Chinese Concept Stocks | JD.com Acquires Hong Kong Supermarket Chain, Expanding Retail Presence in Greater Bay Area

On August 15, Eastern Time (Friday), the three major U.S. stock indices showed mixed movements. The S&P 500 Index fell by 0.29% to 6449.80 points; the Dow Jones Index rose by 0.08% to 44946.12 points; and the Nasdaq Index fell by 0.40% to 21622.98 points.

On August 15, the Nasdaq Golden Dragon China Index rose by 0.74%.

Among popular Chinese stocks, NIO increased by 7.98%, Bilibili rose by 4.32%, Pinduoduo gained 3.67%, XPeng Motors rose by 1.73%, Baidu increased by 1.26%, JD.com rose by 0.38%, Alibaba fell by 0.85%, TSMC dropped by 0.85%, and NetEase decreased by 0.35%.

In terms of consecutively rising Chinese stocks, Wintergreen rose by 0.20% for 12 consecutive days with a cumulative increase of 0.30% during this period. Future Vision rose by 0.38% for 8 consecutive days with a cumulative increase of 0.38%. NetEase Youdao rose by 2.97% for 6 consecutive days with a cumulative increase of 14.86%. Kaiseng Yuanda rose by 22.68% for 6 consecutive days with a cumulative increase of 61.90%. Austin Technology rose by 0.90% for 6 consecutive days with a cumulative increase of 54.11%.

In terms of consecutively declining Chinese stocks, Yishengxin fell by 1.53% for 9 consecutive days with a cumulative decrease of 38.14%. Next Technology fell by 10.24% for 8 consecutive days with a cumulative decrease of 41.54%. Caixing Technology fell by 30.36% for 8 consecutive days with a cumulative decrease of 85.71%. Oriental Culture fell by 6.21% for 5 consecutive days with a cumulative decrease of 20.80%. Meihua International fell by 1.49% for 5 consecutive days with a cumulative decrease of 7.68%.

JD.com has officially completed the acquisition of Hong Kong Kaibo Food Supermarket. Recently, JD.com officially completed the acquisition of Hong Kong Kaibo Food Supermarket ("Kaibo"). Both parties will use this as an opportunity to deepen cooperation, leveraging JD.com's supply chain advantages to promote the expansion of Kaibo's omni-channel business, further enriching the supply of high-quality goods in Hong Kong's retail market, promoting JD.com's fresh supply chain layout in the Guangdong-Hong Kong-Macao Greater Bay Area, and accelerating the expansion of the local retail market in Hong Kong. Meanwhile, JD Group has officially established the Innovative Retail-Kaibo Business Unit, appointing Hong Kong Kaibo founder Lin Xiaoyi as the head of this unit.

Hesai Technology has obtained a laser radar mass production designation from a Toyota brand. On August 15, Hesai Technology announced it has obtained a mass production designation for laser radar from a joint venture brand under Toyota. Its new energy models will be equipped with Hesai's compact ultra-high-definition long-range laser radar ATX, starting mass production in 2026.

Hesai Technology: Second-quarter revenue of 710 million RMB, net profit turns positive to 44.1 million RMB. LiDAR company Hesai Technology announced its unaudited financial data for the second quarter of 2025. This quarter, Hesai achieved revenue of 710 million RMB, a year-on-year increase of over 50%, with net profit reaching 44.1 million RMB, compared to a loss of 72.1 million RMB in the same period last year. In the second quarter, Hesai's total delivery of LiDAR reached 352,100 units, a year-on-year increase of 306.9%, continuing a high growth trend. Among them, the delivery volume of ADAS products was 303,600 units, a year-on-year increase of 275.8%. The delivery volume of products in the robotics field was 48,531 units, a significant year-on-year increase of 743.6%.

Saudi sovereign wealth fund cleared holdings in Alibaba, Meta, FedEx, etc., in the second quarter. According to the 13F institutional holding documents released on Thursday, the Saudi Public Investment Fund (PIF) cleared its holdings in several U.S.-listed companies in the second quarter, including Alibaba, Meta, FedEx, Shopify, PayPal, and Nu Holdings, holding no shares in these companies. During the second quarter, the U.S. stock market initially fell in April due to tariff policy impacts but later rebounded. Previous documents showed that at the end of the first quarter, PIF held 668,000 Class A shares of Meta, 1.61 million American Depositary Shares (ADS) of Alibaba, and 498,200 ordinary shares of FedEx.

XPeng Motors: Signed an agreement with Volkswagen Group to expand strategic cooperation on electronic and electrical architecture technology. XPeng Motors announced that it has signed an agreement with Volkswagen Group to expand strategic cooperation on electronic and electrical architecture technology. Following the joint development agreement signed by both parties on July 22, 2024, to apply electronic and electrical architecture more broadly, based on their consensus on platformization across platforms and power energy forms in the Volkswagen Group, both parties have signed an expanded strategic cooperation agreement. This expanded collaboration agreement marks that the jointly developed industry-leading electronic and electrical architecture will not only be integrated into Volkswagen's pure electric vehicle platform in the Chinese market but also deployed in Volkswagen's fuel and plug-in hybrid vehicle platforms in the Chinese market, extending the technical strategic cooperation to broader markets.

Hillhouse HHLR second-quarter U.S. stock holdings: Chinese stocks account for over 90%, with Pinduoduo as the largest holding. On August 14, local time, Hillhouse's fund management platform HHLR Advisors, which focuses on secondary market investments, released its 13F filing, showing that at the end of the second quarter, HHLR's holdings had a total market value of $3.105 billion, with Chinese stocks accounting for over 90%. Among HHLR's top ten holdings, Chinese stocks occupied eight positions, with Pinduoduo firmly holding the position as the largest holding, rising by 20% this year. Futu Holdings doubled this year, with a gain of 106%. Other major holdings like BeiGene, NetEase, Alibaba, and Legend Biotech also performed well.

Oaktree Capital built positions in Full Truck Alliance, increased positions in Kanzhun and Beike in the second quarter. According to the 13F filing of Oaktree Capital Management, this hedge fund cleared its positions in six Chinese stocks, including Bilibili, JD.com, and Baidu, in the second quarter, built positions in Full Truck Alliance, and increased positions in Kanzhun and Beike.