Chinese Electric Vehicle Stocks to Consider
$NIO Inc (NIO.US)$ $BYD Company ADR (BYDDY.US)$ $XPeng (XPEV.US)$ Big Shot: Nio is up 93% in the past 12 months, making many investors happy. But the stock has dropped 33% in 2021, and economic issues in China are hurting the company.
Up and Down: BYD Company, which has an electric vehicle subsidiary, is up over 41% this year. But in the past month, the stock is down over 9%.
New Avenues: XPeng is having a bad year, with the stock down nearly 20%. On the bright side, an urban mobility company backed by XPeng unveiled city usage scenarios last week.
Up and Down: BYD Company, which has an electric vehicle subsidiary, is up over 41% this year. But in the past month, the stock is down over 9%.
New Avenues: XPeng is having a bad year, with the stock down nearly 20%. On the bright side, an urban mobility company backed by XPeng unveiled city usage scenarios last week.
Final Thoughts: When it comes to Chinese EV stocks, it is all about China’s overall economic outlook.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
十指紧叩 : Why are Hong Kong stocks rising. US stocks are still falling