How Much Higher Can $NIO Go? See what Wall Street analysts predict
The Nasdaq Golden Dragon China Index which tracks US-listed Chinese companies has bounced nearly 50%^ from Oct 24, 2022.
^ Data as of 24/10/2022 - 01/11/2023, moomoo
Entering 2023, Alibaba has risen more than 30%^ so far since January 3. At the same time, NIO has gained 18.05%^.
^ Data as of 03/01/2023 - 11/01/2023, moomoo
How long will mid-cap stocks go after a multi-day surge?
See what Wall Street analysts predict
In response, Wall Street analysts have made price target predictions for popular Chinese concept stocks.
$Li Auto(LI.US$ $XPeng(XPEV.US$ $JD.com(JD.US$ $NetEase(NTES.US$ $Alibaba(BABA.US$ $Baidu(BIDU.US$ $KE Holdings(BEKE.US$ $ZTO Express(ZTO.US$ $PDD Holdings(PDD.US$ $Trip.com(TCOM.US$ $H World Group(HTHT.US$ $Weibo(WB.US$ $New Oriental(EDU.US$ $Kanzhun(BZ.US$ $Lufax(LU.US$ $Vipshop(VIPS.US$ $Bilibili(BILI.US$ $iQIYI(IQ.US$ $Tencent Music(TME.US$ $TAL Education(TAL.US$
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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Mpampis Papadopoulos : Recon
嘴馋 : Because I bought it
KYKY2021 : The outlook is optimistic
101812650 : Because I'm aboard a ship of thieves...
Revelation 6 : With China reopening and the Chinese companies coming online with NASDAQ earnings reporting the future should be looking bright. If they can build the infrastructure, like power generation plants, to feed the rapid growth. They’ve already expanded their market in to the Middle East by way of Turkey and that should be quite profitable in both cash and oil. Oil being the more important of the two. It could their chance to turn dollar based oil in to yen based oil and help all the Chinese companies in one fell swoop.
Revelation 6 101812650: There is no honor among thieves.
Sam62020 : EV is the way for the future
101812650 : hahaha... just hope Nio will honour, serious of their R&D, market expansion plan..
EriktheRich : as a potential EV buyer, i like the designs n i wish i could had them all
gunners80 : ev companies in China is too competitive
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