Jibang Consulting: In the third quarter, the total installed capacity of global electric vehicle traction power inverters reached 6.87 million units, an increase of 7% compared to the previous quarter.
In the third quarter of 2024, the total installed capacity of global electric vehicle traction power inverters reached 6.87 million units, which is a 7% increase compared to the previous quarter, but the growth rate has declined compared to the same period last year.
China EV Insurance Registrations for Week Ending Dec 8: Nio 3,700, Tesla 21,900, Xiaomi 5,400, BYD 85,000
Hong Kong stocks move | Auto stocks generally rise, with new energy passenger vehicle sales in November increasing by over 50%. A "tail end market" is expected in the auto market by the end of the year.
Auto stocks generally rose. As of the time of writing, Geely Auto (00175) increased by 4.54%, trading at HKD 16.12; NIO-SW (09866) rose 3.8%, trading at HKD 39.6; BYD Company (01211) increased by 2.92%, trading at HKD 281.8.
Last night, china assets went "crazy."
Overnight, the nasdaq Golden Dragon china index rose over 8.5%, marking the best single-day performance since the end of September. Popular Chinese concept etfs surged collectively: the largest MCHI increased by 7.7%, the FXI, which tracks large Chinese companies in the Hong Kong stock market, rose over 8%, and the only major Chinese concept etf tracking the A-share market, ASHR, gained nearly 7%. The most insane increase came from the three times leveraged FTSE China, YINN, which soared 24% overnight and continued to rise over 2% after hours.
Options Market Statistics: Rivian Stock Soars After Bullish Analyst Initiation With Strong Recommendation; Options Pop
U.S. stocks closed lower: all three major indexes fell, Chinese concept stocks celebrated all night, and the Golden Dragon Index surged by 8.5%.
① The nasdaq china golden dragon index rose by 8.54%, while the ftse china 3x long etf (YINN) increased by 23.78%; ② OpenAI officially launched the AI video generation model Sora; ③ A man involved in the murder case of the insurance giant's CEO in New York was arrested in Pennsylvania; ④ mondelez international is reportedly exploring the acquisition of the usa chocolate producer hershey.
NIO Inc Options Spot-On: On December 9th, 572.12K Contracts Were Traded, With 3.5 Million Open Interest
Monday Market Falls, Chinese Stocks Climb, Indices Rebalance | Live Stock
Tonight, Chinese concepts soared! The nasdaq Golden Dragon index surged by 10%, while fangdd network doubled directly.
Some analysis indicates that the Political Bureau meeting first mentioned stabilizing the stock and real estate markets, and the US stock market quickly rallied on china assets. The 3x Long FTSE china etf surged over 26%, the 2x Long china internet plus-related stocks rose over 22%, the 2x Long FTSE china 50 ETF increased over 17%, and the 2x Long 300etf gained nearly 15%.
Electric Vehicle Stocks Rip Big Gains After Beijing Developments
Alibaba, JD.com Stocks Jump. Why China's Fresh Stimulus Pledge Is All About Trump.
Trending Stocks Today | LeddarTech Surges 422.24%
Here Is What to Know Beyond Why NIO Inc. (NIO) Is a Trending Stock
China Will Adopt a "Moderately Accommodative" Monetary Policy in the Next Year, The First Shift to Easing Since 2011
NIO Aims High for United Arab Emirates Market
Nio Explains in Detail How Steer-by-wire Tech Benefits ET9
Express News | Ishares China Large Cap ETF up 6.2%, Kraneshares CSI China Internet ETF up 7.5%
Express News | Li Auto up 6.8%, NIO up 7.6%, Xpeng up 8.8%
The momentum for trade-ins is strong! In November, china's sales of new energy fund vehicles increased by 50% year-on-year, setting a new record, while exports fell by 6.3%.
In November, the Passenger Vehicle market achieved historic highs in retail, wholesale, production, and exports, with explosive growth in Electric Vehicles. The Passenger Car Association noted that the majority of scrappage replacements and some trade-in customers chose to purchase Electric Vehicles. Subsidy policies, particularly those promoting entry-level pure electric vehicles and the narrow plug-in hybrid market, strongly boosted growth and further solidified the expansion foundation for Electric Vehicles penetration.
In November, the electric vehicle market experienced explosive growth, with nearly 80% of A/H share listed car companies seeing their sales increase year-on-year, and many setting new records.
① In November, retail sales of new energy passenger vehicles reached 1.268 million units, a year-on-year increase of 50.5% and a month-on-month growth of 5.9%, with the domestic retail penetration rate of electric vehicles reaching 52.3%; ② In November, the explosive growth of new energy vehicles reflects the market's positive feedback on the national scrapping and updating program and the "double new policy" of replacing old with new; ③ Twelve auto manufacturers achieved a year-on-year increase in sales in the new energy market in November.
No Data