Li Auto (02015.HK) repurchased 1.4618 million shares on June 5 at a cost of HK$83.2549 million.
Li Auto (02015.HK) announced that on June 5, 2026, the company repurchased 1.4618 million shares at a total cost of HK$83.2549 million, at prices ranging from HK$56.55 to HK$57.60 per share.
Major Brokerage UOB Kay Hian Adds GoerTek (1415.HK), NetEase (09999.HK), and Others to Buy List, Recommending Investors Enter on Pullbacks
UBS Securities noted that Chinese equities retreated in May due to a lack of new catalysts, with the Hang Seng Index and MSCI China Index declining 2.3% and 3.4% month-over-month, respectively. The firm expects U.S. equities, after rallying significantly since the end of March, to enter a consolidation phase, and anticipates Chinese equities may decline further in June in tandem with U.S. markets. It views this as a favorable opportunity to buy stocks expected to deliver stronger revenue growth in the second half of 2026. The firm has added Goertek (1415.HK), China Resources Mixc Lifestyle Services (01209.HK), NetEase (09999.HK), and Wuxi Apptec (02359.HK) to its Buy list.
Hong Kong Stock Ratings Summary: Guosheng Securities maintains its Buy rating on MINIMAX.
Cailian Press will regularly compile ratings and target prices from various institutions for Hong Kong stocks.
June 4 Buyback Roundup | AIA, Tencent, and others announced share repurchases, with AIA spending HK$659 million.
According to a filing disclosed by the Hong Kong Exchange on June 5, AIA (01299.HK), Tencent (00700.HK), and others repurchased shares. ① AIA (01299.HK) repurchased 8.325 million ordinary shares on June 4, for a total consideration of HK$659 million, at prices ranging from HK$81.6 to HK$76.8 per share. Since the adoption of the share repurchase mandate, the cumulative number of securities repurchased amounts to 54.0656 million shares, representing 0.5172% of the issued share capital as of the date the ordinary resolution was passed. ② Tencent (00700.HK)
Making Cars + 'Making Humans'! Automakers Enter the Robotics Arena with Force
① Li Ke, Executive Vice President of BYD, revealed that BYD is developing humanoid robots. According to incomplete statistics, nearly 20 leading automakers worldwide have entered the embodied intelligence sector through in-house development, joint ventures, incubation, and other approaches. ② Analysts told reporters that the high degree of technological and supply chain overlap between the automotive industry and humanoid robots makes this transition from mobility solutions to general-purpose intelligent agents an inevitable strategic evolution for automakers.
Selected HKEX Announcements | China Overseas Land & Investment recorded sales exceeding RMB 10 billion in the first five months; Dickson Concepts reported a profit increase of over 20% in the previous fiscal year
① China Overseas Land & Investment recorded sales exceeding RMB 10 billion in the first five months—what was its growth rate? ② Dickson Concepts reported a profit increase of over 20% in the previous fiscal year—how large is its scale?
Li Auto (02015.HK) repurchased 1.8857 million shares on June 4 at a total cost of HK$108 million.
Li Auto (02015.HK) announced that on June 4, 2026, the company repurchased 1,885,700 shares at a total cost of HK$108 million, with repurchase prices ranging from HK$56.9 to HK$58.1 per share.
Li Auto (2015.HK): Near-term gross margin under pressure; L8 and L9 models may drive sequential profit improvement
Event: The company delivered 34,000 vehicles in Q1, generating revenue of RMB 23 billion, of which vehicle sales accounted for RMB 21.53 billion, a year-over-year decline of 13%. Net loss attributable to shareholders in Q1 was RMB 2.3 billion, with an overall gross margin of 7.9% and a vehicle gross margin of 6.1%.
Guolian Minsheng Securities: May NEV sales rebound, with multiple NEV makers reporting significant growth
The sector has emerged from the traditional Q1 off-season, with demand steadily recovering.
June 3 Buyback Roundup | AIA, Tencent, and others announced share repurchases, with AIA spending HK$597 million.
According to a filing disclosed by the Hong Kong Exchange on June 4, AIA (01299.HK), Tencent (00700.HK), and others repurchased shares. ① AIA (01299.HK) repurchased 7.2626 million ordinary shares on June 3, for a total consideration of HK$597 million, at prices ranging from HK$81.45 to HK$82.85 per share. Since the adoption of the share repurchase mandate, the aggregate number of securities repurchased amounts to 45.7406 million shares, representing 0.4375% of the issued share capital as of the date the ordinary resolution was passed. ② Tencent (00700.
