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Shares of Chinese Stocks Are Trading Higher. China's Central Bank Reportedly Indicated It Would Take Measures to Support Economic Growth.
Express News | Chinese concept stocks are rising in Pre-Market Trading, with Xiaopeng Autos up over 10%, Bilibili and Li Auto rising nearly 5%, JD.com rising 4.4%, and PDD Holdings, Baidu, and Alibaba rising over 2%.
Hong Kong Market Quick Look | Hong Kong stocks were strong all day! The Hang Seng Index firmly held above the 19,000 mark, with the Tech Index rising over 3%; Tencent Related stocks surged, with Weimeng up over 26% and Youzan up over 8%.
Network Technology stocks rose, with JD-SW increasing by 5.35% and MEITUAN-W rising by 5.02%; CECEP Solar Energy stocks climbed higher, with FLAT GLASS up by 5.57% and FUYAO GLASS up by 5.06%; Autos stocks advanced, with LEAPMOTOR increasing by 13.00% and XPENG-W rising by 8.47%;
New energy autos have generally risen, LEAPMOTOR (09863) increased by 16.5%, and China accounted for 64% of global electric vehicle sales last year.
Jingwu Financial News | New energy Autos generally rose, LEAPMOTOR (09863) increased by 16.5%, Xpeng Motors (09868) rose by 6.22%, BYD Company Limited (01211) rose by 3.77%, Guangzhou Automobile Group (02238) rose by 3.69%, Geely Automobile (00175) rose by 3.24%, Li Auto (02015) rose by 3.22%.
Hong Kong Stock Market Midday Review | The Hong Kong Stock Market is aggressively rising! The Hang Seng Index has returned to the 19,000 mark, and the Technology Index has increased by more than 2%; Network Technology stocks are rebounding strongly, with
Network Technology stocks are rising, with MEITUAN-W up 4.44% and KUAISHOU-W up 4.12%; Biotechnology stocks are also climbing, with BEIGENE up 8.82% and Junshi Biosciences up 6.46%; Autos stocks are all up, with LEAPMOTOR up 15.00% and YADEA up 5.60%;
Express News | Ideal Autos: A total of 8 Ideal supercharging stations were put into Operation from January 6 to 12.