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Express News | U.S.-listed Chinese Stocks Rose in Overnight Trading
China's NEV Sales, Output Jump in January
Hong Kong stocks are moving | Autos stocks are rising broadly, Geely Autos up nearly 5%, BYD shares up 2%.
Chinese stocks in the automotive sector generally rose, with Geely Auto up nearly 5%, Great Wall Motor, Li Auto, and BYD shares all up 2%, while Xpeng Motors, BRILLIANCE CHI, and NIO also followed suit.
【Industry Trends】Eight departments issued documents to promote the high-quality development of the New energy Fund manufacturing industry; in January, the production and sales of Autos increased by nearly 30% year-on-year.
Eight departments issued a document to promote the high-quality development of the new energy storage manufacturing industry. According to the Ministry of Industry and Information Technology, the Ministry of Industry and Information Technology and seven other departments recently jointly issued the "Action Plan for the High-Quality Development of the New Energy Storage Manufacturing Industry," proposing that by 2027, China's new energy storage manufacturing industry will prominently show its international competitive advantages across the entire chain, the advantageous enterprises will further grow into a tiered structure, and the industry’s innovation capability and overall competitiveness will significantly improve, achieving high-end, Asia Vets, and green development. A relevant person in charge of the Department of Electronic Information of the Ministry of Industry and Information Technology introduced that the new energy storage manufacturing industry mainly focuses on new Battery and various types of ne
XPeng Inc. Sponsored ADR (XPEV) Is a Great Momentum Stock: Should You Buy?
China Jan NEV Sales Fall to 944,000 While Exports Hit Record High, CAAM Data Show