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Tesla's China Shipments Fall for Second Month in a Row
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
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bullbearnme : XPEV is way better than NIO in handling the cost. Risk of bancruptcy in NIO is higher than XPEV.
Cui Nyonya Kueh OP bullbearnme : Many people or entrepreneurs have done their best to help William Li. I guess he hired wrong people.
People who have helped him:
1. Lei
2. Li Xiang
3. He Xpeng
bullbearnme : William Li said “ I have no fear of losing”
https://www.forbes.com/profile/william-li/
TWeiT : Can’t agree more, the right people is important. William Li can’t run everything. Last year was the most difficult learning period. G6 had mixed responses on its look but tech wise was very strong, first 800V platform fast charging but Pricing and delivery was poor, can’t deliver fast enough and keep cutting price later when orders ran away to newer cars. Cost and supply chain issues. Then, came Wang Fengyin to restructure the operations and sales channels. She frees He up to focus on technology and innovation. Now they seemed to have found the formula for hit models since MONA, then P7+.
74216494 bullbearnme : Shure. Most of the money, NIO loses, is not his money. Degree in sociology ... No wonder, he has no idea about sales or technology or business management. But he knows already, how to go bankrupt.