US Market September Movers & Shakers: China-linked Stocks Surge, Vistra Outshines Nvidia as Top S&P 500 Performer So Far in 2024
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Express News | Ishares MSCI China ETF up 2.2%
Express News | Li Auto up 9.5%, JD.com up 5.3%, NIO up 15.8%, Xpeng up 6.7%
Express News | Shares of US-listed Chinese Companies Are Trading Higher on Continued Strength Amid Stimulus Efforts. September PMI Data Beat Estimates but Factory Activity Fell, Which May Raise Stimulus Hopes
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Express News | IQIYI Shares up 12%, Gaotu Techedu up 12.4%, HUYA up 5.9%, TAL Education Group up 10.9%, New Oriental Education & Technology Group up 6.3%
Express News | Alibaba Shares up 5%, Bilibili up 8.5%, Li Auto up 7.8%, JD.com up 7.2%, PDD Holdings up 5%
Express News | U.S.-Listed Shares of Chinese Cos Rise Premarket as Domestic Stocks Extend Rally
Hong Kong stocks surge | Auto stocks collectively rise, Cui Dongshu expects a 34% year-on-year increase in domestic new energy passenger vehicle retail sales, with the continuous effort of the trade-in policy.
Auto stocks collectively rose, as of the time of publication, nio inc-SW (09866) rose by 16.48%, trading at 56.2 Hong Kong dollars; xpeng-W (09868) rose by 13.82%, trading at 33.35 Hong Kong dollars; li auto inc-W (02015) rose by 9.07%, trading at 108.8 Hong Kong dollars; guangzhou automobile group (02238) rose by 5.94%, trading at 3.03 Hong Kong dollars; byd company (01211) rose by 3.77%, trading at 286.2 Hong Kong dollars.
Market Chatter: Number of Chinese-Made EVs Sold in Europe Tumbles 48%
Trending Industry Today: XPENG-W Leads Gains In Electric Vehicles Stocks
Trending Industry Today: XPENG-W Leads Gains In Automobile Stocks
Mainland new energy vehicle sales are expected to increase by over 30% year-on-year, with Nio Inc's stock price soaring nearly 20%.
① How to evaluate the impact of European and American sanctions on the new energy vehicle industry? ② What is the reason for the rise in nio inc's stock price?
Electric vehicle companies generally rise, with Nio Inc (09866) up 22.18%. Cui Dongshu: Mainland autos will not be 'strangled'.
Jingu Finance News | New energy vehicle companies generally rose. As of the time of publication, NIO Inc (09866) rose by 22.18%, Evergr Vehicle (00708) rose by 12.31%, Xpeng (09868) rose by 9.31%, Leapmotor (09863) rose by 6.48%, LI Auto Inc (02015) rose by 5.06%. On the news front, the Secretary-General of the China Passenger Vehicle Market Information Joint Conference, Cui Dongshu, stated at the 'World New Energy Vehicle Conference' that it is expected that the mainland's retail automobile sales will reach 22.3 million units by 2024, with an annual growth of 3%. It is estimated that the mainland's retail sales of new energy passenger vehicles will reach 1,04
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Hurting others does not benefit oneself! Biden plans to ban china's internet-connected car software and hardware. US Department of Commerce: may cause a decline in US auto sales.
The data from the U.S. Department of Commerce shows that if the proposed restrictions on China's networked vehicle software and hardware, as well as related regulations on complete vehicles, are implemented, U.S. auto sales could decrease by up to 25,841 vehicles per year, while car prices may increase, further raising the cost of living for American consumers.