Chinese EV Trio's Stocks Fall in Hong Kong As Overall Market Declines

CnEVPost2022-07-07

In the meantime, stocks in the NEV industry chain in China's A-share market soared, with Gotion High-tech up 7.26 percent and CATL up 4.86 percent.

China's electric vehicle (EV) trio - NIO (NYSE: NIO, HKG: 9866, SGX: NIO), XPeng Motors (NYSE: XPEV, HKG: 9868), Li Auto (NASDAQ: LI, HKG: 2015) - fell in Hong Kong as the overall market moved lower.

At press time, NIO was down 5.84 percent to HK$162.8, XPeng was down 1.68 percent to HK$122.9 and Li Auto was down 2 percent to HK$152.2.

Hong Kong's Hang Seng Index was down 0.84 percent and the Hang Seng Tech Index was down 1.96 percent.

The performance followed that of the US stock market overnight. By Wednesday's close, NIO was down 6.09 percent in the US, XPeng was down 4.33 percent and Li Auto was down 3.5 percent.

In stark contrast to the performance of the Hong Kong market, the Chinese A-share market rose in early trading, with the NEV industry chain leading the gains.

As of writing, an ETF tracking the NEV sector was up 1.86 percent, Gotion High-tech was up 7.26 percent, Contemporary Amperex Technology Co Ltd (CATL, SHE: 300750) was up 4.86 percent and JAC was up 4.76 percent.

At the macroeconomic level, China's new Covid cases have increased recently, impacting investor sentiment to some extent.

On July 6, China added 94 new confirmed cases of Covid as well as 244 asymptomatic infections, according to health authorities.

Anhui added 39 confirmed cases and 128 asymptomatic infections yesterday, while Shanghai added 32 confirmed cases and 22 asymptomatic infections.

Optimism among investors in the A-share market about the NEV industry chain appears to be driven by new support policies announced earlier today.

Seventeen government departments, including China's Ministry of Commerce, issued a notice today, which mentioned that they support NEV consumption and will study the extension of the vehicle purchase tax exemption for NEVs after it expires.

This means that China's supportive policies for the auto industry, especially NEVs, are starting to enter the implementation phase after a high-level meeting in China late last month.

In specific company news, NIO held its second annual NIO Power Day event yesterday, unveiling the company's latest plans for building complementary energy facilities.

The company announced 500-kW ultra-fast charging piles and previewed its third-generation swap station.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

来人
2022-07-07
来人
Ok
Deonc
2022-07-07
Deonc
Good
Jason_LSE
2022-07-07
Jason_LSE
These are political driven stocks.[Sweats] [LOL]
Summer 夏天
2022-07-07
Summer 夏天
Oh
tan2023
2022-07-07
tan2023
Ok
CCYMoney
2022-07-07
CCYMoney
Noooo

