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Reported Sunday, XPeng Delivered 30,895 Smart EVs In November 2024, Up 54% YoY
Hong Kong stock market morning report on December 3: The NASDAQ and S&P in the US set new highs again. China Resources consortium acquired a land plot for 18.5 billion yuan.
① The manufacturing index from the usa Supply Management Association rose by 1.9 points, with most categories in the index showing improvement. ② The French Prime Minister announced a bypass of parliament to forcibly pass the budget bill. ③ Federal Reserve Governor Waller expressed a tendency to lower interest rates again in December. ④ The usa Department of Commerce released new export control measures on semiconductors to China, and the Department responded. ⑤ The usa stock market's Nasdaq and s&p 500 index both reached new historical highs.
Top Gap Ups and Downs on Monday: TSLA, NET, STLA and More
Nasdaq, S&P hit new highs, French stock and bond yields fluctuate and rise, Euro once fell more than 1%, Dollar rose.
On the first trading day of December, Cyber Monday shopping amounts will break records, with the Nasdaq and Chinese concept stocks rising about 1%, and the chip index leading with a 2.6% increase, while the Dow fell from its peak. Tesla soared over 4% during the day, intel rose nearly 6% before turning negative, super micro computer surged nearly 29%, and Xpeng autos climbed over 5%, but Li Auto dropped nearly 4%. The French government faces a vote of no confidence, causing French stocks to briefly fall over 1%, and the spread between French and German government bond yields approached the widest in twelve years. US henry hub natural gas fell over 4%, the indian rupee hit a new low, and the offshore yuan dropped over 400 points, falling below 7.29 yuan.
XPeng Shares Are Trading Higher: What's Going On?
NIO, XPeng & Li Auto Provide Delivery Results for November
Dragon Fish : How can Nio deliver above 30k unless Nio model sales pick up again to above 20k? With capacity constraints it is unlikely to achieve that. Unless Nio has a lot of unsold stocks on hand. If the sales team can work extra hard maybe it is achievable. Nio offers very good freebies to attract more sales in Dec. Loss also nevermind. Face is very important now.
TWeiT OP Dragon Fish : Nio’s ONVO L60 has a wait time of 8-10 weeks, a backlog of orders easily more than 10K, they need to bring the supply chain up to speed.
Cui Nyonya Kueh : Also if Onvo cannot hit 10k Ai needs to resign