The EU may adjust tariffs on electric autos from China, with NIO rising over 4%, leading Hong Kong's auto stocks.

① How did china's automotive export data perform in October? ② What are the institutions' expectations for the chinese automotive market in November?

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Weekend news: The total amount of usa national debt exceeds 36 trillion dollars. Anthropic receives another 4 billion dollar investment from amazon. Tesla and Rivian reach a conditional settlement.

For more global financial news, please visit 24/7 real-time financial news. Market review last week: The Dow rose over 400 points to a new high, with all three major stock indexes recording gains for the week. On November 22, the top 20 US stock turnover includes reports that Tesla is preparing for the Cybertruck to enter the Chinese market. Popular China concept stocks had mixed performance on Friday, with Wanxiang Reburn increasing by 9.2% and pdd holdings falling by 3.9%. US WTI crude oil rose 6.5% this week, escalating tensions between Russia and Ukraine driving up oil prices. Spot gold rose 5.7% in five days, regaining the $2,700 level. European stocks collectively closed higher, with the German DAX 30 index rising by 0.8%.

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Cui Dongshu: In October, China's automobile exports reached 0.59 million units, a year-on-year increase of 11%.

Cui Dongshu, the secretary-general of the Passenger Car Association, stated that in October 2024, China's automobile exports reached 0.59 million units, an 11% year-on-year increase from October 2023 and a 3% decrease compared to last month, with stable year-on-year and month-on-month trends.

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