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%.
EV Sales Slow As Consumers Grow Weary Over High Costs, Charging NeedsHybrid Cars Have Outperformed Expectations Originally Set for EVs in 2024
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%.
Shares of US-listed Chinese Stocks Are Trading Higher Following a Report Indicating Additional Chinese Fiscal Stimulus After a Key Economic Meeting in December.
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.
Express News | Ishares China Large Cap ETF up 2.8%, Kraneshares CSI China Internet ETF up 3.2%
Express News | U.S.-Listed Shares of Chinese Firms Rise Tracking Gains in Mainland Peers
Fewer People Intend to Buy an EV Amid Price, Driving Range Concerns: EY Report
Ambarella Stock Soars 25%. How High It Can Go After Earnings Beat Expectations.
Express News | Li Auto up 3.2%, Xpeng up 3.3%
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
Trump's tariff stick shocks the market, General Motors falls 9%, how do Ford and others escape it?
Trump's tariff policies impact the North American auto industry, general motors' stock prices plummet, while Ford's 'made in the usa' global strategy has less effect.
Xiaopeng autos-W (9868.HK): Scale expansion combined with technology cost reduction achieved a historic high in gross margin for Q3 2024.
Investment Highlights: XPeng Motors released the unaudited financial performance for the third quarter of 2024 (hereinafter referred to as the "2024 Q3 Performance Announcement"): The company achieved revenue of 10.1 billion yuan in 2024 Q3, an increase of 18% year-on-year.
Hong Kong stocks movement | Automotive stocks collectively rose sharply in the late trading session. China and Europe are expected to reach an agreement on electric vehicle tariffs. Major institutions are bullish on next year's sales continuing strong gro
Auto stocks rose collectively in the afternoon trading session. As of this report, great wall motor (02333) increased by 4.55%, trading at 12.88 HKD; Xpeng Inc.-W (09868) rose by 4.05%, trading at 46.2 HKD; Li Auto Inc.-W (02015) saw a net buy of 2.38%, trading at 88.35 HKD; leapmotor (09863) increased by 1.95%, trading at 28.75 HKD.
An email from a china electric vehicle manufacturer leaked: Will the price war intensify?
Recently, a leaked email from BYD, the largest electric vehicle manufacturer in china, requested suppliers to reduce prices by 10%. In response, the company clarified that annual price negotiations with suppliers are an industry practice, and that the proposed price reduction target is not mandatory and can be negotiated.