HSCEI ETF-R

BYD accelerates talks to enter F1 racing

Alibaba, Baidu, Tencent Q1 2026 Cloud Business Earnings Released: Baidu Leads Growth, Alibaba Maintains Market Share

Xiaomi's Lei Jun Predicts RAM Prices to Rise for Two Years, Strongly Recommends Users Upgrade Now

Cainiao Unveils First Climbing Robot ZeeBot, Breaking Warehouse Operation Silos

Alibaba Cloud Launches Financial-Grade AI Agent Platform Dianjin, Directly Connecting Market Data and Alibaba Assets

Tencent's Hy-MT2 Translation Model Officially Open Source, Supporting 33 Languages

Dubai Chamber Signs MOU with KEETA to Boost SME Growth

Ping An Shareholders' Meeting: Ma Mingzhe Defines 'Comprehensive Finance + Medical & Elderly Care' Strategy

BYD denies Maserati acquisition rumors, confirms evaluating European assets

Tencent Partners with HK EMSD for Hydrogen Week, Commits to Full Carbon Neutrality by 2030

BYD Denies Maserati Acquisition Rumors, Confirms Talks to Acquire Stellantis Capacity and Evaluates European Brand Investments

Tencent Meeting AI Simultaneous Interpretation Function Launches, Supports Chinese-English Bidirectional Translation with Latency Under 3 Seconds

Taobao 618 Kicks Off with Qwen AI Integration and Upgraded Cross-Border Furniture Shipping for Taiwan

ICBC Manufacturing Loan Balance Surpasses 5 Trillion Yuan, Underwrites Over 100 Billion Yuan in Sci-Tech Bonds in 2025

Meituan Drone Network Launches and Initiates National Authorized Service Provider Recruitment

Hema FY2026 GMV Surpasses 107 Billion RMB, Consecutive Second Year Adjusted EBITA Positive

Xiaomi holds 'Human, Vehicle, Home Ecosystem' conference tonight

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

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Xiaomi has launched a new standard version of its YU7 SUV, priced at 233,500 yuan ($34,320), to compete with Tesla's Model Y. The new model features a 73.0 kWh battery, offering a CLTC range of 643 kilometers, and is 7.88% cheaper than the previous version. CEO Lei Jun emphasized the aim to challenge Tesla's sales. The YU7 has seen significant sales, with 9,876 units delivered in April, despite a drop due to the new SU7 sedan's launch.

- Xiaomi has launched the new YU7 standard version SUV at a starting price of 233,500 yuan ($34,320) to compete with Tesla's Model Y in China's electric vehicle market.  
- The YU7 features a 73.0 kWh battery with a CLTC range of 643 kilometers, and it charges from 10% to 80% in 20 minutes.  
- In April 2026, Xiaomi's total vehicle deliveries were 36,702, with the YU7 accounting for 9,876 units, reflecting a decrease in contribution due to the new-generation SU7 sedan's higher sales.

CnEVPost

GraniteShares 1.25 Long TSLA Daily ETF

Xiaomi Corporation

Tesla

XIAOMI-W

T-Rex 2X Long Tesla Daily Target ETF

First Trust S-Network Future Vehicles & Tech ETF

Simplify Volt TSLA Revolution ETF

Hwabao WP CSI Intelligent Electric Vehicle ETF

Direxion Daily TSLA Bull 2X Shares

Leverage Shares 2X Long TSLA Daily ETF

Hua Xia CSI New Energy Vehicles ETF

Guotai CSI 800 Automobile and Parts ETF

GraniteShares 2x Long TSLA Daily ETF

XIAOMI-WR

Xiaomi HK SDR 2to1

Xiaomi launches new, cheaper standard version of YU7 to further challenge Tesla Model Y

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CTJ (301153) won the procurement project of the Shaanxi Branch Headquarters of CCB, with an amount of 2.401 million yuan. The operating revenue for 2024 is 825 million yuan, and the net profit is 104 million yuan. In the first half of 2025, the operating revenue is 240 million yuan, and the net profit is -48 million yuan. The company mainly provides electronic payment solutions, smart finance, and other services

同壁财经

China Construction Bank

Hwabao WP CSI Banks ETF

Fullgoal CSI 800 Banks ETF

Huaan CSI Banks ETF

WP CSI Banks ETF

ChinaAMC CSI Banks ETF

CTJ (301153): Won the procurement project of the Shaanxi Provincial Branch Headquarters of CCB, with a bid amount of 2.401 million yuan

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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

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GUM: MPF Per Capita Gains HKD3,682 in May

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

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."

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.

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

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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

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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

E Fund CSI Auto Components Thematic ETF

Xiaomi YU7 GT breaks Nürburgring SUV record ahead of official launch

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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.

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BYD Company Limited

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

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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.

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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

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Bank Of Communications

MINSHENG BANK

CMBC

CITIC BANK

CNCB

CEB BANK

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China Merchants Bank

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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

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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.

HSCEI ETF-R(82828.HK)