UBS Group has provided a list of benchmark companies for Chinese and American Technology firms: in addition to Xiaomi and Li Auto benchmarking against Tesla, there are also these companies worth paying attention to!
In this report, UBS Group provides a detailed list of AI-related companies for comparison, along with valuation comparisons. This list covers multiple sectors, including Hardware, Software, Internet, and Autos.
UBS Group provided a benchmark list: Cambricon compared to NVIDIA, Xiaomi compared to Tesla, Semiconductor Manufacturing International Corporation compared to Taiwan Semiconductor...
UBS Group stated that the valuation of Cambrian is three times higher than that of NVIDIA, while the valuations of Xiaomi and Li Auto are 80% and 90% lower than that of Tesla, respectively. The valuation of Semiconductor Manufacturing International Corporation is 15% lower than that of Taiwan Semiconductor.
Invesco is bullish on China Stocks: DeepSeek will bring about a revaluation of value, and these Industries will particularly benefit.
Invesco believes that the current valuation of Stocks in China is only 10 times PE, which is discounted by 55% compared to US stocks, indicating significant potential for upward movement.
Express News | Re-fight at the Nürburgring! Lei Jun stated that in March, Xiaomi will bring the mass production version of the SU7 Ultra to the Nürburgring for laps.
Fund trends | North Water has sold Tencent shares worth over 5.3 billion Hong Kong dollars for three consecutive days, while increasing holdings in Alibaba and Semiconductor Manufacturing International Corporation.
Track the latest dynamics of southbound capital.
Net Outflow of Tencent in the Hong Kong Stock Connect is 1.766 billion Hong Kong dollars.
Northbound capital inflow to Alibaba (09988.HK), SMIC (00981.HK), and Kuaishou-W (01024.HK) reached 1.728 billion HKD, 0.904 billion HKD, and 0.243 billion HKD respectively. Northbound capital outflow from Tencent (00700.HK), Xiaomi Group (01810.HK), and Meituan (03690.HK) reached 1.766 billion HKD, 1.027 billion HKD, and 0.17 billion HKD respectively. The highest net inflow to active stocks under SH->HK Connect was Alibaba (09988.HK) at 2.61 billion HKD, while the highest net capital outflow.
A preview in one image | The earnings reports for Alibaba and Bilibili are coming next week! Chinese concept stocks' earnings reports are facing a major test; can they "add fuel to the fire" for the market?
Starting next week, Alibaba, Bilibili, and several other star Network Technology stocks will release their latest quarterly earnings. The Capital Markets are once again focusing on Chinese concept stocks; will this earnings season bring surprises to the market.
China Passenger Vehicle Association: In early February, the retail sales volume of new energy vehicles in the passenger vehicle market increased by 11% year-on-year but dropped by 36% month-on-month.
According to data released by the China Passenger Vehicle Market Information Joint Conference, from February 1 to 9, the national retail sales of passenger vehicles reached 239,000 units, a decrease of 31% compared to the same period in February last year, and a decline of 39% compared to the same month last month. So far this year, cumulative retail sales stand at 2.032 million units, a year-on-year decrease of 15%. During this period, the retail sales of new energy passenger vehicles reached 95,000 units, an increase of 11% compared to the same period last year in February, but a drop of 36% compared to last month; year-to-date cumulative retail sales of 95,000 units show a year-on-year growth of 12%.
Express News | Today, southbound funds had a net sell of 1.024 billion yuan. In the Hong Kong Stock Connect (Shanghai), TRACKER FUND OF HONG KONG and TENCENT had net sells of 3.104 billion Hong Kong dollars and 1.321 billion Hong Kong dollars respectively; Alibaba-W had
Goldman Sachs: Breakthroughs in DeepSeek technology are expected to accelerate the popularization of AI, and Global economic growth may experience significant acceleration.
Goldman Sachs released a Research Report stating that recently, a few Chinese companies, such as DeepSeek, have developed advanced generative AI models that are cheaper than existing products. This development may accelerate the adoption of AI and enhance the technology's contribution to Global economic growth.
Hong Kong Market Quick View | Hong Kong stocks rose and fell back, the Technology Index dropped nearly 1%; Semiconductors stocks and China-Affiliated Brokerage stocks turned to declines, Semiconductor Manufacturing International Corporation fell over 4%,
The Network Technology stocks showed mixed results, with KUAISHOU-W up 6.31% and Baidu Group-SW up 5.74%; the semiconductor stocks weakened, with SHANGHAI FUDAN down 8.03% and HG SEMI down 6.35%; the Lithium Battery stocks decreased, with LEOCH INT'L up 14.11% and BYD Electronics down 7.59%.
