CH FIN LEASING Allocates Funds to BABA-W & DL HOLDINGS GP While Exploring AI and Web3.0 Investment Prospects
Investment Focus: CH FIN LEASING is actively pursuing investments in AI and Web 3.0 sectors, having invested in BABA-W and various technology-related ETFs to diversify its asset portfolio.
Leadership Change: Mike Cai, the founder of MEITU, became the head of CH FIN LEASING in October 2025, with plans to use the company as an asset management platform for technology incubation and increased investments in digital assets.
Trade with 70% Backtested Accuracy
Analyst Views on 01357
About the author
HSI Drops 109 Points at Midday as Software and Tech Stocks Weaken; Kingdee Falls Over 14%
Market Reaction to AI Threat: The software industry faced pressure from AI models by Alphabet and Anthropic, leading to declines in US software stocks and a drop in the Hong Kong bourse, with the HSI down 0.4% in the morning session.
Significant Stock Declines: Major tech companies like Tencent, Bilibili, and Meitu experienced substantial losses, with short selling ratios indicating increased market skepticism.
Broader Tech Sector Impact: Other tech stocks, including Alibaba and JD.com, also saw declines, while semiconductor stocks like SMIC and Hua Hong Semi faced significant drops, reflecting a broader downturn in the tech sector.
Resource Stocks Performance: Gold and silver prices rebounded, and oil stocks gained due to rising refined oil prices in mainland China and geopolitical events, with companies like Sinopec and PetroChina seeing modest increases.
Midday Update: HSI Ends at 26,724, Down 109 Points; HSTI at 5,347, Down 119 Points; TENCENT Falls Over 3%; XINYI GLASS, TECHTRONIC IND, WHARF REIC, YANKUANG ENERGY, and CHINA EAST AIR Reach New Highs
Market Performance: The HSI dropped 109 points (0.4%) to 26,724, while the HSTI fell 119 points (2.2%) to 5,347, and the HSCEI decreased by 48 points (0.5%) to 9,004.
Active Heavyweights: Major stocks like TENCENT, XIAOMI, and MEITUAN saw declines, with TENCENT down 3.4% and XIAOMI down 2.6%, while BABA fell 0.9%.
Notable Movers: XINYI GLASS and CHINA SHENHUA experienced significant gains, with XINYI GLASS up 6.2% and CHINA SHENHUA up 5.4%, while TRIP.COM-S dropped 6.1%.
Short Selling Trends: High short selling ratios were observed in several stocks, including XIAOMI (20.155%) and MEITUAN (17.261%), indicating increased bearish sentiment among investors.
SaaS and Software Stocks Decline Overall, KINGDEE INT'L Drops 14% Following Anthropic's Release of Corporate Legal AI Tool
AI Tool Launch: Anthropic introduced a new tool for corporate in-house counsel that automates legal tasks like contract review and NDA classification, impacting the SaaS and software sectors.
Stock Market Performance: Several Hong Kong stocks experienced significant declines, with KINGDEE INT'L dropping 14.5% and MEITU falling nearly 10%.
Short Selling Activity: High short selling ratios were noted across various companies, including MEITU and CHINASOFT INT'L, indicating bearish market sentiment.
AI IPOs Decline: Newly listed AI companies like MINIMAX-WP and KNOWLEDGE ATLAS also saw their stock prices decrease, reflecting a broader trend in the market.
HSI Ends 76 Points Lower; TRIP.COM-S Plummets 19%; HUA HONG SEMI Rises 6%
Market Performance: The HSI closed down 76 points (0.3%) at 26,923, with significant declines in the HSCEI and HSTECH, while total market turnover reached HKD290.455 billion.
Stock Movements: Notable declines were seen in BABA-W (-2.6%), ALI HEALTH (-7.8%), and TRIP.COM-S (-19.2%), while BIDU-SW rose 0.8% amid rumors of a primary listing upgrade.
