Direxion CSI China Internet Index Bull 2X

Meituan Reports A Loss of 23.4 Billion Yuan in 2025

Tencent Releases 2025 ESG Report, Green Power Ratio Rises to 82.9%

Tencent Upgrades WorkBuddy to Support WeChat Direct Connection to Office Computers

OPTIMI HEALTH CORP

HCW Biologics

FLAG SHIP ACQUISITION CORPORATION COM USD0.001 (SUB/RIGHT 31/03/2026)

Micware

GCL Global

MetaVia

Silexion Therapeutics

EMMIS ACQUISITION CORP. ORD USD0.0001 (S/R 12/09/2030)

HORIZON SPACE ACQUISITION II CORP COM USD0.0001 30/03/2026(SUB/RIGHTS)

CLOU

JLens has raised concerns over Cloudflare, Inc. (NYSE: NET) for providing web services to platforms promoting violent extremism and terrorism, as highlighted in an ADL report. The report indicates Cloudflare supports sites like WatchPeopleDie, which raises significant questions about online safety and security.

Unusual Whales

CloudFlare

Global X Cloud Computing ETF

JLens Flags Cloudflare’s Failure to Prevent Its Services from Being Used by Websites that Spread Graphic Violence, Extremism, and Foreign Terrorist Content, Citing ADL Report

PNGAY

601318

CWEB

CHAU

Ping An Insurance reported a 7.4% decline in profit for Q1, with net income falling to 25 billion yuan due to a downturn in China's stock market. Operating profit increased by 7.6%. The CSI 300 Index's nearly 4% drop impacted insurers' stock portfolios, leading to an average 20% decrease in net income for listed Chinese insurers, although new business value is expected to rise by at least 15% due to strong demand for savings products.

Businesstimes News

Ping An Insurance

Ping An

Direxion CSI 300 China

PING AN

CSI 300

J-Yuan

PING AN-R

Ping An profit falls as market decline hurts investment returns

KANZHUN LIMITED Files Its Annual Report on Form 20-F | BZ Stock News

StockTitan

Kanzhun

BOSS ZHIPIN-W

KANZHUN LIMITED Files Its Annual Report on Form 20-F | BZ Stock News

00700

TCTZF

KWEB

CICC analyst has maintained a Buy rating on Tencent Holdings (TCTZF) with a price target of HK$666.00, while the shares closed at HK$493.40. The analyst consensus for Tencent is Strong Buy, with a target of HK$717.43, indicating a potential upside of 45.41%. Additionally, Morgan Stanley also supports a Buy rating with a target of HK$650.00.

- A CICC analyst upheld a Buy rating for Tencent Holdings and set a price target of HK$666.00.  
- Tencent's shares closed at HK$493.40, with analysts given a consensus rating of Strong Buy and a price target suggesting a 45.41% upside.  
- Morgan Stanley also maintained a Buy rating with a price target of HK$650.00 in a report released on April 23.

Tip Ranks

TENCENT

Tencent Holdings Limited

Krne Csi China Internet

Tencent

CICC

Morgan Stanley

TENCENT-R

Tencent HK SDR 10to1

MORGAN STANLEY DEP SHS EA REP 1/1000 SHS NON CUM PFD O

MORGAN STANLEY DEP SHS REPSTG 1/1000TH PFD SER Q

MORGAN STANLEY DEP SHS REPS 1/1000 7.125% PFD E

MORGAN STANLEY NON-CUM DEP SH REP 1/1000 PFD SER I

MORGAN STANLEY 4.875 DEP SHS REP 1/1000 NCUM PFD SR L

MORGAN STANLEY 6.5%DEP SHS REPSTG 1/1000 NON CUM SER P

MORGAN STANLEY DEP SHS REPS 1/1000 PFD SER 'A'

MORGAN STANLEY DEP SHS REPR 1/1000TH INT PFD SER 'F' FX

MORGAN STANLEY DEP SHS REP 1/1000 NON-CUM PFD STK SER K

Tencent Holdings  (TCTZF) Gets a Buy from CICC

On April 9, 2026, Tencent released its 2025 ESG report, emphasizing high-quality growth and internal governance improvements driven by AI. The report shows that Tencent's ESG rating has been upgraded to A by MSCI, focusing on carbon neutrality, AI safety governance, and social value innovation. Tencent has made significant progress in the transition to green power, with the proportion of green power in its data centers increasing from 49.8% to 82.9%, and plans to reach 100% by 2026. In addition, Tencent is also promoting biodiversity conservation and low-carbon technology innovation, releasing the "Tencent Responsible AI Principles" to enhance AI safety governance

PingWest

Tencent released its 2025 ESG report: Accelerating green electricity transformation, improving AI governance, and promoting sustainable social value innovation