Li Auto-W (02015.**** for the launch of the new L8 and progress in embodied intelligence
Q1 results were largely in line with expectations, though profitability faced short-term pressure. The company sold 95,000 units in Q1 2026, up 2% year-over-year but down 13% quarter-over-quarter, exceeding prior guidance; revenue declined by 11% year-over-year and 20% quarter-over-quarter to RMB 22 billion.
Li Auto-W (02015) repurchased 664,000 shares on June 3 at a cost of HK$39.2666 million.
Li Auto (02015.HK) announced that on June 3, 2026, the company repurchased 664,000 shares at a total cost of HK$39.2666 million, with repurchase prices ranging from HK$58.95 to HK$59.30 per share.
BOCOM International: Auto market rebounded month-over-month in May, driven by new product cycles
Focus on companies with high certainty of strong export growth this year, leading automakers' technological upgrades in VLA architecture and world-scale large models, and the cross-sector expansion of physical AI into new business areas such as humanoid robotics and low-altitude aerial vehicles.
China Passenger Car Association (CPCA): Preliminary statistics show that retail sales of new energy passenger vehicles nationwide totaled 974,000 units in May, down 5% year-over-year.
According to preliminary statistics from the Passenger Car Association, retail sales of passenger vehicles nationwide totaled 1.545 million units in May (May 1–31), representing a 20% year-over-year decline and a 12% month-over-month increase. Year-to-date retail sales reached 7.15 million units, down 19% year-over-year. During the same period, wholesale shipments by passenger vehicle manufacturers totaled 2.232 million units, down 4% year-over-year but up 6% month-over-month, bringing year-to-date wholesale volumes to 10.209 million units, a 6% year-over-year decline. Retail sales in the new energy passenger vehicle segment reached 974,000 units in May, down 5% year-over-year but up 15% month-over-month, with year-to-date retail sales totaling 3.732 million units, down year-over-year.
China Passenger Car Association: In May, wholesale sales of new energy vehicles by multiple mainstream automakers reached a record high for the same period.
According to the China Passenger Car Association, benefiting from accelerated electrification technology iterations by leading automakers and the concentrated launch of multiple high-profile new models, wholesale sales of new energy vehicles (NEVs) by several major automakers in May set new historical records for the same period, underscoring the evident progress of domestic automakers’ electrification transformation. Companies include BYD (01211.HK), Chery (09973.HK), Tesla China, Leapmotor (09863.HK), SAIC-GM-Wuling, SAIC Motor Passenger Vehicle Company, Nio Auto-SW (09866.HK), Arcfox, SAIC General Motors, Dongfeng Nissan, GAC Toyota, IM Motors, Changan Mazda, GAC Trumpchi, Beijing Automotive Works, Maxus (SAIC MAXUS), and Dongfeng
Hong Kong Stock Ratings Summary: CITIC Securities maintains its Buy rating on BYD Company Limited
Cailian Press will regularly compile ratings and target prices from various institutions for Hong Kong stocks.
June 2 Buyback Roundup | AIA, Li Auto-W, and others announced share repurchases, with AIA spending HK$536 million.
According to a filing disclosed by the Hong Kong Exchange on June 3, AIA (01299.HK), Li Auto-W (02015.HK), and others repurchased shares. ① AIA (01299.HK) repurchased 6.548 million ordinary shares on June 2, for a total consideration of HK$536 million, at prices ranging between HK$82.45 and HK$80.90 per share. Since the adoption of the share repurchase mandate, the cumulative number of repurchased securities amounts to 38.478 million shares, representing 0.3681% of the issued shares as of the date the ordinary resolution was passed. ② Li Auto-W (02015
Selected HKEX Announcements | A Qingdao Bank shareholder plans to sell more than 100 million shares; Everest Medicines receives over USD 100 million upfront payment from licensing agreement
① Shareholders of Qingdao Bank plan to reduce holdings by more than 100 million shares—what are the details? ② Everest Medicines has received an upfront payment exceeding USD 100 million from a licensing deal—what are the key takeaways?
Li Auto-W (02015) repurchased 2.2195 million shares on June 2 at a cost of HK$136 million.
Li Auto (HKEX: 2015) announced that on June 2, 2026, the company repurchased 2.2195 million shares at a total cost of HK$136 million, with repurchase prices ranging from HK$60.45 to HK$61.90 per share.
Rare! Tencent surges over 10% in a single day—has the worst passed for Hong Kong tech stocks?
Hong Kong-listed tech stocks surged.