Stocks

Chinese EV trio's stocks fall in Hong Kong as overall market declines
In the meantime, stocks in the NEV industry chain in China's A-share market soared, with Gotion High-tech up 7.26 percent and CATL up 4.86 percent. ...
Ganfeng Lithium under probe by Chinese securities regulator for alleged insider trading
Ganfeng is suspected of insider trading in the shares of a company listed on China's A-share market, according to an announcement. ...
South Korean fund cuts Tesla holdings, favors Chinese EV makers including BYD and XPeng
The fund added to its holdings in Chinese EV makers including BYD and XPeng in March and April after "excessive drops". ...
CATL denies rumors that losses on its futures investments will drag down earnings
There have been rumors recently that CATL may recognize a loss on its futures investment in its first-half earnings report, leading to very poor second-quarter results. ...
BYD raises price cap on share buybacks as stock rises faster than it can execute
BYD previously announced a buyback price cap of RMB 300, but its shares have risen 40 percent in the past month to about RMB 330. ...
EV stocks rise in Hong Kong after China cuts interest rate
China's central bank today cut its benchmark LPR rate for 5-year and above by 15 basis points to 4.45 percent. ...
EV stocks fall in Hong Kong after US market selloff
At press time, NIO was down 5 percent in Hong Kong, ending a four-day winning streak. XPeng was down 5.24 percent and Li Auto was down 2.39 percent. ...
NIO extends gains in Hong Kong, while XPeng and Li Auto fall
NIO has risen for a fourth straight day in Hong Kong, bringing its cumulative gain since May 13 to about 30 percent. ...
NIO leads EV stock gains in Hong Kong amid overall market rally
This is the third consecutive day of gains for NIO in Hong Kong, with cumulative advances of about 17 percent since last Friday. ...
EV stocks soar in Hong Kong: NIO up 6%, XPeng up 8%
China is ramping up its economic stimulus, and the Covid situation in Shanghai is showing a significant improvement. ...