Hong Kong stocks closed (10.15) | Hang Seng Index fell by 3.67%, technology, real estate, and consumer stocks plummeted, China Resources Beer (00291) dropped by nearly 13%.
Today, the three major stock indexes in Hong Kong collectively fell sharply, with the Hang Seng Index once dropping by 900 points intraday, falling below the 21,000 mark; the Heng Seng Technology Index performed the worst, with the closing decline expanding by more than 5% at one point.
Express News | Ishares MSCI China ETF Down 2.8%, Kraneshares CSI China ETF Down 4.3%, ishares China Large-Cap ETF Down 3.1%
Express News | Li Auto Down 4.7%, JD.com Down 6.4%, NIO Down 3.8%, Xpeng Down 2.5%
Express News | PDD Holdings Down 4.2%, NetEase Down 3.4%, Baidu Down 3.6%
Express News | Alibaba Down 4.6%, Bilibili Down 6.7%, Tencent Music Entertainment Down 4.8%
Express News | U.S.-Listed Shares of Chinese Firms Fall Premarket Tracking Decline in Domestic Stocks
US stock anomaly | Chinese new energy vehicle stocks continue to fall before the market, major differences still exist between China and Europe in the electric vehicle subsidy case.
Gelonghui, October 15th | li auto inc fell nearly 5% before the market opened, nio inc fell over 3%, xpeng fell over 2%. The spokesperson of the Ministry of Commerce stated on the 12th regarding the EU electric car anti-subsidy case that it is regrettable that the EU has not actively responded to core concerns of the Chinese and European industries. There are still major differences between the two parties, and so far, they have not reached a solution acceptable to both parties through negotiations. (Gelonghui)
Cui Dongshu: New energy market below 0.1 million yuan strengthened in the third quarter, with improvements in the trend of pure electric vehicles at the 0.05 million yuan level.
On October 15th, Cui Dongshu released an analysis of the passenger vehicle price segment market structure.
Express News | Nio Inc's decline expanded to 10%, Xpeng Autos and Li Auto Inc fell more than 7%.
In September, sales increased by 30%, the global electric car market is recovering! China has the most eye-catching performance, with rebounds in the European and American markets.
Global electric vehicle sales in September increased by more than 30% year-on-year, with the Chinese market occupying the majority of the market share, reaching a record-breaking 1.12 million units. The European and American markets are recovering, with European sales increasing by over 4% that month and a significant 24% increase in the United Kingdom. The United States achieved historical new highs in sales and market share in the third quarter.
"Innovation high" is the key phrase for electric vehicle companies in September, who has achieved "self-breakthrough"?
1. In September, the domestic new energy auto market saw strong growth, with sales from multiple auto companies hitting a record high. 2. Nine auto companies saw a significant year-on-year increase, with only GAC Aion continuing to decline. All ten auto companies showed a growth trend on a month-on-month basis.
Xpeng President Says Chinese EV Firm Remains Committed to Europe Despite Pressure From Tariffs
Li Auto Sees Milestone of 1 Millionth Vehicle Roll off Line
According to reports, NIO (02015.HK) has rolled out its first million vehicles, becoming the first new force with a million-scale production.
According to domestic media reports, li auto inc-W (02015.HK)(LI.US) produced the first 1 million complete vehicle "IDEAL L9" at its base in Changzhou, Jiangsu Province yesterday (14th), taking 58 months and becoming the first mainland new force car company to reach a million scale. At the same time, Li's delivery volume last month reached 0.053 million vehicles, surpassing BBA for the first time in the mainland market.
Express News | Ideal one million units of production line, becoming the first new force with a million scale.
China accounts for over half! In September, global electric autos sales increased by 30.5%, setting a new record.
1. In September, global sales of pure electric and plug-in hybrid electric vehicles increased by 30.5% year-on-year, with China's sales hitting another historical high; 2. Data from Rho Motion shows that global electric vehicle sales in September reached a record high of 1.7 million units.
Express News | The Ideal L6 will sprint to 0.03 million units per month after next year's redesign.
Express News | li auto inc is the first new force to produce one million vehicles.
Hong Kong stock abnormal movement | Auto stocks continue to decline, Great Wall Motor (02333) dropped more than 4%, Xpeng Motors-W (09868) dropped more than 3%.
Auto stocks continue to decline, as of the time of publication, Great Wall Motor (02333) fell by 3.41%, closing at 14.72 Hong Kong dollars; xpeng Auto-W (09868) fell by 3.35%, closing at 46.15 Hong Kong dollars.
Express News | New energy vehicles are gaining strong momentum, with industry chain companies increasing production.