Leave a comment

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By Wednesday&#39;s close, NIO was down 6.09 percent in the US, XPeng was down 4.33 percent and Li Auto was down 3.5 percent.</p><p>In stark contrast to the performance of the Hong Kong market, the Chinese A-share market rose in early trading, with the NEV industry chain leading the gains.</p><p>As of writing, an ETF tracking the NEV sector was up 1.86 percent, Gotion High-tech was up 7.26 percent, Contemporary Amperex Technology Co Ltd (CATL, SHE: 300750) was up 4.86 percent and JAC was up 4.76 percent.</p><p>At the macroeconomic level, China&#39;s new Covid cases have increased recently, impacting investor sentiment to some extent.</p><p>On July 6, China added 94 new confirmed cases of Covid as well as 244 asymptomatic infections, according to health authorities.</p><p>Anhui added 39 confirmed cases and 128 asymptomatic infections yesterday, while Shanghai added 32 confirmed cases and 22 asymptomatic infections.</p><p>Optimism among investors in the A-share market about the NEV industry chain appears to be driven by new support policies announced earlier today.</p><p>Seventeen government departments, including China&#39;s Ministry of Commerce, issued a notice today, which mentioned that they support NEV consumption and will study the extension of the vehicle purchase tax exemption for NEVs after it expires.</p><p>This means that China&#39;s supportive policies for the auto industry, especially NEVs, are starting to enter the implementation phase after a high-level meeting in China late last month.</p><p>In specific company news, NIO held its second annual NIO Power Day event yesterday, unveiling the company&#39;s latest plans for building complementary energy facilities.</p><p>The company announced 500-kW ultra-fast charging piles and previewed its third-generation swap station.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChinese EV Trio's Stocks Fall in Hong Kong As Overall Market Declines\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-07 10:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://cnevpost.com/2022/07/07/chinese-ev-trios-stocks-fall-in-hong-kong-as-overall-market-declines/><strong>CnEVPost</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In the meantime, stocks in the NEV industry chain in China's A-share market soared, with Gotion High-tech up 7.26 percent and CATL up 4.86 percent.China's electric vehicle (EV) trio - NIO (NYSE: NIO, ...</p>\n\n<a href=\"https://cnevpost.com/2022/07/07/chinese-ev-trios-stocks-fall-in-hong-kong-as-overall-market-declines/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09866":"蔚来-SW","NIO.SI":"蔚来","NIO":"蔚来","09868":"小鹏汽车-W","XPEV":"小鹏汽车","02015":"理想汽车-W","LI":"理想汽车"},"source_url":"https://cnevpost.com/2022/07/07/chinese-ev-trios-stocks-fall-in-hong-kong-as-overall-market-declines/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1195898162","content_text":"In the meantime, stocks in the NEV industry chain in China's A-share market soared, with Gotion High-tech up 7.26 percent and CATL up 4.86 percent.China's electric vehicle (EV) trio - NIO (NYSE: NIO, HKG: 9866, SGX: NIO), XPeng Motors (NYSE: XPEV, HKG: 9868), Li Auto (NASDAQ: LI, HKG: 2015) - fell in Hong Kong as the overall market moved lower.At press time, NIO was down 5.84 percent to HK$162.8, XPeng was down 1.68 percent to HK$122.9 and Li Auto was down 2 percent to HK$152.2.Hong Kong's Hang Seng Index was down 0.84 percent and the Hang Seng Tech Index was down 1.96 percent.The performance followed that of the US stock market overnight. By Wednesday's close, NIO was down 6.09 percent in the US, XPeng was down 4.33 percent and Li Auto was down 3.5 percent.In stark contrast to the performance of the Hong Kong market, the Chinese A-share market rose in early trading, with the NEV industry chain leading the gains.As of writing, an ETF tracking the NEV sector was up 1.86 percent, Gotion High-tech was up 7.26 percent, Contemporary Amperex Technology Co Ltd (CATL, SHE: 300750) was up 4.86 percent and JAC was up 4.76 percent.At the macroeconomic level, China's new Covid cases have increased recently, impacting investor sentiment to some extent.On July 6, China added 94 new confirmed cases of Covid as well as 244 asymptomatic infections, according to health authorities.Anhui added 39 confirmed cases and 128 asymptomatic infections yesterday, while Shanghai added 32 confirmed cases and 22 asymptomatic infections.Optimism among investors in the A-share market about the NEV industry chain appears to be driven by new support policies announced earlier today.Seventeen government departments, including China's Ministry of Commerce, issued a notice today, which mentioned that they support NEV consumption and will study the extension of the vehicle purchase tax exemption for NEVs after it expires.This means that China's supportive policies for the auto industry, especially NEVs, are starting to enter the implementation phase after a high-level meeting in China late last month.In specific company news, NIO held its second annual NIO Power Day event yesterday, unveiling the company's latest plans for building complementary energy facilities.The company announced 500-kW ultra-fast charging piles and previewed its third-generation swap station.","news_type":1,"symbols_score_info":{"09866":0.9,"09868":0.9,"NIO":0.9,"02015":0.9,"LI":0.9,"NIO.SI":0.9,"XPEV":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9079898496,"gmtCreate":1657165618215,"gmtModify":1676535962966,"author":{"id":"3569316529855154","authorId":"3569316529855154","name":"Deonc","avatar":"https://static.tigerbbs.com/d9aa45dd2eb58357f6477dcfb99d1415","vip":1,"crmLevel":11,"crmLevelSwitch":1,"idStr":"3569316529855154","authorIdStr":"3569316529855154"},"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9079898496","repostId":1195898162,"repostType":4,"repost":{"id":"1195898162","kind":"news","pubTimestamp":1657162409,"share":"https://ttm.financial/m/news/1195898162?lang=en_US&edition=fundamental","pubTime":"2022-07-07 10:53","market":"sg","language":"en","title":"Chinese EV Trio's Stocks Fall in Hong Kong As Overall Market Declines","url":"https://stock-news.laohu8.com/highlight/detail?id=1195898162","media":"CnEVPost","summary":"In the meantime, stocks in the NEV industry chain in China's A-share market soared, with Gotion High","content":"<html><head></head><body><p>In the meantime, stocks in the NEV industry chain in China&#39;s A-share market soared, with Gotion High-tech up 7.26 percent and CATL up 4.86 percent.