Stocks
EV stocks soar in HK: Nio up 12%, Xpeng up 20%
Nio and Li Auto are both up about 30 percent since last Monday, while Xpeng has rallied 70 percent in the same period.
Nio, Xpeng, Li Auto see epic rally in US, what happened?
"We think a large part of the rally was caused by a short squeeze as investors were caught being too negative on the group given Covid and competition concerns," said Deutsche Bank analyst Edison Yu's team.
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 percent to HK$71.
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.
Nio takes stake in Australian lithium firm Greenwing, sending latter's share price soaring over 60%
Nio, through its wholly owned subsidiary Blue Northstar Limited, has agreed to pay A$12 million to Greenwing in a strategic financing deal.
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.
China, US regulators sign deal to avoid delistings from New York
China and the US signed an agreement on audit regulation and will launch the cooperation in the near future, according to a statement.
Hong Kong auditor regulator says it will provide all necessary assistance for US-China cooperation
Hong Kong's Financial Reporting Council said it supports mutual cross-border cooperation and will provide all necessary assistance and make appropriate arrangements within its mandate.
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.