HK EV Stocks Plunge as Global Trade War Escalates
Nio Stock (NIO) Plummets as Chinese EV Competition Heats Up
NIO Inc Options Spot-On: On April 4th, 467.03K Contracts Were Traded, With 3.81 Million Open Interest
Sector Update: Consumer Stocks Fall in Afternoon Trading
Market Chatter: Nio Launches New Round of Job Cuts in Europe
Alibaba, PDD, and Other China Stocks Sink as China Retaliates to Trump Tariffs
Cui Dongshu: In February, the national second-hand car market Trade volume was 1.39 million units, a decrease of 5% month-on-month and an increase of 15.78% year-on-year.
In February 2025, the national used car market traded 1.39 million units, a month-on-month decrease of 5% and a year-on-year increase of 15.78%, with a transaction amount of 89.9 billion yuan, a year-on-year increase of 7.5%.
Express News | Ishares MSCI China ETF Down 3.1%, Ishares China Large Cap ETF Down 3.7%, Kraneshares CSI China Internet ETF Down 4.4%
Express News | Alibaba Down 5%, PDD Holdings Down 4.5%, NetEase Down 3.1%, Baidu Down 4.2%, JD.com Down 4.1%
Express News | U.S.-Listed Shares of Chinese Firms Fall Premarket as China Retaliates With 34% Impose Tariffs on All US Goods
Express News | Shares of US-listed Chinese Companies Are Trading Lower as Markets React to President Trump's Announcement of Sweeping Tariffs
Express News | Ishares MSCI China ETF Fall 1.3%, Kraneshares CSI China Internet ETF Down 1.7%
Express News | U.S.-Listed Shares of Chinese Firms Down Premarket After Trump's Reciprocal Tariffs
Tariffs exceeded expectations, U.S. stock Futures plummeted, Apple fell sharply over 7% after hours, U.S. bonds rebounded, and Futures gold reached a new high five times.
Tesla initially fell over 6% but ended up rising over 5%. After Trump announced reciprocal tariffs, the yield on the ten-year U.S. Treasury bond first hit a daily high and then turned lower; Bitcoin surged past the 0.088 million mark before dropping over 3000 dollars. Crude Oil Product closed at a new high for over two months but turned down after Trump's announcement of tariffs.
U.S. stock market closes: all three major Indexes collectively rise as investors hold their breath waiting for Trump's tariffs.
① China Concept Stocks showed mixed performance, with the Nasdaq China Golden Dragon Index closing down 0.09%; ② Tesla closed up 5.31% after reports that Musk would leave the Department of Government Efficiency (DOGE) in the coming weeks; ③ Tesla's Q1 delivery volume plummeted to a two-and-a-half-year low; ④ The cloud of suspicion surrounding Trump's "cash-out" affected DJT's stock price.
NIO Inc Options Spot-On: On April 2nd, 67,244 Contracts Were Traded, With 3.77 Million Open Interest
Cui Dongshu: China's export of RBOB Gasoline vehicles makes a significant contribution. In 2024, the export of conventional RBOB Gasoline models from China is expected to reach 4.4 million units, a year-on-year increase of 26%.
In 2024, the annual export of conventional RBOB Gasoline vehicles from China is 4.4 million units, an increase of 26%, while the annual export of pure electric vehicles from China is 1.7 million units, an increase of 6%.
Tesla (TSLA.US) saw a year-on-year decline of 11.5% in delivery volume in China in March, lagging behind its competitors.
In March, Tesla China sold 78,828 Model 3 and Model Y Autos.
Tesla's European Sales Decline For 3rd Consecutive Month Amid China Competition, CEO Elon Musk's Political Controversies
Shen Fei, the new president of LeDao: Accept new challenges, let more people know about LeDao, understand LeDao, and choose LeDao.
Sina Technology reported on April 2 that NIO announced today the departure of Ai Tiecheng, with the former head of Energy Business, Shen Fei, appointed as the president of Youdao Autos, fully responsible for Youdao's sales work and regional company management. Shen Fei stated in a post on the Youdao App, "Thank you to the Youdao team for creating the ultimate product that brings family joy and home management. Whether it's the L60 or the upcoming L90, these are the most worthy cars of this era, spending every penny on peace of mind and freedom." "As a veteran involved in building the NIO Energy Service Network, I accept this new challenge today, confident that together with everyone, we will create a new journey. My team and I will continue to...