Franklin FTSE China

BYD entered the top five imported car sales in South Korea for the first time in November

Tencent Applies for Patent on Business Processing Method Based on Edge Computing

Fliggy Launches Hotel Official Flagship Stores 2.0 and Fezhulianmeng 2.0, Amap Releases AI Parking Radar

BYD offers a limited-time AUD 4000 cashback for the Sealion 7 model in Australia

A block trade of Meituan shares worth approximately HK$107 million was recorded.

Tencent signs a memorandum of understanding with Shenzhen Hetao College to jointly cultivate AI talent

Rare Earth Magnets Enterprises Obtain Export Licenses, Photovoltaic Industry Adjusts Production Plans

Goldman Sachs Sees Positive Outlook for Xiaomi's AI Strategy, Issues Buy Rating

Alibaba Cloud Promotes OpenAnolis to Become Leading Open-Source Project in China

FTSE China A50 Index Futures Rise Over 1% in Afternoon Trading

Alibaba obtains a technology patent for a cross-availability zone device switching system

Sinolink Maintains Buy Rating on Alibaba

Xiaomi applies for an image recognition patent that can optimize exposure using ambient light.

Xiaomi applies for a new audio conversion patent to improve the accuracy of model outputs.

Tencent's PVE shooter game 'Nizhan: Future' announces release date with pre-registrations exceeding 20 million

Tencent Announces Multiple Patents Related to Video, Data Transmission, and Multimedia Processing

Tencent Applies for Patent on Weather Information Display Method and Related Equipment

Caitong Securities Initiates Coverage on Meituan with an 'Overweight' Rating

BYD CEO Wang Chuanfu Outlines Technical Challenges and Plans at Shareholders' Meeting

Fitch Upgrades Xiaomi Group's Rating to BBB+

SEVEN HILLS RLTY TR COM USD0.001 (S/R 04/12/2025)

SMX Security Matters

Polyrizon

Picard Medical

Synchronoss Tech

PharmaCyte Biotech

Q/C Tech

Rich Sparkle

Hoyne Bancorp

Tradr 2X Long ASTS Daily ETF

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The three major indices of the Hong Kong stock market showed volatile consolidation during the session today, with the Hang Seng Index rising by 0.36%, the Technology Index rebounding by 0.62%, and the healthcare sector performing prominently. CMON surged over 55% during the session, with a noticeable structural inflow of funds. The financial sector faced downward pressure, and market differentiation intensified. The recovery in retail sales boosted domestic demand, and short-term funds showed a clear wait-and-see attitude

- The Hong Kong stock market showed mixed performance, with the Hang Seng Index rising 0.36% to 26,029.32 points, but failing to reach new highs.  
- The technology sector experienced volatility influenced by AI and chip news, while the healthcare sector saw significant gains, particularly in innovative drugs, attracting increased investment.  
- Retail sales growth in Hong Kong reached 5.3%, indicating improved local consumption, which may positively impact market sentiment amid cautious investor attitudes towards year-end policies and interest rate changes.

Market Heartbeat

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TENCENT

BABA-W

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MEITUAN

CMON

Hong Kong Stock Market Intraday | The Hang Seng Index fluctuated and rebounded by 0.36%, with the healthcare sector leading the gains, CMON surged by 55%, attracting capital attention

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BYD's chairman attributes the sales decline to a reduced technological lead and plans major technological releases to regain momentum. The company will focus on R&D, expand overseas, and enhance sales strategies to address competitive pressures. Despite a recent sales dip, BYD aims to reestablish its technological edge with its team of 120,000 engineers. The 2025 sales target has been adjusted due to increased competition from rivals like Geely and Leapmotor.

- BYD's chairman, Wang Chuanfu, stated that the company's sales decline is due to a diminished technological edge and a lack of recent innovations, despite upcoming major technological releases.  
- The company plans to enhance its R&D efforts and sales capabilities to regain market competitiveness and address issues like slow charging speeds.  
- In November, BYD sold 480,186 NEVs, marking a year-on-year decline, and has adjusted its 2025 sales target down to 4.6 million units amid intensified competition from rivals.

CnEVPost

BYD Company

BYD Company Limited

BYD COMPANY

BYD chairman explains why sales have declined and why a turnaround could be expected

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The short selling amount in the Hong Kong stock market reached HKD 10.05 billion in half a day, accounting for 15% of the turnover of shortable shares. The main shorted stocks include Tracker Fund of Hong Kong, Xiaomi Corporation, Hang Seng China Enterprises, Ping An, and Alibaba, with short selling ratios of 29.7%, 23.6%, 13.2%, 23.8%, and 12.8%, respectively

AASTOCKS

Ping An Insurance

Ping An

Xiaomi Corporation

The short selling in the Hong Kong stock market for half a day reached HKD 10.05 billion, accounting for 15% of the turnover of shortable stocks