Bilibili (BILI) 2026 stock analysis: China's Gen Z video, gaming, and community platform, its ad + mobile-games + value-added-services revenue mix, the turn to profitability, high MAU and engagement, and game-license, consumption, and ADR risks.
Tencent Music Entertainment (TME) 2026 stock analysis: QQ Music, Kugou and Kuwo paying subscribers and ARPPU, online music margin expansion, the Tencent ecosystem moat, buybacks and dividends, plus social-entertainment decline, China regulation, NetEase competition, and China ADR risk.
JD.com (JD) 2026 outlook: the 1P direct-sales model and JD Logistics moat, China consumer weakness and stimulus swing factors, Alibaba and PDD (Pinduoduo) price wars, buybacks and dividend, plus ADR delisting and geopolitical risk framed for international investors.
EHang's EH216-S holds the world's first CAAC type certificate for an unmanned passenger autonomous aerial vehicle. Commercial flights run in China, Thailand, and Qatar. But China ADR structure, cash burn, and FAA uncertainty remain hard risks to price.