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"Robotaxi track" is getting more and more heated! The sense of crisis in Tesla is at its peak.
Currently, the self-driving taxi, or Robotaxi concept, is not exclusive to Tesla.
BYD's New Models to Further Boost Sales Volume -- Market Talk
Hong Kong stock market trends | BYD Company (01211) rose more than 5% recently, launching the first lidar-equipped model, and its performance in the first half of the year is expected to exceed expectations.
Byd Company (01211) rose more than 5%, as of press time, up 5.01%, at HKD 218, with a turnover of HKD 0.764 billion.
[Brokerage Focus] Zhongtai International: After global risk aversion subsides, Hong Kong stocks are expected to open up upward space.
KingWatch Financial News | China-Thai International released its August outlook for the Hong Kong stock market, as the untying trend of the yen-carry trade exacerbates the fluctuation of global risk assets, Hong Kong stocks may be affected by increased overseas market volatility and fluctuate at low levels. As of July 30, speculative short positions in the yen have been greatly reduced, and the current one-month US dollar against yen 25Delta risk reversal volatility has fallen to its lowest level since mid-2020, indicating that the yen may have a short-term phase top and will boost the rebound of Hong Kong stocks and other risk assets. The bank pointed out that the upward momentum in the current Hang Seng Index profit forecast has been fluctuating repeatedly, and the performance of Hong Kong stocks has been mixed since the earnings season.
Hong Kong Stocks Fluctuate | Auto Stocks Rebound Collectively, July Auto Market Is Not Slow Season, New Energy Penetration Rate Breaks Through 50% For The First Time.
Auto stocks rebounded collectively. As of press time, LI Auto Inc.-W (02015) rose 5.31%, to HKD 78.3; BYD Company (01211) rose 3.47%, to HKD 214.8; Nio Inc-SW (09866) rose 2.93%, to HKD 29.9.
Electric vehicle companies are generally rising, li auto inc (02015) rose 4.51%. Institutions indicate that the continuous launch of new models of electric vehicles is expected to stimulate market growth.
Jingu Finance News: Electric vehicle companies are rising across the board. Li Auto Inc (02015) rose by 4.51%, Everg Vehicle (00708) rose by 3.64%, BYD Company (01211) rose by 3.18%, NIO Inc (09866) rose by 3.1%, Great Wall Motor (02333) rose by 2.5%, xpeng (09868) rose by 2.62%. In terms of news, the Shanghai Municipal Government issued the Special Work Plan for Mass Facilities and Equipment Renewal in the Transportation Field of Shanghai (2024-2027). It mentioned that the plan is to achieve comprehensive upgrades to public buses and taxis in Shanghai before the end of 2027.
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