ZK241220P22500
- 0.05
- 0.000.00%
ZEEKR Newsroom
China's New-Energy-Vehicle Sales Could Grow 25% to 30% Next Year -- Market Talk
Why Is ZEEKR (ZK) the Best Small Cap EV Stock to Invest In?
HAITONG SEC: Initially rated the Speedtech Fusion as "outperform the market" with a Target Price of 46.2 Hong Kong dollars.
HAITONG SEC released a research report stating that it initiates coverage of RoboSense (02498) with an "Outperform Market" rating, predicting its revenue for 2024-2026 to be 1.73/3.28/4.6 billion yuan respectively, with a Target Price of 46.2 HKD. RoboSense was established in 2014 and is headquartered in Shenzhen, being a leading Lidar Technology company in China, with products that include Lidar Hardware, HyperVision integrated perception Software, and integrated solutions. The main points from HAITONG SEC are as follows: adhere to the self-research strategy for chips. Focus on Lidar technology based on self-developed chips.
The Dow barely ended its longest continuous decline in 50 years, Micron fell by 16%, the US dollar reached a two-year high again, and US bonds, oil, and Bitcoin all dropped.
U.S. stock market's other Indexes turned down towards the end, Tesla rose by nearly 4% before closing down, NVIDIA reached a high of 4%, and Micron Technology had its steepest decline in five years. The yield on the 10-year U.S. Treasury bonds briefly increased by nearly 10 basis points approaching 4.60%, close to a seven-month high, while short-term bond yields fell, with the 2/10-year yield spread at its widest in two and a half years. The Bank of England held rates steady, but more officials supported a rate cut, leading to a decline in the British Pound. The Governor of the Bank of Japan suppressed interest rate hike expectations, causing the yen to fall towards 158, and the offshore renminbi briefly dropped below 7.32 yuan to its lowest in 15 months. Bitcoin fell by 5%, approaching $0.096 million. Spot Gold rose by 1.6% before narrowing back below $2,600, while the futures silver fell by 5%, and U.S. crude oil fell below $70.
Express News | Intellias: Strategic Partnership With Zeekr Technology Europe
California Gas Car Ban Wins Biden Blessing in Clash With Trump
US stocks move | Three new models will be unveiled at CES, ZEEKR (ZK.US) rose over 4%.
On Tuesday, ZEEKR (ZK.US) rose over 4%, closing at $28.20.
Intellias Announces Strategic Partnership With Zeekr, Expanding Their Software Engineering Team in Europe
Zeekr to Present 3 Models at CES 2025, Showcasing Its Strongest Products to US Audience
Trump Transition Team Proposes EV Policy Rollback
Zeekr Rolls Out 7X SUV in Europe, Deliveries to Begin in Summer 2025
A year-on-year increase of 32%! Global electric vehicle sales have set historical highs for three consecutive months, with China accounting for 70% of the market.
The performance of the China market is impressive, with sales in November growing by 50% year-on-year to reach 1.27 million vehicles, accounting for about 70% of Global total sales. Overall Auto sales in China for November increased by 16.6% compared to the previous year, marking the highest growth rate since January this year. BYD is expected to exceed the annual Global sales target and surpass Ford and Honda.
The Nasdaq fell to 0.02 million points, Adobe plummeted more than 13%, the China concept Index rose against the trend, and Bitcoin dropped below 0.1 million dollars.
In November, USA PPI inflation exceeded expectations, with the market betting on a pause in interest rate cuts in January next year. The Dow has fallen for six consecutive days, with NVIDIA experiencing the largest drop of 2.5%. Tesla, Meta, Google, and Amazon have moved away from their highs, uranium mining stocks have declined, but Apple reached a new high. Broadcom rose nearly 5% in after-hours trading, and Chinese stocks Baidu and PDD Holdings increased by over 1%. Bond yields in Europe and the USA have risen significantly, and after the European Central Bank cut interest rates, the euro fell to a one-week low, before rebounding. The dollar reached a two-week high, while the offshore yuan once rose over 200 points, breaking through 7.26 yuan. Commodities generally fell, with spot gold down over 2% and spot silver down over 4% during the session.
China's Auto Sector Gets Boost From National Trade-in Policy in November
The NASDAQ broke through 0.02 million points for the first time, Tesla led a group of tech giants to a new high, and Bitcoin climbed to 0.1 million dollars
The Dow and Apple fell, the Nasdaq rose nearly 2%, Tesla and Google rose nearly 6%, while Meta, Amazon, and Netflix all reached new highs. NVIDIA rose over 3%, Broadcom rose nearly 7%, Super Micro Computer once dropped over 8%, the decline of Chinese concepts narrowed, and Fangdd Network turned to rise over 11%. The U.S. November CPI confirms interest rate cut bets for next week, with a pause on rate cuts expected in January next year. The dollar and U.S. Treasury yields rebounded in a V-shape, while spot Gold reached its highest level in five weeks. The yen plunged below 152, while the offshore yuan once dropped over 300 points, falling below 7.29 yuan. After a significant interest rate cut by the Bank of Canada, the Canadian dollar and Canadian bond yields turned to rise, and oil prices increased by about 2%.
China Central Economic Work Conference: A Key Indicator for Future Market Trends
China Auto Body Seeks Subsidy Extension as EV Exports Take Hit
10 Consumer Discretionary Stocks Whale Activity In Today's Session
Tonight, Chinese concepts soared! The nasdaq Golden Dragon index surged by 10%, while fangdd network doubled directly.
Some analysis indicates that the Political Bureau meeting first mentioned stabilizing the stock and real estate markets, and the US stock market quickly rallied on china assets. The 3x Long FTSE china etf surged over 26%, the 2x Long china internet plus-related stocks rose over 22%, the 2x Long FTSE china 50 ETF increased over 17%, and the 2x Long 300etf gained nearly 15%.
Electric Vehicle Stocks Rip Big Gains After Beijing Developments