China/Asia TMT

Shawn Yang

China growth and global non-US Internet equities

Blue Lotus Research Institute

Blue Lotus Research is a Hong Kong Type 4 Licensed investment advisory firm focusing on Chinese growth equities and global non-US Internet equities

Thematic (Sector/Industry)

<ul>
<li>1810.HK: India Enforcement Directorate issues Xiaomi show cause notice (-)</li>
<li>700HK: Tencent launched "White Night Aurora" on June 13th (+)</li>
<li>LI: Li Auto 's weekly delivery reaches 8.4k units (+)</li>
</ul>


1810.HK: India Enforcement Directorate issues Xiaomi show cause notice (-)
700HK: Tencent launched "White Night Aurora" on June 13th (+)
LI: Li Auto 's weekly delivery reaches 8.4k units (+)


China TMT Update June 15 - 1810.HK/700HK/LI: India Issues Xiaomi Show Cause Notice

<ul>
<li>Tencent/700.HK: new promotional video for "HoK(Honour ok Kings) World" is released</li>
<li>Douyin/Meituan/3690.HK: Last week, the "Douyin Sales Assistant" app was launched</li>
<li>XPEV/1211HK/TSLA/LI/NIO: China to extend purchase tax exemption for NEVs (+/+/+/+/+)</li>
</ul>


Tencent/700.HK: new promotional video for "HoK(Honour ok Kings) World" is released
Douyin/Meituan/3690.HK: Last week, the "Douyin Sales Assistant" app was launched
XPEV/1211HK/TSLA/LI/NIO: China to extend purchase tax exemption for NEVs (+/+/+/+/+)


700.HK/Douyin/3690.HK/XPEV/1211HK/TSLA/LI/NIO: China to Extend Purchase Tax Exemption for NEVs

<ul>
<li>LI/NIO/XPEV: Li Auto, NIO and Xpeng announced May vehicle delivery results (+/-/)</li>
<li>XPEV: Xpeng to begin presale for G6 on June 9 (+)</li>
<li>KE Holding: Monthly housing transactions remain resilient in May (+)</li>
</ul>


LI/NIO/XPEV: Li Auto, NIO and Xpeng announced May vehicle delivery results (+/-/)
XPEV: Xpeng to begin presale for G6 on June 9 (+)
KE Holding: Monthly housing transactions remain resilient in May (+)


China TMT Update June 3 - KE/LI/NIO/XPEV: Xpeng to Begin Presale for G6 on June 9(+)

External broker reports(aggregated public sources), CMB International

CMB International

External broker reports(aggregated public sources)

Incorporated in Hong Kong, supported by the mainland and targeting in global market, CMB International Capital Corporation Limited (“CMBI”) is an integrated financial institution providing comprehensive and professional services. As a wholly-owned subsidiary of China Merchants Bank ("CMB"), by leveraging on the Group’s synergy and coordination in domestic and overseas markets, as well as CMB’s strong resources and outstanding social reputation, CMBI and its subsidiaries have been actively implementing diversified business strategies and set up an overall layout of main business segments including Corporate Finance, Asset Management, Wealth Management, Global Markets and Structured Finance, etc. Adhering to the philosophy of “being clients oriented and increasing our own values by the way of creating value for clients”, CMBI endeavors to provide quality and integrated financial services to institutional, corporate and individual customers both domestic and overseas including Hong Kong IPO sponsorship and underwriting, share placement and rights issue for listed companies, financial advisors, bonds issuance services, asset management, direct investment, wealth management, equity sales and trading, etc.

<ul><li>Nine new-energy vehicle (NEV) brands including BYD, NIO, Xpeng, Li Auto, Zeekr, Aion, Aito, Neta and Leap reported their May 2023 sales volumes on 1 Jun 2023.</li><li>Sales volume of the nine brands combined rose 88% YoY (ranged from -26% to +146%) and 13% MoM (ranged from -8% to 38%) in May 2023.</li><li>Li Auto’s May sales more than doubled NIO and Xpeng combined.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Nine new-energy vehicle (NEV) brands including BYD, NIO, Xpeng, Li Auto, Zeekr, Aion, Aito, Neta and Leap reported their May 2023 sales volumes on 1 Jun 2023.Sales volume of the nine brands combined rose 88% YoY (ranged from -26% to +146%) and 13% MoM (ranged from -8% to 38%) in May 2023.Li Auto’s May sales more than doubled NIO and Xpeng combined.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

China Auto Sector – May NEV likely to hit second highest in history

<ul>
<li>700.HK:  Supercell’s new game Floodrush receives unenthusiastic reception ( - )</li>
<li>3690.HK / TCOM: Douyin launches new hotel booking feature (-/-)</li>
<li>LI: Li Auto's daily order volume exceeds 1k for three consecutive weeks (+)</li>
</ul>


700.HK:  Supercell’s new game Floodrush receives unenthusiastic reception ( - )
3690.HK / TCOM: Douyin launches new hotel booking feature (-/-)
LI: Li Auto's daily order volume exceeds 1k for three consecutive weeks (+)


China TMT Update Jun 1 - 700.HK/Douyin/3690.HK/TCOM/Li- Supercell’s New Game Receives Unenthusiastic

China

Li Auto Inc. manufactures automobiles. The Company designs, develops, and sells smart new energy electric sport utility vehicles. Li Auto conducts businesses in China.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Li Auto (LI US)

China TMT Update June 15 - 1810.HK/700HK/LI: India Issues Xiaomi Show Cause Notice

1810.HK: India Enforcement Directorate issues Xiaomi show cause notice (-)；700HK: Tencent launched "White Night Aurora" on June 13th (+)LI: Li Auto...

Blue Lotus Research Institute

700.HK/Douyin/3690.HK/XPEV/1211HK/TSLA/LI/NIO: China to Extend Purchase Tax Exemption for NEVs

Tencent/700.HK: new promotional video for "HoK World" is released/ 3690HK: the "Douyin Sales Assistant" app was launched (-)/XPEV/1211HK/TSLA/LI...

Blue Lotus Research Institute

China TMT Update June 3 - KE/LI/NIO/XPEV: Xpeng to Begin Presale for G6 on June 9(+)

KE Holding: Monthly housing transactions remain resilient in May (+)；LI/NIO/XPEV: Li Auto, NIO and Xpeng announced May vehicle delivery results (+/...

Blue Lotus Research Institute

China Auto Sector – May NEV likely to hit second highest in history

Nine new-energy vehicle (NEV) brands including BYD, NIO, Xpeng, Li Auto, Zeekr, Aion, Aito, Neta and Leap reported their May 2023 sales volumes on...

CMB International

China TMT Update Jun 1 - 700.HK/Douyin/3690.HK/TCOM/Li- Supercell’s New Game Receives Unenthusiastic

700.HK: Supercell’s new game receives unenthusiastic reception (-) 3690.HK/TCOM: Douyin launches new hotel booking feature; LI: Li Auto's daily...

Blue Lotus Research Institute

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)