China Daily Briefing

Education sector rips +5.2% as TAL +6.0% and EDU +4.3% lead China internet recovery — NTES surges 7.8% to $123.74.

KWEB +1.35% vs FXI -0.22%: China's platform economy re-rates as EDU/TAL lead and Property drags the old-economy tape

FXI -2.19% and KWEB -2.51% as BABA -4.42% and TCOM -13.07% antitrust shock drag China equities lower — property sector -3.11% adds to the pain

iShares China Large-Cap falls 1.16% as EV sector drops 1.51% and TRS crackdown closes offshore loop

China Large-Cap -1.62%, Internet ADRs -2.32%: global chip risk-off hit the ADR complex hard, but Alibaba T-Head tripling AI capex says Beijing's tech upgrade isn't waiting for market permission.

CSI 300 proxy gains 0.57% as Zhipu AI tops HK$1 trillion market cap and Beijing signals support for qualified foreign listings on domestic exchanges

China ETFs fall 1% as Fintech -3.3% and Property -3.9% sectors bleed; energy storage wins the global order book

China Large-Cap -1.0% as Property Slumps -3.9% and Lufax Leads ADR Losers at -6.7%

China Large-Cap ETF off 1%, but Alibaba's 'all in' AI declaration at VivaTech and Chinese EV SEA expansion offer a bull-camp counter-read

China ADRs broad selloff led by property -3.5% and travel -2.9% as 618 shopping festival signals consumer fatigue

FXI falls 1.3% as Tencent -2.7% and property -2.4% weigh; digital yuan expands to 26 banks and food-delivery subsidy crackdown announced

China Large-Cap proxy -1.62%, Internet -2.59% — XPEV -4.35%, BIDU -3.47% as SpaceX euphoria finds no China bid

China equities diverge on Iran deal: Fintech +2.25%, Travel +2.02% outrun Large-Cap -0.37%; JPMorgan flags AI 'hundred model' war entering enterprise monetization phase

China property surges 3%+ as BEKE and LI Auto lead — internet flat, travel weak; JPMorgan flags enterprise AI shift

FXI +1.09% on EV dominance and regulatory thaw but KWEB -0.30% keeps internet cautious — SpaceX IPO creates HK liquidity overhang

EVs hit 66.7% of China car sales in record week — BYD claims Germany plug-in crown as iShares FXI +0.74% while Huawei's new AI chip architecture rallies semiconductor design names

China Large-Cap ETF -0.9% as Travel -2.1% and Internet -1.4% drag; Property +1.2% the lone bright spot

China Internet +1.95% and FXI +0.78% decouple from global tech sell-off; BYD's God's Eye and UniIC IPO drive the narrative

China EV sector drops 3.82% and Fintech falls 3.56% as Pentagon blacklist expands to new tech giants

CSI 300 proxy flat (+0.12%) as EV names (LI +3%, NIO +1.7%) offset PDD -3.1% and Tencent's $4B bond signal

BIDU collapses 9.7% as China's US-listed tech complex hits multi-month lows — iShares China Large-Cap ETF -2.00%

China Large-Cap -2.03% to 34.75 as Fintech cratered -5.03% and EV/Mobility -4.49% — the CSRC programme-trading crackdown landed into a tape that did not need more selling.

CSI 300 proxies slip ~1.75% as mainland capital rotates from HK to onshore A-shares; EV names BYD and Chery flag 80% overseas growth as Fintech and Property drag

China markets split: Property -1.7%, EV -1.7% drag while Internet +0.4% and Travel +1.1% provide partial offset

China Fintech Sector Crushed -3.73% as FUTU Drops 5%; PBOC Fund-Manager Rules Add Regulatory Overhang

FXI +3.0%, KWEB +3.9% in broad China tech rally as Meituan's $1B AI windfall validates platform-to-AI strategy

China Internet ETF surges +1.76% and CSI tech reshuffle tailwind — EV recovery, humanoid robot IPO, and property stabilization converge

China ETFs +0.2-0.3% as Property sector surged 1.53% and Internet/Platform +0.51% — MiniMax AI dual listing and robotic hands VC arms race signal continued tech investment cycle

China Large-Cap +0.17%: BIDU +2.47% and PDD +1.70% lead Internet/Platform +0.38% as LI Auto -3.41% and BABA -1.54% weigh on EV and e-commerce.

China's $2.2 trillion urban renewal plan lifts Property +2.3%; BIDU +3.2% and PDD +3.1% lead internet recovery

China tech sells off as brokerage crackdown hits Futu and Tiger; Alibaba AI and BYD AV provide structural counterweights

Futu Holdings +20% rebounds from crackdown as Alibaba AI beats OpenAI on code — China tech finds direction despite PDD's -11% crater

China internet ETF +1.4% as FUTU Holdings surges +17.4% and Fintech sector gains +8.1%; EV exports +40% YoY confirms demand momentum for XPEV (+7.0%), NIO complex

FUTU crashes 27.5% as CSRC's cross-border trading crackdown hits HK$250B in assets; CSI 300 proxy -1% as all sectors fall

FUTU -27.5% leads China fintech carnage as internet and EV sectors extend Friday rout

KWEB -2.57% as Futu/Up Fintech options scandal and deflation narrative drag China internet to session lows

China internet names fall 2.6% and EV sector drops 2.9% as USD strength and tech regulatory overhang weigh

China internet ETF -1.74% as Nvidia concedes AI chip market to Huawei while YMTC eyes capital markets

China Markets Split: Tencent +2.1% and Tariff Ceiling Deal Offset Property’s -3.2% Rout and Bilibili’s -8% Drop

China property stocks surge 5.9% as BEKE leads rebound while EV and fintech names bleed

KWEB drops 3.5%, BABA sheds $8.51 as China tech ADRs suffer broadest single-session selloff in six weeks

China ADRs crater 2.7–4.5% as broad-based selloff hits every sector; zero gainers on the tape

KWEB surges 4.94% as BABA rockets +8.2% to $145.81 — US-China trade truce ignites the biggest ADR rally in months

BABA surges 8% as US-China trade truce ignites broad-based China ADR rally