Goldman Sachs has listed the thematic investment portfolio of "Generative AI" in the Asia-Pacific region.
Goldman Sachs published a report listing the "Generative AI" thematic investment portfolio in the Asia-Pacific region (excluding Japan), currently only listing the Hong Kong stocks: Stock │ Asia-Pacific "Generative AI" Portfolio Weight Tencent (00700.HK) │ 2.5% Alibaba-W (09988.HK) │ 2.5% Xiaomi-W (01810.HK) │ 2.25% NTES-S (09999.HK) │ 2% JD.com-SW (09618.HK) │ 2% Baidu-SW (09888.HK) │ 2.5% KUAISHOU-W (01024.HK) │ 2% SenseTime-
Express News | The index's intraday increase narrowed to 1.1%, Xiaomi fell over 4%, and Semiconductor Manufacturing International Corporation dropped over 3%.
Lei Jun: From a profit and loss perspective, the Xiaomi 15 Ultra definitely needs to increase its price.
Xiaomi (01810.HK) founder and Director Lei Jun stated that the authoritative Institutions' January domestic smartphone sales data show that Xiaomi performed exceptionally well, ranking second in market share in China, with sales growing over 40% month-on-month, the fastest growth rate. The Xiaomi 15 Ultra is positioned as a peak Technology imaging flagship and will be launched together with the Xiaomi SU7 Ultra at the end of February. This Xiaomi flagship, positioned at the highest end, has made significant breakthroughs, especially in night scenes, and there is great confidence in its performance. He also mentioned that the previous generation Xiaomi 14 Ultra was priced at 6,499 yuan, and there have been developments over the past year.
The Hong Kong stock market once rose 665 points in the afternoon, breaking through the 22,500 mark. The technology index reached a nearly three-year high, while Xiaomi and SMIC pulled back.
The launch of the DeepSeek model has reignited investor interest in China's AI development. Anticipating that large AI modules in the mainland will make technological breakthroughs, Hong Kong stocks continued their upward trend from the previous day, opening 100 points higher this morning (13th). Supported by heavyweight technology stocks and AIA (01299.HK), the gains gradually expanded, with a rise of 665 points in the afternoon, reaching a high of 22,523, the highest in over four months. The latest report shows 22,308, up 450 points or 2.1%, with a transaction volume of 258.365 billion dollars. The Hang Seng Technology Index rose 4.2% in the afternoon, reaching a high of 5,503, the highest level in nearly three years since mid-February 2022, latest reported at 5.
Hong Kong Stock Afternoon Review | The Hong Kong stocks continue to rise! The Hang Seng Index surpasses the 22,000-point mark; Network Technology stocks and Medical stocks perform brilliantly, with Baidu up over 7% and ALI HEALTH rising more than 8%.
Network Technology stocks rose broadly, KUAISHOU-W increased by 7.49%, and Baidu Group-SW rose by 7.37%; Digital Health stocks all increased, ALI HEALTH rose by 8.18%, and JD HEALTH rose by 2.27%; Sporting Goods stocks all rose, LI NING increased by 3.91%, and ANTA SPORTS rose by 3.34%.
Chinese Technology stocks have reached their highest level since the pandemic restart, thanks to TA?
According to FX168 Finance News (Asia-Pacific), the Hang Seng TECH Index is advancing towards its highest level since the reopening of China after the pandemic, as investors are buying Chinese Technology stocks, betting on their AI potential.
February's "Peak Duel" is approaching! The release date for the尊界 S800 technology is set, and the 小米 SU7 Ultra will be launched at the end of the month.
① Industry insiders close to Huawei have indicated that the interior design of the Zunji S800 is expected to be released for the first time in March, according to multiple sources. ② The Xiaomi SU7 Ultra comes in five color options, including Lightning Yellow, features a logo made of 24K gold, has over 17 components made of Carbon Fiber, and utilizes 5 square meters of Alcantara ultra-fine fiber material in the interior.
Express News | Lei Jun: Xiaomi Autos have delivered 0.16 million units.
DeepSeek Concept | JPMorgan recommends six major investment opportunity areas and suggests six Hong Kong stocks that benefit from the concept.
Gelonghui, February 13: JPMorgan published a report indicating six major investment opportunities visible from DeepSeek, including: 1. Cloud platforms; 2. Application software; 3. Edge devices; 4. Edge AI - Components; 5. Edge AI - Semiconductors; 6.