Wang Feng Ying in 2012. AFP PHOTO / NIKOLAY DOYCHINOV (Photo credit should read NIKOLAY … [+] DOYCHINOV/AFP via Getty Images) AFP via Getty Images A frequent member of surveys of China’s most in...
Tag: NIO
NIO stock gains as China offers tax breaks for new EV owners
Over the past weekend, China introduced new Covid-19 restrictions, which had a negative effect on electric vehicle (EV) makers’ stocks on Monday. NIO Inc.’s stock (NYSE: NIO) slid 3.2%, Xpeng Inc. sha...
NIO stock gains as China’s Ministry offers tax breaks for new EV owners
Over the past weekend, China introduced new Covid-19 restrictions, which had a negative effect on electric vehicle (EV) makers’ stocks on Monday. NIO Inc.’s stock (NYSE: NIO) slid 3.2%, Xpeng Inc. sha...
EV Tax Exemption And Policy Support Lift Clean Technology Ecosystem
China Last Night KraneShares Key News Asian equities rebounded yesterday, with yesterday’s worst performers among today’s best performers as Taiwan gained +2.51% and South Korea gained +1.84%. China a...
‘Chinese Tesla’ To Drive Lifestyle-Based Nio House Across Europe
The Nio House in Oslo is less a dealership and more a brand statement of intent. (Photo by Zhu … [+] Sheng/Xinhua via Getty Images) Xinhua News Agency via Getty Images Last Fall a new pretender ...
BYD, Chinese EV Rivals Turning Into Tesla’s Toughest Competition
BYD began selling its Han electric sedan, priced from about $32,000 in China, earlier this year. BYD Elon Musk’s Tesla was the clear global leader in electric vehicle sales at the start of 2022, power...
China’s Auto Sales Are Booming. Can the Rebound Last?
Text size China’s auto market is showing a robust rebound. Here: a BYD Tang vehicle at the company’s showroom in Beijing. Qilai Shen/Bloomberg While the recent recovery in much of China’s ...
Here’s how far house prices are set to fall as rates go up, according to this forecasting firm
Stocks are veering south post holiday, following earlier optimism over reports President Joe Biden may lower tariffs on some Chinese goods to help ease the inflation sting. There isn’t much to explain...
GM, NIO, and 3 More of the Best Car Stocks for the Second Half of 2022
Text size The average automotive stock dived about 25% in the second quarter. Drew Angerer/Getty Images The first half of 2022 was painful for the automotive sector, with most car stocks dropping fart...
NIO XPEV LI report strong deliveries for June as Covid wanes
Nio’s ES7 sports utility vehicle adds another competitor to Tesla’s Model X and Model Y in China. Nio Chinese electric-vehicle maker Nio reported Friday that it delivered nearly 13,000 veh...
June Caixin PMI Beats Expectations, Week In Review
China Last Night KraneShares Week in Review Asian equity performance was mixed this week. Hong Kong and Mainland China have led gains in Asia for the week and for the quarter. Internet stocks were hig...
NIO stock jumps after June EV deliveries rise sharply from a last month and from last year
The U.S.-listed shares of NIO Inc. NIO, -0.64% jumped 2.4% in premarket trading Friday, after the China-based electric vehicle maker reported June deliveries that rose sharply from last month and from...
Hong Kong Stock Exchange Closed On July 1
The Hong Kong Stock Exchange is one of the world’s largest. Photographer: Roy Liu/Bloomberg © 2020 Bloomberg Finance LP The Hong Kong Stock Exchange is closed today, July 1, to mark the former B...
Chinese Equities Outperform Asia For The Day, Week, Month & Quarter
China Last Night KraneShares Key News Asia ended the month with a thud except for China which is fitting as China and Hong Kong equities were the only positive markets for the month. For Q2, China and...
Opinion: Sell Exxon Mobil and other energy stocks before these headwinds hit prices once again
Energy stocks have been the star investment this year. Now it’s time to sell them and electrify your portfolio before investors once again focus on the industry’s long-term headwinds. There are a hos...
Profit Taking Hits Despite Travel Booking Bonanza Post Quarantine Easing
China Last Night KraneShares Key News Asian equities were a sea of red following the US equity downdraft yesterday. China and Hong Kong were hit with a round of good old fashion profit taking in advan...
NIO shares extend losses as Chinese EV maker denies short-seller report
NIO Inc.’s shares in Hong Kong extended declines in afternoon trading after the company denied accounting allegations in a report by short seller Grizzly Research LLC. The stock NIO, -2.57% NIO, -11.4...
China EV Sales: Tesla Rival BYD Breaks Out After Huge Win Streak; Nio, Li Auto, Xpeng Due
China EV sales for June and the second quarter are due, after Nio (NIO), Xpeng (XPEV) and Li Auto (LI) signaled a Covid recovery but Wall Street says — not so fast. X BYDDF stock broke out afresh Mond...
Tesla, Rivian and Nio stock price targets cut on supply chain troubles, Shanghai shutdowns
Mizuho analyst Vijay Rakesh became little less bullish on electric vehicle makers Tesla Inc. TSLA, -0.32%, Rivian Automotive Inc. RIVN, -3.59% and China-based NIO Inc. NIO, -4.69% on Monday, citing th...
NIO’s Hong Kong, Singapore shares hit new highs as outlook brightens
NIO Inc.’s shares in Hong Kong and Singapore have climbed to fresh record highs as the global outlook for electric-vehicle demand brightens. The electric-car manufacturer’s Singapore-listed shares NIO...
NIO Stock Is Up 30% This Month. Morgan Stanley Sees More Gains Ahead
“Share outperformance.” Now there’s a vintage term which on account of the stock market’s woeful action in 2022 might be somewhat forgotten. However, that appears to be the case for NIO (NIO) in recen...
Alibaba, NIO stocks soar after report Ant Group OK’d to set up financial holding company
The U.S.-listed shares of China-based companies were seeing big and broad gains in premarket trading Friday, after Reuters reported that China’s central bank accepted Ant Group’s applicati...
Swiss Interest Rate Hike Turns Asian Equities Into Swiss Cheese As Mainland Investors Ignore Risk Off
China Last Night KraneShares Key News Asian markets had a decent day until the Swiss National Bank unexpectedly raised interest rates 50 basis points sending risk assets south immediately. Returns wer...
China Stocks Drop In U.S. Ahead Of Fed Action On Inflation; Alibaba, BiliBili Plunge 10%
It was a rough day for U.S. investors in China stocks. (Photo by Noam Galai/Getty Images) Getty Images Shares in many of China’s best-known companies plunged on the Nasdaq and New York Stock Exchange ...
Alibaba Bounces As China Outperforms On Muted Inflation, Week In Review
China Last Night KraneShares Week in Review On Monday, it was reported that the cybersecurity review of Didi had been completed. The review’s conclusion should allow Didi, along with Full Truck Allian...
NIO conducts own probe into Grizzly short-seller report, retains forensic accounting firm
NIO Inc. said Monday that it has formed a committee to look into recent allegations that the China-based electric vehicle maker is using an affiliate battery maker to boost financial results. Short-se...