China Internet Stocks Heat Up. 3 Lesser-Known Names With Bullish Charts

A KraneShares Global Humanoid and Embodied Intelligence Index ETF branded robot in front of the New York Stock Exchange. (Michael Nagle/Bloomberg)

Key Points

• The KraneShares CSI China Internet ETF continues to outperform its U.S. counterpart and is poised for a potential retest of its bull flag breakout.
• Bilibili shares are approaching the $30 level, with a breakout potentially leading to $52 by late 2026.
• Kanzhun is up 74% in 2025. The next move could spark another 20% rally.

In the race between Chinese and U.S. internet stocks, the momentum currently leans toward the former.

As the comparison chart below illustrates, the KraneShares CSI China Internet ETF continues to outperform its U.S. counterpart, the First Trust Dow Jones Internet ETF . This despite the U.S. ETF being anchored to highfliers like Meta Platforms, Amazon.com, Alphabet, and Netflix. Technically, China looks more constructive, setting up for a potential retest of its bull flag breakout near the $41 level, which would also fill the gap from the Sept. 26 session. Tuesday’s bearish engulfing candle may accelerate that move, but any weakness should be viewed as a tactical buying opportunity. Let’s examine a few Chinese internet stocks that could forge ahead into year end.

The KraneShares CSI China Internet ETF traded at $42.11 Wednesday.

Chinese internet stocks have dominated U.S. players.

Bilibili, the Chinese online entertainment platform, is enjoying a breakout year in 2025 with shares up more than 50%. On the weekly chart, the stock is once again approaching the key $30 round number, an area it has tested three times since mid-2022, but failed to broach. This prolonged battle has formed a bullish ascending triangle, often a precursor to powerful upside moves. A decisive breakout above $30 would complete the pattern and suggest a measured move toward $52, potentially by late 2026.

For now, the focus is on whether Bilibili can hold near this resistance zone, rather than fading as it did in early 2023 and late 2024. If momentum builds into next year, it’s worth noting that a longer-term cup base is also taking shape, further reinforcing the technical setup.

Bilibili was trading at $28.37 Wednesday.

Bilibili is showing strong potential if the stock moves above a triangle pattern.

Full Truck Alliance, a digital freight platform, continues its steady climb, higher by 24% year to date and offering a 1.1% dividend yield. I wrote about this recently and the stock continues to grind higher. Since last summer, its price has doubled, driven in part by the breakout from a long ascending triangle that developed between early 2023 and late 2024 at the very round $10 number. That breakout, which occurred in December, was successfully retested in April. Investors can view this as a strong show of technical validation. The stock has since formed a bull flag, and a push above the $14 level would signal renewed momentum, potentially targeting $18 by year-end. Enter here and use a stop below $12.

Full Truck Alliance was trading at $13.24 Wednesday.

Full Truck Alliance’s weekly chart bodes well for push higher into year end.

Kanzhun, an online recruiter, is having a standout 2025, up 74% and offering a 0.7% dividend yield. Now just 5% off its 52-week highs, the stock exemplifies how strong names often present add-on buy points during sustained uptrends. It cleared a cup-with-handl e breakout at $20.33 on Aug. 7, advancing over 2% on double its average daily volume—a classic show of strength. That breakout also marked the beginning of a bull flag and a move above $24.50 would confirm the next leg higher, potentially targeting the round $30 level by year-end. Traders should remain constructive above $22.

Kanzhun was trading at $24.24 Wednesday.

Kanzhun is showing nice action post breakout above cup with handle pattern.

Write to Doug Busch at douglas.busch@barrons.com