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November electric vehicle delivery report: BYD's electric vehicle sales exceeded 0.5 million, Xiaopeng broke through 0.03 million for the first time, and Chongqing Sokon Industry Group Stock saw a year-on-year sales growth of 54.58%.
Last month, the delivery volume of the Xiaomi SU7 continued to exceed 20,000 units, and Xiaomi expressed confidence in achieving the new delivery target of over 130,000 units for the year.
SA Charts: November 2024 EV Trends—BYD Leads, XPeng Rebounds, Li Auto & NIO Stay Resilient
Nasdaq Golden Dragon China Index rose by about 0.4% at the beginning of the day.
On December 2, according to Gelonghui, china concept stocks such as Xpeng Motors rose by 7.39%, Bilibili rose by 4.2%, zeekr rose by 2.7%, and NIO rose by 2%. New oriental, jd.com, pdd holdings, and netease rose more than 1%, while alibaba, fangdd network, and Li Auto all dropped by at least 1%. Among the etfs, the china concept internet index etf (KWEB) rose by 0.57%, the china technology index etf (CQQQ) rose by 0.42%, and the FTSE China 3X Long ETF (YINN) rose by 0.14%.
China concept stocks are generally rising.
On December 2, Gelonghui reported that Xiaopeng autos rose by 5.8%, bilibili increased by 4.1%, and miniso jumped by nearly 15%.
US stock outlook | Most china concept stocks are rising in pre-market, with miniso surging 16%; Bank of America’s 2025 investment strategy is coming! Bullish on small cap stocks.
Tesla rose 1.8% in pre-market trading, starting to launch the latest version of FSD, V13.2; the small cap drone stock UMAC surged over 21% in pre-market, with Trump's eldest son joining the company's advisory board; the record rise in the US stock market lays the foundation for an increase in December, and market sentiment is optimistic.
Nio, XPeng, Li Auto Deliveries Set Record. December Should Be Huge for China's EV Makers