Market Chatter: Hong Kong Considering Some EV-Friendly Changes in Traffic Laws
NIO Inc Options Spot-On: On December 4th, 143.49K Contracts Were Traded, With 3.42 Million Open Interest
Nio Adds 120 Swap Stations in China in Nov, Offers 2.32 Million Battery Swaps
DBS Sees Over 60% Upside in NIO Shares
NIO (09866) saw its afternoon gains expand to nearly 6%, with multiple institutions bullish on the support for its fourth-quarter sales growth.
Jinwu Financial News | NIO (09866) saw an expanded increase in the afternoon, rising 5.77% to HKD 37.55, with a transaction volume of 0.138 billion HKD. CICC indicated that against the backdrop of global electrification and tightening trade policies, there is a bullish outlook for China's leading electric vehicle manufacturers with relatively well-established local production capabilities. Leveraging mature electric products, continuous technological innovation, and a comprehensive distribution network, these companies are gradually opening up growth potential in overseas sales. Guolian Securities previously pointed out that looking ahead to the fourth quarter, the company guided for quarterly sales of 0.072-0.075 million, indicating that the production of the Lidao brand can ramp up to 0.01 million units in December.
Nio Expects Onvo Sub-brand to Sell Around 240,000 Units in 2025, Report Says
NIO-SW continues to rise by over 5%, and the Lido brand is expected to become the main driver of sales growth.
NIO-SW (09866) continued to rise in early trading, with a 4.93% increase in stock price, now at HK$37.25, with a turnover of 65.6833 million HK dollars. Guolian Securities previously pointed out that looking ahead to the fourth quarter, the company guided sales volume for the fourth quarter to be 0.072-0.075 million, and indicated that the production volume of the Leador brand in December could ramp up to 0.01 million. Currently, with sufficient orders in hand, we expect production capacity to be fully converted into sales volume. Therefore, NIO brand sales in the fourth quarter may be relatively weak, and the Leador brand will become the main source of sales growth. On the revenue side, the company guided fourth-quarter revenue to be approximately 196.76-203 million dollars.
Nio ET7, EC7, ES8 See Slightly Longer Wait Times
Options Market Statistics: BofA Warns of Intel Split After CEO Resignation; Options Pop
The Nasdaq index reached a new high, French stocks rose, the south korea etf narrowed after a 7% drop, and the offshore yuan briefly fell below 7.31 yuan.
South Korean President Yoon Suk-yeol abruptly declared a state of emergency, boosting safe-haven assets such as U.S. Treasury bonds, Japanese yen, and gold, while cryptos on the South Korean exchange plunged. The South Korean parliament quickly passed a resolution to lift the state of emergency, with the Ministry of Finance and the central bank actively working on market rescue measures. After a 2.7% drop to a two-year low, the won’s decline was cut in half, South Korean etfs fell by 1.6%, and the yield on 10-year U.S. Treasury bonds turned to increase after hitting a new low in over a month. France is set to vote on dissolving the government as early as Wednesday, with French stocks following European markets upward, although they had previously declined during the day. The Dow Jones, small cap stocks, and semiconductor indices fell, while the China concept index once rose by 1.9%. The yuan hit a new low in a year during the day, and U.S. oil rose nearly 3% testing the $70 mark.
Hong Kong stocks morning report on December 4: The situation in south korea causes a huge shock in asset prices, while the trends of china concept stocks show divergence.
① South Korea's President Yoon Suk-yeol suddenly launched an emergency martial law, but Congress resisted and voted to reject it. ② The USA's labor market shows subtle changes: the number of job vacancies rebounds. ③ The number of CEOs leaving their positions in the USA this year has reached a record high. ④ Yen arbitrage trading is thriving, and the Bank of Japan is reaching for the "interest rate knife." ⑤ The three major US stock indexes had mixed results, with the Nasdaq and the S&P 500 index continuing to set new closing highs, while the trend of china concept stocks showed divergence.
U.S. stocks closed: The S&P reached a historic high for the 55th time this year, while the index of Chinese concept stocks had four consecutive days of gains.
① The S&P and Nasdaq hit new highs, but the momentum is weak; ② A "nightmare" occurred with the south korea etf; ③ Tesla's "bullish investors" announced they will no longer go ALL-IN; ④ Apple is assessing the use of amazon chips to train AI models.
NIO Inc Options Spot-On: On December 3rd, 287.05K Contracts Were Traded, With 3.34 Million Open Interest
DBS Sticks to Its Buy Rating for NIO Inc. Class A (9866)
Wisdom Shares (301600.SZ): The company has a stable and diverse group of high-quality customers, including SAIC Motor Group, BYD, NIO autos and other large independent brand vehicle manufacturers.
Gelonghui Dec 3 | Huihan shares (301600.SZ) stated in investor relations that the company's eCall overseas testing certification layout is relatively early, being one of the few domestic suppliers that have simultaneously obtained EU eCall certification, United Nations Economic Commission for Europe UN-R144 standard certification, and UAE eCall certification, which can help the international development process of independent brand automakers. The company has a stable, wide range of high-quality customer base, including SAIC Group, BYD, Chery Autos, Geely Autos, Great Wall Motor, Guangzhou Automobile Group, Ideal Autos, NIO Autos, and other large independent brand vehicle manufacturers. Domestic OEMs
China Nov NEV Wholesale at Record 1.46 Million, CPCA Estimates Show
NIO Inc.'s Strategic Expansion and Innovation Drive a Positive Outlook Amid Short-Term Challenges
At the end of the year, the "sales boost battle" in the car market has begun: multiple car companies have updated the December car purchase benefits, with BYD's terminal prices showing a slight loosening.
BYD has launched various popular car models with different levels of discount policies in December. leapmotor, which has already completed its annual sales target ahead of schedule, updated the car purchase benefits for December on December 2nd.
Market Chatter: Chinese EV Makers Look to Hong Kong as International Launchpad
bocom intl: Each automaker is striving to meet its annual sales targets, bullish on the performance of electric vehicles in December.
Zhito Finance APP learned that Bocom intl released a research report stating that in November, several automakers such as BYD Co., Ltd. (01211), leapmotor (09863), and Xpeng Inc. (09868) achieved monthly delivery highs, mainly benefiting from policy subsidies and efforts from automakers and dealers to meet annual sales targets, with 10 automakers collectively seeing a 67.4% year-on-year increase in sales.