Xpeng: The Next Xiaomi?
If Tesla (TSLA US) is the Apple(AAPL US) of EV sector, Xpeng might be the Xiaomi(XIACY US), in our view. Reiterate BUY with 12M TP of US$71.
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China Will Reduce Its Subsidies for Regular New Energy Vehicles by 20% in 2021
China Cuts Nev Subsidy in 2021,looking ahead from a policy perspective, removing local subsidies after 2022 should lead to greater consolidation in...
478 Views
China Central Economic Work Conference: "Strengthen National Strategic Science and Technology Power"
China will focus on strengthening strategic scientific and technological capabilities, ensuring the control of supply chains and expand domestic...
367 Views
Tianneng (819 HK): Battery Spin-Off And The Tesla Effect
The Star Market will welcome another battery manufacturer, one that is an up & coming supplier of lithium batteries, and one that promotes and...
655 Views
NIO (蔚来) Placement - As Expected. Now, You Choose.
NIO Inc (NIO US) is looking to raise about US$2.5bn in its follow-on offering. Proceeds raised will be mainly used for R&D, sales and service...
608 Views