</p><p>China&#39;s electric vehicle (EV) trio - NIO (NYSE: NIO, HKG: 9866, SGX: NIO), XPeng Motors (NYSE: XPEV, HKG: 9868), Li Auto (NASDAQ: LI, HKG: 2015) - fell in Hong Kong as the overall market moved lower.</p><p>At press time, NIO was down 5.84 percent to HK$162.8, XPeng was down 1.68 percent to HK$122.9 and Li Auto was down 2 percent to HK$152.2.</p><p>Hong Kong&#39;s Hang Seng Index was down 0.84 percent and the Hang Seng Tech Index was down 1.96 percent.</p><p>The performance followed that of the US stock market overnight. By Wednesday&#39;s close, NIO was down 6.09 percent in the US, XPeng was down 4.33 percent and Li Auto was down 3.5 percent.</p><p>In stark contrast to the performance of the Hong Kong market, the Chinese A-share market rose in early trading, with the NEV industry chain leading the gains.</p><p>As of writing, an ETF tracking the NEV sector was up 1.86 percent, Gotion High-tech was up 7.26 percent, Contemporary Amperex Technology Co Ltd (CATL, SHE: 300750) was up 4.86 percent and JAC was up 4.76 percent.</p><p>At the macroeconomic level, China&#39;s new Covid cases have increased recently, impacting investor sentiment to some extent.</p><p>On July 6, China added 94 new confirmed cases of Covid as well as 244 asymptomatic infections, according to health authorities.</p><p>Anhui added 39 confirmed cases and 128 asymptomatic infections yesterday, while Shanghai added 32 confirmed cases and 22 asymptomatic infections.</p><p>Optimism among investors in the A-share market about the NEV industry chain appears to be driven by new support policies announced earlier today.</p><p>Seventeen government departments, including China&#39;s Ministry of Commerce, issued a notice today, which mentioned that they support NEV consumption and will study the extension of the vehicle purchase tax exemption for NEVs after it expires.</p><p>This means that China&#39;s supportive policies for the auto industry, especially NEVs, are starting to enter the implementation phase after a high-level meeting in China late last month.</p><p>In specific company news, NIO held its second annual NIO Power Day event yesterday, unveiling the company&#39;s latest plans for building complementary energy facilities.</p><p>The company announced 500-kW ultra-fast charging piles and previewed its third-generation swap station.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChinese EV Trio's Stocks Fall in Hong Kong As Overall Market Declines\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-07 10:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://cnevpost.com/2022/07/07/chinese-ev-trios-stocks-fall-in-hong-kong-as-overall-market-declines/><strong>CnEVPost</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In the meantime, stocks in the NEV industry chain in China's A-share market soared, with Gotion High-tech up 7.26 percent and CATL up 4.86 percent.China's electric vehicle (EV) trio - NIO (NYSE: NIO, ...</p>\n\n<a href=\"https://cnevpost.com/2022/07/07/chinese-ev-trios-stocks-fall-in-hong-kong-as-overall-market-declines/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09866":"蔚来-SW","NIO.SI":"蔚来","NIO":"蔚来","09868":"小鹏汽车-W","XPEV":"小鹏汽车","02015":"理想汽车-W","LI":"理想汽车"},"source_url":"https://cnevpost.com/2022/07/07/chinese-ev-trios-stocks-fall-in-hong-kong-as-overall-market-declines/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1195898162","content_text":"In the meantime, stocks in the NEV industry chain in China's A-share market soared, with Gotion High-tech up 7.26 percent and CATL up 4.86 percent.China's electric vehicle (EV) trio - NIO (NYSE: NIO, HKG: 9866, SGX: NIO), XPeng Motors (NYSE: XPEV, HKG: 9868), Li Auto (NASDAQ: LI, HKG: 2015) - fell in Hong Kong as the overall market moved lower.At press time, NIO was down 5.84 percent to HK$162.8, XPeng was down 1.68 percent to HK$122.9 and Li Auto was down 2 percent to HK$152.2.Hong Kong's Hang Seng Index was down 0.84 percent and the Hang Seng Tech Index was down 1.96 percent.The performance followed that of the US stock market overnight. By Wednesday's close, NIO was down 6.09 percent in the US, XPeng was down 4.33 percent and Li Auto was down 3.5 percent.In stark contrast to the performance of the Hong Kong market, the Chinese A-share market rose in early trading, with the NEV industry chain leading the gains.As of writing, an ETF tracking the NEV sector was up 1.86 percent, Gotion High-tech was up 7.26 percent, Contemporary Amperex Technology Co Ltd (CATL, SHE: 300750) was up 4.86 percent and JAC was up 4.76 percent.At the macroeconomic level, China's new Covid cases have increased recently, impacting investor sentiment to some extent.On July 6, China added 94 new confirmed cases of Covid as well as 244 asymptomatic infections, according to health authorities.Anhui added 39 confirmed cases and 128 asymptomatic infections yesterday, while Shanghai added 32 confirmed cases and 22 asymptomatic infections.Optimism among investors in the A-share market about the NEV industry chain appears to be driven by new support policies announced earlier today.Seventeen government departments, including China's Ministry of Commerce, issued a notice today, which mentioned that they support NEV consumption and will study the