Bought 10,000 Tesla shares worth $1.8377 million Qizhan Holdings
$Tesla (TSLA.US)$ Qizhan (01808) 企展控股 announced that on February 6, 2024, the group purchased a total of 10,000 Tesla shares in the market through the company's wholly-owned subsidiary Qizhan (Hong Kong) Holdings for a total purchase price of US$1.8377 million. As of the date of this announcement, the Group indirectly holds 10,000 Tesla shares.
The announcement stated that considering Tesla's recent stock price performance, the company believes that the purchase of securities is an attractive investment and can bring higher returns to the company.
The announcement stated that considering Tesla's recent stock price performance, the company believes that the purchase of securities is an attractive investment and can bring higher returns to the company.
Comment: Like Ark Investment (Cathie Wood), this purchase of Tesla stock is a strong support that the company can bring higher return - forward looking.
Source:
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$BYD COMPANY (01211.HK)$ $BYD Co. (BYDDF.US)$ $S&P 500 Index (.SPX.US)$ $Nasdaq Composite Index (.IXIC.US)$ $Tesla (TSLA.US)$ $VOLKSWAGEN A G (VWAGY.US)$ $NIO Inc (NIO.US)$ $Li Auto (LI.US)$ $XPeng (XPEV.US)$ $General Motors (GM.US)$ $Ford Motor (F.US)$ $Rivian Automotive (RIVN.US)$ $MERCEDES-BENZ GROUP AG (MBGAF.US)$ $TOYOTA MOTOR CORP (TOYOF.US)$ $GEELY AUTO (00175.HK)$ $Stellantis NV (STLA.US)$
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I reflected trading experiences by writing journals. My comments are for educational purposes not financial advice.
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Cosmictradeincoming : TSLA 350 EOW
Teck Wang Pang PaPa : cleantechnica.c...
ZnWC OP Teck Wang Pang PaPa : The article said EM didn't mention any Chinese EV company's name. He is bullish on the outlook of China EV not specific EV companies like Nio or Xpeng which are still making losses.
Nio shares lost 38%, XPeng plunged 42.9%, and Li Auto lost 26% in Jan 2024
https://www.moomoo.com/community/feed/111879598375318?share_code=00GqTT
Teck Wang Pang PaPa : BYD, mostly
ZnWC OP Teck Wang Pang PaPa : Chinese EV BYD slips to 14-month low on slower earnings growth estimate: Reuters
https://www.moomoo.com/community/feed/111863866655126?share_code=00Geiq