Market Update | Most Autos stocks rose, NIO increased by over 5%, Li Auto grew by 2%, and Trump plans measures to mitigate the impact of car tariffs.

According to market news, President Trump of the USA will announce measures on Tuesday (April 29) to mitigate the impact of auto tariffs.

Zhitong Finance32minutes ago

The market may reach a critical juncture in the short term, with Banks and Electrical Utilities showing repeated activity, and the Technology Sector poised to take off.

Track the entire lifecycle of the main Sector.

cls.cn53minutes ago

China Securities Co.,Ltd.: In March, domestic electric vehicle sales increased significantly both year-on-year and month-on-month, raising the annual sales forecast to 16.2 million vehicles.

China Securities Co.,Ltd. released a Research Report stating that in March, the domestic Electric Vehicles sales according to the China Association of Automobile Manufacturers reached 1.237 million units, with a year-on-year/ month-on-month increase of +40.1%/+38.7%; according to the Passenger Vehicle Association, the wholesale of Electric Passenger Vehicles was 1.129 million units, with a year-on-year/ month-on-month increase of +38.6%/+36.1%, a penetration rate of 46.8%, and a month-on-month decrease of -0.1%.

Zhitong Finance19:50 ET

Trump to Soften Blow of Automotive Tariffs

WSJ19:04 ET

Overnight US stocks | The three major Indexes fluctuated, with the S&P and Dow Jones experiencing a thrilling five-day rise, and NIO (NIO.US) increasing by nearly 7%.

At the close, the Dow Jones Industrial Average rose by 114.09 points, an increase of 0.28%, closing at 40,227.59 points; the Nasdaq fell by 16.81 points, a decrease of 0.10%, closing at 17,366.13 points; the S&P 500 Index rose by 3.54 points, an increase of 0.06%, closing at 5,528.75 points.

Zhitong Finance18:00 ET

U.S. stocks closed mixed: the three major Indexes showed different trends as investors focused on Technology stock Earnings Reports.

① Most China Concept Stocks rose, with the Nasdaq China Golden Dragon Index up 0.68%; ② IBM announced a 150 billion dollar investment plan; ③ Sony Group is reportedly considering splitting its Semiconductors business; ④ NXP Semiconductors Q1 revenue was 2.84 billion dollars, higher than market expectations.

cls.cn17:39 ET