U.S. stock market anomaly | Electric vehicle stocks rise, xpeng (XPEV.US) up nearly 5%.
Electric vehicle stocks are rising, as of the deadline, xpeng car has risen nearly 5%.
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Express News | Li Auto up 2.1%, JD.com up 2.4%, NIO up 3.9%, Xpeng up 4.9%
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Soochow Securities: Q3 overall automotive industry sentiment improves, single vehicle profits generally improve month-on-month.
In the third quarter of 2024, the overall prosperity of the automotive industry is improving. In terms of the third quarter alone, Hong Kong-listed automotive symbols still achieved high excess returns despite the overall good performance of Hong Kong-listed automobiles.
Stock market anomaly | Xpeng-W (09868) rose more than 5%, P7+ listing imminent, October delivery volume hits another monthly historical high.
Xpeng-W (09868) rose over 5%, once again leading electric vehicle companies. As of the time of publication, it rose by 5.01%, reaching 50.1 Hong Kong dollars, with a turnover of 0.979 billion Hong Kong dollars.
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Hong Kong stocks are on the move | Auto stocks collectively rise, with a 58% year-on-year increase in wholesale sales of new energy passenger vehicles in October, and the subsequent auto market is expected to remain strong.
Auto stocks collectively rose. As of the press time, Geely Auto (00175) rose by 3.87% to HK$15.04; Xpeng Auto-W (09868) rose by 3.67% to HK$49.45; Leapmotor (09863) rose by 3.25% to HK$33.35; Nio Inc-SW (09866) rose by 2.96% to HK$41.8.
Auto stocks generally rose, with Xpeng (09868) up over 4%. The China Association of Automobile Manufacturers expects a nearly 60% year-on-year increase in wholesale sales of new energy passenger vehicles nationwide in October.
Jingwu financial news | Automotive stocks rose across the board, with Xpeng (09868) up 4.09%, Geely Auto (00175) up 3.45%, Leapmotor (09863) up 3.41%, Nio Inc (09866) up 3.2%, Guangzhou Automobile Group (02238) up 2.08%. The China passenger vehicle market information joint meeting will estimate that the national new energy passenger vehicle manufacturers' wholesale sales volume in October is 1.4 million vehicles, a 58% year-on-year increase and a 14% month-on-month increase based on preliminary monthly data. Sinolink Securities report pointed out that from the perspective of industry prosperity, the electrification and overseas industrial cycle have not ended yet, independent brands.
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Citi Maintains XPeng(XPEV.US) With Hold Rating, Maintains Target Price $14.6
Bocom Intl: It is expected that the sales volume of new energy vehicles in mainland China in the fourth quarter will continue to see a high year-on-year increase.
bocom intl is bullish on the fourth quarter sales performance of new energy vehicles in 2024.
Most auto stocks retraced. Li Auto Inc. (02015) fell by 2.42%. Institutions believe that the replacement policy for old cars with new ones will continue to drive the auto market.
Gold Guard Financial News | Most auto stocks experienced a pullback, li auto inc (02015) dropped by 2.42%, geely auto (00175) dropped by 2.07%, xpeng (09868) dropped by 1.26%, great wall motor (02333) dropped by 1.23%, Xiaomi Group (01810) dropped by 1.1%. BYD Company (01211) dropped by 1.04%.
US stocks closed: Trump, Harris concept stocks rose together, Chinese concept stocks remained stable and rose.
1. The market is filled with a wait-and-see attitude, with all three major indexes collectively falling. 2. Trump's media technology group rebounded after hitting bottom. 3. Photovoltaic and clean energy concept stocks strengthened collectively. 4. Reports claim that Nvidia will distribute Super Micro Computer orders to other suppliers.
XPeng Rises 8.2%