What's Going On With Chinese Stocks Alibaba, NIO, XPeng, Li Auto On Tuesday?
What's Going On With Chinese Stocks Alibaba, NIO, XPeng, Li Auto On Tuesday?
Battered Chinese electric vehicle stocks, including NIO Inc. (NYSE:NIO), Chinese tech industry barometer Alibaba Group Holding (NYSE:BABA) stock gained on Tuesday after China's central bank announced plans to slash banks' reserve requirement ratio (RRR) by 50 basis points or half a percentage point.
中國科技行業的風向標阿里巴巴集團控股（紐交所:baba n3411）股票週二上漲，此前中國央行宣佈計劃將銀行的存款準備金率（RRR）下調50個點子，即半個百分點。
The central bank will also cut the seven-day reverse repurchase rate to 1.5% from 1.7%.
央行還將將七天期逆回購利率從1.7％下調至1.5％。
Alibaba rivals Baidu, Inc (NASDAQ:BIDU), PDD Holdings Inc (NASDAQ:PDD), and JD.com, Inc (NASDAQ:JD) also noted an upward movement in their stock prices in Tuesday premarket trading.
阿里巴巴的競爭對手百度公司（納斯達克:bidu）、pdd holdings 公司（納斯達克:pdd）和京東公司（納斯達克:jd）也注意到週二盤前交易中股價出現上漲。
Battered Chinese electric vehicle stocks, including NIO Inc. (NYSE:NIO), XPeng Inc. (NYSE:XPEV), Li Auto Inc. (NASDAQ:LI), and ZEEKR Intelligent Technology Holding (NYSE:ZK), were also up on Tuesday premarket.
備受打擊的中國新能源車股票，包括蔚來公司（紐交所:nio）、小鵬汽車（紐交所:xpev）、理想汽車公司（納斯達克:li）和智行科技控股（紐交所:zk），週二盤前也出現上漲。
Alibaba and its peers struggled with intense domestic price wars in their e-commerce and cloud businesses as the U.S. restricted their access to sophisticated AI chips, restricting their growth momentum.
阿里巴巴及其同行在電子商務和雲業務中遭遇激烈的國內價格戰，由於美國限制了它們獲取先進人工智能芯片的途徑，限制了它們的增長勢頭。
AI technology has been pivotal in upgrading hyperscaler businesses, including e-commerce, logistics, electric vehicles, and more.
人工智能技術在升級超大規模企業中發揮了關鍵作用，包括電子商務、物流、新能源車等。
Last week, the stocks got a boost from the U.S. Fed rate cut. The U.S. Fed slashed the lending rate by 50 bps, lowering the central bank's benchmark rate to 4.75%-5% to spur demand. Analysts expect the cut to drive growth in discretionary spending from U.S. companies.
上週，股票受益於聯儲局的減息。聯儲局將貸款利率削減了50個點子，將中央銀行的基準利率降至4.75％-5％，以刺激需求。分析師預計此舉將推動美國公司的自願支出增長。
Investors can gain exposure to Chinese stocks through iShares China Large-Cap ETF (NYSE:FXI) and KraneShares Trust KraneShares CSI China Internet ETF (NYSE:KWEB).
投資者可以通過中國大盤股etf-ishares（紐交所:fxi）和kraneshares中國海外互聯網etf（紐交所:kweb）獲得對中國股票的曝光。
Price Actions: At the last check on Tuesday, BABA stock was up 6.25% at $95.72 premarket. PDD was up 5.32% at $107.71, JD was up 8.53% at $32.30, BIDU was up 5.12% at $92.80, NIO was up 8.08%, XPEV was up 7.85%, LI was up 8.96%, and ZK was up 6.74%.
價格走勢：上週二最後一次檢查時，阿里巴巴股票預期漲幅爲6.25%，報95.72美元。pdd holdings 預期漲幅爲5.32%，報107.71美元。京東預期漲幅爲8.53%，報32.30美元。百度預期漲幅爲5.12%，報92.80美元。蔚來預期漲幅爲8.08%，小鵬汽車預期漲幅爲7.85%，理想汽車預期漲幅爲8.96%，中通預期漲幅爲6.74%。
