Nio’s August EV Deliveries Rise, Bucking Wider Trend As Rivals Xpeng, Li Auto See Numbers Fall Sequentially
Nio, Inc. (NYSE: NIO) reported a rise in deliveries for August on Thursday.
XPeng Announced 9,578 Vehicles Delivered in August 2022, Up 33% YoY
XPeng Inc. (("XPeng" or the "Company, NYSE:XPEV) today announced its vehicle delivery results for August 2022.
XPeng recorded monthly deliveries in August of 9,578Smart EVs, representing a 33% increase year-over-year. The Company delivered 90,085 Smart EVs in total for the first eight months in 2022, representing a 96% increase year-over-year.
Alibaba, Nio Slip: Hong Kong Stocks Stumble As China Private Factory Survey Data Shrinks For 1st Time In 3 Months
Hong Kong stocks fell on Thursday, with the Hang Seng index losing 1.23% in opening trade. China's factory activity shrank for the first time in three months in August.
Tech Giant Baidu Falls 7% On Revenue Drop: Chinese PMI Data, Sluggish Wall Street Drag Hong Kong Stocks
Hong Kong stocks opened in the red on Wednesday following a sluggish session on Wall Street as central bankers in the U.S. and Europe continued to maintain their hawkish tones. Shares of Baidu fell over 7% in opening trade after the company reported second-quarter earnings.
Alibaba, XPeng Slip As Hang Seng Breaches Key Support Level: American Firms’ China Optimism Hits Record Low
The Hang Seng Index opened 1.5% lower on Tuesday, as investors factored in the possibility of an aggressive rate hike in the U.S. when the Federal Open Market Committee meets in September. Market participants also weighed the results of a survey that showed American firms’ optimism about China hit a record low.
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Alibaba Has 63% Upside And Room For Margin Expansion, Bullish Analyst Says
Mizuho analyst James Lee reiterated a Buy on Alibaba Group Holding Limited (NYSE:BABA) with a $160 price target. The re-rating followed an investor…
Alibaba, Nio, XPeng Fall Over 1%: Hang Seng Shows Some Resilience After Wall Street Plunge
Hong Kong shares showed a bit of resilience at the open on Monday, with the benchmark Hang Seng Index falling just 1%, despite a significant plunge in all major U.S. indices on Friday driven by Federal Reserve Chair Jerome Powell’s comments on the economic outlook.
Alibaba, JD, Nio Shoot Up Over 2%: Hang Seng Shadows Firmer Wall Street Ahead Of Powell’s Jackson Hole Speech
Hong Kong stocks opened higher on Friday, tracking an upbeat Wall Street session overnight, as investors braced for U.S. Federal Reserve Chair Jerome Powell’s speech at the Jackson Hole summit due later in the day.