U.S. stock night trading volatility: XPeng and Huawei join forces for innovation, southbound funds surge, pushing stock price up 3.08% at night

U.S. Stock Night Market Movements

XPeng rose 3.08% in the night market. Based on recent key news:

1. On December 2, XPeng's November delivery volume increased by 19% year-on-year, but decreased by 12.58% month-on-month, leading to a drop in stock price. The decline in delivery volume raised market concerns about future demand, with the stock price reaching 80.4 yuan, down 3.54%. Source: Huigang Communications

2. On December 3, XPeng and Huawei jointly released new technology to promote the extended-range vehicle market. The XPeng X9 Super Extended Range made its global debut with Huawei's DriveONE generator, enhancing market competitiveness through technological innovation. Source: Zhitong Finance

3. On December 5, a report from CMB International showed that XPeng had the highest net buying, with significant capital inflow in the Hong Kong stock market. Southbound funds net bought HKD 1.48 billion, driving up the stock price. Source: Zhitong Finance New Energy Vehicle Sales Growth, Policy Adjustment Impact

Stocks with High Trading Volume in the Industry

Tesla rose 0.24% in the night market. Based on recent key news:

1. On December 3, Tesla CEO Elon Musk retweeted a short video of a humanoid robot released by the Optimus team on social media, raising market expectations for Tesla's robotics business and driving up the stock price. Tesla's stock surged 4.1% on Wednesday and rose another 1.73% on Thursday. Source: Stocks to Watch Today

2. On December 2, Michael Burry posted on Substack that Tesla's valuation is absurdly high and shorted Tesla stock. Nevertheless, about three-quarters of analysts still rated Tesla as "buy" or "hold." Source: Economic Information Daily

3. On December 2, Tesla's wholesale sales in China increased by 9.9% year-on-year and surged 41% month-on-month, becoming a highlight for Tesla in the Chinese market. Source: Zhitong Finance Robotics Industry Policy Support, High Market Attention

Nio rose 2% in the night market. Based on recent key news:

1. On December 1, a Nio EC6 was involved in a traffic accident in Shanghai without activating the assisted driving system, and the accident did not pose a life-threatening risk, affecting market concerns about safety. Source: Economic Information Daily

2. On December 3, the Nio EC6 won first place in user satisfaction among pure electric medium-sized SUVs, enhancing brand image and boosting market confidence. Source: Jinshi Data

3. On December 4, Nio signed a subscription agreement with TechStar, planning to raise HKD 371 million for research and development and global expansion, driving up the stock price. Source: Zhitong Finance New Energy Vehicle Market Competition Intensifies, Demand Weakens.

Li Auto rose 1.65% in the night market. Based on recent key news:

1. On December 4, Li Auto launched its first AI smart glasses, Livis, starting at 1,999 yuan. The product launch had little impact on stock price, as the market is concerned about the continuous decline in new vehicle delivery volume. November delivery volume fell 32% year-on-year, raising investor concerns about its development prospects. Source: Jinshi Data

2. On December 4th, Li Auto announced that its cumulative delivery volume has surpassed 1.5 million vehicles. Although the delivery volume has increased, the market remains cautious about its future profitability. Source: Economic Information Daily

3. On December 2nd, HSBC Research downgraded Li Auto's rating from Buy to Hold, with the target price lowered from $30.3 to $18.6. The downgrade reflects market concerns about Li Auto's profitability. Source: HSBC Research The competition in the new energy vehicle market is intense, and risks are increasing