Chip Sector Recovery: Chip stocks rebounded following TSMC's strong quarterly results and an increase in the People's Bank of China's re-lending quota, with SMIC and HUA HONG SEMI gaining 1.8% and 6.3%, respectively.
AI and Tech Stocks: AI-related stocks experienced mixed results, with XTALPI dropping 10.7% and KNOWLEDGE ATLAS surging 11.6%, reflecting volatility in the tech sector.
HSI Closes with a 151-Point Gain; BABA-W Surges Over 5%; TRIP.COM-S Declines Over 6%
Trade Performance: Mainland China's exports rose 6.6% YoY and imports increased 5.7% in December, exceeding forecasts, while Hong Kong's stock market saw gains led by Alibaba's strong performance.
Stock Market Movements: The Hang Seng Index (HSI) opened higher, fluctuated throughout the day, and closed up 151 points at 26,999, with notable increases in technology stocks like Alibaba and Kuaishou.
Company Highlights: Alibaba's Qianwen surpassed 100 million monthly active users, while Kuaishou reported significant revenue growth. Other companies like Q TECH and ALI HEALTH also saw substantial stock price increases.
Market Challenges: Despite some gains, other tech stocks like Meituan and JD experienced declines, and travel platform Trip.com faced a significant drop due to an investigation by regulatory authorities.
HSI Rises 244 Points at Noon; BABA-W and KUAISHOU-W Jump Over 5%; ALI HEALTH Soars 16%
Market Performance: The HSI rose 244 points (0.9%) to 27,092, with significant gains in tech stocks like HSTECH, which increased by 1.5% to 5,959, and a total market turnover of HKD162.674 billion at midday.
Notable Stock Movements: BABA-W surged 5.3% to HKD168.3, while ALI HEALTH skyrocketed 16% after launching a new drug. KUAISHOU-W and Q TECH also saw substantial increases of 5.5% and 13.5%, respectively.
Short Selling Trends: High short selling ratios were observed in several stocks, including ALI HEALTH (22.5%) and MEITUAN-W (22.0%), indicating significant market speculation.
Economic Indicators: China's PPI YoY for December improved to -1.9%, and the inflation rate for the same month was reported at 0.2%, both figures showing slight positive trends compared to previous values.
HSI Drops 109 Points at Midday as Software and Tech Stocks Weaken; Kingdee Falls Over 14%
Market Reaction to AI Threat: The software industry faced pressure from AI models by Alphabet and Anthropic, leading to declines in US software stocks and a drop in the Hong Kong bourse, with the HSI down 0.4% in the morning session.
Significant Stock Declines: Major tech companies like Tencent, Bilibili, and Meitu experienced substantial losses, with short selling ratios indicating increased market skepticism.
Broader Tech Sector Impact: Other tech stocks, including Alibaba and JD.com, also saw declines, while semiconductor stocks like SMIC and Hua Hong Semi faced significant drops, reflecting a broader downturn in the tech sector.
Resource Stocks Performance: Gold and silver prices rebounded, and oil stocks gained due to rising refined oil prices in mainland China and geopolitical events, with companies like Sinopec and PetroChina seeing modest increases.
Midday Update: HSI Ends at 26,724, Down 109 Points; HSTI at 5,347, Down 119 Points; TENCENT Falls Over 3%; XINYI GLASS, TECHTRONIC IND, WHARF REIC, YANKUANG ENERGY, and CHINA EAST AIR Reach New Highs
Market Performance: The HSI dropped 109 points (0.4%) to 26,724, while the HSTI fell 119 points (2.2%) to 5,347, and the HSCEI decreased by 48 points (0.5%) to 9,004.
Active Heavyweights: Major stocks like TENCENT, XIAOMI, and MEITUAN saw declines, with TENCENT down 3.4% and XIAOMI down 2.6%, while BABA fell 0.9%.
