BPXPENG@EC2609A

ONE MEDIA GROUP

TOUYUN BIOTECH

ALCO HOLDINGS

TI CLOUD

CHINA RISUN GP

PETRO-KING

GOLDEN THROAT

CH TIANBAO GP

SHANDONG MOLONG

CHAMPION TECH

MPNGY

BYDDY

00700

TCTZF

09868

TCEHY

BYDDF

09866

The Nasdaq Golden Dragon China Index initially closed down 0.7%. Among popular Chinese concept stocks, Tencent fell 4%, Nio fell 3.6%, XPeng fell 3%, Meituan fell 2.4%, and PDD fell 1.8%; BYD rose 1.1%, JD rose 1.4%, XPeng rose 2.3%, and Li Auto rose 3.1%

Wallstreetcn

Meituan

BYD Company

TENCENT

LI AUTO-W

PONY-W

Tencent Holdings Limited

BYD COMPANY

JD-SW

XPENG-W

MEITUAN

Tencent

Invesco Golden Dragon China

BYD Company Limited

JD.com

NIO-SW

09698

XPEV

At the beginning of the U.S. stock market, Chinese concept stocks showed mixed performance. CSI Solar rose over 4.9%, Li Auto rose 4.6%, XPeng rose 2.8%, Daqo Energy rose 2.3%, WERIDE rose 1.9%, BYD, BEKE, and JinkoSolar rose over 1%, and Nio rose 0.8%. Meanwhile, Xiaomi, Meituan, and PDD fell by as much as 1.9%, Huazhu, Leapmotor, and TENCENT fell by up to 2.7%, Century Internet fell 3%, GDS fell 4.1%, Kingsoft Cloud fell 4.5%, and TENCENT fell 4.6%

GDS-SW

XPeng

Daqo Energy

TME-SW

Li Auto

CSI Solar

HWORLD-S

WERIDE-W

BEKE-W

515030

516380

DRIV

In March, the new energy MPV market welcomed the launch of several new models, including XPeng X9 and Voyah Dreamer. Domestic brands are challenging joint venture brands by leveraging new energy and intelligence, leading to changes in the market landscape. Joint venture brands have begun to fight back, with L3 level intelligent driving becoming a key competitive factor. After 2022, the penetration rate of new energy MPVs from domestic brands has significantly increased, gradually establishing their mainstream market position. The once market leader GL8 has seen a decline in sales, while domestic brands such as Voyah and Denza are rising

- The Chinese MPV market is experiencing significant changes, with new electric models from brands like Xiaopeng and Lantu entering the scene.  
- The share of new energy vehicles in the MPV market is projected to rise dramatically, influencing competition dynamics and prompting traditional brands to accelerate their electrification efforts.  
- The introduction of L3 level autonomous driving capabilities marks a critical evolution in MPV offerings, as companies strive to enhance driving comfort and attract family-oriented consumers.

Hua Xia CSI New Energy Vehicles ETF

Ping An CSI New Energy Vehicles Industry ETF

Hwabao WP CSI Intelligent Electric Vehicle ETF

Global X Autonomous & Electric V

VOYAH AUTO

The MPV battle reignites, with multiple automakers playing the smart driving card

06651

06908

STECH

300750

03750

00175

00HSI

The Hang Seng TECH Index fell by 0.11%. 51WORLD rose by about 28%, Shandong Molong rose by about 17%, Nio rose by about 14%, HG SEMI rose by about 11%, Geely Auto rose by about 8%, and XPeng rose by about 4%

51WORLD

HG SEMI

Hang Seng TECH Index

NIO Inc

GEELY AUTOMOBILE HOLDINGS LIMITED SPON ADS EACH REP 20 ORD

CATL

GEELY AUTO

Hang Seng Index

Geely Auto

The Hang Seng Index closed down 0.24%, and CATL rose 9%

513130

03067

03032

520920

01347

The Hang Seng TECH Index rose over 1%, Nio increased nearly 17%, XPeng rose over 6%, and Hua Hong Semiconductor rose over 5%

Huatai-PB CSOP Hang Seng Technology ETF(QDII)

ISHARESHSTECH

HSTECH ETF

CAM HS TECH

GX HS TECH

Dacheng Hang Seng Technology ETF(QDII)