extension of the vehicle purchase tax exemption for NEVs after it expires.This means that China's supportive policies for the auto industry, especially NEVs, are starting to enter the implementation phase after a high-level meeting in China late last month.In specific company news, NIO held its second annual NIO Power Day event yesterday, unveiling the company's latest plans for building complementary energy facilities.The company announced 500-kW ultra-fast charging piles and previewed its third-generation swap station.","news_type":1,"symbols_score_info":{"09866":0.9,"09868":0.9,"NIO":0.9,"02015":0.9,"LI":0.9,"NIO.SI":0.9,"XPEV":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9079808759,"gmtCreate":1657164340171,"gmtModify":1676535962739,"author":{"id":"4095252946433820","authorId":"4095252946433820","name":"Jason_LSE","avatar":"https://static.tigerbbs.com/60e2530d54f2a0d278bad7b3284cdef5","vip":1,"crmLevel":13,"crmLevelSwitch":0,"idStr":"4095252946433820","authorIdStr":"4095252946433820"},"htmlText":"These are political driven stocks.[Sweats]&nbsp;[LOL]&nbsp;","listText":"These are political driven stocks.[Sweats]&nbsp;[LOL]&nbsp;","text":"These are political driven stocks.[Sweats] [LOL]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9079808759","repostId":1195898162,"repostType":2,"repost":{"id":"1195898162","kind":"news","pubTimestamp":1657162409,"share":"https://ttm.financial/m/news/1195898162?lang=en_US&edition=fundamental","pubTime":"2022-07-07 10:53","market":"sg","language":"en","title":"Chinese EV Trio's Stocks Fall in Hong Kong As Overall Market Declines","url":"https://stock-news.laohu8.com/highlight/detail?id=1195898162","media":"CnEVPost","summary":"In the meantime, stocks in the NEV industry chain in China's A-share market soared, with Gotion High","content":"<html><head></head><body><p>In the meantime, stocks in the NEV industry chain in China&#39;s A-share market soared, with Gotion High-tech up 7.26 percent and CATL up 4.86 percent.</p><p>China&#39;s electric vehicle (EV) trio - NIO (NYSE: NIO, HKG: 9866, SGX: NIO), XPeng Motors (NYSE: XPEV, HKG: 9868), Li Auto (NASDAQ: LI, HKG: 2015) - fell in Hong Kong as the overall market moved lower.</p><p>At press time, NIO was down 5.84 percent to HK$162.8, XPeng was down 1.68 percent to HK$122.9 and Li Auto was down 2 percent to HK$152.2.</p><p>Hong Kong&#39;s Hang Seng Index was down 0.84 percent and the Hang Seng Tech Index was down 1.96 percent.</p><p>The performance followed that of the US stock market overnight. By Wednesday&#39;s close, NIO was down 6.09 percent in the US, XPeng was down 4.33 percent and Li Auto was down 3.5 percent.</p><p>In stark contrast to the performance of the Hong Kong market, the Chinese A-share market rose in early trading, with the NEV industry chain leading the gains.</p><p>As of writing, an ETF tracking the NEV sector was up 1.86 percent, Gotion High-tech was up 7.26 percent, Contemporary Amperex Technology Co Ltd (CATL, SHE: 300750) was up 4.86 percent and JAC was up 4.76 percent.</p><p>At the macroeconomic level, China&#39;s new Covid cases have increased recently, impacting investor sentiment to some extent.</p><p>On July 6, China added 94 new confirmed cases of Covid as well as 244 asymptomatic infections, according to health authorities.</p><p>Anhui added 39 confirmed cases and 128 asymptomatic infections yesterday, while Shanghai added 32 confirmed cases and 22 asymptomatic infections.</p><p>Optimism among investors in the A-share market about the NEV industry chain appears to be driven by new support policies announced earlier today.</p><p>Seventeen government departments, including China&#39;s Ministry of Commerce, issued a notice today, which mentioned that they support NEV consumption and will study the extension of the vehicle purchase tax exemption for NEVs after it expires.</p><p>This means that China&#39;s supportive policies for the auto industry, especially NEVs, are starting to enter the implementation phase after a high-level meeting in China late last month.</p><p>In specific company news, NIO held its second annual NIO Power Day event yesterday, unveiling the company&#39;s latest plans for building complementary energy facilities.</p><p>The company announced 500-kW ultra-fast charging piles and previewed its third-generation swap station.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chinese EV Trio's Stocks Fall in Hong Kong As Overall Market Declines</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChinese EV Trio's Stocks Fall in Hong Kong As Overall Market Declines\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-07 10:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://cnevpost.com/2022/07/07/chinese-ev-trios-stocks-fall-in-hong-kong-as-overall-market-declines/><strong>CnEVPost</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In the meantime, stocks in the NEV industry chain in China's A-share market soared, with Gotion High-tech up 7.26 percent and CATL up 4.86 percent.China's electric vehicle (EV) trio - NIO (NYSE: NIO, ...