Futu News on June 8 news, the three major U. S. stock indexes have changed from falling to rising. The Nasdaq is up 0.07%, the S & P 500 is up 0.03%, and the Dow is up 0.01%.

Among new energy vehicles, ideal rose nearly 6% and gained more than 21% in a month, XPeng Inc. rose more than 3%, and NIO Inc. narrowed its decline.

BoCom International first gave NIO Inc. a buy rating with a target price of $57. Deutsche Bank reiterated its purchase of NIO Inc. rating with a target price of US $60. NIO Inc. is expected to officially enter the European market in the third quarter, first selling ES8 SUV in Norway and launching ET7 cars next year. Deutsche Bank's Edison Yu believes that Germany and Denmark will be important targets for NIO Inc., and the analyst believes that investors should pay attention to this opportunity. "NIO Inc. will start selling cars in Europe later this year, and we believe that investors have underestimated the region's long-term potential, and unlike common export models, NIO Inc. is taking a differentiated approach to localizing its entire ecosystem, creating a unique high-quality electric vehicle experience and based on overall charging services," Edison Yu said. "

The White House released a 250-page report on key supply chain strategies on Tuesday to address the imbalance between supply and demand in related areas. In the field of electric vehicles, the White House requires the United States to work with allies to ensure the supply of metal ore needed for electric car production, while focusing on processing raw materials into electric car parts in the United States. In an official statement, the White House said the United States must work with allies and partners to diversify the production supply chain.

KANZHUN LIMITED, China's largest online recruitment platform, is expected to go public on Friday, June 11. KANZHUN LIMITED has opened an initial public offering with a range of $17 to $19. It is worth noting that this public offering has been favored by a number of well-known investment institutions, including UBS, GIC, Abu Dhabi Investment Company (Mubadala), Sequoia Capital China (Sequoia Capital China), Tiger Global.

EHang Holdings Limited rose nearly 12%. EHang Holdings Limited previously announced that the flagship manned self-pilot aircraft Yihang 216had successfully completed its first no-load autopilot flight in Japan, fully demonstrating a safe, automatic and green urban air traffic solution. Prior to the test flight, Ehang 216 had obtained a test flight permit from Japan's Ministry of Land, Transport (MLIT) through a local partner. Yihang 216 became the first manned autopilot in Japan to obtain an outdoor test flight permit.

Baidu, Inc. fell 0.53%. BoCom International Development and Research reported that with the gradual recovery of the macro-economy from the epidemic, and the improvement of marketing demand for small and medium-sized enterprises, Baidu, Inc. search marketing is recovering. BoCom expects Baidu, Inc. 's advertising revenue in APP to maintain a high growth trend, increasing by 20% for the whole year; Baidu, Inc. alliance is still an important part of Baidu, Inc. 's ecological service strategy after adjustment. Baidu, Inc. Yun is the main driving force of the company's revenue growth in the past 1-2 years. New business continues to develop, short-term income contribution is limited, but the potential is huge. Based on potential cloud and self-driving investment expectations, BoCom adjusts operating expense related forecasts and some assumptions below operating profit to maintain the target price of US $343 (09888 HK: HK $332), corresponding to a price-to-earnings ratio of 28 times 2021. BoCom believes that the share price has limited downside and maintains its buy rating.

Dada is up more than 13%. Dada previously reported results for the first quarter ended March 31, 2021. Revenue was 1.673 billion yuan, an increase of 52.1% over the same period last year; a net loss of 710 million yuan, a net loss of 279 million yuan in the same period last year; and a basic and diluted loss per share of 0.75 yuan, compared with a loss of 1.34 yuan per share in the same period last year. Looking ahead, Dada Nexus Limited expects revenue in the second quarter to be between 1.4 billion yuan and 1.45 billion yuan. In addition, Dada Nexus Limited announced that the company's board of directors has approved a share buyback plan, and the company is authorized to buy back its common shares in the form of ADS within 12 months, with a total amount not exceeding US $150 million. The company is expected to fund buybacks from the existing cash balance.

According to the Futu Securities Trading Hot list, Futu, NIO Inc., TAL Education Group, XPeng Inc., Pinduoduo, ideal and other Chinese stocks rank at the top.