Zeekr's Lynk & Co Brand Likely to See Improving Profitability in 4Q -- Market Talk

WSJ02:54 ET

Explore new paths for the prosperity of the industry chain, considering the zeekr (ZK.US) Lynk & Co global strategy integration from the perspective of capital markets.

Recently, in the automotive market, the discussion about 'asking suppliers to reduce prices by 10%' has caused a stir. Following that, Tesla released an image about 'fast checkout', gaining positive feedback for the brand. At the same time, the outside world further took stock of the accounts payable turnover days of various car companies to see which ones performed better. From the above picture, it can be seen that in the first three quarters of 2024, Tesla's accounts payable turnover days were 66.24 days, Zeekr was 82.77 days, and Xiaomi Group was 88.71 days. Tesla is leading, the reason for which is easy to understand, while Zeekr is the top among China's independent brands. A new force established only 4 years ago like Zeekr can 'check out' so quickly, which is also impressive.

Gelonghui Finance01:12 ET

Zeekr Says 7X SUV Delivers Over 30,000 Units in 75 Days Since Launch

CnEVPost22:48 ET

The Nasdaq index reached a new high, French stocks rose, the south korea etf narrowed after a 7% drop, and the offshore yuan briefly fell below 7.31 yuan.

South Korean President Yoon Suk-yeol abruptly declared a state of emergency, boosting safe-haven assets such as U.S. Treasury bonds, Japanese yen, and gold, while cryptos on the South Korean exchange plunged. The South Korean parliament quickly passed a resolution to lift the state of emergency, with the Ministry of Finance and the central bank actively working on market rescue measures. After a 2.7% drop to a two-year low, the won’s decline was cut in half, South Korean etfs fell by 1.6%, and the yield on 10-year U.S. Treasury bonds turned to increase after hitting a new low in over a month. France is set to vote on dissolving the government as early as Wednesday, with French stocks following European markets upward, although they had previously declined during the day. The Dow Jones, small cap stocks, and semiconductor indices fell, while the China concept index once rose by 1.9%. The yuan hit a new low in a year during the day, and U.S. oil rose nearly 3% testing the $70 mark.

wallstreetcn18:09 ET

Zeekr Aims to Reach 1 Million Annual Sales in 2 Years After Integrating Lynk & Co

CnEVPostDec 3 02:40 ET

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.

wallstreetcnDec 2 17:40 ET