Barclays Maintains Equal-Weight on XPeng, Lowers Price Target to $8
Barclays analyst Jiong Shao maintains XPeng (NYSE:XPEV) with a Equal-Weight and lowers the price target from $22 to $8.
Alibaba Falls Over 3%, Nio Plunges 6%: Hang Seng Opens Weaker As China COVID Curbs, Earnings Season Fray Nerves
Hong Kong shares opened in the red on Friday, with the benchmark Hang Seng falling 1.5%, as mixed earnings prompted traders and investors to pare positions before the end of the week.
Electric Vehicles Hit 35% Market Share In China In September: What Investors Should Know And Who’s Winning
While the U.S. continues to push forward on electric vehicle adoption, other countries are racing ahead in terms of the percentage of EVs compared to traditional automobiles. China hit a 35% market share for new electric vehicles in the month of September. Following is why it's important and what companies are leading the way.
Credit Suisse, Meta Platforms, Wolfspeed And Some Other Big Stocks Moving Lower On Thursday
U.S. stocks traded mixed, with the Dow Jones gaining more than 300 points on Thursday. Here are some big stocks recording losses in today’s session.
Xpeng Tweeted: Today, we began delivering XPENG G9s to the first batch of owners in Guangzhou and over 100 other cities across China
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Alibaba, JD Surge Over 8%: Hang Seng Shoots Up On Tech Rally
Hong Kong stocks opened in the green on Thursday, with the benchmark Hang Seng gaining 2.8% in morning trade. The rally was led by tech stocks, with Alibaba and JD.com gaining over 8% and 9%, respectively. Shares of Meituan and Tencent Holdings gained over 4%.
10 Consumer Discretionary Stocks With Whale Alerts In Today’s Session
This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
What’s Going On With Nio And XPeng Shares Today
Nio Inc - ADR (NYSE: NIO) and XPeng Inc - ADR (NYSE: XPEV) shares are trading higher during Wednesday's session. Shares of Chinese companies at large are trading higher following Tuesday news indicating China&#
As Markets Worry Over Xi Jinping, ‘Big Short’ Fame’s Michael Burry Notes Drastic Drop In Hang Seng Valuation Despite GDP Surging 18x From 1997
On Monday, Hong Kong’s benchmark index Hang Seng fell below the 15,000 mark for the first time since April 2009 as investors continued to flee mainland Chinese stocks following President Xi Jinping’s
Nio Surges 15%, Alibaba Up Nearly 1%: What’s Pushing Hong Kong Stocks Higher Today
Hong Kong shares opened in the green on Wednesday, with the benchmark Hang Seng gaining 2.5%, as investors began considering the possibility of slowing aggression by the Federal Reserve when it announces its monetary policy next week.