EV stocks extend gains as China’s zero-Covid policy sees significant easing
At press time, Nio extended gains in Hong Kong to 16.49 percent to HK$81.95, Xpeng rose 9.52 percent to HK$28.75 and Li Auto rose 10,51…
US audit officials complete 1st round of on-site inspections of Chinese firms ahead of schedule, report says
US audit inspectors completed the first round of on-site inspections of Chinese companies ahead of schedule, signaling progress in the process…
EV stocks soar in Hong Kong: Xpeng up 26%, Nio up 18%
Hong Kong stocks rose overall, with the Hang Seng Index up 5.8 percent and the Hang Seng Tech Index up 8.2 percent.
Power battery giant CALB plunges over 30% in HK before greenshoe option expires Friday
This sent the company's market capitalization down to HK$41.1 billion, down HK$20.9 billion from about HK$62 billion at the opening of trading today.
Xpeng gains over 8% in Hong Kong after CEO adds 2.2 million ADSs
Xpeng chairman and CEO He Xiaopeng spent about $30 million to buy additional ADSs of the EV maker.
Xpeng plunges 14% in Hong Kong amid broad sell-off after G9 launch
As of press time, Nio and Li Auto also plunged, albeit to a lesser extent, at 9.24 percent and 5.85 percent, respectively.
Li Auto drops to three-month low in Hong Kong as shares fall below HK$100
Li Auto fell below HK$100 for the first time since early June, accumulating a 32 percent drop from its recent high on June 24.
Nio extends rally in Hong Kong while overall market suffers sell-off
At press time, Nio was up 3.33 percent in Hong Kong to a two-month high, while the Hang Seng Index was down 2.51 percent.
Nio opens up 15% in Hong Kong to one-month high
Nio opened up 15 percent to HK$165.6 in Hong Kong, a new high since August 16. The company gained 13.52 percent in the US overnight.
Nio gains 7% in Hong Kong as overall market rebounds strongly
Nio is outperforming its local peers Xpeng and Li Auto, as the Hong Kong stock market posted its biggest gain in nearly four months.