Express News | Leedao Autos President: Seize the joint venture rbob gasoline market of 0.15 million yuan to 0.2 million yuan.
Jin Medical International, Nio And Other Big Stocks Moving Lower In Monday's Pre-Market Session
US stock market outlook | The three major futures are all up, with technology giants slightly rising pre-market, Intel up nearly 5%; Goldman Sachs bullish on s&p 500 reaching 6000 points! Expects a rebound after short-term volatility.
Fed senior official Kashkari: Expected to further cut interest rates by 50 basis points within the year; Bank of America warns: Bubble risks resurfacing, recommends buying bonds and gold; Is Harris coming from behind? Poll support rate continues to climb, already leading Trump in all aspects.
Express News | Moody's rating: Chinese electric auto manufacturers will further expand into emerging markets
Bocom Intl: Maintaining a 'buy' rating on Nio Inc, the delivery of the Joy L60, quarterly sales growth, and improvement in autos gross margin will support the stock price rebound.
Bocom Intl has released a research report stating that Nio Inc's LeSee Road L60 has officially launched with two new models, priced at 0.2069 million and 23.59 RMB respectively. The bank points out that the pricing of L60 is 0.043 million lower than its main competitor Model Y, with the price difference further widened if the BaaS solution is adopted. The bank also indicates that the experience of the physical car's interior space, equipment, and asia vets cockpit is significantly better than the Model Y. According to the latest pricing, it is believed that the stable monthly sales volume of L60 is expected to reach a level between 0.01 million and 0.013 million units. The bank believes that the turning point has arrived and maintains a 'buy' rating on the company.
Market Chatter: Nio to Start Deliveries of Full-Electric SUV Before September-End
China Automobile Dealers Association: The "price war" in the first eight months resulted in an overall retail loss of 138 billion RMB in the new car market.
The China Automobile Dealers Association announced that it has recently received a large number of member companies reflecting the drastic changes in the automobile market caused by ongoing 'price wars' and other factors, leading automobile retailers to be deeply mired and facing the urgent issue of extremely tight liquidity. The association recently submitted an 'Emergency Report on the Current Financial Difficulties and Shutdown Risks Faced by Automobile Dealers' to relevant government departments, analyzing the issue of the sharp increase in shutdown risks due to the universally tight funding chain faced by current automobile retailers and making relevant policy recommendations. The 'report' points out that current automobile dealers are experiencing widespread losses in new car sales and are generally facing financial strains leading to a sharp increase in shutdown risks.
Express News | China Automobile Dealers Association: From January to August, the 'price war' has already resulted in a total retail loss of 138 billion yuan in the new car market.
Express News | "Price wars" have triggered a problem of dealers' financial chain breakdown, and the China Automobile Dealers Association has submitted an urgent report to the government departments.
Express News | NIO Inc. pre-market trading fell more than 3%, and it denied rumors of acquiring the Audi Brussels factory.
Cui Dongshu: In August, China's automobile exports reached 610,000 units, a year-on-year growth rate of 39%, mainly due to the enhancement of international market competitiveness.
Cui Dongshu from the China Association of Automobile Manufacturers stated in an article that in August 2024, China's automobile exports reached 610,000 units, with a year-on-year growth rate of 39% in August 2023, and a month-on-month increase of 10%, showing a very positive trend in the same period.
Express News | When will the LeDao L60 be delivered? LeDao Auto responded.
Express News | Lei Dao Autos: By the end of this year, Lei Dao will be able to share more than 1,000 charging stations with NIO Inc.
Bank of China International in 'Big Bank': NIO Inc (NIO.US) launches the L60, which is competitive in terms of product strength and pricing.
Bank of China International released a report stating that NIO.US officially launched the L60, the first model of the mass-market sub-brand LeDow under NIO. The bank believes that compared to direct competitor model Y, the L60 is competitive in terms of product strength and pricing. At the same time, with NIO's unique BaaS battery leasing model, the bank believes that the LeDow L60 will target users in the range of 150,000 to 200,000 and will compete with other popular new energy vehicles such as the BYD Song Plus, as well as traditional fuel vehicles such as the Toyota RAV4, Honda CRV, and Volkswagen Tiguan at the same price. The report indicates
Institutions: After the Fed interest rate cut, how much room does the Hong Kong stock rebound have?
Due to its greater sensitivity to external liquidity and the linked exchange rate system, Hong Kong has greater short-term flexibility, following interest rate cuts and other factors.
Cui Dongshu: The inventory of passenger vehicles in the national market decreased monthly at the end of August.
Cui Dongshu, Secretary-General of the China Passenger Vehicle Market Information Joint Conference, said in a post that in response to the sluggish market, manufacturers have significantly reduced production this year.
Tesla A Tale Of 2 Regions, Rivian Unleashes More Powerful R1 Variants, Nio Aims Sales Surge With Low-End Model And More: Biggest EV Stories Of The Week
U.S. stock market closing | The 'Triple Witching Day' saw violent fluctuations in the final trading hour, with the Dow hitting a new all-time high; Intel surged in the final hour, gold reached a new high, and the offshore RMB rose by 300 points.
The Dow Jones hit a new high, while small-cap index fell more than 1% after seven consecutive gains, and the S&P briefly stopped falling in late trading. The Dow rose 1.6% for the week, the Nasdaq rose 1.5%, and energy stocks drove the S&P up 1.4%, the fifth consecutive weekly gain in six weeks, with small-cap stocks rising more than 2% and China concept stocks rising nearly 4% for the week.
NIO Inc Options Spot-On: On September 20th, 223.42K Contracts Were Traded, With 2.83 Million Open Interest
On September 20th ET, $NIO Inc(NIO.US)$ had active options trading, with a total trading volume of 223.42K options for the day, of which put options accounted for 20.81% of the total transactions,
J.P. Morgan Maintains NIO Inc(NIO.US) With Buy Rating, Maintains Target Price $8
J.P. Morgan analyst Nick Lai maintains $NIO Inc(NIO.US)$ with a buy rating, and maintains the target price at $8.According to TipRanks data, the analyst has a success rate of 42.6% and a total