symbol: XPEV – Charm

Alibaba, JD.com, XPeng Soar In Hong Kong As PBOC’s Fresh Stimulus To Boost Stock Market Sends Chinese Main Stock Market Gauge Up By 3% – Alibaba Gr Hldgs (NYSE:BABA), Baidu (NASDAQ:BIDU)

The Chinese market, which reopened on Tuesday after a weeklong public holiday, was pressured on Wednesday as domestic traders did not get the additional stimulus they had factored in. Come Thursday, things took a turn for the better as the People’s Bank of China announced measures to boost the stability of the domestic equity market. What Happened:…

Chinese Stocks Plunge As Stimulus Hopes Fade: Hong Kong Posts Worst Daily Decline Since October 2008 – Alibaba Gr Hldgs (NYSE:BABA), Baidu (NASDAQ:BIDU)

Cs news2 months ago07 mins

After weeks of soaring performance that positioned Chinese stocks among the best global performers year-to-date, a sharp selloff swept across Chinese markets overnight, with the Hang Seng Index in Hong Kong plummeting more than 9% on Tuesday. The massive drop marks the index’s worst single-day loss since October 2008, during the height of the global…

China Stocks Are Cooling Off Thursday: What’s Going On? – Alibaba Gr Hldgs (NYSE:BABA), Baidu (NASDAQ:BIDU)

Cs news2 months ago05 mins

China stocks are taking a breather on Thursday after staging an impressive rally in recent weeks on the back of mounting stimulus optimism. Here’s a look at what’s going on. What To Know: Chinese indices ended their 13-day win steak on Thursday as markets tilted to risk-off amid rising concerns over ongoing Middle East tensions,…

Tesla A Tale Of 2 Regions, Rivian Unleashes More Powerful R1 Variants, Nio Aims Sales Surge With Low-End Model And More: Biggest EV Stories Of The Week – KraneShares Electric Vehicles and Future Mobility Index ETF (ARCA:KARS)

Cs news3 months ago06 mins

Electric vehicle stocks finished the week ended Sept. 20 on a mixed note despite the positive performance by the broader market. Tesla, Inc. TSLA rose to its highest level since late July amid some positive catalysts. Here’s a rundown on what happened in the EV space during the week: Tesla China, Europe Sales: China weekly…