Research Note

  • HSBC lowers its price target on Nio from $69 to $47

    HSBC expects Nio's product cycle to pick up momentum in 2022 with new models.

  • Evergrande and chip shortages: How to understand the drama during China's mid-autumn holiday?

    How to make sense of all this drama during the Chinese holiday? Edison Yu, an analyst at Deutsche Bank, gave his take in a research note sent to investors on Tuesday.

  • Nio targets annual production capacity of 600,000 units by end of 2022, according to Deutsche Bank

    Another 300,000 units of capacity will come from the plant currently under construction in NeoPark, which is expected to be completed in the second half of 2022.

  • Deutsche Bank says Li Auto's Q2 report and guidance 'non-events'

    Despite reporting a stronger-than-expected performance for the second quarter, Li Auto's guidance for the future doesn't seem to be as exciting as Nio or Xpeng Motors.

  • Deutsche Bank raises price target on Xpeng by $1 to $51, maintains Buy rating

    Edison Yu's team maintained a Buy rating on Xpeng and raised their price target by $1 to $51 to reflect their higher expectations for the company's future deliveries.

  • CITIC Securities says BYD's reasonable market value should exceed RMB 1 trillion

    More analysts believe BYD's market capitalization will exceed 1 trillion yuan.

  • Citi initiates coverage on Li Auto with Buy rating and HK$165 price target

    Citi has initiated coverage of Li Auto's Hong Kong shares with a Buy rating and a HK$165 price target. Li Auto closed at HK$106.3 on Tuesday, and the price target implies a 55 percent upside.

  • CITIC Securities initiates coverage on Xpeng with Buy rating and $55 price target

    Xpeng closed down 6.58 percent to $37.51 in the US on Monday, and the target price implies 47 percent upside.

  • CICC initiates coverage on Li Auto H shares with Outperform rating and HK$187 price target

    Li Auto closed at HK$ 106.4 in Hong Kong on Monday, and CICC's price target implies 76 percent upside.

  • Everbright Securities lowers Nio price target by 4% to $48.53, maintains Buy rating

    A team at Everbright Securities lowered its earnings forecast and price target for Nio after the company announced its second-quarter earnings report.