Express News | Leedao Autos President: Seize the joint venture rbob gasoline market of 0.15 million yuan to 0.2 million yuan.
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.
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 | NIO Inc. pre-market trading fell more than 3%, and it denied rumors of acquiring the Audi Brussels factory.