Xiaomi conference call: autos Q4 revenue growth rate is expected to continue to rise, planning to open 120 500-square-meter large stores this year.

Xiaomi stated that the growth in total revenue for the Xiaomi Group this quarter is largely due to the stable growth of the auto business, and if necessary, it will further invest in expansion, planning to open 120 oversized Xiaomi Home stores by the end of the year, each covering an area of 400-500 square meters.

wallstreetcnNov 18 12:24 ET

Electric cars are popular, looking forward to SUV! Daiwa exclaims Xiaomi "Don't get off too early"!

Da Ma believes that the market performance of Xiaomi SU7 has exceeded expectations and the strong momentum is expected to continue. The SU7 Ultra has significantly improved the brand image, and the upcoming SUV model will be a major catalyst for performance. At the same time, the price increase of the new smart phone is expected to improve the mid-term profit margin, and the gross margin of the AIoT business is expected to continue to significantly improve. The report has raised the target price of Xiaomi by 35% to 35 Hong Kong dollars, stating that any pullback is a good buying opportunity.

wallstreetcnNov 16 20:21 ET

Alibaba Gears Up For Q2 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

BenzingaNov 15 00:39 ET

Hillhouse HHLR Q3 hold positions: Chinese concept stocks hold an absolute dominant position, and the total market value of hold positions grew by more than 10%!

①HHLR Advisors, a subsidiary of Hillhouse Capital, saw its total market cap of US stocks holding positions grow by over 10% in the third quarter, with 9 of the top ten heavy positions being Chinese concept stocks; ②HHLR Advisors continued to hold heavy positions in Chinese concept stocks in the third quarter, with the market cap of Chinese concept stocks increasing from 85% in the second quarter to 93% in the third quarter.

cls.cnNov 14 19:07 ET

"Smart money" is betting on china becoming a trend: In Q3, the prototype of the "big short" increased shareholding in Alibaba and other Chinese concepts, while the rising fund Keystone established positions in three major etfs.

In the third quarter, the fund under Michael Burry increased its shareholding in Alibaba by 0.045 million shares to nearly 0.2 million shares, doubled its hold positions in jd.com to 0.5 million shares, and increased its shareholding in baidu by 0.05 million shares to 0.125 million shares. At the end of the quarter, it held three Chinese concept stocks valued at 54 million dollars, accounting for 65% of the total fund's stock holdings. Meanwhile, the fund bought corresponding put options for these three Chinese concept stocks to hedge risks.

wallstreetcnNov 14 18:32 ET

Reports suggest that the Trump team plans to cancel the $7,500 tax credit for electric autos, leading to a sharp drop in electric car stocks.

The Trump team is considering canceling the $7,500 electric vehicle subsidy policy to fund its tax reduction plan. This policy is one of the measures adopted by the Biden administration to combat inflation. Trump supporters and the oil industry hope to cancel electric vehicle tax incentives, while the auto industry groups are calling for retention. Musk believes that canceling the subsidy policy will not have a significant impact on Tesla, but will rather cause more trouble for competitors. Electric vehicle stocks plummet, with Tesla down 5.77% and "Tesla rival" Rivian down 14.3%.

wallstreetcnNov 14 16:17 ET