$XPENG-W (09868.HK)$ Xiaopeng did not announce how many orders for the new G6 and G9 this time, which is quite unusual. Whether it was the release of the G6 in June 2023, the G9 facelift in September 2023, or the release of the Mona M03 and P7+ in August and November 2024, large order numbers were quickly announced after each event to boost morale.
This time, only simple figures of 5,000 orders in 7 minutes and 3,000 orders in 45 minutes were provided, with no further data announced, which is somewhat unusual.
I personally think there may be two reasons.
1. Perhaps the orders are not impressive. Considering the booming orders after the four previously mentioned release events, if this time they do not surpass previous data, it would create a gap between expectations, potentially leading to negative publicity. It might be better not to release the numbers.
2. Production capacity is not keeping up. To avoid repeating the mistake of announcing booming orders but failing in production and delivery (He Xiaopeng has already reminded that the initial capacities of the new G6 and G9 will not keep up), it might be better not to disclose whether the order has reached xx million and promote discreetly.
Regardless of which situation above applies, it does not seem like good news to me. Coupled with the weekly insurance volume data from March 3 to March 9, although Xiaopeng topped the new forces sales list with 8,500 vehicles, two-thirds of them are Mona M03, which has set a new record, but the P7+ has surprisingly dropped for four consecutive weeks, which is not a good sign. If the follow-up orders for the P7+ cannot keep up, there could be risks for G6/G9 orders falling short of expectations.
In summary, Xiaopeng did not promote the changes and release of the G6 and G9 this time...

$XPeng (XPEV.US)$ Wuling broke the decline in sales from previous years at the beginning of the year, and vigorously competed with Ideal for the sales champion of new forces. The following year will be a big year for products, with new and redesigned cars every quarter. It is increasingly possible to achieve profitability in a single quarter in 2025. Once profitable, with Ideal as a reference, it is possible to exceed 200 billion Hong Kong dollars. Starting from the current 110 billion Hong Kong dollars, there is at least an 80% upside potential, corresponding to breaking 100 Hong Kong dollars for Hong Kong stocks and 25 for US stocks.
Hope Wuling continues to work hard and becomes a true Kunpeng soon.

$Direxion Daily FTSE China Bull 3X Shares ETF (YINN.US)$ isn't this supposed to track FTSE A50 index?  Why is it falling when A50 actually had a healthy rise in the day?