China's Xpeng Showcases EVs at Milan Design Week, Makes Foray Into Italy
Hong Kong stocks movement | Auto stocks rose in the early trading session, LEAPMOTOR (09863) surged over 6% to reach a new high as Institutions remain Bullish on Electric Vehicles exports maintaining high growth.
Auto stocks rose in early trading. As of the time of reporting, LEAPMOTOR (09863) increased by 6.05% to 65.75 Hong Kong dollars; Li Auto-W (02015) rose by 4.63% to 112.9 Hong Kong dollars; Xpeng Motors-W (09868) gained 3.81% to 81.75 Hong Kong dollars.
Hong Kong stocks movement | Xiaopeng Autos-W (09868) increased by over 3% after announcing its official entry into the Italian market, with the local government encouraging the acceleration of the New energy Fund revolution.
Xpeng Autos-W (09868) rose over 3%, as of the time of writing, up 3.37%, reported at 81.4 Hong Kong dollars, with a transaction volume of 0.466 billion Hong Kong dollars.
Macquarie: Demand for industrial automation and Siasun Robot&Automation in China is recovering, and domestic substitution is rapidly breaking through.
The trend of intelligent upgrading in China's manufacturing industry is irreversible, and domestic manufacturers are moving from "replacement" to "leading," bringing long-term investment value to the Industry Chain upstream and downstream.
In April, Global sales of pure electric and plug-in hybrid Autos continued to grow significantly year-on-year, and the performance of Autos stocks stabilized after a decline. LEAPMOTOR (09863) rose by 5.73%.
Jinwu Financial News | Auto stocks stabilize after a decline. As of the time of writing, LEAPMOTOR (09863) is up 5.73%, LI Auto-W (02015) is up 4.08%, XPeng Motors-W (09868) is up 3.37%, XIAOMI-W (01810) is up 3.39%, Peking Automotive (01958) is up 2.50%, NIO-SW (09866) is up 2.40%, and BYD Co., Ltd. (01211) is up 1.77%.
Xpeng Designer Previews New Coupe With Sleek Design
Undeterred by the "Trump shock"! Global electric vehicle sales surged in April, with the Chinese market experiencing a robust increase of 32%.
In April, Global sales of pure electric and plug-in hybrid autos grew by 29% year-on-year, reaching 1.5 million vehicles. Sales in the China market increased by 32% to 0.9 million vehicles, sales in the Europe market rose by 35% to 0.3 million vehicles, while sales in the North America market fell by 5.6% to 0.1 million vehicles. The Trump tariff policy had minimal impact on electric vehicle sales, but the trade agreements reached with the United Kingdom and China are positive signs for the industry.
The large-scale deployment of 5G-A is accelerating! The low-altitude economy, smart parks, and others are ushering in a period of Gold development.
① In terms of B-end applications, AI parks, smart factories, low-altitude economy, and smart ports have become the first to be implemented scenarios. For C-end Consumer scenarios, operators focus on differentiated experiences in business travel, live streaming, and gaming. ② Currently, ultra-large uplink and downlink, Lightweight are the main focuses of the current 5G-A promotion, while low latency with determinism and integrated sensing will be the direction for further efforts.
U.S. stocks closed: The S&P recovered all losses for the year, and NVIDIA's surge led the return of the AI Concept.
① NVIDIA received a large order from Saudi Arabia, closing up 5.63%; ② UnitedHealth plummeted about 18%, dragging down the Dow; ③ Nasdaq Golden Dragon Index fell 0.07%; ④ General Motors partnered with LG New Energy to develop a new type of LMR square Battery.
US stocks move | Xpeng Autos (XPEV.US) down 4% as Morgan Stanley reduces its Shareholding by 3.305 million shares.
On Tuesday, XPeng Autos (XPEV.US) fell by 4%, closing at $20.24.
XPENG Partners With Plugsurfing to Secure Access to Charging Network
Xpeng Announces Entry Into Italy as It Continues European Expansion
XPENG Partners With Plugsurfing to Secure Powerful Charging Network
CICC: April's New energy Fund wholesale volume remained stable month-on-month, and car manufacturers continued to show a "increased configuration without increased price" trend.
In April, retail sales maintained a high level, and the export volume of New energy Fund continued to grow at a high speed; the wholesale volume of New energy Fund showed steady growth month-on-month.
XPeng Set to Continue Improving Margins, Scale -- Market Talk
XPeng Target Price Raised to HK$107.00 From HK$101.00 by HSBC Global Research
The competition in the Hong Kong stock market is intensifying, with technology giants becoming the main battleground: the Short Sell volume of Alibaba and Xiaomi has surged over 100%.
① Tencent, Alibaba and other heavyweight stocks have been precisely targeted; will this weaken the market's expectations for a "recovery in the platform economy"? ② The surge in Short Sell may suggest that Institutions have doubts about the profitability of Hong Kong's Technology companies?
BOCOM INTL: The performance of Electric Vehicles in the mainland was impressive in April, expecting stable growth in the car market in May.
In April, the domestic car market performed well, with Electric Vehicles showing outstanding performance, experiencing growth that exceeded the overall Industry, and a penetration rate of 51.5%.
Defense stocks are experiencing another surge, taking the lead in the rally. Under the bullish news catalyst, maintaining momentum remains crucial.
Yesterday, the market welcomed a broad rebound, with all three main indexes closing in the green and trading volume expanding. Overall, the market is still in a structure of fluctuating upward movement.
Hong Kong stock morning report | The Siasun Robot&Automation Industry welcomes market Bullish. CKH HOLDINGS issued a statement in response to port Trade.
① The spokesperson of the Ministry of Commerce commented on the joint statement from the China-U.S. Geneva economic and trade talks. ② Tencent signed a strategic cooperation agreement with Siasun Robot&Automation. ③ Huawei signed a comprehensive cooperation agreement with UBTech Technology. ④ CKH HOLDINGS issued a statement in response to the port Trade.