Li Auto Cuts Q3 Delivery Outlook Hit By Supply Chain Woes
Li Auto Inc (NASDAQ:LI) has cut its third-quarter vehicle delivery outlook to 25,500. The previous outlook provided by the company was 27,000…
Alibaba Rises, Nio Muted But EV Rivals Rally: Hong Kong Stocks Buck The Trend As Asia Markets Bleed
Hong Kong shares opened in the green on Monday, defying a wider Asia trend as most markets in the region were still plagued by negative sentiment triggered by the U.S. Federal Reserve's aggressive rate hike and outlook.
The benchmark Hang Seng was 0.27% higher in early trading, while bourses in South Korea and Japan plunged over 2%.
Alibaba, XPeng Fall Over 1%: Hang Seng Opens Weaker As Investors Continue To Gauge Impact Of US Fed Rate Projections
Hong Kong stocks opened in the red on Friday, with shares of Alibaba and XPeng falling over 1% each as investors continued to gauge the U.S. Federal Reserve’s rate projections for tackling inflation. The Hang Seng Index fell 0.34% at the open and continues to trade near its 2011 lows.
12 Consumer Discretionary Stocks Moving In Thursday’s Pre-Market Session
Gainers
China Liberal Education (NASDAQ:CLEU) stock rose 9.3% to $0.95 during Thursday's pre-market session. The market value of their outstanding shares is at $15.0 million.
Li Auto Inc. to Early Launch Li L8 On Sept. 30
BEIJING, Sept. 22, 2022 (GLOBE NEWSWIRE) -- Li Auto Inc. ("Li Auto" or the "Company") (NASDAQ:LI, HKEX: 2015)))), a leader in China's new energy vehicle market, today announced that it will host a
Chemours, Alcoa And Other Big Losers From Wednesday
U.S. stocks closed lower with the Dow Jones dropping more than 500 points on Tuesday. Here is the list of some big stocks recording losses in the previous session.
Alibaba Plunges, Xpeng, Nio Nosedive: Fed Rate Hike and Projections Push Hang Seng To 2011 Lows
Hong Kong's benchmark Hang Seng Index lost over 1.9% in opening trade to hit 2011 lows after the U.S. Federal Reserve raised interest rates by 0.75% and indicated they could be hit as high as 4.6% next year.
That dented stocks of U.S.-listed Chinese EV makers, whose business prospects depend a lot on interest rates.
Why Alibaba, Nio, Xpeng Are Shooting Higher In Hong Kong Today
Hong Kong stocks on Monday rebounded from a six-month low following a late-session rally in U.S. stocks.