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Express News | China and Europe will hold talks on the EU's tariff on electric cars from China. The Ministry of Foreign Affairs hopes that the European side will show sincerity.
Is NIO Inc. (NIO) the Most Promising EV Battery Stock According to Analysts?
BoA Securities: Bullish on Xiaomi, geely auto, and nio inc among auto stocks, all rated as "buy".
On September 18th, Guolonghui | CITIC International Research Report pointed out that the stock prices of Hong Kong-listed auto stocks as a whole have still lagged behind various fundamental indicators since the beginning of the year, and the difference between the two is mainly due to the market's pessimistic sentiment towards the macro market and the auto industry. The bank mentioned that entering the fourth quarter of this year is also the traditional peak season for autos, and it is expected that the overall industry valuation will rebound significantly under the leadership of contract manufacturers with strong product cycles and historically low valuations. The bank is bullish on Xiaomi, Geely Auto, and Nio Inc. The bank reiterated its "buy" rating on Xiaomi, pointing out that the launch of new products in late October will be the next catalyst, and it is expected that the monthly delivery volume of the SU7 will increase in the fourth quarter.
The U.S. stock market hit a new high again, with Chinese concept stocks and cryptos surging! Waiting quietly for the "crucial moment".
After the overnight Dow Jones Industrial Average and S&P 500 index hit new highs in intraday trading, the Japanese stocks also opened strongly.
Futu Morning News | Rate cut countdown! US stocks continue to break records; Bank of America: Long the seven giants of US stocks is still the most crowded trade.
"New美联储通讯社": The situation is complex, and there are still doubts about the magnitude of the Fed's first rate cut; if the Fed's first cut is done "properly", the record-breaking betting on a significant rate cut may face huge risks; Apple's iPhone 16 series pre-order sales in the first weekend fell short of expectations, analysts: the long-term outlook remains optimistic.
US stocks closed | S&P and Dow set new intraday highs, Chinese concept stocks performed well, li auto inc rose more than 12%.
In the late trading session, the US stock market saw a significant decline, but the S&P 500 index rose for the seventh consecutive day, and the Nasdaq and semiconductor index erased gains of more than 1%, with Intel rising 8% and closing up 2.7%, while Nvidia declined 1%. The Chinese concept index rose nearly 2%, and Li Auto Inc. rose more than 12%.