Previous Close | 18.660 |
Open | 18.340 |
Bid | 18.940 x 0 |
Ask | 18.940 x 0 |
Day's Range | 18.340 - 19.060 |
52 Week Range | 11.520 - 20.350 |
Volume | |
Avg. Volume | 90,014,219 |
Market Cap | 473.029B |
Beta (5Y Monthly) | 1.20 |
PE Ratio (TTM) | 23.41 |
EPS (TTM) | 0.810 |
Earnings Date | Nov 18, 2024 - Nov 22, 2024 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | 23.15 |
The earnings outlook for Chinese electric vehicle (EV) makers remains dire even though electric cars now make up more than half of new auto sales in the mainland market, as brutal price competition rages on. Only two home-grown companies - BYD and Li Auto - are profitable, leaving around 30 rivals under pressure to stem losses despite upbeat sales forecasts in the world's largest automotive market. The three EV manufacturers that have released second-quarter earnings so far - Xpeng, Zeekr Intell
Hong Kong stocks snapped a two-day losing streak, with Xiaomi and AIA rallying on stellar earnings and JD.com leading a tech rebound after a sell-off. The Hang Seng Index added 0.4 per cent to 17,460.54 at local noon trading break. The Tech Index jumped 0.8 per cent and the Shanghai Composite Index was little changed. Xiaomi jumped 8.3 per cent to HK$18.98, the biggest winner among the 82 blue chip index members, after it reported a 32 per cent jump in second-quarter revenue to 88.9 billion yuan
(Bloomberg) -- Xiaomi Corp. is willing to grow its nascent electric vehicle arm at the expense of profits for now, as it angles to join Tesla Inc. and BYD Co. among the world’s biggest automakers over the next decade or two.Most Read from BloombergNazi Bunker’s Leafy Makeover Turns Ugly Past Into Urban EyecatcherSydney Central Train Station Is Now an Architectural DestinationChicago Overcomes DNC Skeptics With Calm, Parties and SunHow the Cortiços of São Paulo Helped Shelter South America’s Larg