09868 XPENG-W
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China Offers Incentives to Boost Old Car Replacements, Analysts Expect up to 2 Million Additional Sales
China has issued policy details encouraging consumers to trade in old cars for new ones, starting to offer subsidies of up to RMB 10,000 ($1,380), effective by the end of the year.
Cui Dongshu: The release of implementation rules on car trade-in subsidies is a major benefit for the car market
On April 27, Cui Dongshu, Secretary General of the Passenger Transport Association, published an article stating that since the Spring Festival, consumers have been concerned about the trade-in policy and expect the policy to bring benefits to car purchases, so the implementation of the policy is a major benefit to the car market.
US stocks closed | PCE suspends inflation concerns, Google's performance soared more than 10% after that, and Nvidia rose more than 6%
The S&P Index rose 2.67% this week, and the NASDAQ rose 4.23%, all of which recorded the biggest weekly gain since November last year; the China General Index rose nearly 9% weekly, the biggest increase since July last year.
Top Gap Ups and Downs on Friday: SNAP, GOOGL, INTC and More
Gaps can show signals that something important has happened to the fundamental or the psychology of traders that accompanies this market movement.
Express News | NYSE Order Imbalance 315080.0 Shares on Buy Side
Express News | XPeng Shares Are Trading Higher Amid Overall Strength in Chinese Stocks
10 Consumer Discretionary Stocks With Whale Alerts In Today's Session
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth.
XPeng +10%, Fears Tariff Hike In Europe, Reportedly Considers Investing Abroad
Chinese electric vehicle (EV) manufacturer $XPeng(XPEV.US)$is reportedly considering overseas production amid an ongoing European investigation into Chinese-made EVs and regulatory adjustments.The Eur
Express News | Li Auto up 6.6%, JD.com up 5.2%, NIO up 8.9%, Xpeng up 11.3%
Skechers +13%, Reports Upbeat Earnings, Joins These Climbing Stocks
U.S. stocks were higher, with the Dow Jones jumping over 150 points on Friday.Shares of Skechers U.S.A., Inc. (NYSE:SKX) rose sharply during Friday's session after the company reported better-than-exp
APEV, PACB and BILI Are Among Premarket Gainers
Hong Kong stocks closed (04.26) | Hong Kong stocks rose strongly, Hengke Index surged 13% in a single week, leading the way in technology networks, domestic housing, and brokerage stocks
The Zhitong Finance App learned that Hong Kong stocks rose strongly today, and both the Hang Seng Index and China Index hit new highs in the new year. Among them, the Hengke Index had the strongest performance, surging more than 5% during the intraday period. At the close, the Hang Seng Index rose 2.12% or 366.61 points to 17651.15 points, with a full day turnover of HK$157.242 billion; the Hang Seng State-owned Enterprises Index rose 2.44% to 6269.76 points; and the Hang Seng Technology Index rose 4.61% to 3718.27 points. This week, the Hang Seng Index rose 8.8%, the China Index rose 9.1%, and the Hengke Index climbed 13.43%. CITIC Construction Investment pointed out that the core of the recent rise in Hong Kong stocks
Express News | Li Auto up 6.9%, JD.com up 4.8%, NIO up 5.8%, Xpeng up 8.1%
Changes in Hong Kong stocks | The Hang Seng Technology Index soared 13% this week, and most constituent stocks rose more than 4% in the afternoon. Institutions say Hong Kong stock liquidity has improved dramatically
The Hang Seng Technology Index rose more than 4% in the afternoon, with a cumulative increase of over 13% this week. In terms of constituent stocks, as of press release, Shangtang-W (00020) rose 24.1% to HK$1.03; Xiaopeng Motor-W (09868) rose 8.62% to HK$30.25; Kuaishou-W (01024) rose 6.63% to HK$56.3; and JD Group-SW (09618) rose 6.2% to HK$118.2.
Changes in Hong Kong stocks | Brilliance China (01114) rose more than 5%, leading auto stocks saw significant month-on-month growth in NEV sales in March, and industry sentiment is improving
Auto stocks continued to rise in early trading. As of press release, Brilliance China (01114) rose 5.12% to HK$6.36; Zero Sports (09863) rose 4.78% to HK$24.1; NIO SW (09866) rose 4.78% to HK$34; Xiaopeng Motor-W (09868) rose 4.49% to HK$29.1; and BYD shares (01211) rose 3.93% to HK$211.8.
Top Gap Ups and Downs on Thursday: META, AZN, CAT and More
Gaps can show signals that something important has happened to the fundamental or the psychology of traders that accompanies this market movement.
Express News | NYSE Order Imbalance 150947.0 Shares on Buy Side
CPCA Expects China's NEV Retail Sales at 720,000 in Apr, Flat From Mar
Price wars intensified in China's auto market in April, with overall discounts slightly higher than in March, the CPCA said.
Gu Hongdi, Vice Chairman of Xiaopeng Motors: It will take at least 5 years for robot taxis to be fully commercialized
Gu Yongping, vice chairman and co-president of Xiaopeng Motors, said in an interview on Thursday between the Beijing Auto Show that robot taxis will not become an important business for at least five years. This prediction seems at odds with Tesla CEO Elon Musk, who previously announced that the first robot taxi will be released on August 8 this year. Gu Hongdi said that if robot taxis become popular, it will have a revolutionary impact on transportation, “but it is necessary to actually achieve full commercial operation. I think it will take more than 5 years.” He said, “Currently, we don't take this into account when launching and planning sales
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