China EV Insurance Registrations for Week Ending Oct 6: Nio 4,500, Tesla 1,800, Xiaomi 3,800, BYD 67,600
[Brokerage Focus] CICC Securities: 4Q24 set the tone for September's leading indicator for electric vehicles.
Jingu Financial News | CICC International stated that the leading indicators for electric vehicles in September have shown steady performance. The bank believes that the warming leading indicators, combined with the strong growth in orders during the National Day gold period surveyed by the bank, a series of new energy new models launched in late September, and the doubling of government subsidies, all indicate that electric vehicles are expected to achieve strong sales growth in October and throughout the fourth quarter.
Express News | Minister of Commerce Wang Wentao had a phone call with US Secretary of Commerce Raimondo, with Wang Wentao expressing serious concerns about US semiconductor policies towards China and restrictions on Chinese internet-connected vehicles.
Sudden Impact | Most auto stocks rebound, with hot holiday car sales during the National Day holiday, and several car companies hitting a new historical high in September sales.
Most of the automobile stocks rebounded. As of the time of publication, Xpeng Inc -W(09868) rose by 8.99%, to 49.1 Hong Kong dollars; Nio Inc -SW(09866) rose by 7.2%, to 49.9 Hong Kong dollars; Li Auto Inc -W(02015) rose by 4.20%, to 109.2 Hong Kong dollars; BYD Company (01211) rose by 2.41%, to 298 Hong Kong dollars.
Express News | The auto market is heating up in the 'Golden September and Silver October' sales season with the help of trade-in promotions.
Hong Kong stock concept tracking | The concept of "Golden September and Silver October" is stable! The car market sales volume surged during the National Day holiday, ushering in strong growth momentum before the end of the year (attached with concept sto
This year's National Day holiday saw a surge in car sales, continuing the good momentum from September. The traditional high season in October is stable.
Express News | The EU-China Chamber of Commerce Automotive Working Group preparatory meeting was held in Munich, planning to be officially established before the end of the year.
U.S. stock market closing: nvidia carries the banner of the new high charge, with Chinese concept stocks falling slightly less than Hong Kong stocks.
①Nvidia holds up the banner of the US stock market, with the S&P 500 index only 10 points away from its historical high; ②Nasdaq China Golden Dragon Index fell by 6.85%, with Chinese concept stocks showing a slightly smaller decline than Hong Kong stocks; ③Microsoft and OpenAI show off receiving Nvidia's B200 chip server; ④Research companies predict: Apple may launch a smart ring.
NIO Inc Options Spot-On: On October 8th, 239.03K Contracts Were Traded, With 3.18 Million Open Interest
On October 8th ET, $NIO Inc(NIO.US)$ had active options trading, with a total trading volume of 239.03K options for the day, of which put options accounted for 29.51% of the total transactions, and
10 Consumer Discretionary Stocks With Whale Alerts In Today's Session
Shares of US-listed Chinese Stocks Are Trading Lower After Chinese Planning Officials Reportedly Fell Short of Investor Stimulus Expectations.
US stock outlook | Popular Chinese stocks pulled back sharply before the market, Pinduoduo fell more than 8%; the market refocused on US CPI, Damo: US core CPI is expected to rise moderately in September
Overseas listed china etfs pulled back, 3x long ftse china etf-direxion plunged more than 25% in pre-market trading, 3x short ftse china etf-direxion soared more than 32% in pre-market trading; Piper Sandler bullish on Google, pinterest and other internet plus-related stocks Q3 performance; US earnings season kicks off this week: profit expectations significantly decreased.
Investors Heavily Search NIO Inc. (NIO): Here Is What You Need to Know
Cui Dongshu: The technology improvement of the 7th batch of new energy autos with tax exemption is relatively stable. There are many pure electric passenger vehicles with a range of over 600 kilometers.
In 2024, there are a total of 18,365 electric vehicle tax-exempt models in the catalog. Due to the excessive number of the first batch, there are more electric vehicle models in the catalog compared to the normal levels of the past few years.
Social Buzz: Wallstreetbets Stocks Mostly Higher Premarket Tuesday
Market Chatter: Chinese EV Firms Scramble to Dispose of Stocks As Buyer Subsidies End
Super Micro Computer, GM, Bilibili, Alphabet, PepsiCo, and More Stock Market Movers
Hang Seng Index fell by 2,172 points for the whole day in Hong Kong stocks, with property and brokerage stocks under pressure, trading volume exceeding 620.4 billion yuan, reaching a new high.
Mainland A-shares resumed trading on the first day after the National Day holiday (8th) with all three indices rising by 4.6% to 17.3% throughout the day. The National Development and Reform Commission is accelerating the introduction of various policies to boost the capital markets. After two consecutive trading days of gains in the Hong Kong stock market, the Hang Seng Index (HSI) fell below the 23,000 mark this morning, opening 250 points lower and then intensifying its decline. It once hit a low of 20,762 points, closing the day at 20,926 points, down by 2,172 points or 9.4%. Blue chip stocks all declined; the China Enterprises Index (HSCEI) fell by 847 points or 10.2%, closing at 7,483 points; and the Hang Seng Tech Index closed at 4,695 points, down by 690 points or 12.8%.
Express News | U.S.-Listed Shares of Chinese Firms Fall Premarket as China Stimulus-Driven Rally Loses Momentum
China's Fiscal Package Likely 'On the Way,' HSBC Says