The Latest Breaking News from Li

Shares of U.S.-listed Chinese tech companies traded notably lower in Hong Kong on Friday amid lingering worries about U.S.-delisting fears of dual-listed Chinese companies.

China Renaissance analyst Yiming Wang initiated coverage on XPeng Inc (NYSE:XPEV), NIO Inc (NYSE:NIO), and Li Auto Inc (NASDAQ:LI). The analyst notes that the Chinese emerging EV automakers embraced a new rapid growth stage after being undervalued in 2019 and 2020.  Wang initiated XPeng with a Buy and $55.60 price target (94% upside), citing it as the sector's top…

Shares of U.S.-listed Chinese tech companies traded mixed in Hong Kong on Thursday after tech conglomerate Tencent Holdings Limited (OTC: TCHEY) reported weak earnings results for the fourth quarter.  

Shares of U.S.-listed Chinese tech companies traded notably higher in Hong Kong on Wednesday following upbeat quarterly earnings results from companies such as smartphone maker Xiaomi Corp. and biotechnology company WuXi Biologics.  

It's déjà vu all over again, as China reported a renewed outbreak of COVID-19, forcing new lockdowns primarily in the northeastern regions of the country. As the nation grapples with the worst outbreak in two years, here's a look at how EV makers and their production plans and sales will be impacted.

Shares of U.S.-listed Chinese tech companies extended strong gains in Hong Kong on Thursday after Beijing vowed to ensure stability in the stock market and support overseas listings of domestic companies.  

The EV space turned in a mixed performance in the week ending March 11, with some second-rung EV manufacturers and charging stocks rebounding from their losses. Shares of Tesla, Inc. (NASDAQ: TSLA), however, reversed course and ended the week in the red.

Nio, Inc. (NASDAQ: NIO) shares, which fell to their lowest level in 1-1/2 years on Tuesday, are rebounding from the depressed level. In addition to the broader market strength, the stock is receiving support from the optimism around its planned debut on the Hong Kong stock exchange on Thursday.

The EV space was swathed in a sea of red in the week ending March 4, although market leader Tesla, Inc. (NASDAQ: TSLA) and a handful of stocks managed to buck the downtrend. The negative sentiment can be traced back to company-specific catalysts, which pressured stocks.

Shares of U.S.-listed Chinese tech companies were mixed in Hong Kong on Thursday, even as the benchmark Hang Seng Index opened higher on news that China may soften its zero-tolerance approach to curbing COVID-19 outbreaks.  

Nio Inc (NYSE: NIO) said on Tuesday deliveries fell in February over last month as the U.S. listed Chinese electric vehicle maker suspended production during the spring festival.