On Tuesday (April 9th), European and American stock markets closed with mixed gains and losses, with the Dow Jones Industrial Average falling 0.02%, the S&P 500 Index rising 0.14%, and the Nasdaq rising 0.32%, recording three consecutive positive days.
The three major European stock indices closed lower, with the German DAX index falling 1.32%.
Chinese concept stocks generally rose, with Pai Mingxin City rising 43.45%, Xiaoniu Electric rising 26.11%, and Wei Xiaoli rising significantly.
Outbreak of Chinese concept stocks
Overnight in the US, most technology stocks rose, with Apple up 0.72%, Amazon up 0.26%, Netflix down 1.62%, Google up 1.13%, Facebook down 0.45%, and Microsoft up 0.4%.
Most aviation stocks rose, with Boeing falling 1.88%, American Airlines up 0.36%, Delta Air Lines up 0.64%, Southwest Airlines up 1.38%, and United Airlines up 0.3%.
Chip stocks mostly rose, with Gexin up 2.85%, Microchip Technology up 2.83%, NXP Semiconductor up 2.82%, TSMC up 1.83%, Qualcomm up 1.12%, Intel up 0.92%, Chaowei Semiconductor up 0.52%, and Nvidia down 2.04%.
Popular Chinese concept stocks generally rose, with the Nasdaq China Golden Dragon Index rising 1.68%.
Shengfeng Logistics rose 19.61%, Jingke Energy rose 8%, and Ates Solar rose 7.89%.
Bilibili rose 7.67%, NetEase rose 3.76%, iQiyi rose 3.7%, and Weibo rose 3.64%.
New energy vehicle stocks collectively rose, with NIO Automobile up 7.67%, Xiaopeng Automobile up 9.35%, and Ideal Automobile up 1.7%.
Gold stocks generally rose, with Pan American Silver up 6.81%, Sandstorm Gold up 4.88%, Cordillera Mining up 4.02%, Elrador Gold up 3.92%, Gold Fields up 3.85%, Southern Copper up 3.74%, Novartis Gold Resources up 2.34%, Barrick Gold up 1.75%, and Harmony Gold up 1.06%.
The overall yield of US Treasury bonds fell, with the 2-year yield falling 4.2 basis points to 4.755%, the 3-year yield falling 3.8 basis points to 4.571%, the 5-year yield falling 5.2 basis points to 4.383%, the 10-year yield falling 5.6 basis points to 4.369%, and the 30-year yield falling 5.3 basis points to 4.5%.
Weixiaoli is strong
New energy vehicle stocks collectively rose, with Weixiaoli showing strong performance. Among them, Xiaopeng Automobile rose 9.35%, NIO Automobile rose 7.67%, and Ideal Automobile rose 1.7%.
On the news front, the export data of domestic new energy vehicles is impressive.
On April 9th, data released by the China Association of Automobile Manufacturers showed that the export of new energy passenger vehicles in March was 120000 units, a year-on-year increase of 70.9% and a month on month increase of 52.8%, accounting for 29.7% of passenger vehicle exports, an increase of 5.6 percentage points compared to the same period last year. Among them, pure electric accounts for 82.3% of new energy exports, and A0+A00 level pure electric exports account for 58% of domestic new energy exports.
The China Association of Automobile Manufacturers stated that with the emergence of China's scale advantage and market expansion demand for new energy vehicles, more and more Chinese made new energy product brands are going abroad, and their recognition overseas continues to increase. In the long run, the new energy export market remains positive and has a bright future.
Kaiyuan Securities stated that the development of overseas business is conducive to alleviating the intensified competition in China's automotive industry and promoting the upward trend of automotive industry brands. Against the backdrop of accelerating the transformation of electric intelligence in the global automotive industry, China's automotive products have begun to penetrate developed markets such as Europe and America, and the export of passenger cars and commercial vehicles has shown a situation of simultaneous increase in quantity and price.
On April 9th, Xiaopeng Motors announced that nearly a thousand Xiaopeng G9 vehicles had been shipped to Germany, with a total export value exceeding 500 million yuan, making it the largest overseas shipment in Xiaopeng Motors' history.
Xiaoniu Electric surged 26%
On April 4th, Xiaoniu Electric disclosed its sales performance for the first quarter. The announcement shows that in the first quarter of this year, the total sales of Xiaoniu Electric vehicles reached 129100 units, a year-on-year increase of 37%.
The sales growth rate of Xiaoniu Electric in the overseas market is higher than that in the domestic market.
Specifically, in the first quarter of this year, the sales volume of Xiaoniu Electric in the Chinese market was 110100 units, a year-on-year increase of 35%; During the same period, sales in the international market reached 19000 units, a year-on-year increase of 48%.
On April 2nd, Xiaoniu Electric released its first monthly (February 29th to March 31st) sales record for its new generation performance flagship electric vehicle since the launch of NXT. The data shows that the sales of Xiaoniu Electric NXT across all channels have exceeded 125 million yuan, with a total sales volume of 13349 vehicles.
Previously, the person in charge of Xiaoniu Electric publicly stated that it is expected that the total vehicle sales for the whole year of 2024 will be between 1 million and 1.2 million, with a corresponding year-on-year growth of about 41% to 69%. This year, it is expected to open 1000 to 2000 new stores in China.
Paiming Xincheng rose 43%
Chinese electronic component supplier Paiming Xincheng saw a daily surge of over 43%, with a cumulative increase of nearly 300% since April.
Paiming Core City is an online B2B electronic trading platform mainly for small and medium-sized enterprises in China. Headquartered in Shenzhen, China, it focuses on providing Internet services for small, medium-sized and micro customers in the electronic industry.
Its semiconductor products mainly include various integrated circuits, discrete devices, passive components, optoelectronic devices, as well as electronic components such as equipment and tools. The products mainly include various electromechanical, maintenance, repair, and operation (MRO), as well as various design tools.
Its products are widely used in small and medium-sized enterprises in the consumer electronics industry, the Internet of Things (IoT), automotive electronics, and industrial control fields.