XPEV241004C8500
- 3.85
- +0.05+1.32%
XPeng Newsroom
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.
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.
10 Consumer Discretionary Stocks Whale Activity In Today's Session
Express News | Ishares MSCI China ETF up 2.2%
Express News | The three major U.S. indexes opened lower collectively, with the Dow Jones falling by 0.09%, the Nasdaq falling by 0.27%, and the S&P 500 Index dropping by 0.24%. China concept stocks continued to surge, with the Nasdaq Golden Dragon Index rising by over
Shorts liquidation! Foreign funds crazily rushing into call options, the slogan of 'bullish on China' echoing on Wall Street.
Last week, everything about the Chinese stock market seemed to have changed. Looking at the international markets, the Wall Street investment banks and hedge fund institutions, who have long been cautious about the Chinese stock market, suddenly turned overwhelmingly bullish on Hong Kong stocks and A-shares, with a collective voice of "long China" echoing through Wall Street.
Shares of US-listed Chinese Companies Are Trading Higher on Continued Strength Amid Stimulus Efforts. September PMI Data Beat Estimates but Factory Activity Fell, Which May Raise Stimulus Hopes.
What's Going On With Alibaba Stock On Monday?
One image to understand | The list of bull and bear stocks in the US stock market in September is out! Chinese concept stocks have surged, nio inc and Xiaopeng soared over 60% this month; this year skyrocketed more than 2 times! Electrical utilities giant
This month, the Federal Reserve significantly lowered interest rates by 50 basis points to start a loose cycle, greatly alleviating the market's concerns about a US stock economic recession. The expectation of a 'soft landing' continues to heat up, with all three major US stock indices recording gains. As of now, the Nasdaq has risen 2.29% this month, the S&P 500 has risen 1.59%, and the Dow has risen 1.8%.
Citi Maintains XPeng(XPEV.US) With Hold Rating, Raises Target Price to $14.6
Chinese Electric Vehicle Stocks Rip Big Gains Again on Stimulus Exuberance
Express News | IQIYI Shares up 12%, Gaotu Techedu up 12.4%, HUYA up 5.9%, TAL Education Group up 10.9%, New Oriental Education & Technology Group up 6.3%
U.S. stock market anomaly | Chinese electric vehicle stocks surged significantly before the market, Cui Dongshu pointed out that mainland autos will not be bottlenecked.
Gelonghui on September 30th | Nio Inc. surged nearly 13%, leading the way, xpeng and li auto inc both surged over 7%. In terms of news, Cui Dongshu stated at the World New Energy Autos Conference that the mainland China's retail sales volume of autos is expected to reach 22.3 million vehicles by 2024, with a 3% annual growth rate. It is projected that mainland China's new energy passenger vehicle retail sales volume will be 10.4 million vehicles, with an annual growth rate of 34%. At the end of last year, the China Association of Automobile Manufacturers estimated the mainland China's passenger vehicle retail sales volume in 2024 to be 22.2 million vehicles. In addition, Cui Dongshu mentioned that mainland China plays an important role in the rapid transformation of global new energy autos and believes that mainland China's autos will not be hindered.
Express News | Baidu Shares up 3.4%, Weibo up 5.5%, Xpeng up 7.6%, NIO Inc up 12.1%, Tencent Music Entertainment up 3.2%
Express News | Alibaba Shares up 5%, Bilibili up 8.5%, Li Auto up 7.8%, JD.com up 7.2%, PDD Holdings up 5%
Express News | U.S.-Listed Shares of Chinese Cos Rise Premarket as Domestic Stocks Extend Rally
Hong Kong stocks surge | Auto stocks collectively rise, Cui Dongshu expects a 34% year-on-year increase in domestic new energy passenger vehicle retail sales, with the continuous effort of the trade-in policy.
Auto stocks collectively rose, as of the time of publication, nio inc-SW (09866) rose by 16.48%, trading at 56.2 Hong Kong dollars; xpeng-W (09868) rose by 13.82%, trading at 33.35 Hong Kong dollars; li auto inc-W (02015) rose by 9.07%, trading at 108.8 Hong Kong dollars; guangzhou automobile group (02238) rose by 5.94%, trading at 3.03 Hong Kong dollars; byd company (01211) rose by 3.77%, trading at 286.2 Hong Kong dollars.
Market Chatter: Number of Chinese-Made EVs Sold in Europe Tumbles 48%
Express News | Hong Kong auto stocks continued to rise in the afternoon, with NIO Inc. up more than 21%, Xpeng, Evergr Vehicle, Leapmotor up more than 12%, and Li Auto Inc. up nearly 10%.
Mainland new energy vehicle sales are expected to increase by over 30% year-on-year, nio inc's stock price soared nearly 20%.
① How to evaluate the impact of European and American sanctions on the new energy vehicle industry? ② What is the reason for the rise in nio inc's stock price?