CHINA MARKET WATCH

China’s Dec Export Growth Tops Expectations, Imports Improve; Full-Year Trade Surplus Hits Record $1.19 Tn

ConsumptionHaidilao Founder Zhang Yong Returns as CEO Amid Challenges, May Refocus Red Pomegranate Plan

SemiconductorLuxshare Seeks to Terminate Acquisition of Wingtech’s Indian Assets; Wingtech Says It’s Illegal, Plans Counterclaims

SemiconductorMemory Price Surge Continues, Several Chinese Manufacturers Announce Plans to Expand Production and R&D

LogisticsDeppon Logistics Announces Voluntary Delisting, JD Logistics Intends to Acquire Remaining Shares for 3.797 Bn Yuan

UBS Sees Further Upside for A-Shares as Liquidity, Earnings Growth, and Innovation Drive Market Optimism

SemiconductorUS Eases Restrictions on NVIDIA H200 Exports to China, Allows Case-by-Case Review

LithiumChina’s Lithium Carbonate Futures Soar 38% YTD, Debate Over 200,000 Yuan Mark Intensifies

AerospaceCommercial Aerospace Rally Sparks Wave of Risk Warnings, Triggers Sharp A-Share Pullback

GoldBanks Launch Gold-Linked Structured Deposits Amid Surging Gold Prices; Listed Companies Join the “Gold Rush”

Memory Chip Giant GigaDevice Surges 37% on Hong Kong Debut, Becomes Second A+H Listing This Year

Low-Altitude EconomyXpeng-Backed Huitian Aerospace Said to Plan Hong Kong IPO Amid Flying Car Commercialization Push

Several Chinese Regions Announce Cement Capacity Replacement Plans, Prices Expected to Rebound

Real EstateTianjin Tightens New Home Price Controls, Offering Excessive Discount May Lead to Restrictions

PharmaChinese Pharma Stocks Surge Amid Global Expansion and Licensing Deals