Is the "Spring Fluctuation" market starting? Hong Kong stocks of New energy Fund have a short-term surge, and domestic brands' sales exploded in February.
① Hong Kong stocks of New energy Fund have seen a short-term rise; what bullish factors are catalyzing the market? ② Domestic brands saw explosive sales in February; what are the highlights?
Tesla Rival XPeng Eyes $13.8 Billion Investment In Humanoid Robots, Says Chinese State Media
China's Xpeng May Invest up to $13.8 Billion in Humanoid Robots, State Media Reports
Express News | In overnight trading, US-listed Chinese companies' shares rebound, Alibaba and Bilibili climb 3%, EV makers surge. XPeng rises 5%, Li Auto up 4%, NIO Inc soars 7%. US-listed Chinese ETFs trade higher.
Hong Kong stocks are moving | Xiaopeng Autos-W (09868) jumped over 6%, with the new G6 and G9 set to be launched soon. Plans for mass production of industrial L3 humanoid Siasun Robot&Automation and flying Autos next year.
XPeng Autos-W (09868) rose over 6%, as of the time of reporting, up 6.11%, priced at 94.7 Hong Kong dollars, with a transaction volume of 0.961 billion Hong Kong dollars.
Citigroup: Upgraded Xiaopeng Autos-W (09868) rating to "Buy" and raised the Target Price to 113.00 HKD.
Citigroup pointed out that Xiaopeng Autos has expressed its commitment to investing in the AI/Siasun Robot&Automation field, and if it makes significant progress in this area, there is a risk of increasing its valuation.
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