on Denza for its export strategy, recently promoting the brand in Europe with actor Daniel Craig.

- BYD launched an upgraded version of its Denza SUV at a starting price of 409,800 yuan ($77,118), marking a shift towards a more profitable image.  
- The new Denza N9 includes over 100 upgrades, such as enhanced battery range and a fast-charging capability, appealing to buyers who previously owned luxury brands like BMW and Mercedes-Benz.  
- Despite facing a 41.5% drop in sales in early 2026, BYD aims to leverage Denza for high-margin exports, recently introducing the brand in Europe during a prominent event.

Asiaone

Bayerische Motoren Werke AG

BAYERISCHE MOTOREN WERKE AG ADR EACH REPR 0.33333 SHS SPONSORED

Mercedes-Benz Group AG

Toyota Motor Corp.

Toyota Motor

ZEEKR Intelligent Tech

Bayerische Motoren Werke AG Pref

Toyota

BYD unveils upgraded flagship Denza SUV to bolster premium market push

Pop star Wang Leehom has exchanged his endorsement fee from Denza, a BYD brand, for BYD stock, expressing regret for not investing in the company earlier. He believes in BYD's long-term potential after a decade of collaboration. The Denza N9 flash charging edition was launched, featuring advanced battery technology and a starting price of 409,800 yuan. BYD's shares have seen a 6% decline this year.

- Renowned musician Wang Leehom announced that he used his endorsement fee from Denza to purchase BYD shares, expressing confidence in the company's long-term prospects.  
- He recalled his regret over not investing in BYD a decade ago, stating that such an investment could have yielded fivefold returns today.  
- The Denza N9 flash charging edition was launched with advanced features, including rapid charging capabilities and a high-performance tri-motor system, starting at 409,800 yuan ($60,290).

Pop star Wang Leehom swaps Denza endorsement fee for BYD stock

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

CATL HK SDR 30to1

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

ISHARESHSTECH(03067.HK)