Nio leads EV stock gains in Hong Kong amid overall market rally
This is the third consecutive day of gains for Nio in Hong Kong, with cumulative advances of about 17 percent since last Friday.
EV stocks soar in Hong Kong: Nio up 6%, Xpeng up 8%
China is ramping up its economic stimulus, and the Covid situation in Shanghai is showing a significant improvement.
Bridgewater doubles bets on Nio, Xpeng, Li Auto in Q1
The world's largest hedge fund increased its stake in Nio by more than 70 percent in the first quarter, and doubled its stakes in both Xpeng…
Deutsche Bank’s first look at Li Auto’s Q1 earnings
Li Auto reported solid Q1 results while Q2 guidance was somewhat soft given uncertainty around the Covid recovery cadence.
Li Auto reports Q1 revenue of RMB 9.56 billion, beating estimates
Li Auto's guidance for second quarter deliveries is 21,000-24,000 vehicles, meaning it expects 16,833-19,833 combined deliveries in May and June.
EV stocks plunge in Hong Kong after US bloodbath
At press time, Nio was down 12.41 percent, Xpeng was down 9.4 percent, Li Auto was down 3.61 percent and BYD was down 3.02 percent.
Nio, Xpeng, Li Auto rise in Hong Kong as overall market moves higher
Hong Kong's market performance followed the overnight advance in US stocks, as the Federal Reserve released dovish signals.
Deutsche Bank lowers price target on Li Auto to $28 ahead of Q1 results
Edison Yu's team lowered their price target on Li Auto by $6 to $28, based on 3.0x 2023E EV/Sales, down from 3.5x previously.
EV stocks fall in Hong Kong as broader market moves lower
At press time, Nio was down 3.4 percent, Xpeng was down 3.45 percent and Li Auto was down 4.96 percent.
April deliveries: How does Nio compare to Xpeng and Li Auto?
Nio's deliveries were back ahead of Li Auto's for the first time since last September.