PRE-MARKET CHINESE STOCKS NEWS: China reportedly accelerates technology insurance development and plans to expand coverage, encouraging insurance funds to support key tech projects

China Everbright Ltd (165 HK) - Co. Chair Yu Fachang stepped down due to change of work arrangement, effective immediately. (Newswires)

Chongqing Changan Automobile Co Ltd (000625 CN) - Co. reported Feb vehicle production fell 34.2% Y/Y to 104.3k, sales fell 5.9% Y/Y to 151.9k, and plans CNY 1.0–2.0bln share buyback. (Newswires)

Guangzhou Automobile Group Co Ltd (601238 CN) - Co. reported Feb 2026 vehicle sales fell 12.43% Y/Y and guides 2025 net loss of CNY 8bln–9bln. (Newswires)

Jiangxi Copper Co Ltd (358 HK) - High Court of Justice of England and Wales sanctioned the scheme of arrangement for the acquisition of SolGold plc (SOLG LN) by Jiangxi Copper (Hong Kong) Investment Company Limited. (Newswires)

MiniMax Holdings Ltd (100 HK) - Co. FY25 adj net loss (USD) 251mln vs loss 244mln Y/Y, rev. rose to 79.0mln vs 30.5mln Y/Y, AI-native products rev. 53.1mln up 143% Y/Y, gross margin 25.4% vs 12.2% Y/Y. (Newswires)

NetEase Inc (9999 HK) - Co. issues notice granting 12 months to convert to dual-listing status. (Newswires)

Shougang Concord Century Holdings Ltd (103 HK) - Co. guides FY net to rise at least 50% Y/Y, citing higher gross profit margin due to lower production costs. (Newswires)

Automakers - Top Chinese officials and industry leaders may discuss capping EV output at the ‘two sessions’. (SCMP)

Tech 

China reportedly accelerates technology insurance development and plans to expand coverage, encouraging insurance funds to support key tech projects. (Newswires)

US mulls capping NVIDIA (NVDA) H200 sales to 75,000 per Chinese buyer, while AMD's (AMD) MI325 chips would also fall under the US AI accelerator cap. (Newswires)