Hong Kong and A-shares are in high spirits! How much room is left in the market under the new round of policies?
Interest rate-sensitive growth stocks, export chains driven by usa real estate demand, Hong Kong stocks local dividends and real estate, all show greater resilience in this round of rise.
CMB International: nio inc (09866.HK) receives strategic investment, positive for cash flow and stock price.
Morgan Stanley's report stated that Nio Inc (09866.HK) disclosed receiving a total investment of 3.3 billion RMB from Hefei Jianheng New Energy Automobile Investment Fund, Anhui Province High-tech Industry Investment, and China National Investment & Guaranty Corporation Strategic Investment. At the same time, Nio Inc will invest 10 billion RMB in Nio China. Once completed, Nio's stake in Nio China will decrease from 92.1% to 88.3%. It is worth noting that Nio may also make an additional investment of 20 billion RMB in Nio China before December 25th on the same terms and conditions, potentially increasing Nio's ownership of Nio China to 90.5%.
Nasdaq, S&P, and Dow Tick Lower Ahead of Powell's Address
Express News | US-listed Chinese stocks continued to rise, with the Nasdaq China Golden Dragon Index up nearly 6%.
Cui Dongshu predicts that mainland automobile retail sales will reach 22.3 million vehicles this year, indicating that mainland automobiles will not be 'choked'.
China Passenger Vehicle Market Information Joint Secretary-General Cui Dongshu stated at the 'World New Energy Automobile Conference' that mainland China's retail sales volume of automobiles is expected to reach 22.3 million vehicles in 2024, with a 3% annual growth rate. The retail sales volume of new energy passenger vehicles in mainland China is expected to reach 10.4 million vehicles, with a 34% annual growth rate. At the end of last year, the China Passenger Car Association estimated that the mainland's retail sales volume of passenger vehicles in 2024 would be 22.2 million vehicles. In addition, Cui Dongshu mentioned that China plays an important role in the rapid transformation of global new energy automobiles, believing that China's automotive industry will not be 'neck and neck' as the mainland's supply chain has a strong foundation in consumer electronics.
U.S. stock market anomaly | Electric vehicle stocks rise and fall unevenly, nio inc (NIO.US) rises more than 13%.
The stocks of electric vehicles fluctuate, as of the time of writing, nio inc has risen by more than 13%.