XPeng slips 2% on recall of 265,000 vehicles; Q2 results due today
HK Stock Market Update·
The Week Ahead: PDD and XPeng Open US Earnings; Nvidia and July PCE Test the AI Trade
The Week·- PDD Holdings and other Chinese stocks release financial reports this week, while Alibaba plans to raise 80 billion HKD exclusively for artificial intelligence investments. - Hong Kong stocks incorporate artificial intelligence industry chain shares in the index quarterly review, and Ping An reports a mid-year net profit of 92.585 billion RMB. - The United States real estate data and the Jackson Hole central bank annual meeting approach amid ongoing automotive recall and international tariff regulatory risks.Earnings to Watch This Week – August 24-28, 2026
Tip Ranks·- Major technology, discount retail, and Chinese companies are scheduled to release their financial earnings for the week of August 24 to August 28, 2026. - Key market highlights include earnings reports from Nvidia on Wednesday and Marvell on Thursday, alongside updates from Salesforce, Crowdstrike, and data center stock Iren. - Additional financial results will be published by retailers like Dollar Tree and Dollar General, as well as multiple international and domestic firms throughout the week.Promising Electric Vehicle Stocks To Add to Your Watchlist - August 22nd
Market Beat·- MarketBeat identified seven electric vehicle stocks with the highest dollar trading volume to watch, including Tesla, Rivian Automotive, QuantumScape, BorgWarner, XPENG, NIO, and Shoals Technologies Group. - These publicly traded companies operate across various sectors of the electric vehicle industry, ranging from manufacturing consumer vehicles and developing solid-state batteries to providing electrical balance of system solutions. - Investing in these electric vehicle stocks presents potential growth opportunities tied to increased adoption, alongside inherent risks such as market volatility, supply-chain challenges, and regulatory pressures.Weekly Recap | XPENG-W +3.17%, consensus target above spot
Weekly Review·- XPeng Inc.-W shares rose 3.17% over the week to close at 48.10 HKD, outperforming the Hang Seng Index by approximately 0.98 percentage points. - The weekly performance was driven by anticipation ahead of the second-quarter earnings report scheduled for August 24, strong overseas delivery milestones, and collaboration updates with Volkswagen. - A total of 28 institutions cover the company with a consensus "Strong Buy" rating and a target price of 88.31 HKD, while upcoming earnings will test whether current market expectations are justified.XPeng Stock (XPEV) Is Rising in Pre-Market Today as Q2 Earnings Near – Here's What to Expect
Tip Ranks·- XPeng, Inc. will report its Q2 2026 earnings on Monday, August 24, causing its stock to rise over 2% in pre-market trading. - Options traders anticipate a 9.42% price movement following the earnings release. - This expected volatility surpasses the company's historical post-earnings average of 5.74% over the past 8 quarters.BREAKING: China's biggest auto recall hits Tesla, Xiaomi, Leapmotor and others over door escape risk
CnEVPost·- Chinese regulators announced the largest single vehicle recall in history, covering over 7 million cars from major automakers including Tesla and Xiaomi. - The recalls primarily address hard-to-identify interior emergency mechanical door releases that pose escape and rescue risks after severe crashes, alongside driver attention monitoring issues for Tesla. - Automakers plan to implement remedies such as adding warning labels, replacing covers, and deploying over-the-air software updates amid tightened safety regulations.XPeng climbs 5% on broad NEV rally and Volkswagen partnership milestone
HK Stock Market Update·HK Midday: HSI Gains Nearly 1% as Gold Stocks Surge; Kuaishou Tumbles Over 10% Post-Earnings
Market Pulse·- On August 20, Hong Kong stocks rallied collectively, with the Hang Seng Index rising 0.74% to 25684.92 points. - Sector performance showed gold stocks surging driven by safe-haven demand, pharmaceutical stocks strengthening following positive overseas clinical trial results, and new energy vehicle stocks posting gains. - Kuaishou shares plunged over 11% following its second-quarter financial results reporting a 36% year-on-year drop in net profit.XPeng climbs 3% in Hong Kong trading
HK Stock Market Update·HK Midday: Hang Seng Flat; Xiaomi Surges Over 6%, Baidu Plunges Nearly 13%, Semiconductor Stocks Tumble
Market Pulse·- During the Hong Kong stock market trading on August 19, the three major indices showed divergence, with the Hang Seng Index flat at 25471.74 points and the Hang Seng Tech Index down 1.39% at 4673.54 points. - Xiaomi shares surged over 6% driven by Barclays' positive view on its AI strategy, while Baidu plunged nearly 13% and the semiconductor sector suffered heavy losses amid broader regional risk aversion. - Meanwhile, domestic banking and insurance stocks defied the market trend to rise, with Industrial and Commercial Bank of China and Bank of China both gaining nearly 2%.VW Anhui rolls out 100,000th EV after more than 2 years of production
CnEVPost·- Volkswagen Anhui rolled out its 100,000th electric vehicle, an ID. UNYX 08, at its Hefei factory after more than 2 years of production. - The milestone vehicle is the first model jointly developed by Volkswagen and Xpeng, featuring advanced computing and autonomous driving systems. - This achievement marks a significant milestone in Volkswagen's electrification strategy and its efforts to regain market share in China.Xpeng hits 6,000-delivery milestone in France as overseas sales set record
CnEVPost·- Chinese electric vehicle maker Xpeng achieved a cumulative delivery milestone of 6,000 vehicles in France, highlighted by the handover of a P7+ sedan. - The company experienced strong international growth, with overseas deliveries reaching a record 9,700 vehicles in July, representing a 223.33 % year-on-year increase. - Overseas markets accounted for 25.51 % of Xpeng's total deliveries in July, while global deliveries from January through July totaled 204,004 vehicles.XPeng Group gains nearly 1% in Hong Kong ahead of Q2 results
HK Stock Market Update·