Wow Xpeng delivered the most out of the 3 EV companies featured 👏
XPeng, NIO, Li Auto Report Big December Deliveries. That’s Good For Tesla
The three U.S.-listed Chinese electric vehicle makers started 2022 off with a bang, all reporting big delivery figures for December.NIO (ticker: NIO), XPeng (XPEV) and Li Auto (LI) on Saturday morning
Quite mind-boggling. Instead of selling their stake of JD shares on the market, Tencent decided to give them (donate) to its shareholders instead. Perhaps they wanted to prevent a misperception that JD was not a good investment? 🤔
JD Stock: The Tencent News That Has Chinese Tech JD.com Tumbling Today
JD.com stock is taking a beating on Thursday following news about Tencent giving away its stake in the Chinese e-commerce company.At least, Tencent will give away most of its stake in the company. It announced a special one-time dividend that will have it distributing shares of JD stock to its shareholders. That will have to reduce its ownership of the company’s stock by 457 million. That will drop its stake from 17% to 2.3%.According to Tencent, it’s reducing its stake in JD.com because the com
Nio is now moving into the international market and increasing its TAM. Buy on the dip! 👍
Why Nio Shares Dropped Again Today
Chinese electric vehicle maker Nioheld its annual Nio Day event last weekend where it unveiled its latest new electric sedan. Though customers appear to be eager to purchase one, Nio stock's continued decline has resulted in a 22% drop in the stock's value over the past month. Today, shares dropped 1.03% and continued to slide 1.34% in extended hours.Nio hasn't put out any company-specific news today, but it introduced its new ET5 electric sedan last weekend, which it hopes will compete with Te