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Barclays Maintains XPeng(XPEV.US) With Sell Rating, Cuts Target Price to $7
Taking the lead independently, with foreign investment closely following; range-extended hybrid technology sweeping the global market.
①On November 20 local time, Stellantis Group announced the launch of the STLA Frame vehicle platform. ② Stellantis Group introduced that vehicles equipped with this platform will first be equipped with innovative powertrains, including pure electric and extended-range, and in the future can also be equipped with internal combustion engines, hybrid power, and hydrogen energy power systems.
Express News | Goldman Sachs: Downgraded Xiaopeng Autos ADR rating to neutral, target price 12.50 dollars.
The short sell pressure in the Hong Kong stock market continues to strengthen! The short selling ratio of this company has surged nearly 28%.
① What impact does an increase in the short-selling ratio have on stock prices? ② What benefits does the trade-in policy bring to the autos market?
Da Hua continues to show: Raised Xiaopeng autos' target price to 35 Hong Kong dollars, third-quarter loss less than expected.
On November 21, Geelong Hui | Dahua Jixian published a report stating that Xiaopeng Autos' third-quarter performance exceeded the bank's expectations but fell short of the market's expectations, with a net loss of 1.808 billion yuan, less than expected for the quarter. The areas where it exceeded expectations were in service income and gross margin. Dahua Jixian reduced Xiaopeng's estimated delivery volume for 2024 from 0.2 million units to 0.188 million units, and maintained the estimated delivery volume for 2025 to 2026 at 0.23 million units and 280,000 units, respectively. The bank reduced its net loss forecast for Xiaopeng for 2024 to 2026 by 14%/10%/19% to 6.679 billion / 5.487 billion / 42.2 billion yuan.
Five projects in jiangxi have been approved for filing within one week, and many places are accelerating the implementation of low-altitude economic related projects.
① The projects include the low-altitude economic industry public service center project, the low-altitude tourism project at the Huangling Mountain scenic area in Shangrao, the comprehensive development project for low-altitude transportation around Poyang Lake, the comprehensive application project for low-altitude air traffic in Shangrao's low-altitude economy, and the low-altitude flight operation project in the Huangling Mountain area of Guangxin District in Shangrao. ② Recently, various places across the country have accelerated the implementation of low-altitude economic projects.
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