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Nexteer Automotive Group's Strategic Expansion and Growth in Chinese EV Market Drives Buy Rating
Hong Kong stocks change | NEXTEER (01316) rose nearly 4% as Institutions stated that the company is currently rapidly expanding its market share in the domestic New energy Fund.
NEXTEER (01316) rose nearly 4%, as of the time of writing, it has increased by 3.87%, priced at 3.49 HKD, with a trading volume of 11.1632 million HKD.
DBS maintains a "Buy" rating on NEXTEER (01316), with the Target Price raised to HKD 4.50.
The USA reiterates support for the RBOB Gasoline vehicle industry and supports NEXTEER's strong growth momentum.
Hong Kong stock Concept tracking | NVIDIA + Tesla accelerate their布局 in China, and autonomous driving scenario applications enter a period of deep cultivation and refinement (with related stocks attached).
On December 13, Tesla's China official website launched a brand new vehicle feature - Advanced Smart Summon.
Hong Kong stocks are moving; Tesla Concept stocks are rising, with NEXTEER once increasing by over 9%, and Tesla rising nearly 6% to reach a new high.
Gelonghui, December 12 | Influenced by the overnight surge in Tesla's stock to a new high, NEXTEER once surged over 9%, leading the way, while MINTH GROUP rose over 3%, and GANFENGLITHIUM, FUYAO GLASS, and EVA HOLDINGS also saw increases. In news, Tesla's stock in the US soared nearly 6%, reaching a historic high, making Musk the first person in the Global to exceed a net worth of 400 billion dollars. Tesla China announced sales data on Wednesday (yesterday), showing that sales of Tesla brand electric Autos in the first week of December reached as high as 0.0219 million units in the Chinese market, marking the highest weekly sales since the start of the fourth quarter of 2024. (Gelonghui)
Hong Kong stock market movements | NEXTEER (01316) rose over 8% in early trading as the first mass-produced model with steer-by-wire received approval. The company will benefit from the scale-up of steer-by-wire.
NEXTEER (01316) rose over 8% in early trading, as of this report, it is up 7.08%, priced at 3.63 HKD, with a trading volume of 44.3372 million HKD.