A whale with a lot of money to spend has taken a noticeably bearish stance on XPeng.
Looking at options history for XPeng (NYSE:XPEV) we detected 27 strange trades.
The index futures are pointing to a moderately lower opening by Wall Street stocks on Monday after the averages closed Friday’s session narrowly mixed in reaction to the November non-farm payrolls report.
Hong Kong stocks soared on Monday morning, with the benchmark Hang Seng index rising over 3%, as China relieved some of its COVID-19 restrictions, easing testing rules in some cities.
Electric vehicle stocks mostly advanced in the week ending Dec. 2, helped by market-wide optimism over a potential Fed pivot and some company-specific catalysts. The Chinese EV trio of Nio, Inc. (NYSE: NIO), XPeng, Inc.
The SPDR S&P 500 ETF Trust (NYSE: SPY) rallied this week following dovish commentary from the Federal Reserve chair, but the November jobs report revealed the U.S.
US-listed Chinese stocks gained today amid reopening hopes, with shares of the iShares China Large-Cap ETF (ARCA: FXI) gaining 3.26% in Friday's session.
Recent unrest in China due to the country's zero-COVID policy has led to less strict quarantine requirements, with China reportedly allowing home quarantine for some COVID-positive individuals.