Not a good idea to be short NIO, LI, XPEV & BYDDF

BrianTycangco鄭彥渊
06-01

May deliveries for $NIO Inc.(NIO)$ $NIO Inc.(NIO.SI)$ $NIO-SW(09866)$ $XPeng Inc.(XPEV)$ $XPENG-W(09868)$ $Li Auto(LI)$ $LI AUTO-W(02015)$ $BYD Co., Ltd.(BYDDF)$ $BYD COMPANY(01211)$ expected out tomorrow.

Not a good idea to be short some of these names going into the weekend. - EV stocks surge in HK ahead of May deliveries, Nio leads with 10% gain

Due to its current status as not yet eligible for southbound connect scheme, NIO isn't included in this potentially important CN new auto industry ETF. LI XPEV and even $LEAPMOTOR(09863)$ are included.

https://x.com/BrianTycangco/status/1796523021605491040

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Comments

  • Strategy 1
    06-05
    Strategy 1
    See tomorrow earnings numbers and bottom line (margins, net profitability, next qtr forecast). There is a lot of good news + hype (Mr P…) and long term looks promising but I would recommend to wait after earnings to open a position
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