XPEV241206C12000
- 0.67
- -0.14-17.28%
XPeng Newsroom
Hong Kong stocks early report on December 5: Most china concept stocks declined, Meitu cleared cryptocurrency profits of about 0.571 billion yuan.
① The latest Beige Book survey by the Federal Reserve shows a slight increase in economic activity in November. ② Powell said the Federal Reserve can be cautious when seeking a neutral interest rate. ③ Trump chose digital assets advocate Paul Atkins to be the chairman of the U.S. Securities and Exchange Commission, leading to a big surge in cryptos and their concept stocks. ④ The three major U.S. stock indexes hit new all-time highs on Wednesday, while most popular China concept stocks declined.
Express News | Shenzhen Longli Technology: The company's in-vehicle display products are applied to Xiaopeng autos and have reserved ultra-narrow bezel technology.
US stocks are active｜Xiaopeng autos rose nearly 1% before the market opened, with November deliveries exceeding 30,000 vehicles for the first time.
Grants on December 4th | Xiaopeng autos (XPEV.US) rose 0.87% before the market, to $12.8. On the news front, Xiaopeng autos announced that in November 2024, a total of 30,895 new cars were delivered, a 54% year-on-year increase and a 29% month-on-month increase. The monthly delivery volume exceeded 0.03 million for the first time, setting a new monthly delivery record for three consecutive months. Among them, Xiaopeng MONA M03 has delivered over 10,000 units in the market for 3 months; Xiaopeng P7+ has been launched for 23 days, with delivery volume exceeding 7,000 units. CMB International stated that Xiaopeng's recent sales of Mona M03 and P7+ models have been good, and will
Express News | Passenger Vehicle Association: Preliminary statistics show that the retail sales of passenger vehicles in November reached 2.446 million units, an 18% year-on-year increase.
According to reports, China reiterated its opposition to Canada's tariff increase on Chinese electric vehicles at the WTO conference.
According to sources cited by "First Financial", china opposed the new tariffs imposed by Canada on certain commodities from china during the WTO Goods Trade Council meeting held in the past two days (December 2 to 3). china stated that Canada increased tariffs on some imported goods from china in October, including a 100% additional tax on electric vehicles made in china and a 25% additional tax on aluminum and steel. The chinese side believes that Canada's actions violate Canada's commitments to the WTO and go against the principles of a market economy and fair competition. The chinese side also expressed strong opposition to Canada's unilateralism and trade protectionism.
[Brokerage Focus] Guolian maintains a "buy" rating on XPeng Motors (09868), indicating that high-quality models are expected to usher in a turning point in sales with their listing.
Jingwu Financial News | Guolian Securities research points out that on December 1, 2024, Xiaopeng Autos (09868) will release delivery data for November. In November 2024, Xiaopeng Autos delivered a total of 30,895 new vehicles, a year-on-year increase of 54% and a month-on-month increase of 29%. The report indicates that in November, the monthly active user penetration rate of XNGP urban intelligent driving reached 85%. AI Tiantian 5.4.0 officially started public testing, bringing a total of 248 feature updates in four major areas: AI intelligent driving, AI cockpit, AI chassis, and AI connectivity. Xiaopeng introduced the AI Eagle Eye vision solution, fully addressing issues like light difference, etc., in
Lin Shih-shiong: At the end of October, 144 models of domestically produced electric vehicles were approved by the Transport Department, hoping to submit proposed amendments to the regulations on communication equipment for driving within this year.
The Secretary for Transport and Logistics, Lam Sai-wing, responded to a member's question by stating that the current Road Traffic (Vehicle Construction and Maintenance) Regulations (Cap. 374A) do not permit vehicles— not limited to electric vehicles— to display information unrelated to driving on the visual monitor in front of the driver's seat. In addition, if a driver uses a mobile phone or communication equipment to remotely control parking operations outside the car, it would violate the regulations under the Road Traffic (Traffic Control) Regulations (Cap. 374G) regarding the prohibition of holding a mobile phone or communication equipment while driving. The government is actively following up on the amendment of the legislation and plans to submit relevant proposals for amendments to the Legislative Council within this year, ensuring that...
Xiaopeng has won a crucial battle.
A new starting point.
Hong Kong stock movement | Xiaopeng Motors-W (09868) rises over 3%. MONAM03 and P7+ start a new vehicle cycle for the company, future profitability has considerable flexibility.
XPeng Autos-W (09868) rose over 3%, as of the time of writing, it increased by 2.87%, reported at 50.15 Hong Kong dollars, with a transaction amount of 0.341 billion Hong Kong dollars.