CSOP HS TECH

Tianhong Hang Seng TECH ETF(QDII)

CMS HS TECH

HUA HONG SEMI

Hang Seng TECH ETF I

ChinaAMC Hang Seng Technology ETF(QDII)

09888

09988

DRAG

The Nasdaq Golden Dragon China Index preliminarily closed up 1.9%. Among popular Chinese concept stocks, Nio had the largest increase, preliminarily closing up 15%; Century Internet rose 13.5%; WeRide increased 7.2%; Tencent rose 10%; Alibaba increased 3.1%; Baidu rose 2.4%; XPeng rose 2.2%. Meituan and BYD both fell 1.5%

BIDU-SW

BABA-W

iShares MSCI China

Krne Csi China Internet

Roundhill China Dragons ETF

Direxion FTSE China Bull 3X

159323

516110

159565

XPeng Chairman He Xiaopeng stated that in the past, technology research and development accounted for over 10% of revenue, and it is expected to turn into profit in the second half of this year to next year. He mentioned that the company will launch the second generation VLA assisted driving, which is expected to have a significant impact on the Chinese autonomous driving market, and anticipates that sales will continue to rise, with higher sales in the third and fourth quarters

AASTOCKS

ChinaAMC CSI Hong Kong Connect Automobile Industry Thematic ETF

Guotai CSI 800 Automobile and Parts ETF

E Fund CSI Auto Components Thematic ETF

He Xiaopeng: In the past, technology research and development accounted for over 10% of revenue, expected to convert into profits in the second half of this year to next year

Xpeng will launch VLA 2.0 test drives across 732 stores in China starting March 11, a move seen as crucial for the company's sales recovery. Analysts from Deutsche Bank predict that the new autonomous driving system will enhance performance and efficiency, potentially leading to a 23% year-on-year growth in sales by 2026. The system is designed to deliver a driving experience comparable to human drivers and will be rolled out to various models, with international markets expected to receive it in 2027. Xpeng's CEO is confident in the technology's capabilities.

- Xpeng will begin nationwide test drives for its VLA 2.0 autonomous driving system across 732 stores in China starting March 11.  
- Analysts, including those from Deutsche Bank, view the rollout as pivotal for Xpeng's sales recovery, projecting a 23% year-on-year growth in 2026.  
- The VLA 2.0 system is expected to enhance driving efficiency significantly and will first be adopted by Volkswagen before being available in overseas markets in 2027.

CnEVPost

Xpeng to kick off VLA 2.0 test drives on Mar 11 as analysts see autonomous driving leap

BILI

01024

09626

688347

Bilibili rose over 4%, XPeng rose nearly 4%, HUA HONG SEMI and KUAISHOU rose nearly 3%. Risk warning and disclaimer: The market has risks, and investment should be cautious. This article does not constitute personal investment advice and does not take into account the specific investment goals, financial situation, or needs of individual users. Users should consider whether any opinions, views, or conclusions in this article are suitable for their specific circumstances. Investment based on this is at one's own risk

华尔街见闻资讯

Bilibili

KUAISHOU-W

BILIBILI-W

Hua Hong

The Hang Seng Index opened up 1.3%, and the Hang Seng TECH Index rose 2%

PONY

The major test after capitalization

- The Robotaxi industry faces intense competition as major players focus on achieving scale and profitability following their public listings.  
- Geely's commercial vehicle group and WeRide have announced a strategic partnership, aiming to deliver 2,000 new Robotaxi GXR units this year, significantly reducing production time.  
- As the industry evolves, those who can successfully implement mass production and lower costs will dominate, while inefficiencies could lead to the exit of less competitive players.