</p>\n\n<a href=\"https://cnevpost.com/2022/07/07/chinese-ev-trios-stocks-fall-in-hong-kong-as-overall-market-declines/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09866":"蔚来-SW","NIO.SI":"蔚来","NIO":"蔚来","09868":"小鹏汽车-W","XPEV":"小鹏汽车","02015":"理想汽车-W","LI":"理想汽车"},"source_url":"https://cnevpost.com/2022/07/07/chinese-ev-trios-stocks-fall-in-hong-kong-as-overall-market-declines/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1195898162","content_text":"In the meantime, stocks in the NEV industry chain in China's A-share market soared, with Gotion High-tech up 7.26 percent and CATL up 4.86 percent.China's electric vehicle (EV) trio - NIO (NYSE: NIO, HKG: 9866, SGX: NIO), XPeng Motors (NYSE: XPEV, HKG: 9868), Li Auto (NASDAQ: LI, HKG: 2015) - fell in Hong Kong as the overall market moved lower.At press time, NIO was down 5.84 percent to HK$162.8, XPeng was down 1.68 percent to HK$122.9 and Li Auto was down 2 percent to HK$152.2.Hong Kong's Hang Seng Index was down 0.84 percent and the Hang Seng Tech Index was down 1.96 percent.The performance followed that of the US stock market overnight. By Wednesday's close, NIO was down 6.09 percent in the US, XPeng was down 4.33 percent and Li Auto was down 3.5 percent.In stark contrast to the performance of the Hong Kong market, the Chinese A-share market rose in early trading, with the NEV industry chain leading the gains.As of writing, an ETF tracking the NEV sector was up 1.86 percent, Gotion High-tech was up 7.26 percent, Contemporary Amperex Technology Co Ltd (CATL, SHE: 300750) was up 4.86 percent and JAC was up 4.76 percent.At the macroeconomic level, China's new Covid cases have increased recently, impacting investor sentiment to some extent.On July 6, China added 94 new confirmed cases of Covid as well as 244 asymptomatic infections, according to health authorities.Anhui added 39 confirmed cases and 128 asymptomatic infections yesterday, while Shanghai added 32 confirmed cases and 22 asymptomatic infections.Optimism among investors in the A-share market about the NEV industry chain appears to be driven by new support policies announced earlier today.Seventeen government departments, including China's Ministry of Commerce, issued a notice today, which mentioned that they support NEV consumption and will study the extension of the vehicle purchase tax exemption for NEVs after it expires.This means that China's supportive policies for the auto industry, especially NEVs, are starting to enter the implementation phase after a high-level meeting in China late last month.In specific company news, NIO held its second annual NIO Power Day event yesterday, unveiling the company's latest plans for building complementary energy facilities.The company announced 500-kW ultra-fast charging piles and previewed its third-generation swap station.","news_type":1,"symbols_score_info":{"09866":0.9,"09868":0.9,"NIO":0.9,"02015":0.9,"LI":0.9,"NIO.SI":0.9,"XPEV":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9079801979,"gmtCreate":1657164119591,"gmtModify":1676535962684,"author":{"id":"3575368380492738","authorId":"3575368380492738","name":"Summer 夏天","avatar":"https://community-static.tradeup.com/news/bc64d38db1c0b8b3ad8ad330be5ba76a","vip":1,"crmLevel":11,"crmLevelSwitch":1,"idStr":"3575368380492738","authorIdStr":"3575368380492738"},"htmlText":"Oh","listText":"Oh","text":"Oh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9079801979","repostId":1195898162,"repostType":4,"repost":{"id":"1195898162","kind":"news","pubTimestamp":1657162409,"share":"https://ttm.financial/m/news/1195898162?lang=en_US&edition=fundamental","pubTime":"2022-07-07 10:53","market":"sg","language":"en","title":"Chinese EV Trio's Stocks Fall in Hong Kong As Overall Market Declines","url":"https://stock-news.laohu8.com/highlight/detail?id=1195898162","media":"CnEVPost","summary":"In the meantime, stocks in the NEV industry chain in China's A-share market soared, with Gotion High","content":"<html><head></head><body><p>In the meantime, stocks in the NEV industry chain in China&#39;s A-share market soared, with Gotion High-tech up 7.26 percent and CATL up 4.86 percent.</p><p>China&#39;s electric vehicle (EV) trio - NIO (NYSE: NIO, HKG: 9866, SGX: NIO), XPeng Motors (NYSE: XPEV, HKG: 9868), Li Auto (NASDAQ: LI, HKG: 2015) - fell in Hong Kong as the overall market moved lower.</p><p>At press time, NIO was down 5.84 percent to HK$162.8, XPeng was down 1.68 percent to HK$122.9 and Li Auto was down 2 percent to HK$152.2.</p><p>Hong Kong&#39;s Hang Seng Index was down 0.84 percent and the Hang Seng Tech Index was down 1.96 percent.</p><p>The performance followed that of the US stock market overnight. By Wednesday&#39;s close, NIO was down 6.09 percent in the US, XPeng was down 4.33 percent and Li Auto was down 3.5 percent.</p><p>In stark contrast to the performance of the Hong Kong market, the Chinese A-share market rose in early trading, with the NEV industry chain leading the gains.</p><p>As of writing, an ETF tracking the NEV sector was up 1.86 percent, Gotion High-tech was up 7.26 percent, Contemporary Amperex Technology Co Ltd (CATL, SHE: 300750) was up 4.86 percent and JAC was up 4.76 percent.</p><p>At the macroeconomic level, China&#39;s new Covid cases have increased recently, impacting investor sentiment to some extent.</p><p>On July 6, China added 94 new confirmed cases of Covid as well as 244 asymptomatic infections, according to health authorities.</p><p>Anhui added 39 confirmed cases and 128 asymptomatic infections yesterday, while Shanghai added 32 confirmed cases and 22 asymptomatic infections.</p><p>Optimism among investors in the A-share market about the NEV industry chain appears to be driven by new support policies announced earlier today.</p><p>Seventeen government departments, including China&#39;s Ministry of Commerce, issued a notice today, which mentioned that they support NEV consumption and will study the extension of the vehicle purchase tax exemption for NEVs after it expires.</p><p>This means that China&#39;s supportive policies for the auto industry, especially NEVs, are starting to enter the implementation phase after a high-level meeting in China late last month.</p><p>In specific company news, NIO held its second annual NIO Power Day event yesterday, unveiling the company&#39;s latest plans for building complementary energy facilities.</p><p>The company announced 500-kW ultra-fast charging piles and previewed its third-generation swap station.