$NIO Inc.(NIO)$ Dec 2024 Government subsidy will end. Those customers unable to get the Onvo L60 maybe will cancel their order if they cant enjoy the subsidy in 2025. This will affect Nio next year sales.
$Grab Holdings(GRAB)$ Hourly chart looking good. Indicators showing upward is intact. Hope it will make daily chart look better. Xmas Treat is on the way. Stay Tuned.
$Grab Holdings(GRAB)$ lets make it green to break the mid BB. Yesterday net money inflow a few million dollars is a good sign Xmas Celebration mood is intact.
SHARES of Grab have dodged a bullet on the back of confirmation by the management of Chinese food delivery giant Meituan that it is not interested in acquiring foodpanda. DBS Group Research on Thursday (Nov 30) said that the confirmation from Meituan removes a key overhang from Grab’s stock price, given that the entry of a big player such as Meituan could pose challenges to the Singapore-based super-app operator. “Grab’s stock price has corrected about 10 per cent in the last two weeks on rumours of Meituan potentially acquiring the foodpanda business, and we expect a relief rally subsequently,” said DBS. It maintained a “buy” call and target price of US$4.26 for Grab.