What's Happening With Nio, Li Auto, Xpeng, Alibaba And Pinduoduo Stock Today?
What's Happening With Nio, Li Auto, Xpeng, Alibaba And Pinduoduo Stock Today?
Shares of several China-based companies, including Nio Inc - ADR (NYSE:NIO), Li Auto Inc. (NASDAQ:LI), Xpeng Inc - ADR (NASDAQ:XPEV), Alibaba Group Holding Ltd - ADR (NYSE:BABA) and Pinduoduo Inc - ADR (NASDAQ:PDD), are trading lower after inflation data caused concerns of policy tightening in the country. Tensions between China and the U.S. have also weighed on sentiment.
Companies in the broader auto and auto components space were also trading lower Friday amid sector weakness for the section amid the ongoing semiconductor shortage.
Nio operates in China's premium electric vehicle market. The company designs and jointly manufactures, and sells smart and connected premium electric vehicles, driving innovations in next-generation technologies in connectivity, autonomous driving, and artificial intelligence.
Nio is trading lower by around 4% at $37.26.
Li Auto is the first to successfully commercialize extended-range electric vehicles in China. It started volume production of its first model, Li ONE, in November 2019.
Li Auto is trading lower by 3% around at $22.48.
Xpeng is a smart EV company designing, developing, manufacturing and marketing smart electric vehicles in China.
Xpeng is trading lower by around 2.4% at $34.60.
Alibaba is the world's largest online and mobile commerce company. The company operates China's most-visited online marketplaces, including Taobao (consumer-to-consumer) and Tmall (business-to-consumer).
Alibaba is trading lower by around 2.8% at $221.85.
Pinduoduo provides a platform for buyers with value-for-money merchandise and fun and interactive shopping experiences. Pinduoduo offers a social shopping experience that leverages social networks as an effective and efficient tool for buyer acquisition and engagement.
Pinduoduo is trading lower by around 2.38% at $136.87.
Shares of several China-based companies, including Nio Inc - ADR (NYSE:NIO), Li Auto Inc. (NASDAQ:LI), Xpeng Inc - ADR (NASDAQ:XPEV), Alibaba Group Holding Ltd - ADR (NYSE:BABA) and Pinduoduo Inc - ADR (NASDAQ:PDD), are trading lower after inflation data caused concerns of policy tightening in the country. Tensions between China and the U.S. have also weighed on sentiment.
Companies in the broader auto and auto components space were also trading lower Friday amid sector weakness for the section amid the ongoing semiconductor shortage.
更广泛的汽车和汽车零部件领域的公司周五也在走低,原因是该板块在持续的半导体短缺中表现疲软。
Nio operates in China's premium electric vehicle market. The company designs and jointly manufactures, and sells smart and connected premium electric vehicles, driving innovations in next-generation technologies in connectivity, autonomous driving, and artificial intelligence.
NIO在中国高端电动汽车市场运营。该公司设计、联合制造和销售智能互联高端电动汽车,推动连通性、自动驾驶和人工智能领域的下一代技术创新。
Nio is trading lower by around 4% at $37.26.
Nio股价下跌约4%,至37.26美元。
Li Auto is the first to successfully commercialize extended-range electric vehicles in China. It started volume production of its first model, Li ONE, in November 2019.
李车是中国第一家成功将加长型电动汽车商业化的公司。该公司于2019年11月开始批量生产其第一款车型Li One。
Li Auto is trading lower by 3% around at $22.48.
李车股价下跌约3%,至22.48美元。
Xpeng is a smart EV company designing, developing, manufacturing and marketing smart electric vehicles in China.
新鹏是一家在中国设计、开发、制造和营销智能电动汽车的智能电动汽车公司。
Xpeng is trading lower by around 2.4% at $34.60.
Xpeng股价下跌约2.4%,至34.60美元。
Alibaba is the world's largest online and mobile commerce company. The company operates China's most-visited online marketplaces, including Taobao (consumer-to-consumer) and Tmall (business-to-consumer).
阿里巴巴是世界上最大的在线和移动商务公司。该公司运营着中国访问量最大的在线市场,包括淘宝(C2C)和天猫(B2C)。
Alibaba is trading lower by around 2.8% at $221.85.
阿里巴巴股价下跌约2.8%,至221.85美元。
Pinduoduo provides a platform for buyers with value-for-money merchandise and fun and interactive shopping experiences. Pinduoduo offers a social shopping experience that leverages social networks as an effective and efficient tool for buyer acquisition and engagement.
拼多多为买家提供了一个平台,提供物有所值的商品和有趣的互动购物体验。拼多多提供了一种社交购物体验,利用社交网络作为买家获取和参与的有效工具。
Pinduoduo is trading lower by around 2.38% at $136.87.
拼多多股价下跌约2.38%,至136.87美元。
译文内容由第三方软件翻译。
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