$HSTECH(HSTECH)$ closes up 3.6%, nearly doubling the gains as of midday. The chart now shows it has broken the short-term down trend. $KraneShares CSI China Internet ETF(KWEB)$ $KraneShares Hang Seng TECH Index ETF(KTEC)$ TikTok-like $KUAISHOU-W(01024)$ $KUAISHOU TECHNOLOGY(KUASF)$ booms 10.7% on news the platform is entering the Brazil e-commerce market with Kwai Shop. They already have 60m users in the country for Kuaishou.HK share premiums to ADRs as follows: $Alibaba(BABA)$ $BABA-W(09988)$

$HSTECH(HSTECH)$ notched another day of solid gains, rising 3.05%. Get this, the index is now up 41.5% year-to-date! $KraneShares Hang Seng TECH Index ETF(KTEC)$ $KraneShares CSI China Internet ETF(KWEB)$ $Direxion Daily CSI China Internet Index Bull 2x Shares(CWEB)$ $BABA-W(09988)$ $JD-SW(09618)$ $BIDU-SW(09888)$ $TENCENT(00700)$ $CoreValues Alpha Greater China Growth ETF(CGRO)$ It wasn't so much as lar

Another day for the record books in HKEXGroup!The $HSTECH(HSTECH)$ closed 6.7% higher, bringing the 6-day gains to 28.3%! $KraneShares CSI China Internet ETF(KWEB)$ $KraneShares Hang Seng TECH Index ETF(KTEC)$ $Direxion Daily CSI China Internet Index Bull 2x Shares(CWEB)$ The following CN tech names have the biggest premiums to their respective ADR close as of Friday: $Alibaba(BABA)$ $BABA-W(09988)$ 5.6% premium $JD.com(JD)$ $JD-SW(09618)$ 7.9%

$BABA-W(09988)$ traded almost the same number of shares today (203m) as it did on its first day of inclusion in the Stock Connect program on Sept. 10, 2024. ImageAlibaba's volume is off-the-charts today. Already 83m shares exchanging hands by the lunch break in HKEXGroup. This could match the 206m volume seen a few weeks ago when BABA joined the Stock Connect.ImageMainland investors have accounted for about 20% to 25% of the daily trading volume since. It will be interesting to know how big of a role they played in today's explosive rally.It's clear that mainland investors have appetite for HK-listed companies especially when the markets are ripping higher. They add octane to the fuel.Perhaps it's time for companies like

a lot of the CN tech names are bid up on HK open after their shares held up well overnight. $BABA-W(09988)$ $JD-SW(09618)$ $BIDU-SW(09888)$ $TME-SW(01698)$ $MEITUAN-W(03690)$ $WB-SW(09898)$ $BILIBILI-W(09626)$ $NTES-S(09999)$ $NIO-SW(09866)$ $LI AUTO-W(02015)$ $XPENG-W(09868)$ I'm a bit concerned seeing that we're

Summary Weibo Corporation's market cap has dropped 95% since 2018, yet its book value has tripled, resulting in the stock trading at around half of book value. This low P/B ratio does not reflect low return on equity or poor asset quality, suggesting the stock is deeply undervalued. At 6x earnings and with an 11% dividend yield, investors are likely to generate strong returns unless Weibo's sales take a drastic decline. Despite regulatory risks, the valuation gap between US and Chinese tech seems unjustified, particularly as Western governance systems are becoming increasing interventionist. Robert Way Weibo Corporation (NASDAQ:WB) is one of the cheapest stocks I have seen, with its market cap having fallen 95% from its peak of above USD30bn

TMTPost -- Xiaomi Corporation is doubling down electric vehicle (EV) delivery to catch up with domestic peers among intense competition in their homeland China. Credit：Xiaomi The delivery of Xiaomi‘s first first EV model SU7 in June topped 10,000, according to a post of the company’s auto unit on Chinese social media platform Weibo earlier this week. The monthly delivery for the first time exceeded the 10,000-unit mark,  achieving a new milestone of delivery since the model officially launched late March. Xiaomi added the shipment in July is expected to more than 10,000 vehicles too. In a post on Weibo Tuesday, Xiaomi updated its devliery development. It said its work to accelerate delivery of SU7 is well on the way as the facility has initiated two-shift production in June. Star