HST Lion-OCBC Sec HSTECH S$
- 0.670
- -0.019-2.76%
After postponing pure electric products and falling short of market expectations in the second quarter and current operating losses in the first quarter, Ideal Auto entered an adjustment period
① During the reporting period, Ideal Auto's total revenue was 25.6 billion yuan, up 36.4% year-on-year and 38.6% month-on-month. ② Ideal Auto expects second-quarter revenue of 29.9 billion yuan to 31.4 billion yuan, lower than the market estimate of 38.63 billion yuan.
Hong Kong Stock Afternoon Review | The three major indices of Hong Kong stocks pulled back, and the Tech Index fell by more than 3%; Technet stocks and auto stocks generally fell, Bilibili fell nearly 6%, and Ideal Auto fell by more than 19%
Biotech stocks declined in many shares; Kingsley Biotech and Pharmaceutical Biotech fell more than 5%; non-ferrous metals stocks pulled back, Shandong gold fell more than 7%, and Luoyang Molybdenum Industry fell more than 6%.
Intraday Overview | The three major indices fell sharply, and the science index fell more than 3%; auto stocks and pharmaceutical outsourcing concept stocks weakened; after ideal car performance, it plummeted nearly 20%
The Hang Seng Index fell 2.2%, and the Tech Net Index fell by 3.41%; most of the shares fell by more than 7%, JD Health and NIO by more than 6%, Bilibili by more than 5%, and Tencent, Ali, Baidu, and NetEase by more than 3%.
One-picture preview | Multiple benefits help Xiaomi's stock price “skyrocket”! Q1 earnings report is coming, can this round of growth continue?
Currently, the market generally predicts that Xiaomi is expected to achieve revenue of 73.573 billion yuan in the first quarter, up 23.7% year on year; earnings per share will be 0.16 yuan, down 6.29% year on year.
Institutions | The rebound in Hong Kong stocks is still resilient, focusing on the three main lines
The four major driving forces driving the current round of Hong Kong stock rebound can be categorized as: 1) mitigation of external disturbances; 2) domestic policy cohesion; 3) expectations of Hong Kong Stock Connect dividend tax relief; and 4) re-understanding and pricing of Hong Kong stock growth stocks.
Futu Morning Post | The commodity carnival continues! Gold and copper continue to reach record highs; Microsoft releases a new generation of AI PCs; Ideal Auto's US stock falls by nearly 13%
The two vice chairmen of the Federal Reserve spoke out at the same time: they emphasized the need to be cautious about the inflation trend; the Wall Street Bank raised the target price of the S&P 500 index to a maximum of 5,600 points; the US Securities Regulatory Commission changed its attitude and may approve the first Ethereum ETF.
US stocks closed | NASDAQ closed at a record high, Nvidia rose 2.49%, and fell nearly 13% after Ideal Auto's performance
J.P. Morgan's 4.5% drop dragged the Dow back; WSB concept stocks rebounded, Game Station rose more than 4%, and AMC cinemas rose nearly 10%.
Why Virios Therapeutics Shares Are Trading Lower By Around 48%? Here Are Other Stocks Moving In Monday's Mid-Day Session
Shares of Virios Therapeutics, Inc. (NASDAQ:VIRI) fell sharply during Monday's session after the company priced a $1.7 million public offering of 8.5 million shares of common stock at $0.20 per share.
The pure electric business is not easy to do, so it is ideal to cancel this year's pure electric vehicle launch plan
Source: Late Auto Author: Zhao Yu, Dou Yajuan, Zeng Xing After the release of the first pure electric flagship model, MEGA, and experiencing turbulence, it is ideal to start major organizational adjustments and layoffs in just two months. The CEO reflected on “excessive focus on sales and competition.” Today, Ideal announced another important change: no new pure electric models will be released this year. The news was announced at Ideal's results conference tonight. In the first quarter of 2024, Ideal sold 28,000 more vehicles than in the same period last year. Total revenue increased 36.4% to 25.6 billion yuan, but net profit
US Stocks Mixed; Li Auto Shares Plummet After Q1 Results
U.S. stocks traded mixed this morning, with the Nasdaq Composite gaining around 0.5% on Monday.Following the market opening Monday, the Dow traded down 0.19% to 39,925.91 while the NASDAQ rose 0.50% t
US Stock Preview | Big bears “take it easy”! Damo raised S&P's target price by 20%; Ideal falls by nearly 5% before the market
Faraday surged nearly 100% to reach the $2 mark before the future market; France Xing's big short: the Federal Reserve is making huge policy mistakes; the “precious metals frenzy” continues: gold continues to reach record highs, and silver once rose above $32.
Why Wix.com Shares Are Trading Higher By 7%; Here Are 20 Stocks Moving Premarket
Shares of Wix.com Ltd. (NASDAQ:WIX) rose sharply in today's pre-market trading as the company posted upbeat results for its first quarter and raised its 2024 forecast on Monday.Wix.com posted adjusted
Nasdaq, S&P 500 Futures Keep Head Above Water Ahead Of Fed Speeches: Analyst Says Market-Boosting Themes 'Firmly In Place'
U.S. index futures are modestly higher in early trading on Monday, suggesting that the upward momentum remains intact, albeit laced with caution. Traders will likely scan speeches by Federal Reserve o
Chinese EV Maker Li Auto Misses Q1 Revenue Expectations Despite Surging Vehicle Sales, Stock Tanks
Li Auto Inc (NASDAQ:LI) reported fiscal first-quarter 2024 revenue growth of 36.4% year-on-year to $3.55 billion, missing the analyst consensus estimate of $3.84 billion. Adjusted net earnings per ADS
Also see big platforms “breaking the circle”. JD Pay and WeChat Pay are interconnected. The industry: can be seen as an iconic node in the payment industry
① Both JD and Tenpay confirmed to reporters that personal codes and merchant codes on the two major platforms will be interoperable from now on. ② This interconnection was achieved through the unified business rules and technical standards of online clearing companies. ③ This cooperation sets a precedent for large-scale commercial promotion cooperation and connectivity for the first time in the industry. The industry believes that it can be seen as an iconic node for the payment industry to promote connectivity.
Li Auto Posts Weak Q1 Results, Joins ATRenew And Other Big Stocks Moving Lower In Monday's Pre-Market Session
U.S. stock futures were slightly higher this morning, with the Nasdaq futures gaining around 0.2% on Monday.Shares of Li Auto Inc. (NASDAQ:LI) fell sharply in today's pre-market trading after the comp
Express News | Southbound Capital made a net purchase of HK$2.49 billion today
Biggest Stock Movers Today: Mining Stocks, LI and More
Li Auto Shares Are Trading Lower After the Company Reported Worse-than-expected Q1 Results and Q2 Guidance.
Li Auto Shares Are Trading Lower After the Company Reported Worse-than-expected Q1 Results and Q2 Guidance.
Ideal Auto's Q1 revenue increased 36.4% year over year, and delivery guidelines fell short of expectations
Ideal Auto expects second-quarter revenue of RMB 29.9 billion to RMB 31.4 billion, with an estimated delivery volume of 105,000 to 110,000 vehicles.