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China Stimulus Rally Is Already Fading. Why Alibaba, JD.com Stocks Are Falling.
Hong Kong stock morning report on December 11: Citic Lyonn claims to be Bullish on the KUAJINGZIJIN flow and IPO recovery of the Hong Kong Stock Exchange, with SenseTime's share placement financing nearly 2.8 billion Hong Kong dollars directed towards cor
① CITIC Securities is Bullish on the flow of KUAJINGZIJIN and the recovery of IPOs at the Hong Kong Stock Exchange. ② SenseTime's share placement financing of nearly 2.8 billion yuan is used for the development of core Business. ③ HUA HONG SEMI's 12-inch production line at the Wuxi base has been completed and is in production. ④ The Shanghai Stock Exchange will review Guolian Securities' additional share issuance and acquisition matters next week.
U.S. stocks closed: The Dow Jones fell for four consecutive days, Chinese concept stocks plummeted over 4%, as the market focused on the CPI report.
① The Nasdaq China Golden Dragon Index fell 4.34%, as China Concept Stocks collectively declined; ② Apple is reportedly planning to equip its smartwatches with satellite communication capabilities; ③ Google A rose 5.62%, as the company launched its latest quantum chip "Willow," achieving significant technological breakthroughs; ④ Microsoft shareholders voted against the Bitcoin investment proposal.
Express News | Li Auto Down 3.9%, NIO Down 5.4%, Xpeng Down 6%
Li Auto-W (02015): Weekly sales in week 49 reached 0.0126 million autos.
In the 49th week of 2024 (December 2-8), Li Auto (02015) weekly sales reached 0.0126 million autos, achieving first place in sales among new energy vehicle brands in china for 33 consecutive weeks.
The results of the first batch of evaluations for the 2024 version of C-NCAP have been released, with the Ideal L6 receiving a five-star rating with the highest score.
On December 10, 2024, the first evaluation results of the 2024 version of China New Car Assessment Program (C-NCAP) were released. As the first model to participate in the evaluation, the Ideal L6 achieved a comprehensive score of 90.5%, earning a five-star rating in the C-NCAP evaluation and ranking first. Among them, the occupant protection score was 93.28%, the pedestrian protection score was 85.50%, and the active safety score was 89.20%, making it the top performer in all three sectors among the first batch of released models, far exceeding the average level. This reflects the commitment of Ideal Autos to achieving the highest safety standards for family vehicles, setting a new height in safety.