CHINA MARKET WIRE

BYD’s New Charging System Takes EV Development to Critical Turning Point, China’s NEV Penetration to Reach 50% This Year – Morgan Stanley

XPeng Motors Narrows Net Loss by 44% in 2024, Aims to Double Sales in 2025, Eyes Profitability in Q4

China’s Gaming Market Revenue Grows 12.3% YoY in Feb, AI Model DeepSeek Enters Industry

US Investors’ Interest in Chinese Stocks Hits Three-Year High, Long-Term Funds More Positive Than Hedge Funds

Hong Kong IPO Financing Surges 6-Fold YoY, Long-Term Foreign Capital Enters Market

Tencent Music’s Q4 Profit Up 43%, New Online Earnings Model Boosts Ad Revenue

China’s Auto Industry Association Urges Halting Weekly Sales Rankings to Alleviate Involutionary Competition

China Unicom Expects Strong Growth in 2025 Performance, Computing Power Investment to Surge 28%

Chinese Property Developers Warn of 2024 Losses, Sunac China Expects to Lose Up to 26 Bn Yuan

Xiaomi Achieves Record Business Performance in 2024, Plans to Invest 7 – 8 Bn Yuan in AI Development This Year

China’s Lithium Battery Exports Rise in Jan–Feb, Home Appliance Exports Grow At Slower Pace

BYD Surpasses CATL in Market Value For First Time in Seven years

Hong Kong Chief Executive John Lee Comments on CK Hutchison’s Plan to Sell 43 Ports to BlackRock-TiL Consortium

YT Daily – China’s Most Commodity Futures Closed Down on Tue, Gold Hit New Record High

Chinese Local Fiscal Revenues Show Steady Growth in Early 2025 Amid Economic Stabilization Efforts