02076

512380

On March 18, 2026, Kanzhun released its 2025 financial report, with total revenue of 8.268 billion yuan, a year-on-year increase of 12.4%; net profit reached 2.690 billion yuan, a significant year-on-year increase of 71.7%. However, the company faces multiple risks, including layoffs of 804 employees, high user complaints, and regulatory pressure. Despite the significant profit growth, its sustainability is questioned, as it mainly relies on large-scale layoffs and cost-cutting. By the end of 2025, the total number of employees decreased to 4,884, with a layoff rate of 14%

腾讯新闻 - 财经

Yinhua MSCI China A ETF

BOSS ZHIPIN Behind "cost reduction and efficiency improvement": 2.6 billion profit, 804 layoffs, high complaints facing regulatory crackdown

ONLN

IBUY

EBIZ

Meituan released its 2025 financial report, with annual revenue of 364.9 billion yuan, a year-on-year increase of 8%. Due to competitive pressures, the net loss was 23.4 billion yuan. Grocery retail and international business became the engines of revenue growth, achieving revenue of 104 billion yuan in 2025, a year-on-year increase of 19%. Meituan CEO Wang Xing stated that the company will continue to focus on technological innovation and ecosystem co-construction, striving to reduce losses and improve services. Despite facing fierce competition, Meituan still holds over 60% market share in the food delivery market

ProShares Online Retail

Amplify Online Retail ETF

Global X E-commerce ETF

VanEck Retail ETF

SPDR S&P Retail ETF

Meituan

MEITUAN

Meituan 2025 Financial Report: Annual Revenue of 364.9 Billion Yuan, AI and Internationalization Seek Breakthroughs

513330

513040

KBAB

513770

On April 8th, influenced by the positive news of a ceasefire from external factors, the Hong Kong stock market's internet sector rebounded after two weeks of extreme pessimism. Tencent, Alibaba, and Xiaomi all saw their stock prices rise by over 3%, while Meituan increased by over 6%. Huatai Securities pointed out that the sentiment index for Hong Kong stocks remains in the panic zone before the holiday, but there are signs of market sentiment recovery. Investors may pay attention to the Hang Seng Internet ETF from ChinaAMC, which covers several leading internet companies and is suitable for dollar-cost averaging during dips

ChinaAMC Hang Seng Internet Technology Industry ETF(QDII)

E Fund CSI HK Connect Internet ETF

KraneShares 2x Long BABA Daily ETF

Hwabao CSI HK Equities Internet ETF

XIAOMI-W

Alibaba

Xiaomi Corporation

BABA-W

Tencent, Alibaba, Xiaomi, and Meituan surge together! Hong Kong stocks in the internet sector welcome a recovery after two weeks of extreme pessimism

MPNGY

03690

YINN

Citi raised the target price for Meituan to 110 yuan, upgrading the rating to "Buy/High Risk." Despite intense competition, Meituan's unit economics for its food delivery business improved in the fourth quarter of last year, and further enhancements are expected in the first quarter of this year. Citi predicts that Meituan's core local e-commerce will return to profitability in the third quarter, with losses potentially narrowing earlier in the second quarter

AASTOCKS

Direxion FTSE China Bull 3X

Citi raises Meituan's target price to 110 yuan, rating upgraded to "Buy/High Risk"

HSBA

07200

Hong Kong's American Depositary Receipts (ADRs) saw significant gains, with major tech companies like ATMXJ rising over 2% to more than 3%. Notable increases were observed in Alibaba and Meituan. Financial stocks also performed well, with HSBC and AIA's ADRs up nearly 3%, valued at HKD 129.3 and HKD 87.3, respectively. Ping An Insurance and Hong Kong Exchanges and Clearing ADRs rose over 2%, priced at HKD 60.8 and HKD 397. Major banks, including Bank of China and Industrial and Commercial Bank of China, saw increases of nearly 1% to almost 2%.

Direxion CSI China Internet Index Bull 2X(CWEB.US)

JLens Flags Cloudflare’s Failure to Prevent Its Services from Being Used by Websites that Spread Graphic Violence, Extremism, and Foreign Terrorist Content, Citing ADL Report

Ping An profit falls as market decline hurts investment returns

KANZHUN LIMITED Files Its Annual Report on Form 20-F | BZ Stock News

Tencent Holdings (TCTZF) Gets a Buy from CICC

Tencent released its 2025 ESG report: Accelerating green electricity transformation, improving AI governance, and promoting sustainable social value innovation

BOSS ZHIPIN Behind "cost reduction and efficiency improvement": 2.6 billion profit, 804 layoffs, high complaints facing regulatory crackdown

Meituan 2025 Financial Report: Annual Revenue of 364.9 Billion Yuan, AI and Internationalization Seek Breakthroughs

Tencent, Alibaba, Xiaomi, and Meituan surge together! Hong Kong stocks in the internet sector welcome a recovery after two weeks of extreme pessimism

Citi raises Meituan's target price to 110 yuan, rating upgraded to "Buy/High Risk"

STOCKS | Hong Kong ADRs Show Significant Gains