Geely-Backed EV Maker Zeekr Targets $5.1B Valuation in IPO
By Ben Glickman Geely Automotive-backed electric-vehicle maker Zeekr Intelligent Technology Holding is targeting a valuation of up to $5.12 billion in its initial public offering, the company said Fr
NIO Inc. (NIO) Stock Sinks As Market Gains: Here's Why
Geely-Backed Zeekr Expects to Offer 17.5M ADSs in IPO at Price Between $18 and $21 Each
Geely-Backed Zeekr Expects to Offer 17.5M ADSs in IPO at Price Between $18 and $21 Each
NIO Inc Options Spot-On: On May 3rd, 153.69K Contracts Were Traded, With 2.79 Million Open Interest
On May 3rd ET, $NIO Inc(NIO.US)$ had active options trading, with a total trading volume of 153.69K options for the day, of which put options accounted for 28.35% of the total transactions, and call o
Express News | NYSE Order Imbalance 724847.0 Shares on Buy Side
Benzinga's 'Stock Whisper' Index: 5 Stocks Investors Secretly Monitor But Don't Talk About Yet
Each week, Benzinga's Stock Whisper Index uses a combination of proprietary data and pattern recognition to showcase five stocks just under the surface and warrant attention.Investors are constantly o
[Broker Focus] Guoxin Securities maintains BYD's share (01211) purchase rating and is expected to maintain its lead in competition and further expand its share
Jinwu Financial News | According to Guoxin Securities Research, BYD's (01211) results showed that the company's revenue for the first quarter of 2024 was 124.94 billion yuan (same below), up 3.97% year on year; net profit attributable to shareholders was 4.57 billion yuan, up 10.6% year on year; net profit attributable to non-shareholders was 3.75 billion yuan, up 5.2% year on year. The company's overall gross margin for the first quarter of 2024 was about 21.9%, roughly the same as the third and fourth quarters of 2023, and remained relatively high. The bank expects the company's total Q2 car sales to continue to grow rapidly. The main reasons are as follows: 1. Public
Hong Kong stocks closed (05.03) | Hang Seng Index closed up 1.48%, Technet stocks and gaming stocks once again strong, Fast Dog Taxi (02246) surged 1.25 times during the intraday period
Overnight, the Nasdaq China Golden Dragon Index surged 6%, driving today's technology stocks collectively higher. The Hengke Index once reached the 4,000 mark in early trading; the Hang Seng Index recorded “nine consecutive gains”, setting a record for the longest continuous rise since 2018.
Don't Rate Tesla's Full Self Driving Too Highly, Tech Investor Says: 'By No Means Autonomous Driving'
Mark Hawtin, GAM's investment director focused on technology, told CNBC expectations surrounding the capabilities of Tesla's Full Self Driving product in China are misleading.
China's Automakers Must Adapt Quickly on the EV Boom in the Face of Regulatory Scrutiny Abroad
Adoption of battery and hybrid-powered cars has surged in China, but an onslaught of new models has fueled a price war, while regulatory scrutiny grows abroad.
[Hong Kong Stock Connect] Tianqi Lithium (09696) rose 5.8%, Citi expects it to turn a loss into a profit in the second half of this year
Jinwu Financial News | Tianqi Lithium (09696) had a strong stock price in early trading. It was tentatively reported at HK$33.75, up 5.8%, with a turnover of HK$6.812 million. According to the news, Citi raised Tianqi Lithium's stock rating because it is expected that the lithium product manufacturer will turn a loss into a profit starting in the second half of this year, and the ratings for both A shares and H shares have been raised to buy.
Changes in Hong Kong stocks | Xiaopeng Automobile-W (09868) opened more than 8% and led the auto stock market in April, sales of new power car companies were steady, and trade-in is expected to boost demand
Auto stocks collectively opened higher. As of press release, Xiaopeng Automobile-W (09868) rose 8.35% to HK$37; Ideal Automobile-W (02015) rose 7.06% to HK$115.2.
Zhitong Hong Kong Stock Connect Capital Flow Statistics (T+2) | May 3
Zhitong Hong Kong Stock Connect capital flow|May 3
Xiaopeng Motor-W (09868.HK) gains 4.1866 million shares from J.P. Morgan
Gelonghui, May 3 | According to the latest equity disclosure data on the Stock Exchange, on April 26, 2024, Xiaopeng Automobile-W (09868.HK) obtained JPMorgan Chase & Co. to increase its position by 4.186,600 shares at an average price of HK$29.60 per share, involving approximately HK$124 million. After the increase in holdings, JPMorgan Chase & Co.'s latest number of open positions was 81.22,500 shares, and the holding ratio increased from 4.99% to 5.27%.
NIO Inc Options Spot-On: On May 2nd, 322.45K Contracts Were Traded, With 2.72 Million Open Interest
On May 2nd ET, $NIO Inc(NIO.US)$ had active options trading, with a total trading volume of 322.45K options for the day, of which put options accounted for 26.9% of the total transactions, and call op
Options Corner: NIO Sees Whales Taking Bullish Stance
Investors with a lot of money to spend have taken a bullish stance on NIO (NYSE:NIO).And retail traders should know.We noticed this today when the trades showed up on publicly available options histor
Express News | NYSE Order Imbalance 666298.0 Shares on Buy Side
Nio's EV Deliveries Soared by 134% Year-over-year in April
Cui Dongshu: World car sales reached 8.15 million units in March, up 34% month-on-month
China accounts for 33% of the world's automobile share in March 2024
Express News | Shares of Chinese EV Stocks Are Trading Higher on Continued Strength After Multiple Companies in the Sector Reported Apr. Delivery Figures on Wednesday