Express News | Xpeng Motors (09868.HK): Xpeng P7+ went offline after 20 days with 0.01 million units, the fastest among new forces, setting a new record.
[Brokerage Focus] Haitong Securities maintains a "outperform the market" rating for Xiaopeng Autos (09868), indicating that the growth of the large product cycle is in a positive cycle.
Kingwo Financial News | Haitong Sec released a research report indicating that XPeng Motors (09868) achieved revenue of 10.1 billion yuan in Q3 2024, a year-on-year increase of 18% and a quarter-on-quarter increase of 25%. The net loss was 1.81 billion yuan, with losses of 3.89 billion yuan in Q3 2023 and 1.28 billion yuan in Q2 2024. The bank stated that the company's gross margin for Q3 2024 was 15.3%, an increase of 18.0 percentage points year-on-year and an increase of 1.3 percentage points quarter-on-quarter; in which, the gross margin for autos was 8.6%, an increase of 14.7 percentage points year-on-year and an increase of 2.2 percentage points quarter-on-quarter; the profit margin for services and other was 60.1%. According to the company for 2024
Xpeng Sees 10,000th P7+ Roll off Line, 20 Days After Launch
Xiaopeng (09868.HK) P7+ went online on the 20th with a shutdown of 0.01 million units, setting another record. It is planned to launch at least 4 models in the next two years.
Xpeng Motors (09868.HK) announced that the Xpeng P7+ went online for 20 days with 0.01 million vehicles offline, setting a new record. Xpeng Motors' factories are fully expanding production capacity, firing on all cylinders, taking a new step on a long journey. Group director He Xiaopeng stated that employees of Xpeng P7+ from product R&D, testing, vehicle supply chain, and marketing services have made a huge contribution. Xpeng P7+ is truly Xpeng's first AI automobile. The company has already upgraded to version 5.4. From 2025 to 2026, the group will continuously accelerate iteration, launching at least 4 new models or major upgrades, believing in 2025 to 2026,
Hong Kong stock concept tracking | In October, domestic electric heavy truck sales hit the highest level of the year, institutions bullish on the industry to usher in a turning point in volume (with concept stocks)
The new energy heavy trucks are welcoming a turning point in volume increase; focus on new forces, new ecology, and new growth.
The vehicle factory transfers cost reduction pressure upstream.
According to China Securities Journal, on November 27, after BYD requested its suppliers to reduce product prices by 10%, SAIC Maxus Automotive Co., Ltd. also sent a letter to its suppliers stating that with a large number of new cars entering the market, the imbalance between supply and demand is expected to be difficult to fundamentally improve in the short term, making it hard to calm down the price war.
Daily Bull and Bear | The long and short situation has reversed! The Hang Seng Index night futures closed at 19,678 points, with bull certificates regaining the upper hand; Tencent has broken through HKD 400, with several bull certificates doubling and su
As of the market close, the total market turnover was 138.9 billion Hong Kong dollars; all warrants bull bear certificates totaled 12 billion Hong Kong dollars in turnover, accounting for 8.7% of the total market turnover, with a 4.7% proportion of good position and a 4.0% proportion of light position.
Futu Daily News | The inflation indicators favored by the Federal Reserve rebound! The attitude towards interest rate cuts in December may be more cautious; the Central Office and the State Office issued the 'Action Plan to Effectively Reduce Logistics Co
The Fed's favorite inflation indicator rebounds! The usa's core PCE price index for October is 2.8% year-on-year; strong consumer spending drives steady growth of 2.8% in the usa's third-quarter GDP; Trump's team is considering digital assets advocate Atkins to serve as SEC chairman.
U.S. stock market closes | All three major indexes fall, Dell plummets over 12% after earnings; Chinese concept stocks warm up, Jinlong Index rises by nearly 3%; bitcoin rebounds sharply, microstrategy rises by nearly 10%.
The Dow ended a five-day rally, falling from record highs along with the S&P; small cap stocks struggled to rebound. Dell and hp inc plummeted over 10% after earnings reports. Chinese concept stocks rebounded by nearly 3%, while Ideal autos surged almost 7%.
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Express News | The nasdaq china concept stock index rose by 2.82%, with china concept stocks collectively rising, iqiyi increasing by over 8%, ideal autos rising by over 6%, and xiaopeng autos increasing by over 4%.
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U.S. stocks early market | Core PCE has the largest increase since April of this year! Spot gold briefly dropped; quantum computing concept stocks are booming! QUBT and RGTI rose by 10%, and Quantum once triggered a circuit breaker.
The market continues to focus on Trump's tariff policy and cabinet composition. The actual GDP growth rate of the United States in the third quarter slowed down compared to the second quarter.
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U.S. stocks move unusually | XPeng Motors rose more than 4% in pre-market trading, with DBS Bank raising the target price to $17 and increasing sales volume forecasts after earnings.
Gelonghui, November 27 - Xiaopeng Autos (XPEV.US) rose more than 4.2% before the market opened, priced at $11.87. According to recent reports from DBS, there is a strong backlog in the sales of the Xiaopeng P7+ and MONA M03 models. Additionally, with the launch of four new models next year, the sales growth forecast for the fiscal years 2025 and 2026 have been revised upwards to 65% and 25% respectively, which translates to approximately 0.308 million and 385,000 units. The expansion of the Kunpeng Super Electric System (which can seamlessly switch between pure electric and range-extended driving) in the EREV market will accelerate future growth. DBS indicates positive sales and profit outlook.
Express News | Popular china concept stocks are rising broadly in pre-market trading. Miniso has increased by over 7%, bilibili, iqiyi, and XPeng autos have risen by more than 4%, jd.com, Li Auto, and NIO are up over 3%, while alibaba and pdd holdings have risen by more