This Week's H-share Bull Stocks | QuantGroup rebounds strongly in its second week post-IPO! Share price surges over 54%, hitting a new high since listing; Leads the Smart Hotel Robot Application Competition, CloudTrace soars more than 46% this week.

QuantGroup, an 'online market operator,' soared over 54% in its second week of listing following an oversubscription of nearly 9,400 times.

Futu NewsDec 6 10:48

Nio Power Signs New Deal for Swap Station Construction

CnEVPostDec 5 19:45

Express News | Minister of Commerce Wang Wentao: Promote the consumption of large durable goods and advance 'Artificial Intelligence + Consumption.'

BreakingsDec 5 18:04

U.S. Stock Movement | Nio Rises 2.2% in Pre-Market Trading Amid Battery Doubling Plan for Nationwide Swap Stations

Gelonghui December 5 | Nio (NIO.US) rose 2.2% to $5.12 in pre-market trading on the US stock market. According to reports, Letin Car announced a nationwide battery swap station doubling plan, which will add over 8,000 new battery packs to the national battery swapping network, including 4,500 units of 85kWh battery packs. Qin Lihong, co-founder and president of Nio, stated that Letin invested an additional 2,000 units of 85kWh battery packs at the initial launch of the L90 model, which could help establish a strong reputation for the L90. This battery addition plan began in November, with the core objective of accelerating the market transition towards all-electric and battery swapping by enhancing the battery swapping experience for both existing and new users.

Gelonghui FinanceDec 5 17:25

Nine mainstream automakers have achieved over 80% of their annual sales targets, with Leapmotor, XPeng, and Xiaomi reaching their KPIs ahead of schedule.

①According to statistics compiled by the Cailian News reporter as of November 11, three out of eleven major/domestically listed automakers in China—Leapmotor, XPeng, and Xiaomi—have already achieved their 2025 annual sales targets ahead of schedule. ②The completion rates for Nio and Li Auto are less than 70%, making it unlikely for them to meet their respective initial goals set at the beginning of the year.

cls.cnDec 5 16:41

The Hang Seng Index closed up 149 points, with Baidu surging 5% and insurance stocks showing significant gains.

The mainland stock market rose, with the Shanghai Composite Index gaining 0.7%, driving positive performance in Hong Kong stocks. The Hang Seng Index opened 102 points lower and initially fell 177 points to a low of 25,758 points before rebounding. By midday, it surged 195 points to a high of 26,131 points, eventually closing up 149 points or 0.6% at 26,085 points. The Hang Seng China Enterprises Index gained 91 points or 1% to close at 9,198 points, while the Hang Seng Tech Index rose 47 points or 0.8% to close at 5,662 points. Total turnover for the day amounted to HKD 210.473 billion. After the market closed, Hang Seng Indexes conducted its regular constituent stock review. Innovent Bio (01801.HK), which will be added to the index next week, fell by 1.7%, while another stock set to be included in the Hang Seng Tech Index...

AASTOCKSDec 5 16:33