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16/01/2026
The Shanghai Composite Index turned green intraday, while the growth rate of the ChiNext Index narrowed to 0.1%.
Latest
1 m ago
Hainan: By 2030, sustainable urban renewal modes and policies and regulations will be basically formed.
4 m ago
Establishing an advanced ceramic materials company has been invested in by Xiamen Tungsten Industry.
4 m ago
Doll robot concept stocks surged during trading, Wuzhou Xin Chun hit the limit.
5 m ago
Recently, the Cyberspace Administration of China, together with the Ministry of Industry and Information Technology and other departments, has been focusing on tackling the prominent issues of inciting group opposition, hyping negative topics, and conducting irregular evaluations in the automotive industry, and has been carrying out special rectification of online chaos in the automotive industry to lawfully and contractually dispose of a number of illegal and irregular accounts. Among them, platforms such as "Autohome" have conducted irregular evaluations that disrupt the market order of the automotive industry. Platforms such as "Autohome" and "Pacific Auto" have carried out irregular evaluation projects such as "winter testing" and "smart driving comparative evaluation" and have misled the public by publishing biased automotive evaluation information through related accounts, affecting public perception of the quality and performance of automotive products. The accounts involved have been lawfully and contractually dealt with.
6 m ago
Macquarie analyst Eugene Hsiao pointed out in the report that Xiaopeng Motors needs to face the complex market environment in 2026 as it continues to expand its new vehicle product line. Xiaopeng's focus on pure electric models may face pressure on its profit margins if the increase in lithium prices is passed on to battery costs. Macquarie has lowered its gross margin forecast for Xiaopeng in 2026 by 260 basis points. However, Eugene Hsiao stated that based on its exploration of non-electric vehicle technology, Xiaopeng has the highest potential for revaluation among many Chinese electric vehicle manufacturers. The firm maintains its "outperform the market" rating but has lowered its target price from 122 Hong Kong dollars to 100 Hong Kong dollars.
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