China Concept Stocks

No significant updates today.

Regulatory Crackdown

• 🔥 CSRC Cross-Border Trading Ban: China’s crackdown on unlicensed cross-border trading may affect up to HK$250 billion in...

FUTU shares plunged 27.53% to $89.76 after Goldman Sachs downgraded the stock to Neutral with a $102.13 price target, citing a China Securities...

PDD reports Q1 2026 earnings on May 27, with consensus revenue at $15.94B (+20.92% YoY) and EPS at $2.23 (+42.95% YoY).

Key factors to watch:
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China's crackdown on unlicensed cross-border trading could affect up to HK$250 billion ($32 billion) in Hong Kong assets, with Futu Holdings and Tiger...

• Beijing imposed over US$330 million in fines on Futu, Tiger Brokers and Longbridge for unlicensed operations, prompting investors to sell overseas...

• Huawei introduced LogicFolding engineering for Kirin smartphone chips at the 2026 ISCAS conference, alongside the τ Scaling Law to advance...

• Deadly Shanxi blast Friday killed 82, triggering safety checks and coking coal futures limit-up gains.
• Coal miners surged Monday: Lu’an +9.2%,...

Post-summit stabilization signals point to lower tariffs for 3-5 years and new trade boards in non-sensitive sectors. However, the outlook stays high-level with no concrete catalysts identified.

CSRC punished Futu, Tiger Brokers and Long Bridge for unlicensed overseas trading access, confiscating gains and imposing two-year cleanup periods....

Global private equity firms are exiting China's data centers at scale, with Warburg Pincus-backed Princeton Digital Group selling assets across six...

The US SEC has approved tougher Nasdaq listing rules for China-based firms.

China's regulators launched a sweeping crackdown on illicit cross-border trading, targeting Nasdaq-listed platforms including Futu Holdings and Tiger...

Put option volumes for Futu and Up Fintech ADRs spiked to their highest levels in months just before the CSRC announced penalties for unlicensed mainland operations. Shares of both firms plunged more than 30% in pre-market trading following the news.

EV Sector Updates

• 🔥 NIO Order Surge: NIO confirmed 2,500 weekly orders for the ES8 model, with a 30% order increase after the ES9 launch...

Spain, France, Italy and the Netherlands have jointly urged faster, stronger EU trade defenses against Chinese overcapacity.

• Key proposals: Quicker...

HSBC has slashed its 2026 China retail sales growth forecast to 2.8% from 5.2%, citing fragile consumer confidence, the deepening property slump, and...

CSI 300 climbed 1.00% to 4,893.68 in early trade.

• Coal shares gained after China's worst mine disaster in 17 years, raising expectations for...

• Earnings reaction: Nio's post-earnings stock decline raises pressure on peers Li Auto and Xpeng.
• Order strength: ES8 model secured steady 2,500...

NetEase shares fell around 2% after beating Q1 estimates because investors focused on broader earnings trends and future growth prospects rather than the headline results.