Stocks

EV stocks fall in Hong Kong as broader market moves lower
At press time, NIO was down 3.4 percent, XPeng was down 3.45 percent and Li Auto was down 4.96 percent. ...
China plans to end crackdown on tech giants amid economic slowdown, reports say
China plans to hold a symposium with the country's big tech companies to show them that the regulatory storm will end to support the economy, according to multiple reports. ...
China, US in talks over on-site audit inspections, report says
The Chinese government is discussing with US regulators the logistics of allowing on-site audit inspections of Chinese companies listed in New York, according to Bloomberg. ...
EV stocks surge in Hong Kong as top meeting vows to stabilize China's economy
At press time, NIO was up 6.96 percent in Hong Kong, XPeng was up 5.61 percent and Li Auto was up 7.08 percent. ...
BYD announces buyback plan for its shares traded in China's A-share market
BYD plans to buy back shares worth RMB 1.8 billion to RMB 1.85 billion for its employee stock ownership plan. ...
Li Auto included in Shanghai-Hong Kong stock connect
The mainland-Hong Kong stock connect includes two channels, Shenzhen and Shanghai, and Li Auto's shares traded in Hong Kong were included in the Shenzhen channel last month. ...
Li Auto responds to being placed on SEC's list for possible delisting
Li Auto said that inclusion on the list is not equivalent to delisting from the US and that it will not have any impact on the company's actual business operations. ...
17 firms, including Li Auto, added to SEC list for possible delisting
The 17 companies are the fifth to be added to the list, and they have until May 12 to provide evidence to the SEC that they are not eligible for delisting. ...
CATL shares plunge as investors worry about rising costs affecting profits
Rumors surfaced yesterday that CATL may post earnings of less than RMB 5 billion in the first quarter, falling short of market expectations. ...
EV stocks rebound in Hong Kong after Monday's sell-off
At press time, NIO is up 10 percent, XPeng is up 6.69 percent and Li Auto is up 6 percent. ...