24H｜Faraday Future Soars 20%; Chinese ETFs and ADRs Jump; KE Holding up 5%; Alibaba up 4%; CWEB up 3%; PDD up 2%

Tiger Newspress

04-17

Faraday Future Intelligent Electric Inc. shares rose 20% in overnight trading following 15% drop in prior session.

In recent news, Faraday Future Intelligent Electric Inc. announced securing $41 million in new financing, marking the third funding round in six months and bringing its total raised funds to over $100 million since September 2024. The company plans to use this capital to support corporate growth, develop the FX brand, and advance AI capabilities, including autonomous driving features. Meanwhile, Faraday Future has begun testing its FX 6 prototype vehicles in the U.S., with evaluations focusing on performance and technology, as part of its strategy to target the mass market with advanced intelligent electric vehicles.

Chinese ETFs and ADRs jumped in overnight trading. KE Holding rose 5%; iQiyi, Alibaba rose 4%; CWEB rose 3%; PDD, Baidu rose 2%; NIO, XPeng, Li Auto, JD.com rose 1%.

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In recent news, Faraday Future Intelligent Electric Inc. announced securing $41 million in new financing, marking the third funding round in six months and bringing its total raised funds to over $100 million since September 2024. The company plans to use this capital to support corporate growth, develop the FX brand, and advance AI capabilities, including autonomous driving featu","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"24H|法拉第未来大涨20%；中国ETF和ADR上涨；KE持股5%；阿里巴巴-SW上涨4%；CWEB上涨3%；PDD上涨2%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BABA":1.1,"BEKE":1.1,"BIDU":1.1,"BILI":1.1,"EDU":1.1,"FFAI":1.1,"GOTU":1.1,"IQ":1.1,"JD":1.1,"LI":1.1,"NIO":1.1,"NTES":1.1,"PDD":1.1,"RLX":1.1,"TCOM":1.1,"TME":1.1,"VIPS":1.1,"WB":1.1,"XPEV":1.1,"YY":1.1},"content_text":"Faraday Future Intelligent Electric Inc. shares rose 20% in overnight trading following 15% drop in prior session. 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