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChinese EV Trio's Stocks Fall in Hong Kong As Overall Market Declines\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-07 10:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://cnevpost.com/2022/07/07/chinese-ev-trios-stocks-fall-in-hong-kong-as-overall-market-declines/><strong>CnEVPost</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In the meantime, stocks in the NEV industry chain in China's A-share market soared, with Gotion High-tech up 7.26 percent and CATL up 4.86 percent.China's electric vehicle (EV) trio - NIO (NYSE: NIO, ...</p>\n\n<a href=\"https://cnevpost.com/2022/07/07/chinese-ev-trios-stocks-fall-in-hong-kong-as-overall-market-declines/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09866":"蔚来-SW","NIO.SI":"蔚来","NIO":"蔚来","09868":"小鹏汽车-W","XPEV":"小鹏汽车","02015":"理想汽车-W","LI":"理想汽车"},"source_url":"https://cnevpost.com/2022/07/07/chinese-ev-trios-stocks-fall-in-hong-kong-as-overall-market-declines/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1195898162","content_text":"In the meantime, stocks in the NEV industry chain in China's A-share market soared, with Gotion High-tech up 7.26 percent and CATL up 4.86 percent.China's electric vehicle (EV) trio - NIO (NYSE: NIO, HKG: 9866, SGX: NIO), XPeng Motors (NYSE: XPEV, HKG: 9868), Li Auto (NASDAQ: LI, HKG: 2015) - fell in Hong Kong as the overall market moved lower.At press time, NIO was down 5.84 percent to HK$162.8, XPeng was down 1.68 percent to HK$122.9 and Li Auto was down 2 percent to HK$152.2.Hong Kong's Hang Seng Index was down 0.84 percent and the Hang Seng Tech Index was down 1.96 percent.The performance followed that of the US stock market overnight. By Wednesday's close, NIO was down 6.09 percent in the US, XPeng was down 4.33 percent and Li Auto was down 3.5 percent.In stark contrast to the performance of the Hong Kong market, the Chinese A-share market rose in early trading, with the NEV industry chain leading the gains.As of writing, an ETF tracking the NEV sector was up 1.86 percent, Gotion High-tech was up 7.26 percent, Contemporary Amperex Technology Co Ltd (CATL, SHE: 300750) was up 4.86 percent and JAC was up 4.76 percent.At the macroeconomic level, China's new Covid cases have increased recently, impacting investor sentiment to some extent.On July 6, China added 94 new confirmed cases of Covid as well as 244 asymptomatic infections, according to health authorities.Anhui added 39 confirmed cases and 128 asymptomatic infections yesterday, while Shanghai added 32 confirmed cases and 22 asymptomatic infections.Optimism among investors in the A-share market about the NEV industry chain appears to be driven by new support policies announced earlier today.Seventeen government departments, including China's Ministry of Commerce, issued a notice today, which mentioned that they support NEV consumption and will study the extension of the vehicle purchase tax exemption for NEVs after it expires.This means that China's supportive policies for the auto industry, especially NEVs, are starting to enter the implementation phase after a high-level meeting in China late last month.In specific company news, NIO held its second annual NIO Power Day event yesterday, unveiling the company's latest plans for building complementary energy facilities.The company announced 500-kW ultra-fast charging piles and previewed its third-generation swap station.","news_type":1,"symbols_score_info":{"09866":0.9,"09868":0.9,"NIO":0.9,"02015":0.9,"LI":0.9,"NIO.SI":0.9,"XPEV":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9079803143,"gmtCreate":1657164044083,"gmtModify":1676535962681,"author":{"id":"3547083899189926","authorId":"3547083899189926","name":"tan2023","avatar":"https://community-static.tradeup.com/news/d3592f2d855ceef0f5a68c7d961d5a2c","vip":1,"crmLevel":11,"crmLevelSwitch":0,"idStr":"3547083899189926","authorIdStr":"3547083899189926"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9079803143","repostId":1195898162,"repostType":4,"repost":{"id":"1195898162","kind":"news","pubTimestamp":1657162409,"share":"https://ttm.financial/m/news/1195898162?lang=en_US&edition=fundamental","pubTime":"2022-07-07 10:53","market":"sg","language":"en","title":"Chinese EV Trio's Stocks Fall in Hong Kong As Overall Market Declines","url":"https://stock-news.laohu8.com/highlight/detail?id=1195898162","media":"CnEVPost","summary":"In the meantime, stocks in the NEV industry chain in China's A-share market soared, with Gotion High","content":"<html><head></head><body><p>In the meantime, stocks in the NEV industry chain in China&#39;s A-share market soared, with Gotion High-tech up 7.26 percent and CATL up 4.86 percent.</p><p>China&#39;s electric vehicle (EV) trio - NIO (NYSE: NIO, HKG: 9866, SGX: NIO), XPeng Motors (NYSE: XPEV, HKG: 9868), Li Auto (NASDAQ: LI, HKG: 2015) - fell in Hong Kong as the overall market moved lower.</p><p>At press time, NIO was down 5.84 percent to HK$162.8, XPeng was down 1.68 percent to HK$122.9 and Li Auto was down 2 percent to HK$152.2.</p><p>Hong Kong&#39;s Hang Seng Index was down 0.84 percent and the Hang Seng Tech Index was down 1.96 percent.</p><p>The performance followed that of the US stock market overnight. By Wednesday&#39;s close, NIO was down 6.09 percent in the US, XPeng was down 4.33 percent and Li Auto was down 3.5 percent.</p><p>In stark contrast to the performance of the Hong Kong market, the Chinese A-share market rose in early trading, with the NEV industry chain leading the gains.</p><p>As of writing, an ETF tracking the NEV sector was up 1.86 percent, Gotion High-tech was up 7.26 percent, Contemporary Amperex Technology Co Ltd (CATL, SHE: 300750) was up 4.86 percent and JAC was up 4.76 percent.</p><p>At the macroeconomic level, China&#39;s new Covid cases have increased recently, impacting investor sentiment to some extent.</p><p>On July 6, China added 94 new confirmed cases of Covid as well as 244 asymptomatic infections, according to health authorities.</p><p>Anhui added 39 confirmed cases and 128 asymptomatic infections yesterday, while Shanghai added 32 confirmed cases and 22 asymptomatic infections.