Earnings Preview: XPeng to Report Financial Results Pre-market on November 19
Xpeng Flying Car Debuts At China Airshow
U.S. stocks closed: Powell suppressed rate cut expectations, the three major indexes accelerated their decline in the last minutes.
1. China concept stocks were generally down, with the Nasdaq Golden Dragon Index falling by 1.81%; 2. The Trump transition team is planning to cancel the $7,500 tax credit for electric autos; 3. Ford was fined $0.165 billion for failing to comply with recall requests; 4. Blackrock aggressively bought Apple in Q3 and continued to increase its shareholding in the 'Big Seven' companies.
Reports suggest that the Trump team plans to cancel the $7,500 tax credit for electric autos, leading to a sharp drop in electric car stocks.
The Trump team is considering canceling the $7,500 electric vehicle subsidy policy to fund its tax reduction plan. This policy is one of the measures adopted by the Biden administration to combat inflation. Trump supporters and the oil industry hope to cancel electric vehicle tax incentives, while the auto industry groups are calling for retention. Musk believes that canceling the subsidy policy will not have a significant impact on Tesla, but will rather cause more trouble for competitors. Electric vehicle stocks plummet, with Tesla down 5.77% and "Tesla rival" Rivian down 14.3%.
Behind the annual production of over 10 million autos in China's new energy vehicles: How is the market share 'battlefield situation' for each brand?
① In terms of the number of mandatory traffic accident insurance policies for electric vehicles, BYD holds a one-third market share in China, with Tesla and Wuling ranking second and third; ② In terms of retail sales of electric vehicles from January to October, BYD also accounts for one-third of the domestic market share, and Geely's market share has surpassed that of Tesla this year.
[Brokerage Focus] UBS Group: Market Feedback and Stimulus Measures for the Chinese Automobile Industry
Jingu Finance News | Summary: A UBS research report discusses the market feedback and government stimulus measures in the Chinese automotive industry. The report points out that investors generally expect the government to continue implementing economic stimulus policies before 2025, especially in the face of additional external tariff threats. However, the report believes that there is insufficient market concern about the sustainability of stimulus policies, as investors often attribute market performance to the new car launches of individual companies, or assume that subsidies will continue. The report predicts that if stimulus policies end, market demand may weaken, consumers may no longer be eager to buy cars, which could lead to a drop in stock prices. Key points: 1. Investment
China's Year-to-date NEV Production Surpasses 10 Million Mark
Hong Kong stocks morning report on November 14: real estate welcomes a large financial and tax package while most china concept stocks declined.
① The USA's CPI in October rose by 2.6% year-on-year, in line with market expectations. ② The three major US stock indexes had mixed results, with most china concept stocks declining. ③ The real estate sector is welcoming a financial and tax boost, with both deed tax and value-added tax decreasing. ④ The newly elected president of the USA, Trump, has nominated several people for important positions. ⑤ The usd hit a one-year high. ⑥ After bitcoin surged past 0.093 million dollars to reach a new high, it subsequently turned downward.
US stocks close: Inflation report eases market concerns, with mixed performances in the three major stock indexes. The Chinese concept stock index fell by 1%.
① Most china concept stocks declined, the nasdaq china golden dragon index fell by 1.09%; ② AMD will cut about 4% of its global workforce; ③ The low-cost aviation spirit airlines is on the verge of bankruptcy; ④ The likelihood of the Federal Reserve cutting interest rates by 25 basis points in the December meeting exceeds 82%.
What's Going On With US Listed Chinese Stocks Alibaba, JD, Nio, Li XPeng On Wednesday?
What's Going On With XPeng Stock Wednesday?
Xpeng Aeroht Says Its Modular Flying Car Gets 2008 Pre-orders at Airshow China
Passenger Vehicle Division: From November 1st to 10th, the retail sales of passenger vehicles reached 0.567 million units, a 29% year-on-year increase.
On November 13, according to the passenger vehicle subcommittee data, from November 1st to 10th, the passenger vehicle market retailed 0.567 million vehicles, a 29% year-on-year increase from the same period last November, a 3% decrease from the previous month. In total, 18.402 million vehicles have been retailed this year, a 4% year-on-year increase.
Cinda Securities: Bullish on the year-end autos' high prosperity continuing, sales growth rate expected to further rise.
Before the end of this round of trade-in policies, coupled with the peak season for year-end auto consumption, various car manufacturers have increased supply of new cars in the second half of the year, bullish on the continuation of high auto prosperity at the end of the year, and the expected further upward trend in auto sales growth will bring about excess returns in the auto sector.
Xpeng Enters Nepal, Begins Local Deliveries of G6
Top Gap Ups and Downs on Tuesday: HON, SHOP, SE and More
US stocks closed: 'Trump trade' cools down, with all three major indexes falling collectively. Chinese concept stocks plummeted more than 4%.
1. The shares of China concept stocks are generally falling, with the Nasdaq Golden Dragon Index in China falling by 4.45%; 2. Waymo is opening up its self-driving taxi services to all users in Los Angeles; 3. Apple is expected to launch AI-based smart home devices in March at the earliest; 4. Volkswagen will invest up to $5.8 billion in Rivian and its joint ventures.
XPeng Down Nearly 11%, on Pace for Largest Percent Decrease Since April 2023 -- Data Talk
Trending Industry Today: XPeng Leads Losses In Electric Vehicles Stocks
Express News | Shares of US-listed Chinese Stocks Are Trading Lower in Possible Reaction to President-elect Trump's Administration Picks, Which Could Raise Concerns of a Tougher China Stance