[Special guest V] Deng Shengxing: The market anticipates that more stimulus measures will be introduced next week, and Hong Kong stocks will continue to perform well.
Golden Watch Finance | The Hang Seng Index closed at 19,746 on Tuesday (3rd), up 196 points or 1%. The total market turnover for the day was 126.6 billion yuan. The National Index rose by 63 points or 0.9%, finishing at 7,072; the Science and Technology Index increased by 12 points or 0.27%, reaching 4,417. Wuxi Bio (02269) rose by 7.9%, making it the blue chip with the largest increase; Wuxi Apptec (02359) bounced up by 6.3%. Electric power stocks in mainland China climbed across the board. Huaneng (00902) rose by 1.7%; china power (02380) increased by 1.3%. The Dow Jones closed at 44,705 points on Tuesday (3rd), down 76 points or 0.17%. The Standard Index returned.
[Brokerage Focus] China International Capital Corporation estimates that the potential market size for Chinese automotive companies to enter overseas markets is approximately 40 million vehicles.
Jinwu Finance | China International Capital Corporation stated that the bank believes Chinese automotive companies, with their mature and rich product lines, leading electric intelligent technology, and a well-established distribution network, are expected to achieve breakthroughs in overseas markets that are rapidly advancing the new energy fund transformation. At the same time, RBOB gasoline exports remain stable, further opening up growth opportunities for overseas sales. Referring to Japanese automotive companies, according to JAMA data, overseas sales of Japanese companies exceeded 20 million units in 2023, with a market share of nearly 30% in the USA and over 25% in other overseas markets. The bank estimates that the potential overseas market scale for Chinese automotive companies is about 40 million units, and long-term overseas sales are expected to challenge 8.
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Breaking news! Four major industry associations collectively state: exercise caution when purchasing usa chips.
① The china semiconductors industry association, china automotive industry association, china internet plus-related association, and china communication enterprises association have all issued statements urging domestic companies to carefully select and procure usa chips. ② The new round of export restrictions from the usa involves over 140 chinese enterprises, affecting semiconductors manufacturing equipment, electronic design automation tools, etc., undermining the principles of fair competition in the global semiconductors industry.
Just now! China has taken action to strengthen export controls on dual-use items such as gallium, germanium, antimony, and related items to the usa.
Source: Securities Times, December 3, the Ministry of Commerce released a notice on strengthening export control of relevant dual-use items to the usa, effective from the date of announcement. The notice states that in accordance with the provisions of the "Export Control Law of the People's Republic of China" and other laws and regulations, in order to maintain national security and interests and fulfill international obligations regarding diffusion, it has been decided to strengthen export control of relevant dual-use items to the usa. The relevant matters are announced as follows: 1. Export of dual-use items to military users or for military purposes in the usa is prohibited. 2. In principle, licenses will not be granted for the export of gallium, germanium, antimony, and related dual-use items to the usa; for graphite dual-use items exported to the usa, control will be implemented.
Express News | The China Association of Automobile Manufacturers: To ensure the security and stability of the automotive industry chain and supply chain, it is recommended that Chinese auto companies be cautious in purchasing chips from the USA.
China Nov NEV Wholesale at Record 1.46 Million, CPCA Estimates Show
[Brokerage Focus] Changjiang Securities maintains a "buy" rating on Xiaopeng Autos (09868), indicating the expectation of entering a turning point in the new car cycle.
Jinwu Financial News | Changjiang Securities issued a research report indicating that Xpeng Autos (09868) released their sales figures for November 2024. In November, the company delivered a total of 30,895 new vehicles, a year-on-year increase of 54.2% and a month-on-month increase of 29.2%. From January to November 2024, the company accumulated a total of 153,000 new vehicle deliveries, a year-on-year increase of 26.2%. For the month of November, the deliveries exceeded 30,000 units for the first time, setting a historical record for three consecutive months, with the monthly delivery of the M03 exceeding 10,000 vehicles. The report pointed out that the company continues to lead in intelligent driving, and with channel reforms and enhancements in the marketing system, along with the launch of strong new vehicle models, the company's sales are expected to steadily increase.
At the end of the year, the "sales boost battle" in the car market has begun: multiple car companies have updated the December car purchase benefits, with BYD's terminal prices showing a slight loosening.
BYD has launched various popular car models with different levels of discount policies in December. leapmotor, which has already completed its annual sales target ahead of schedule, updated the car purchase benefits for December on December 2nd.
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