Targeting Chinese stocks, unprofitable companies are prioritized.
$XPeng (XPEV.US)$ For xpeng, the reopening of China brings positive news of supply chain recovery, cost reduction, and increased demand in the automotive market. For US stocks, inflation and interest rate hikes are bad news. It has nothing to do with Chinese concept stocks, but sometimes it's just unreasonable.
Even I, someone who was prepared not to sell any shares, couldn't help but sell. Xpeng, how poorly you performed.
Sold at 9.32 and bought back at 8.24.
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回本 : It's a bit unbearable to drop around 8 yuan
坚持3年 VS 短线复利 OP : The decline is still very strong. Those who haven't entered the market can wait until Xiaopeng stabilizes before entering.
I think the price of 8.24 is fine, wait and see if it gets to 8
燃烧的内裤 : The fall in the US and China Securities was explained as being hit by the US; so how do you explain the decline in Hong Kong stocks too? Is China attacking itself?
坚持3年 VS 短线复利 OP : Xiaopeng Motor dropped from a high of $74 in 2020, a high of $60 in 2021, and a low of $6.18 in 2022, and is now $8.29. Intelligent technology, metaverse, and new energy are the future development direction. New industries are bound to burn money on R&D
, which company hasn't experienced losses over the years? The photovoltaic power generation industry, for example, is now profitable. For example, Tesla electric cars haven't been out of losses for a long time. Xiaopeng Motor is now losing money; it's just following the path Tesla has taken. Now is the best time to crack down on promising startups like this, companies that dare to compete with Tesla. I don't know how many stocks in the Chaoyang industry have fallen by more than 90%, which is clearly unreasonable.
坚持3年 VS 短线复利 OP : The capital in the Hong Kong stock market is not only local to Hong Kong, but also foreign investment.