What's Going On With Chinese EV Stocks NIO, XPeng, Zeekr On Friday?
Express News | The China Banking and Insurance Regulatory Commission: will study optimizing the range of independent pricing factors for electric vehicle insurance.
US stocks are on the move | Chinese electric vehicle stocks are rising in pre-market trading, supported by the policy of replacing old with new and driving demand recovery.
Gelonghui on September 27th | Chinese new energy vehicle stocks rose before the market, with Nio up over 5.5%, Xpeng up over 4.8%, Jidexing up over 2.8%, and Li Auto Inc up over 1.5%. On the news front, a report by Lyon pointed out that China's policy support for replacing old cars with new ones is driving the recovery of the automotive industry, especially benefiting electric vehicles, mainly because consumers' preferences are shifting from joint venture brands' internal combustion engine (ICE) models to new energy vehicle models. In addition, various automakers are expected to launch new energy vehicles in the second half of the year. It is expected that the penetration rate of domestically produced new energy vehicles in China will steadily increase. Lyon believes that leading car companies can sustainably benefit.
foryou corporation (002906.SZ): The company provides AR-HUD products for the Jike 7X.
On September 27, Gelonhui reported that foryou corporation (002906.SZ) stated on the investor interaction platform that the company provides AR-HUD products for the above-mentioned model (Extreme Krypton 7X).
Shares of Chinese Stocks Are Trading Higher Following a Report Suggesting China Will Issue up to $284 Billion of Sovereign Debt as Part of a Stimulus.
Express News | The People's Bank of China: We need to speed up the introduction of financial increment policy measures files, and implement and implement each policy measure one by one.