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Hong Kong Stock Afternoon Review | The Hang Seng Index rose nearly 2% to break the 20,000 mark, and the Stock Index surged nearly 3%; Ali soared more than 13% and its market capitalization approached HK$2 trillion
Auto stocks continued to rise. Zero Sports Auto rose more than 5%, Ideal Auto rose more than 4%, Xiaopeng Motor and BYD shares rose more than 3%, and NIO rose more than 1%; electricity stocks strengthened, Datang Electric Power rose more than 8%, Huadian International Electric Power Co., Ltd. rose nearly 2%, and China Resources Electric rose nearly 1%.
Goodbye to slow growth, Xiaopeng is preparing to accelerate
The electric vehicle maker predicts a 46% drop in deliveries in the first quarter, but expects a rebound in the second half of the year as it continues to launch new products
Economic Daily Commentary on the Auto Price War: Fighting for Price Is Not as Good as Fighting for Value
“Sister Mu Tou” continues to reduce the holdings of Xiaopeng Motor and Maverick Electric to increase its Coinbase holdings
Tianfeng Securities: Recommended domestic independent brands such as BYD, Guangzhou Automobile Group, Changan Automobile, etc.
Why Li Auto, Nio And XPeng Shares Are Moving
Li Auto Inc (NASDAQ:LI), Nio Inc - ADR (NYSE:NIO) and XPeng Inc - ADR (NYSE:XPEV) shares are all trading higher Tuesday afternoon. Shares of Chinese stocks are trading higher in possible reaction to t
XPEV, SI and ESPR Are Among Pre Market Gainers
Beishui Trends | Beishui's net transaction bought 2,893 billion dollars, domestic investment sought after Science Network, Telecom stocks, and coal stocks continued to diverge
The Zhitong Finance App learned that in the Hong Kong stock market on March 28, Beishui made a net purchase of 2,893 million yuan, of which the Hong Kong Stock Connect (Shanghai) transaction made a net purchase of HK$1,572 million and the Hong Kong Stock Connect (Shenzhen) transaction made a net purchase of HK$1,321 million. The individual stocks that Beishui Clean bought the most were Tencent (00700), Meituan-W (03690), and Kuaishou-W (01024). The largest individual stocks sold by Beishui Clean were SMIC (00981) and China Shenhua (01088). Hong Kong Stock Connect (Shanghai) actively traded stocks, Hong Kong Stock Connect (Shenzhen) actively traded stocks, and domestic investors continued to pursue Science Network stocks. Tencent (00700), Meituan
Changes in US stocks 丨 New energy vehicles rose before the market, Xiaopeng Motor rose by about 4%, and performed the best
Glonghui, March 28, 丨 Xiaopeng Motor performed best when it rose about 4%, Ideal Auto rose 2.67%, NIO rose 1.34%, and Ford Motor and Tesla both rose. Since this year, automobile exports from Hunan, Guangdong, Zhejiang, Shanghai and other places have increased markedly, while new energy vehicle companies have accelerated their expansion into overseas markets. Industry insiders said that in 2023, China's automobile exports are expected to reach a new level. The annual growth rate of vehicle exports is expected to reach 20%, and exports of new energy vehicles are expected to reach 800,000 vehicles.
A quick look at the Hong Kong market | The three major indices collectively closed higher; auto stocks and mobile game stocks were strong throughout the day, Zero Sports Auto rose nearly 13%, and Dream Land rose more than 9%
Most SciNet stocks rose, with Tencent up more than 4%, Meituan up more than 2%, JD and Baidu up nearly 2%, Bilibili up more than 1%, and Alibaba falling more than 1%; biotechnology was weak throughout the day, with Tenshengbo Pharmaceutical falling more than 9%, Giants Biotech falling nearly 9%, Rongchang Biotech falling nearly 8%, and Kangxino Biotech and Nuocheng Jianhua falling more than 5%.
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