The EU announced that it will work with China to avoid imposing additional tariffs on electric vehicles (EVs). The new energy vehicle (NEV) makers thrived in the early market today (20th). Opening 2.67% higher today, XPENG-W (09868.HK)  0.000 (0.000%)    Short selling $183.50M; Ratio 12.468%   continued to expand its gains, peaking at a six-month high of $39.45. It last printed at $39, up 9.55%, on a volume of 14.4835 million shares and a turnover of $558 million.

LI AUTO-W (02015.HK)  0.000 (0.000%)    Short selling $305.78M; Ratio 9.989%   opened 0.66% lower today but rebounded. It last printed at $86.75, up 4.33%, hitting a four-month high and testing the resistance of the May 21 downward gap, on a volume of 9.6741 million shares and a turnover of $830 million.

Related NewsFirst Shanghai Expects HSI to Rise to 22,000 Within Yr, Focuses on 3 Major Sectors Like Quality Div., Internet Leaders, Firms w/ Ability to Go Overseas
NIO-SW (09866.HK)  0.000 (0.000%)    Short selling $111.84M; Ratio 17.546%   opened up by 2.31% today, reaching a peak of $42.75. It last printed at $42.65, up 3.9%, on a volume of 2.0372 million shares and a turnover of $86.1449 million. Morgan Stanley predicted its stock price to rise within 15 days.

LEAPMOTOR (09863.HK)  0.000 (0.000%)    Short selling $21.03M; Ratio 8.819%   opened 1.68% higher today, peaking at $25.1. It last printed at $24.5, up 3.16%, on a volume of 3.5295 million shares and a turnover of $87.0381 million.

BYD COMPANY (01211.HK)  0.000 (0.000%)    Short selling $625.82M; Ratio 11.971%   opened down by 0.16% today, but once rebounded to a peak of $249.4. However, constrained by mid-July wave peak resistance, it dropped to as low as $243.6. It last printed at $244.6, down 0.16%, on a volume of 2.7188 million shares and a turnover of $671 million.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-09-27 16:25.)

Related NewsCLSA: Mideast Clients May Turn to CN Electronic Products; BYD Electronics, ACC, Xiaomi, Cowell Preferred