CICC: Maintains Ideal Autos-W (02015) as outperforming the Industry rating with a Target Price of 155 HKD.
Looking ahead to 2025, the company has a strong product cycle, and the bank believes the company is expected to stabilize sales of extended-range models through the revamped L series.
U.S. stock market close: The Nasdaq surged over 4%, Chinese concept stocks performed even stronger, and the Golden Dragon Index outperformed the Large Cap.
① High-level economic and trade talks between China and the U.S. exceeded expectations, boosting U.S. stocks; ② Both the S&P and Nasdaq hit new closing highs since March 3; ③ NVIDIA rose over 5%, with its Market Cap returning to above 3 trillion; ④ Trump: Will investigate pharmaceutical companies if necessary.
U.S. stock market movements | Electric Vehicles stocks rise, Tesla (TSLA.US) increases by over 7%.
Stocks of Electric Vehicles have risen, and as of this report, Tesla has increased by more than 7%.
Trump Says He May Talk to China's Xi at the End of the Week
Express News | Shares of US-listed Chinese Companies Are Trading Higher Amid Overall Market Strength After the United States and China Temporarily Suspended Most Tariffs on Each Other's Goods
The Hong Kong stock market's Autos Sector has surged strongly, with NIO (09866) leading the increase by 8% in a single day.
On May 12th, the Hong Kong stock market's Autos Sector surged collectively, with NIO (09866) closing up 8%, becoming the leader of the sector; XPeng (09868), Li Auto (02015), and BYD (01211) also saw gains.
You buying SPY calls before Trump’s ‘big news’ or shorting the hype with SQQQ? I’m eyeing gold longs instead—what’s your move?
I’m trying that on APP/DUOL earnings next week. And you fading JPM’s call advice or riding it?
