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Overnight news: US stocks closed lower, Chinese concept stocks broadly declined, large Technology stocks faced sell-offs, Google reported unstable morale, the South Korean won fell for five consecutive weeks, and the USA is closely monitoring the politica
To view more global financial News, please visit the 24/7 real-time financial news. Market Close: U.S. stocks closed lower on Friday, with major Technology stocks falling broadly. All three major indices recorded gains this week. On December 27, the top 20 U.S. stock transaction volumes showed that several domestic automotive companies launched price reduction promotion strategies, with Tesla dropping nearly 5%. On Friday, popular China Concept Stocks fell broadly, with NIO and Xpeng down over 4%, JD.com down over 3%, and Kingsoft Cloud rising over 23%. Crude Oil Product: Oil prices are rising towards the end of the year, and the market is focusing on risks in 2025. Gold futures in New York fell nearly 0.7% on Friday, reporting at $2635.70 per ounce. Major European stock indices collectively rose, with the German DAX30 Index up 0.6.
NIO Inc Options Spot-On: On December 27th, 142.67K Contracts Were Traded, With 3.38 Million Open Interest
Catalyst Watch: Eyes on Electric Vehicle Deliveries, Retail Data and Housing Reads
NIO Inc. Announces Tender Offer for Convertible Notes
Tesla Stock Falls for a Second Day. Why Shares Are Limping Into Year End. -- Barrons.com
Open-source Securities: In December, the demand for Passenger Vehicles reached a new high, and intelligent driving is expected to accelerate its penetration by 2025.
In December, the car market is expected to see rapid growth in sales due to the approaching policy deadlines, the accelerated effects of the trade-in policy, and the high demand for new cars. Both New energy Fund and RBOB Gasoline vehicles are expected to show growth, with the retail end's electrification rate projected at 52%.
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Cui Nyonya Kueh : I like the last paragraph... I think many ppl complaining every night because they never read disclaimer