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Montage Technology’s Hong Kong shares surged 17%, creating a 40% premium over its Shanghai stock, overtaking CATL as the most expensive dual-listed company. Strong AI chip demand drove the gap, while peer Gigadevice holds a 35% premium. CATL’s lead n

2026-05-07

Montage Technology’s Hong Kong shares surged 17%, creating a 40% premium over its Shanghai stock, overtaking CATL as the most expensive dual-listed company. Strong AI chip demand drove the gap, while peer Gigadevice holds a 35% premium. CATL’s lead narrowed to 26% after a $5 billion share sale increased supply, down from a March peak of 49% supported by energy storage optimism.

Other News
2026-05-07

1. Cui Dongshu of the China Passenger Car Association (CPCA) suggests the introduction of standards for affordable electric vehicles to meet the needs of China's aging population and rural markets. 2. BYD, the only new energy vehicle company member

1. Cui Dongshu of the China Passenger Car Association (CPCA) suggests the introduction of standards for affordable electric vehicles to meet the needs of China's aging population and rural markets. 2. BYD, the only new energy vehicle company member of the International Automotive Technology and Research Center (IATF), has successfully entered the core circle of global automotive industry rule-making. 3. China Association of Automobile Manufacturers (CAAM): March vehicle imports totaled 28,000 units, a year-on-year decrease of nearly 30%, while imports from January to March reached 97,000 units, an increase of 2.6%. 4. Tesla's repurchase intention remains high, winning the S&P Global Automotive Customer Loyalty Award for the fourth consecutive year. 5. Tesla launches official battery repair certification, providing a solution to the problem of resale value for used electric vehicles. 6. BMW responds to rumors of a large new energy battery order from LG: no comment or speculation, continuing to evaluate its supplier lineup. 7. GAC Group: April automobile production increased by 23.28% year-on-year, and sales increased by 3.88%. 8. SAIC Motor's April sales reached 328,841 units, a year-on-year decrease of 12.66%, with SAIC Volkswagen experiencing a sharp drop of over 50%. 9. Foton Motor: April 2026 sales: 60,373 vehicles, including 10,349 new energy vehicles. 10. Faraday Future: Suspended the original Super One 400V model cooperation project and switched to an 800V architecture. 11. Ford CEO Farley vowed to build cars that Americans can afford: This is the industry's priority.
2026-05-07

Hang Seng Index futures opened 1.11% higher at 26,414 points, a premium of 189 points.

Hang Seng Index futures opened 1.11% higher at 26,414 points, a premium of 189 points.
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