foryou Corporation (002906.SZ): Provides digital acoustic system solutions for multiple vehicle models of Chang'an, Autotalks, Jikke and BAIC, among other car companies.
Foryou Corporation (002906.SZ) stated on the investor interaction platform on June 14 that the company provides digital acoustic system solutions for multiple car models of Chang'an, Avita, Jike and BAIC and other automakers.
NEV Sales Growth Ahead for China: CAAM
The latest industry data have pointed to a continued rapid growth trend in the production and sales of new energy vehicles in China for May.
EU Tariffs on China EVs: Who Are the Winners and Losers?
The European Union announced it will hike tariffs to as high as 48% on electric Chinese imported vehicles. China has threatened retaliation across agriculture, aviation and cars with large engines. Bloomberg's Danny Lee reports.
Geely Auto (00175) surged more than 4% in Hong Kong stocks, and the delivery volume of JiKe Q1 increased by 117%. Institutions said that the potential impact of tariffs from the European Union is controllable.
Geely Auto (00175) has risen by over 4% according to the latest news on the WiseFinance app. As of the publication of this article, it has risen by 3.48% to HKD 9.21 with a trading volume of HKD 157 million. In terms of news, Ji Ke recently announced a first-quarter revenue of CNY 14.737 billion, a year-on-year increase of 71%; of which, the operating income from vehicle sales was CNY 8.174 billion, a year-on-year increase of 73%; the gross margin on vehicles was 14%, an increase of 3.9 percentage points from last year. Data shows that Ji Ke delivered approximately 33,100 vehicles in the first quarter of this year, a year-on-year increase of 117%. In the first five months of this year, Ji Ke sold approximately 68,000 vehicles, of which 4 ...
Overnight news: The Federal Reserve kept its benchmark interest rate unchanged for the seventh consecutive time. US May CPI was weaker than expected. Apple's market cap surpassed Microsoft's during trading hours.
For more global financial news, please visit the 7x24-hour real-time financial news market. Closing: S&P and Nasdaq hit new highs, the US Federal Reserve maintained interest rates unchanged. Top 20 US stock turnover on June 12: Apple hit a new high, briefly topped the US stock number one throne. US WTI crude oil rose 0.77% on Wednesday, and the market predicts that crude oil supply may be tight in the third quarter. China concept stocks rose and fell on Wednesday, with Taiwan Semiconductor up 4.4%, PDD Holdings up 2.8%, and Zhongtong down 2.3%. European stocks collectively rose, with the Euro Stoxx 50 index up 1.39%. Macro: The US Federal Reserve has maintained its benchmark interest rate unchanged for the seventh consecutive time.
Afternoon: Federal Reserve keeps interest rates unchanged, US stocks fluctuate and the Dow Jones index turns negative.
On the morning of the 13th Beijing time, US stocks were mixed in the afternoon of Wednesday, and the Dow turned down. The Federal Reserve kept interest rates unchanged and suggested that there will only be one interest rate cut this year. The May CPI data in the United States showed that inflation rapidly cooled, increasing the probability of a rate cut by the Federal Reserve in September. The Dow fell 62.80 points, or 0.16%, to 38,684.62 points; NASDAQ rose 279.22 points, or 1.61%, to 17,622.77 points; the S&P 500 index rose 43.40 points, or 0.81%, to 5,418.72 points. Apple has surpassed Microsoft to become the largest company by market cap on the US stock market again.
