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China's New-Energy-Vehicle Sales Could Grow 25% to 30% Next Year -- Market Talk
Why Is ZEEKR (ZK) the Best Small Cap EV Stock to Invest In?
Express News | ZEEKR 001: Cumulative deliveries have exceeded 250,000 units, maintaining the position of the best-selling pure electric vehicle in China above 250,000 units.
HAITONG SEC: Initially rated the Speedtech Fusion as "outperform the market" with a Target Price of 46.2 Hong Kong dollars.
HAITONG SEC published a research report stating that it has initiated coverage on Suoteng Juchuang (02498) with an "Outperform" rating, expecting its revenue for 2024-2026 to be 1.73/3.28/4.6 billion yuan respectively, with a Target Price of 46.2 HKD. Suoteng Juchuang (RoboSense), founded in 2014 and headquartered in Shenzhen, is a leading Lidar Technology company in China, offering products that cover Lidar Hardware, HyperVision integrated perception Software, and integrated solutions. HAITONG SEC's main points are as follows: insist on a Global Strategy of self-developed chips. Focus on Lidar technology based on self-developed chips.
IDC: Top Ten Insights into the Auto Market in China for 2025.
IDC predicts the market for 2025 based on the latest trends in the Technology industry and the recent development of the China Autos market.
The Dow barely ended its longest continuous decline in 50 years, Micron fell by 16%, the US dollar reached a two-year high again, and US bonds, oil, and Bitcoin all dropped.
U.S. stock market's other Indexes turned down towards the end, Tesla rose by nearly 4% before closing down, NVIDIA reached a high of 4%, and Micron Technology had its steepest decline in five years. The yield on the 10-year U.S. Treasury bonds briefly increased by nearly 10 basis points approaching 4.60%, close to a seven-month high, while short-term bond yields fell, with the 2/10-year yield spread at its widest in two and a half years. The Bank of England held rates steady, but more officials supported a rate cut, leading to a decline in the British Pound. The Governor of the Bank of Japan suppressed interest rate hike expectations, causing the yen to fall towards 158, and the offshore renminbi briefly dropped below 7.32 yuan to its lowest in 15 months. Bitcoin fell by 5%, approaching $0.096 million. Spot Gold rose by 1.6% before narrowing back below $2,600, while the futures silver fell by 5%, and U.S. crude oil fell below $70.