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Express News | Shares of US-listed Chinese Stocks Are Trading Higher Following a Report Indicating Additional Chinese Fiscal Stimulus After a Key Economic Meeting in December
Ambarella Stock Soars 14%. How High It Can Go After Earnings Beat Expectations. -- Barrons.com
DBS Sticks to Its Buy Rating for XPeng, Inc. ADR (XPEV)
U.S. stocks closed: The Dow and S&P reached all-time highs, while general motors plunged nearly 9%.
① Most technology giants rose, only Tesla fell; ② Eli Lilly and Co rose by 4.5%, as Biden proposed health insurance coverage for weight loss drugs; ③ The Chinese concept stock Jinlong Index fell by 0.8%, Nio fell by 7.7%; ④ Apple proposed to increase investment by 0.1 billion US dollars to seek to lift the sales ban, but was rejected by the Indonesian government.
Shinry Technologies (300745.SZ): has always maintained a long-term stable cooperative relationship with Xiaopeng autos.
On November 26, Gelonghui reported that shinry technologies (300745.SZ) stated on the investor interaction platform that as a supplier to Xiaopeng autos, shinry technologies has maintained a long-term stable cooperative relationship with Xiaopeng autos. The company has been cooperating with Xiaopeng autos since 2017, continuously innovating and developing together. With high-quality products and a stable supply capability, the company was awarded the 'Business Partner Award' by Xiaopeng autos. The company will continue to work hand in hand with Xiaopeng autos to jointly promote the development of high-end intelligent electric vehicles. At the same time, the company will continuously pursue technological innovation and product iteration upgrades to provide customers with even higher quality.
Under the dual pressures of 'price wars' and electrification transformation, this year will see 4,000 4S stores close down. Traditional dealers are 'abandoning' rbob gasoline vehicles and embracing new energy.
① The deputy secretary-general of the China Automobile Dealers Association, Lang Xuehong, recently predicted that the number of 4S stores expected to withdraw from the market this year will reach 4,000. ② In the past year, more than 40 traditional luxury brand dealers have chosen to switch to Nio. ③ Zhongsheng Hldg announced that it has signed a preliminary agreement with Chongqing Sokon Industry Group Stock, and both parties agree to further negotiate on the cooperative distribution of new energy fund.
Dragon Fish : Overnight up 3.71% already. You didn't see it?
Cui Nyonya Kueh OP Dragon Fish : All green, except Nio red colour.
TMW1986 : Short sellers are back with more shorts. Tough fight. Hope bulls can unite.
Cui Nyonya Kueh OP TMW1986 : seems like a dead cat bounce... hsi futures so fast red liao