Express News | Li Auto up 3.2%, Xpeng up 3.3%

Reuters04:46 ET

China's EV Sales Growth Likely to Remain Resilient in 2025 -- Market Talk

WSJ23:27 ET

U.S. stocks closed: The Dow and S&P reached all-time highs, while general motors plunged nearly 9%.

① Most technology giants rose, only Tesla fell; ② Eli Lilly and Co rose by 4.5%, as Biden proposed health insurance coverage for weight loss drugs; ③ The Chinese concept stock Jinlong Index fell by 0.8%, Nio fell by 7.7%; ④ Apple proposed to increase investment by 0.1 billion US dollars to seek to lift the sales ban, but was rejected by the Indonesian government.

cls.cn17:42 ET

Huizhou Desay SV Automotive (002920.SZ): The fourth generation asia vets cockpit domain controller has been put into mass production for customers like Ideal Automotive.

Gelonghui reported on November 26 that huizhou desay sv automotive (002920.SZ) stated in their investor relations that the third generation asia vets cockpit domain controller has been mass-produced on a large scale in models from various clients such as Li Auto, Chery Automobile, and GAC Passenger Vehicle, and has received new project orders from clients like Chery Automobile, Geely Automobile, and GAC Toyota, indicating a rapid increase in market scale. The fourth generation asia vets cockpit domain controller has been equipped for mass production with clients like Li Auto and continues to receive new project orders from multiple clients including Li Auto, GAC Passenger Vehicle, and Geely Automobile. Additionally, more differentiated cockpit domain control solutions have been awarded new project designations, and the company's fourth generation asia vets cockpit.

Gelonghui FinanceNov 26 06:38 ET

Under the dual pressures of 'price wars' and electrification transformation, this year will see 4,000 4S stores close down. Traditional dealers are 'abandoning' rbob gasoline vehicles and embracing new energy.

① The deputy secretary-general of the China Automobile Dealers Association, Lang Xuehong, recently predicted that the number of 4S stores expected to withdraw from the market this year will reach 4,000. ② In the past year, more than 40 traditional luxury brand dealers have chosen to switch to Nio. ③ Zhongsheng Hldg announced that it has signed a preliminary agreement with Chongqing Sokon Industry Group Stock, and both parties agree to further negotiate on the cooperative distribution of new energy fund.

cls.cnNov 25 21:26 ET

US stocks closed: The Dow Jones rose nearly 1% to a new high, while nvidia and Tesla fell sharply against the trend.

① The nasdaq china golden dragon index rose by 0.44%; ② bitcoin fell back, microstrategy dropped more than 4%; ③ international oil prices plummeted, conocophillips fell by 5%; ④ California plans to introduce electric autos purchase subsidies, with Tesla being excluded.

cls.cnNov 25 17:48 ET