ZEEKR Intelligent Tech Price Target Raised to $36.00/Share From $35.00 by B of A Securities
ZEEKR Intelligent Tech Price Target Raised to $36.00/Share From $35.00 by B of A Securities
ZEEKR Intelligent Tech Is Maintained at Buy by B of A Securities
ZEEKR Intelligent Tech Is Maintained at Buy by B of A Securities
ZEEKR Intelligent Tech Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 06/12/2024 62.45% B of A Securities $35 → $36 Maintains Buy 06/06/2024 57.94% Deutsche Bank → $35 Initiate
BofA Securities Maintains ZEEKR(ZK.US) With Buy Rating, Maintains Target Price $36
BofA Securities analyst Ming-Hsun Lee maintains $ZEEKR(ZK.US)$ with a buy rating, and maintains the target price at $36.According to TipRanks data, the analyst has a success rate of 25.0% and a total
Geely Automobile's Zeekr Intelligent Technology Trims Losses in Q1 as Revenue Surges
Zeekr Intelligent Technology's attributable loss narrowed to 2.01 billion yuan, or 1.01 yuan per share, in the first quarter from 2.39 billion yuan, or 1.20 yuan per share, in the year-ago period. Rev
Jike has launched a battle for "sinking".
Author: Huang Yu, Editor: Zhou Zhiyu. The competition in new energy autos is fierce; no one can take it lightly. Even Chi-Kr is tilted with Geely's resources, it cannot slack off after a successful listing. Chi-Kr, which belongs to Geely and is hovering on the edge of delisting, has sounded the alarm for the bloodshed of Chi-Kr. Chi-Kr knows that it must accelerate to keep up. One month after a successful listing on the NYSE, on June 11, the second-generation auto company ZK (NYSE: ZK) submitted its first quarterly report after going public. According to the report, in the first quarter of this year, ZK achieved a revenue of 14.737 billion yuan, a year-on-year increase of 71%, and a quarter-on-quarter decrease of 9%.
Zeekr Could See Higher Gross Margin in 2Q on Better Product Mix -- Market Talk
0747 GMT - Zeekr Intelligent Technology's vehicle gross margin will likely improve in 2Q, thanks to a better product mix, Deutsche Bank analyst Bin Wang writes in a note. Flagship model Zeekr 001'sstr
Zeekr's Global Expansion on Track Despite EU Investigation, Executives Say
What did JiKe do for the first earnings report that exceeded expectations? | JianZhi Research.
Just one month after going public, GeeKee delivered its first quarter financial report which exceeded expectations. In Q1 2024, GeeKee's revenue was 14.737 billion yuan, up 71% year-on-year and down 9.9% quarter-on-quarter; net loss was 2.02 billion yuan, a decrease of 18.2% year-on-year and 31.3% quarter-on-quarter; gross margin increased by 3.9 percentage points year-on-year, and decreased by 2.4 percentage points quarter-on-quarter to 11.8%. In the first quarter, GeeKee's sales remained steadily above 10,000 vehicles, placing it in the upper-middle position among new automakers. Despite the brutal price war, GeeKee's profitability did not deteriorate significantly. Specifically, GeeKee's
Zeekr's year-on-year revenue growth exceeds 70%. Total revenue reaches $2.04 billion
Zeekr's Q1 delivery surged 117% year-over-year while fell 16.6% from Q4 due to seasonality.
BofA Securities Maintains ZEEKR(ZK.US) With Buy Rating, Raises Target Price to $36
BofA Securities analyst Ming-Hsun Lee maintains $ZEEKR(ZK.US)$ with a buy rating, and adjusts the target price from $35 to $36.According to TipRanks data, the analyst has a success rate of 25.0% and a
Express News | ZEEKR Intelligent Tech Shares Are Trading Lower. The Stock Gained Premarket on Better-than-expected Q1 Earnings but Has Since Reversed
HKEx Announcement | Fengbi will launch its self-developed AI teacher in August. Geek First Quarter total revenue was CNY 14.737 billion, an increase of 71% YoY.
Geely Auto (00175): Jikr's total revenue in the first quarter was RMB 14.737 billion, a YoY increase of 71.0%...
ZEEKR Intelligent Technology's Shares Decline Amid Narrower Q1 Non-GAAP Loss, Higher Revenue
ZEEKR Intelligent Technology Holding (ZK) shares were trading almost 5% lower in recent Tuesday activity despite the company beating Q1 forecasts. The electric vehicle manufacturer reported a Q1 non-G
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