China Chip Stocks Jump on Hopes for Huawei Tech | The China Show 5/26/2026
Speakers
Michelle Kwok
— Head of Asia Real Estate Research, HSBC
Vincent Chan
— China Strategist, Aletheia Capital
Robert Lee
— Senior Analyst, Bloomberg Intelligence
Anthony Stevens
— Bloomberg Market Producer
Shirley Wong
— Bloomberg Intelligence Thematic Strategist
Summary
The episode covers the rally in Chinese chip stocks driven by Huawei's chip breakthrough, the impact of China's crackdown on cross-border stock trading, and the recovery in Hong Kong and China property sectors. It also discusses the ongoing AI theme, the potential of embodied AI, and the outlook for Xiaomi and Pony AI earnings.
- Chinese chip stocks surge after Huawei announces chip breakthrough using logic folding.
- Hong Kong markets reopen with chip stocks catching up while internet stocks lag.
- China launches crackdown on illegal cross-border stock trading, impacting Futu and Tiger.
- HSBC analyst Michelle Kwok sees recovery in Hong Kong and China property sectors.
- Insider buying in Sino Land signals confidence in property recovery.
- AI theme continues with focus on hardware bottlenecks and embodied AI.
- Xiaomi faces challenges from rising memory costs and EV competition ahead of earnings.
- Pony AI expected to report revenue growth but losses widen.
Trade Ideas
Sino Land insider buying signals recovery.
Sino Land is a Hong Kong property bellwether; onshore sell holders (insiders) have been increasing their holdings, which signals progressive stabilization in the property market and confidence in the recovery. This insider buying is a positive indicator beyond just cheap valuation.
Up Next
This Bloomberg Markets video, published May 26, 2026, features Michelle Kwok discussing Sino Land. 1 trade idea extracted by AI with direction and confidence scoring.
Speakers: Michelle Kwok · Tickers: Sino Land