</p><p>Optimism among investors in the A-share market about the NEV industry chain appears to be driven by new support policies announced earlier today.</p><p>Seventeen government departments, including China&#39;s Ministry of Commerce, issued a notice today, which mentioned that they support NEV consumption and will study the extension of the vehicle purchase tax exemption for NEVs after it expires.</p><p>This means that China&#39;s supportive policies for the auto industry, especially NEVs, are starting to enter the implementation phase after a high-level meeting in China late last month.</p><p>In specific company news, NIO held its second annual NIO Power Day event yesterday, unveiling the company&#39;s latest plans for building complementary energy facilities.</p><p>The company announced 500-kW ultra-fast charging piles and previewed its third-generation swap station.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChinese EV Trio's Stocks Fall in Hong Kong As Overall Market Declines\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-07 10:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://cnevpost.com/2022/07/07/chinese-ev-trios-stocks-fall-in-hong-kong-as-overall-market-declines/><strong>CnEVPost</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In the meantime, stocks in the NEV industry chain in China's A-share market soared, with Gotion High-tech up 7.26 percent and CATL up 4.86 percent.China's electric vehicle (EV) trio - NIO (NYSE: NIO, ...</p>\n\n<a href=\"https://cnevpost.com/2022/07/07/chinese-ev-trios-stocks-fall-in-hong-kong-as-overall-market-declines/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09866":"蔚来-SW","NIO.SI":"蔚来","NIO":"蔚来","09868":"小鹏汽车-W","XPEV":"小鹏汽车","02015":"理想汽车-W","LI":"理想汽车"},"source_url":"https://cnevpost.com/2022/07/07/chinese-ev-trios-stocks-fall-in-hong-kong-as-overall-market-declines/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1195898162","content_text":"In the meantime, stocks in the NEV industry chain in China's A-share market soared, with Gotion High-tech up 7.26 percent and CATL up 4.86 percent.China's electric vehicle (EV) trio - NIO (NYSE: NIO, HKG: 9866, SGX: NIO), XPeng Motors (NYSE: XPEV, HKG: 9868), Li Auto (NASDAQ: LI, HKG: 2015) - fell in Hong Kong as the overall market moved lower.At press time, NIO was down 5.84 percent to HK$162.8, XPeng was down 1.68 percent to HK$122.9 and Li Auto was down 2 percent to HK$152.2.Hong Kong's Hang Seng Index was down 0.84 percent and the Hang Seng Tech Index was down 1.96 percent.The performance followed that of the US stock market overnight. By Wednesday's close, NIO was down 6.09 percent in the US, XPeng was down 4.33 percent and Li Auto was down 3.5 percent.In stark contrast to the performance of the Hong Kong market, the Chinese A-share market rose in early trading, with the NEV industry chain leading the gains.As of writing, an ETF tracking the NEV sector was up 1.86 percent, Gotion High-tech was up 7.26 percent, Contemporary Amperex Technology Co Ltd (CATL, SHE: 300750) was up 4.86 percent and JAC was up 4.76 percent.At the macroeconomic level, China's new Covid cases have increased recently, impacting investor sentiment to some extent.On July 6, China added 94 new confirmed cases of Covid as well as 244 asymptomatic infections, according to health authorities.Anhui added 39 confirmed cases and 128 asymptomatic infections yesterday, while Shanghai added 32 confirmed cases and 22 asymptomatic infections.Optimism among investors in the A-share market about the NEV industry chain appears to be driven by new support policies announced earlier today.Seventeen government departments, including China's Ministry of Commerce, issued a notice today, which mentioned that they support NEV consumption and will study the extension of the vehicle purchase tax exemption for NEVs after it expires.This means that China's supportive policies for the auto industry, especially NEVs, are starting to enter the implementation phase after a high-level meeting in China late last month.In specific company news, NIO held its second annual NIO Power Day event yesterday, unveiling the company's latest plans for building complementary energy facilities.The company announced 500-kW ultra-fast charging piles and previewed its third-generation swap station.","news_type":1,"symbols_score_info":{"09866":0.9,"09868":0.9,"NIO":0.9,"02015":0.9,"LI":0.9,"NIO.SI":0.9,"XPEV":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9079803335,"gmtCreate":1657164005329,"gmtModify":1676535962666,"author":{"id":"3581714708617316","authorId":"3581714708617316","name":"CCYMoney","avatar":"https://static.tigerbbs.com/5049d73c8031af1f31bdfad6bd82929f","vip":1,"crmLevel":11,"crmLevelSwitch":0,"idStr":"3581714708617316","authorIdStr":"3581714708617316"},"htmlText":"Noooo","listText":"Noooo","text":"Noooo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9079803335","repostId":1195898162,"repostType":4,"repost":{"id":"1195898162","kind":"news","pubTimestamp":1657162409,"share":"https://ttm.financial/m/news/1195898162?lang=en_US&edition=fundamental","pubTime":"2022-07-07 10:53","market":"sg","language":"en","title":"Chinese EV Trio's Stocks Fall in Hong Kong As Overall Market Declines","url":"https://stock-news.laohu8.com/highlight/detail?id=1195898162","media":"CnEVPost","summary":"In the meantime, stocks in the NEV industry chain in China's A-share market soared, with Gotion High","content":"<html><head></head><body><p>In the meantime, stocks in the NEV industry chain in China&#39;s A-share market soared, with Gotion High-tech up 7.26 percent and CATL up 4.86 percent.</p><p>China&#39;s electric vehicle (EV) trio - NIO (NYSE: NIO, HKG: 9866, SGX: NIO), XPeng Motors (NYSE: XPEV, HKG: 9868), Li Auto (NASDAQ: LI, HKG: 2015) - fell in Hong Kong as the overall market moved lower.</p><p>At press time, NIO was down 5.84 percent to HK$162.8, XPeng was down 1.68 percent to HK$122.9 and Li Auto was down 2 percent to HK$152.2.