Notable Movers: XINYI GLASS and CHINA SHENHUA experienced significant gains, with XINYI GLASS up 6.2% and CHINA SHENHUA up 5.4%, while TRIP.COM-S dropped 6.1%.
Short Selling Trends: High short selling ratios were observed in several stocks, including XIAOMI (20.155%) and MEITUAN (17.261%), indicating increased bearish sentiment among investors.
SaaS and Software Stocks Decline Overall, KINGDEE INT'L Drops 14% Following Anthropic's Release of Corporate Legal AI Tool
AI Tool Launch: Anthropic introduced a new tool for corporate in-house counsel that automates legal tasks like contract review and NDA classification, impacting the SaaS and software sectors.
Stock Market Performance: Several Hong Kong stocks experienced significant declines, with KINGDEE INT'L dropping 14.5% and MEITU falling nearly 10%.
Short Selling Activity: High short selling ratios were noted across various companies, including MEITU and CHINASOFT INT'L, indicating bearish market sentiment.
AI IPOs Decline: Newly listed AI companies like MINIMAX-WP and KNOWLEDGE ATLAS also saw their stock prices decrease, reflecting a broader trend in the market.
HSI Ends 76 Points Lower; TRIP.COM-S Plummets 19%; HUA HONG SEMI Rises 6%
Market Performance: The HSI closed down 76 points (0.3%) at 26,923, with significant declines in the HSCEI and HSTECH, while total market turnover reached HKD290.455 billion.
Stock Movements: Notable declines were seen in BABA-W (-2.6%), ALI HEALTH (-7.8%), and TRIP.COM-S (-19.2%), while BIDU-SW rose 0.8% amid rumors of a primary listing upgrade.
Chip Sector Recovery: Chip stocks rebounded following TSMC's strong quarterly results and an increase in the People's Bank of China's re-lending quota, with SMIC and HUA HONG SEMI gaining 1.8% and 6.3%, respectively.
AI and Tech Stocks: AI-related stocks experienced mixed results, with XTALPI dropping 10.7% and KNOWLEDGE ATLAS surging 11.6%, reflecting volatility in the tech sector.
HSI Closes with a 151-Point Gain; BABA-W Surges Over 5%; TRIP.COM-S Declines Over 6%
Trade Performance: Mainland China's exports rose 6.6% YoY and imports increased 5.7% in December, exceeding forecasts, while Hong Kong's stock market saw gains led by Alibaba's strong performance.
Stock Market Movements: The Hang Seng Index (HSI) opened higher, fluctuated throughout the day, and closed up 151 points at 26,999, with notable increases in technology stocks like Alibaba and Kuaishou.
Company Highlights: Alibaba's Qianwen surpassed 100 million monthly active users, while Kuaishou reported significant revenue growth. Other companies like Q TECH and ALI HEALTH also saw substantial stock price increases.
Market Challenges: Despite some gains, other tech stocks like Meituan and JD experienced declines, and travel platform Trip.com faced a significant drop due to an investigation by regulatory authorities.
HSI Rises 244 Points at Noon; BABA-W and KUAISHOU-W Jump Over 5%; ALI HEALTH Soars 16%
Market Performance: The HSI rose 244 points (0.9%) to 27,092, with significant gains in tech stocks like HSTECH, which increased by 1.5% to 5,959, and a total market turnover of HKD162.674 billion at midday.
Notable Stock Movements: BABA-W surged 5.3% to HKD168.3, while ALI HEALTH skyrocketed 16% after launching a new drug. KUAISHOU-W and Q TECH also saw substantial increases of 5.5% and 13.5%, respectively.
Short Selling Trends: High short selling ratios were observed in several stocks, including ALI HEALTH (22.5%) and MEITUAN-W (22.0%), indicating significant market speculation.
Economic Indicators: China's PPI YoY for December improved to -1.9%, and the inflation rate for the same month was reported at 0.2%, both figures showing slight positive trends compared to previous values.