Pony AI

GraniteShares 1.25 Long TSLA Daily ETF

WeRide

Tesla

NIO Inc. USD OV

Uber Tech

Leverage Shares 2X Long TSLA Daily ETF

Global X Robotics & Artificial

ChinaAMC CSI Auto Components Thematic ETF

iShares Future AI & Tech ETF

Simplify Volt TSLA Revolution ETF

SmartETFs Smart Transportation & Tech ETF

First Trust S-Network Future Vehicles & Tech ETF

Direxion Daily TSLA Bull 2X Shares

ROBO Global Robotics

HFT CSI Auto Components Thematic ETF

VanEck Robotics ETF

ARK Autonomous Tech & Robotics ETF

T-Rex 2X Long Tesla Daily Target ETF

Robotaxi enters the "ten-minute" mass production era

The China concept index rose over 1.7%, with the Nasdaq Golden Dragon China Index up 1.76%, closing at 7083.84 points. XPeng rose 6.4%, BYD rose 6%, and Meituan rose 5.7%. The China Technology Index ETF (CQQQ) rose 3.01%, and the China Internet Index ETF (KWEB) rose 2.79%

Invesco China Tech

The China concept index closed up over 1.7%, CQQQ rose 3%

.HXC

BABA

KBAB

The NASDAQ Golden Dragon China Index preliminarily closed up 1.8%. Among popular Chinese concept stocks, XPeng rose 6.4%, BYD rose 6%, Meituan rose 5.7%, Li Auto and Nio rose over 3.8%, Baidu rose 2.9%, Tencent rose 2.4%, Alibaba rose 1.4%, NetEase fell 0.1%, and WeRide fell 1.4%

NASDAQ Golden Dragon China Index

Alibaba

Baidu

BABA 2x Long Daily ETF - GraniteShares

KraneShares 2x Long BABA Daily ETF

NetEase

00100

02513

01171

01787

03986

02338

03993

02888

09660

MINIMAX-WP(00100) rose 23.77%, with a trading turnover 3.3 Billion HKD, and a year-to-date rose 504.2%. KNOWLEDGE ATLAS(02513) rose 8.08%, with a trading turnover 2.3 Billion HKD, and a year-to-date rose 394.8%. GIGADEVICE(03986) fell 6.59%, with a trading turnover 502.3 Million HKD, and a year-to-date rose 125.8%. WEICHAI POWER(02338) fell 5.54%, with a trading turnover 758.8 Million HKD, and a year-to-date rose 59.2%.

- The Hang Seng Index fell by 1.35%, with a year-to-date decline of 0.9%, while the Hang Seng Tech Index decreased by 0.12%, down 10.4% year-to-date.  
- MINIMAX-WP (00100) surged by 23.77% with a trading volume of 3.32 billion HKD, marking a year-to-date increase of 504.2%.  
- Meanwhile, Zhi Pu (02513) rose by 8.08%, while Zhao Yi Innovation (03986) and Weichai Power (02338) declined by 6.59% and 5.54% respectively, with significant year-to-date gains for each.

Top Gainers & Losers

MINIMAX-WP

KNOWLEDGE ATLAS

YANKUANG ENERGY

SD GOLD

GIGADEVICE

WEICHAI POWER

CMOC

STANCHART

HORIZONROBOT-W

Top 5 HK Stock Gainers/Losers (>100B) (3.9)

LARK

80700

HCCD

BYTED

HTCD

89988

HBBD

0309 | Dolphin Research Focus: 🐬 Macro/Industry 1) Middle East tensions escalated, sending Brent intraday close to $120/bbl. Nasdaq futures fell 2.32%, while VIX futures rose 7.28%.G7 finance ministers were set to hold an emergency meeting at 20:30 BJT on Mon, aiming to coordinate with the IEA to release oil reserves to steady prices. After the headlines, crude pulled back quickly.The move can cap prices in the short run and help stabilize risk sentiment. However, drawdowns are only a stopgap. If the conflict drags on, supply risks persist and energy and tech could see choppy swings...

Global Mkts Roiled by Oil Spike; Tencent's 'Little Lobster' Wildcard Debuts | Daily News Recap

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BPXPENG@EC2609A(27086.HK)

The Nasdaq Golden Dragon China Index initially closed down 0.7%. Among popular Chinese concept stocks, Tencent fell 4%, Nio fell 3.6%, XPeng fell 3%, Meituan fell 2.4%, and PDD fell 1.8%; BYD rose 1.1%, JD rose 1.4%, XPeng rose 2.3%, and Li Auto rose 3.1%

The MPV battle reignites, with multiple automakers playing the smart driving card

The Hang Seng Index closed down 0.24%, and CATL rose 9%

The Hang Seng TECH Index rose over 1%, Nio increased nearly 17%, XPeng rose over 6%, and Hua Hong Semiconductor rose over 5%