According to the Passenger Car Association, the pickup truck market sold 59,000 units in April, representing a year-on-year increase of 4.2%.

The Passenger Car Association Sub-branch released the April 2026 wholesale sales ranking report for pickup truck manufacturers.

Zhitong FinanceMay 15 16:54

Cui Dongshu: In April, manufacturers' sales growth remained relatively stable, while the automotive export market continued to strengthen.

On May 15, Cui Dongshu, Secretary General of the Passenger Car Association, published an article analyzing the trends in the automotive sub-market and the competitive performance of manufacturers in April 2026.

Zhitong FinanceMay 15 13:36

The China Academy of Information and Communications Technology (CAICT) has launched the AI terminal intelligence grading evaluation initiative.

The China Academy of Information and Communications Technology (CAICT) announced that the Ministry of Industry and Information Technology (MIIT), the State Administration for Market Regulation (SAMR), the Ministry of Commerce, and other departments have jointly released the national standard series 'Grading of Intelligence Levels for AI Terminals' (GB/Z 177-2026), which clearly defines the intelligence levels of AI terminals. CAICT is one of the principal drafting organizations for this series of standards and possesses comprehensive testing qualifications and technical capabilities in product areas such as smartphones, tablets, mini-computers, smart glasses, earphones, speakers, televisions, and automotive cockpits. The first round of compliance testing for the grading of AI terminal intelligence standards has now been initiated. Relevant enterprises are encouraged to actively participate in the testing process to collaboratively promote the implementation of these standards.

AASTOCKSMay 15 11:46

Citi has lowered its 2023 target for the Hang Seng Index to 29,600 points, with Tencent (00700.HK) and AIA (01299.HK) among its top picks for H shares.

Citi released a research report expressing cautious optimism about the outlook for China's stock market in the second half of 2026, favoring the technology and export sectors. The bank upgraded its investment rating for the insurance sector from "neutral" to "overweight." Citi expects insurance companies to benefit from higher investment returns from equities and inflows of bank deposits into insurance products. The bank set year-end 2026 target levels for the Hang Seng Index, CSI 300 Index, and MSCI China Index at 29,600 points (a 1.3% decrease from the previous target of 30,000 points), 5,600 points, and 92.0, respectively, while introducing a mid-2027 Hang Seng Index target of 30,500.

AASTOCKSMay 14 16:28

Top Automakers by China NEV Exports in April: BYD 130,042 Units, Chery 57,910

CnEVPostMay 14 11:28

Express News | Xiaomi, Tesla, BYD, and other companies announce price hikes

BreakingsMay 14 11:20