Stock Track | XPeng Motors Stock Soars 5.14% as Hong Kong EV Stocks Shine Amid Analyst Upgrades and AI Optimism

Stock Track
02-21

In Friday's pre-market session, shares of XPeng Motors (XPENG-W) surged 5.14%, mirroring the strong performance of Hong Kong-listed electric vehicle (EV) stocks amid optimism surrounding the sector's growth potential and the rise of artificial intelligence (AI) technology.

The rally was fueled by JPMorgan's bullish outlook on industry leader BYD Company, as the investment bank raised its price target for the automaker by over 60%, citing expectations of robust global expansion and the rollout of its self-driving system. BYD's stock climbed 5% in Hong Kong trading.

Additionally, the broader Hong Kong technology sector continued to soar, with the Hang Seng Tech Index rallying 5% to a three-year high, propelled by earnings surprises and renewed investor interest in Chinese tech giants like Alibaba and Tencent. The AI-driven frenzy and Beijing's perceived conciliatory stance towards the tech industry have reignited global investors' confidence in Chinese equities.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10