Foreign capital unanimously bullish! Morgan Stanley, Goldman Sachs support the Chinese stock market, hedge fund tycoons shout out: buy all Chinese assets.
①Morgan Stanley believes that, from a technical perspective, the China CSI 300 Index may still have about 10% upside potential in the short term; ②Goldman Sachs said that once the US election is over, the Chinese stock market should be an important part of investors' investment plans; ③Hedge fund legend David Tepper said he didn't expect such a strong policy stance from China, and he will buy all Chinese assets.
Xpeng (09868.HK): The chip team size exceeds 200 people. The 'Turing chip' will soon be applied to its vehicle models.
Internal media quoted xpeng-W (09868.HK) CEO He Xiaopeng as saying at an event that in order to become a global ai car company, xpeng's shanghai R&D center must continue to leverage its talent advantages, globalization, and AI technology. He Xiaopeng revealed that the current size of the xpeng chip team has exceeded 200 people and has already moved into the shanghai R&D center. The Turing chip developed by them will soon be "on board" (meaning it will be applied to its vehicles soon).
Shares of US-listed Chinese Companies Are Trading Higher Possibly Amid Continued Strength Following a Report Suggesting China Will Issue up to $284 Billion of Sovereign Debt as Part of a Stimulus.
U.S. stock market early session | The three major indexes rose together, with the Dow hitting a new high again; Chinese concept stocks continued their strong momentum, with Nio Inc. soaring over 8%, pdd holdings up nearly 6%
On the evening of the 27th Beijing time, the U.S. stock market opened slightly higher on Friday. The PCE inflation data most favored by the Federal Reserve rose by 2.2% year-on-year, lower than expected, indicating easing inflation pressure and a cooling economy. The market expects these data to continue to lead the Fed to cut interest rates in the coming months.
Express News | The nasdaq china golden dragon index expanded to 3%, xpeng, nio inc, trip.com rose by over 5%, pdd holdings, jd.com rose by nearly 4%, alibaba rose by nearly 3%.
Express News | Xpeng Founder: The current low-altitude economy is like new energy vehicles ten years ago, with a bright future ahead.
Express News | Li Auto up 1.3%, JD.com up 3.2%, NIO up 4.5%, Xpeng up 4.2%
Express News | Alibaba up 0.7%, Bilibili up 0.9%, Tencent Music Entertainment up 4.4%
Express News | The three major U.S. stock indexes opened higher collectively, with the Dow rising 0.25%, the Nasdaq rising 0.21%, and the s&p 500 index rising 0.19%. China concept stocks continue to strengthen, with xpeng up more than 5%, nio inc and jd.com up nearly 4%
Xpeng Aeroht Gets 150 New Pre-orders for Its Modular Flying Car
US stock market outlook | As expected! USA's core PCE in August rose by 2.7% year-on-year, short-term pull-up of the three major index futures; Making a fortune! Well-known major short sellers bet on Chinese concept stocks to usher in a glorious moment
Before the market opened on Friday, the three major equity index futures fell slightly, with the market waiting for PCE data; tesla's 0-interest car purchase event was postponed again; jd.com continued to rise by over 2% before the market, Alibaba and jd.com will open up to each other.
What's Going On With Chinese EV Stocks NIO, XPeng, Zeekr On Friday?
Putting half of his wealth into Chinese concept stocks, 'The Big Short prototype' Michael Burry made a profit this time.
As of June 30th, stocks of Alibaba, baidu, and jd.com together account for about 46% of Burry's entire investment portfolio. Billionaire investor David Tepper previously stated that now is the time to 'buy everything', as Chinese stocks still have a lot of upside potential.
Express News | The China Banking and Insurance Regulatory Commission: will study optimizing the range of independent pricing factors for electric vehicle insurance.
Hong Kong stocks are popping champagne! The Hang Seng Tech Index soared more than 20% in a week, while the Hang Seng Index's year-to-date gain has exceeded the S&P. What other opportunities are worth exploring?
Multiple fund companies and fund managers suggest that investors can focus on two main directions in the Hong Kong stock market: on one hand, pay attention to opportunities in interest rate-sensitive industries in the growth track, such as internet, electric vehicles, technology hardware, and biomedical sectors with longer durations; on the other hand, focus on high dividend-paying symbols with more certain shareholder returns.
Express News | Ishares MSCI China ETF up 0.8%, Kraneshares CSI China Internet ETF up 2.8%, ishares China Large-Cap ETF up 1.1%
Express News | NIO up 5.5%, PDD Holdings up 3.8%, Gaotu Techedu up 8.3%, Bilibili up 3.7%
Express News | U.S.-Listed Shares of Chinese Firms Rise Premarket on New China Stimulus
US stocks are on the move | Chinese electric vehicle stocks are rising in pre-market trading, supported by the policy of replacing old with new and driving demand recovery.
Gelonghui on September 27th | Chinese new energy vehicle stocks rose before the market, with Nio up over 5.5%, Xpeng up over 4.8%, Jidexing up over 2.8%, and Li Auto Inc up over 1.5%. On the news front, a report by Lyon pointed out that China's policy support for replacing old cars with new ones is driving the recovery of the automotive industry, especially benefiting electric vehicles, mainly because consumers' preferences are shifting from joint venture brands' internal combustion engine (ICE) models to new energy vehicle models. In addition, various automakers are expected to launch new energy vehicles in the second half of the year. It is expected that the penetration rate of domestically produced new energy vehicles in China will steadily increase. Lyon believes that leading car companies can sustainably benefit.
From January to August, the electric heavy truck market achieved an '8 consecutive growth', with an average monthly growth rate of 222%.
In August 2024, the domestic new energy fund heavy truck market sold a total of 6,303 vehicles, a decrease of 5% from July, while continuing to grow year-on-year, with an increase of 117%.