Despite strong fundamentals, leading Chinese electric vehicle companies NIO $NIO Inc(NIO.US)$ , XPeng Motors $XPeng(XPEV.US)$ $XPENG-W(09868.HK)$ , and Li Auto $Li Auto(LI.US)$ $LI AUTO-W(02015.HK)$ have performed poorly in the stock market over the past year. In CITIC Securities' view, this is highly unreasonable.
In a research note released today, CITIC Securities analyst Yin Xinchi's team argues that...

XPeng Motor $XPENG-W(09868.HK)$ $XPeng(XPEV.US)$ shares traded in Hong Kong have been included in a mechanism that connects the Hong Kong and mainland stock markets, thus allowing mainland Chinese investors to buy them.
The Shenzhen Stock Exchange announced today that it has adjusted the list of Hong Kong-Mainland Stock Connect stocks to include XPeng Hong Kong shares, with effect from today.
The stock linking mechanism was launched ...

Although NIO $NIO Inc(NIO.US)$ , XPeng Motors $XPeng(XPEV.US)$ , and Li Auto $Li Auto(LI.US)$ have maintained strong fundamentals, their stocks started the new year with poor performance and did worse than other Chinese Internet companies.
What is causing this disconnect? What can change the sentiment? Deutsche Bank analyst Edison Yu's team offers a good logic for analysis.
Despite strong demand momentum heading into 2022 and a clear...

NIO $NIO Inc(NIO.US)$ is considering a secondary listing in Singapore as early as this year, as its plans to list in Hong Kong face regulatory scrutiny, IFR said today, citing people familiar with the matter.
IFR reported last March that NIO had selected Credit Suisse and Morgan Stanley to arrange its secondary listing in Hong Kong, which would involve up to 5 percent of its share capital.
With a Hong Kong listing hanging in limbo, NIO ha...

Two days before NIO $NIO Inc(NIO.US)$ begins locking in orders for its flagship sedan ET7, the company held a small communication to announce more information.
The first show cars for the NIO ET7 will be delivered to some stores in January and February, but they are engineering pilot cars and users will not be able to get inside, said Yang Bo, the company's head of sales program operations, at an event held in the evening of January 18.
All NIO stores ...

NIO's recent move to lease a new, more spacious local business headquarters building in the US has generated a lot of attention. Now, the company has responded to this.
This is a normal relocation of the US office and will use an office building that is more spacious and has more common areas for employees, local media outlet Sina Tech quoted NIO $NIO Inc(NIO.US)$ as saying.
After entering Norway in 2021, NIO's products and full-...

NIO $NIO Inc(NIO.US)$ has positioned itself as a "user enterprise" and has done a lot of innovation based on that.
The company is testing a web version of its chat interface, the first we've seen for an electric vehicle company.
This will largely facilitate chatting among its users and will also improve communication between its sales staff and potential consumers.
The company is offering both English and Chinese versions of the login...

Half a month before the Chinese New Year holiday, Tesla $Tesla(TSLA.US)$ has begun offering exclusive charging packages for users traveling during the holiday.
Tesla today announced the launch of a charging package priced at RMB 426 ($67), limited to 3,000 copies while supplies last.
Those who purchase the package can charge for free at any Tesla Supercharger station in China between January 26 and February 8, with no limit...

NIO has started to deliver the first firmware over-the-air (FOTA) update to Norwegian owners, marking the readiness of the company's software team to serve the local market.
Starting January 14, NIO $NIO Inc(NIO.US)$ vehicle owners in Norway will be able to receive the new system, Aspen 3.0.5 NO, which is the first OTA update from the Chinese electric vehicle maker outside of China.
NIO announced its entry into Norway on May 6, 2021, the...