Internet - China: China Internet 1Q26 Chartbook: The Good, The Bad and The ‘Wild Cards’

Research evidence excerpt

Internet - China: China Internet 1Q26 Chartbook: The Good, The Bad and The ‘Wild Cards’

BofA Global Research Reports

Title: Subtitle Primary Author Date Published

Tencent Holdings: AI progress check-up: Agent partnership, WorkBuddy strength, Siri implication Alex Liu 09 June 2026

NetEase, Inc: 1Q26 Review: past the inflection point, multiple catalysts ahead Alex Liu 21 May 2026

Bilibili: 1Q26 Review: intact fundamentals, good entry point post recent weakness Alex Liu 19 May 2026

Tencent Holdings: 1Q26 Review: AI offense + resilient core = underappreciated upside potential Alex Liu 15 May 2026

Meituan: 1Q26 revenue in-line; faster‑than‑expected CLC loss narrowing Joyce Ju 02 June 2026

Vipshop Holdings: 6.18 promotion pulled forward to mid-May; Shanshan Outlet maintains solid growth Joyce Ju 29 May 2026

Pinduoduo Inc.: 1Q26 First Take: earnings miss on weaker OMS and negative investment income Joyce Ju 27 May 2026

Alibaba Group: March-quarter review: AI investments have progressed to commercialization at scale Joyce Ju 15 May 2026

JD.com: 1Q26 review: solid results underpinned by strong JDR performance Joyce Ju 14 May 2026

Kuaishou: Kling AI accelerating Miranda Zhuang, CFA 28 May 2026

Weibo Corporation: Ad recovered in 1Q, but turned weaker in 2Q Miranda Zhuang, CFA 29 May 2026

Alibaba Health: New strategies in full stack drug retail, medical AI; key takes from meeting Miranda Zhuang, CFA 26 May 2026

JD Health: Key takes from investor meetings; market concern may be overdone; reiterate Buy Miranda Zhuang, CFA 21 May 2026

KE Holdings: Beat and raise; transition to efficiency-driven growth, decision-making services Miranda Zhuang, CFA 20 May 2026

Baidu.com: AI becomes the Core; Well positioned to capture the strong AI cloud infra demand Miranda Zhuang, CFA 19 May 2026