</p><p>Hong Kong&#39;s Hang Seng Index was down 0.84 percent and the Hang Seng Tech Index was down 1.96 percent.</p><p>The performance followed that of the US stock market overnight. By Wednesday&#39;s close, NIO was down 6.09 percent in the US, XPeng was down 4.33 percent and Li Auto was down 3.5 percent.</p><p>In stark contrast to the performance of the Hong Kong market, the Chinese A-share market rose in early trading, with the NEV industry chain leading the gains.</p><p>As of writing, an ETF tracking the NEV sector was up 1.86 percent, Gotion High-tech was up 7.26 percent, Contemporary Amperex Technology Co Ltd (CATL, SHE: 300750) was up 4.86 percent and JAC was up 4.76 percent.</p><p>At the macroeconomic level, China&#39;s new Covid cases have increased recently, impacting investor sentiment to some extent.</p><p>On July 6, China added 94 new confirmed cases of Covid as well as 244 asymptomatic infections, according to health authorities.</p><p>Anhui added 39 confirmed cases and 128 asymptomatic infections yesterday, while Shanghai added 32 confirmed cases and 22 asymptomatic infections.</p><p>Optimism among investors in the A-share market about the NEV industry chain appears to be driven by new support policies announced earlier today.</p><p>Seventeen government departments, including China&#39;s Ministry of Commerce, issued a notice today, which mentioned that they support NEV consumption and will study the extension of the vehicle purchase tax exemption for NEVs after it expires.</p><p>This means that China&#39;s supportive policies for the auto industry, especially NEVs, are starting to enter the implementation phase after a high-level meeting in China late last month.</p><p>In specific company news, NIO held its second annual NIO Power Day event yesterday, unveiling the company&#39;s latest plans for building complementary energy facilities.</p><p>The company announced 500-kW ultra-fast charging piles and previewed its third-generation swap station.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chinese EV Trio's Stocks Fall in Hong Kong As Overall Market Declines</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChinese EV Trio's Stocks Fall in Hong Kong As Overall Market Declines\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-07 10:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://cnevpost.com/2022/07/07/chinese-ev-trios-stocks-fall-in-hong-kong-as-overall-market-declines/><strong>CnEVPost</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In the meantime, stocks in the NEV industry chain in China's A-share market soared, with Gotion High-tech up 7.26 percent and CATL up 4.86 percent.China's electric vehicle (EV) trio - NIO (NYSE: NIO, ...</p>\n\n<a href=\"https://cnevpost.com/2022/07/07/chinese-ev-trios-stocks-fall-in-hong-kong-as-overall-market-declines/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09866":"蔚来-SW","NIO.SI":"蔚来","NIO":"蔚来","09868":"小鹏汽车-W","XPEV":"小鹏汽车","02015":"理想汽车-W","LI":"理想汽车"},"source_url":"https://cnevpost.com/2022/07/07/chinese-ev-trios-stocks-fall-in-hong-kong-as-overall-market-declines/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1195898162","content_text":"In the meantime, stocks in the NEV industry chain in China's A-share market soared, with Gotion High-tech up 7.26 percent and CATL up 4.86 percent.China's electric vehicle (EV) trio - NIO (NYSE: NIO, HKG: 9866, SGX: NIO), XPeng Motors (NYSE: XPEV, HKG: 9868), Li Auto (NASDAQ: LI, HKG: 2015) - fell in Hong Kong as the overall market moved lower.At press time, NIO was down 5.84 percent to HK$162.8, XPeng was down 1.68 percent to HK$122.9 and Li Auto was down 2 percent to HK$152.2.Hong Kong's Hang Seng Index was down 0.84 percent and the Hang Seng Tech Index was down 1.96 percent.The performance followed that of the US stock market overnight. By Wednesday's close, NIO was down 6.09 percent in the US, XPeng was down 4.33 percent and Li Auto was down 3.5 percent.In stark contrast to the performance of the Hong Kong market, the Chinese A-share market rose in early trading, with the NEV industry chain leading the gains.As of writing, an ETF tracking the NEV sector was up 1.86 percent, Gotion High-tech was up 7.26 percent, Contemporary Amperex Technology Co Ltd (CATL, SHE: 300750) was up 4.86 percent and JAC was up 4.76 percent.At the macroeconomic level, China's new Covid cases have increased recently, impacting investor sentiment to some extent.On July 6, China added 94 new confirmed cases of Covid as well as 244 asymptomatic infections, according to health authorities.Anhui added 39 confirmed cases and 128 asymptomatic infections yesterday, while Shanghai added 32 confirmed cases and 22 asymptomatic infections.Optimism among investors in the A-share market about the NEV industry chain appears to be driven by new support policies announced earlier today.Seventeen government departments, including China's Ministry of Commerce, issued a notice today, which mentioned that they support NEV consumption and will study the extension of the vehicle purchase tax exemption for NEVs after it expires.This means that China's supportive policies for the auto industry, especially NEVs, are starting to enter the implementation phase after a high-level meeting in China late last month.In specific company news, NIO held its second annual NIO Power Day event yesterday, unveiling the company's latest plans for building complementary energy facilities.The company announced 500-kW ultra-fast charging piles and previewed its third-generation swap station.","news_type":1,"symbols_score_info":{"09866":0.9,"09868":0.9,"NIO":0.9,"02015":0.9,"LI":0.9,"NIO.SI":0.9,"XPEV":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":89,"commentSize":13,"repostSize":0,"favoriteSize":1,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1195898162","isCrawlerRequest":true}