Express News | The Ministry of Industry and Information Technology plans 100 million dedicated numbers for the Internet of Vehicles to support the high-quality development of intelligent connected vehicles and the Internet of Vehicles
US stocks closed | NASDAQ reached a new high! Nvidia surged nearly 7%; GameStation once surged nearly 40%
The Dow fell back to a three-week low; Tesla closed down more than 1%, and the seven tech giants fell; the China Securities Index stopped five consecutive declines, Xiaopeng Motors closed up nearly 3%, and Pinduoduo fell nearly 5%.
Xiaopeng Automobile-W (09868.HK) obtained J.P. Morgan Chase to increase its holdings by 3.1154 million shares
Gelonghui, May 28 | According to the latest equity disclosure data on the Stock Exchange, on May 22, 2024, Xiaopeng Automobile-W (09868.HK) obtained JPMorgan Chase & Co. to increase its holding by 31,154 million shares at an average price of HK$34.5448 per share, involving approximately HK$108 million. After the increase in holdings, JPMorgan Chase & Co.'s latest number of open positions was 108,444,597 shares, and the holding ratio increased from 6.83% to 7.03%.
What's Going On With XPeng Stock Tuesday?
XPeng Inc. (NYSE:XPEV) shares are trading slightly higher in the morning session on Tuesday.
Xiaopeng Motor-W (9868.HK): Smart driving leader Phoenix Nie makes up for shortfalls and waits for flowers to blossom
Sales volume review, and Xiaopeng's phased success and failure review of the P7, G6, and G9 facelift helped Xiaopeng achieve many phased successes, but they were all less sustainable. We think the apparent reason was the increase in competition in the later stages. The underlying reason was that Xiaopeng had management, product definition, and operation
China EV Insurance Registrations for Week Ending May 26: Nio 5,400, Tesla 13,100, BYD 55,000, Xiaomi 2,700
Xpeng was 1,900 last week, Li Auto 8,600, Zeekr 4,600. The post China EV insurance registrations for week ending May 26: Nio 5,400, Tesla 13,100, BYD 55,000, Xiaomi 2,700 appeared first on CnEVPost. For more articles, please visit CnEVPost.
Bank Rating | Goldman Sachs: Raising Xiaopeng's Target Price to HK$47 to Maintain “Buy” Rating
Glonghui, May 28 | Goldman Sachs released a report. Xiaopeng provided technical research and development services to Volkswagen, driving gross margin improvement to 12.9% in the first quarter. Overall, the bank expects Xiaopeng's R&D service revenue in 2024 and 2025 to be 1,575 billion yuan and 1.95 billion yuan, respectively, and gross profit of 1,418 billion yuan and 1,755 billion yuan, which will be directly converted into net profit. The bank maintained a “buy” rating, and the target price of Hong Kong stocks was raised 4% to HK$47.
Futu Morning Post | UBS: Views on Chinese stocks have turned positive, preferring ScienceNet stocks, education stocks, etc.; the US stock transaction settlement cycle changed from T+2 to T+1
Amazon plans to invest billions of euros in the cloud program; Shanghai will relax all aspects of property market regulation.
Xpeng Mona's 1st Model Spotted Without Camouflage
An undisguised spy photo of the first model of Xpeng's (NYSE: XPEV) sub-brand codenamed Mona has been revealed for the first time ahead of its upcoming June debut.
Express News | EU considers amending special antitrust rules for car sales
Xiaopeng Automobile-W (9868.HK): Gross margin exceeds expectations, car+software two-wheel drive opens a new model
The incident described the company's revenue of 6.548 billion yuan in the first quarter of 2024, +62.35% year-on-year, net loss of 1,368 billion yuan. Losses narrowed sharply, and non-GAAP net loss of 1.41 billion yuan, loss
Changes in Hong Kong stocks | Auto stocks generally rise, NEV retail sales are expected to increase 33% in May, and the auto market policy continues to gain strength
Auto stocks generally rose. As of press release, Ideal Automobile-W (02015) rose 4.15% to HK$81.5; NIO - SW (09866) rose 2.81% to HK$38.4; and Xiaopeng Automobile-W (09868) rose 2.04% to HK$32.45.
Follow up with 30 days and press the “fast forward button” on the “trade-in” policy for cars with a maximum subsidy of over 10,000 yuan
① The maximum “trade-in” or “scrap exchange” bicycle subsidy in Jiangxi Province, Yunnan Province, Henan Province, Beijing, Shanghai, Ningxia and other places is 10,000 yuan, and individual consumers in Inner Mongolia can waste and replace new energy passenger vehicles up to 12,000 yuan/vehicle. ② According to Cui Dongshu, Secretary General of the Passenger Federation, although the “trade-in” policy brought about wait-and-see sentiment among consumers in the early stages, it can still be expected to boost the car market.
US stocks closed | The three major indices collectively closed higher, the NASDAQ continued to hit new closing highs, Nvidia rose more than 2%, and AMD rose nearly 4%
The Dow rose 0.01%, with a cumulative decrease of 2.33% this week; the NASDAQ rose 1.1%, with a cumulative increase of 1.41% this week; the S&P 500 index rose 0.7%, with a cumulative increase of 0.03% this week.
Most popular Chinese securities rose by more than 3%, Pinduoduo, Tencent Music rose more than 2%, Xiaopeng Auto, and NIO, Alibaba, and Vipshop rose slightly by more than 1%. NetEase fell more than 4%, JD fell nearly 3%, Baidu fell more than 1%.
Most popular Chinese securities rose by more than 3%, Pinduoduo, Tencent Music rose more than 2%, Xiaopeng Auto, and NIO, Alibaba, and Vipshop rose slightly by more than 1%. NetEase fell more than 4%, JD fell nearly 3%, Baidu fell more than 1%.
Express News | NYSE Order Imbalance 96156.0 Shares on Buy Side
Xiaopeng Automobile-W (09868.HK): Volkswagen Cooperation Contributes to Revenue and Margin Level Significantly Increased
Incident: On May 21, 2024, Xiaopeng Motor announced financial data for the first quarter. In the first quarter of 2024, Xiaopeng Motor delivered a total of 22,000 vehicles, an increase of 19.7% over the previous year. Achieving revenue in the first quarter of 2024
Xpeng Replaces Sales Chief, Wholesale Approach Faces Headwinds, Report Says
Amid Xpeng's internal concerns and distributor resistance, its wholesale sales model has only been tested on a small scale so far, according to local media. The post Xpeng replaces sales chief, wholesale approach faces headwinds, report says appeared first on CnEVPost. For more articles, please visit CnEVPost.
Overview of the Hong Kong market | The three major indices fell collectively, with the Science Index falling more than 2%; most of the Technology Network stocks and biotech stocks fell, Bilibili fell more than 11%, and Kang Fang Biotech fell nearly 23%
Domestic housing stocks generally fell, with Vanke falling nearly 9%, and Sunac China falling nearly 7%; auto stocks declined, with NIO falling more than 6%, and Xiaopeng Motors falling more than 3%.
Is the rebound in technology in Hong Kong stocks just a “fleeting moment”? The amount of related ETFs fell by more than 9 billion dollars in the past month
① Which technology index fund shares have declined the most? ② Who is behind this round of tech index rebound?
No Data