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Tariff shocks hit the market, US Treasury yields reach new highs this year, S&P almost sees five consecutive declines, NVIDIA rises sharply after earnings reports, Chinese companies make a strong push, Alibaba is up nearly 4%, and Bitcoin continues to plu
Super Micro Computer rose by 12%, leading the S&P; Apple fell nearly 3%, leading the Dow; AppLovin dropped 12%. The pan-European stock index reached a historical high. After Trump mentioned tariffs, the Mexican peso, Canadian dollar, and euro turned to rise briefly, setting a new daily high. Bitcoin fell by over $7,000 during the session, dropping below the 0.083 million threshold. Crude Oil Product continuously hit new lows for the year. Gold turned to rise after approaching a one-week low.
Express News | China's Zeekr Group: Lynk & Co 08 Plug-in Hybrid SUV to Go on Sale in Europe in June, Priced From 52,995 Euros in Selected European Markets
China EV Insurance Registrations for Week Ending Feb 23: Nio 2,500, Onvo 1,400, Tesla 7,000, Xiaomi 6,400, BYD 59,100
Zeekr 007 GT Makes Real-life Debut, Launch Set for Mid-Apr
Deutsche Bank: Gives Geely Autos (00175) a "Buy" rating and raises the Target Price to 20 Hong Kong dollars.
Zhejiang Geely recently announced the completion of the Lynk & Co brand restructuring, expecting to record a non-cash gain of 6.47 billion yuan this year.
Cui Dongshu: Raises the retail volume forecast for Passenger Vehicles in 2025 to 23.43 million units.
2025 Passenger Vehicle export forecast: In 2025, Passenger Vehicle exports are predicted to be 5.27 million units, an increase of 10%, with the total forecast decreasing by 0.03 million units compared to the prediction made in January.
