$XPeng Inc.(XPEV)$ I think ChineseNew Year is going to affect the supply of materials to many companies within the sectors that may be affected by Chinese exports. If warehouses and docks shut down, workers are off as well until at least the 30th, thensome will have to rehire and restock production materials/goods etc. The semiconductormarket was affected by this last year I remember and many companies that relied heavily on Chinese imported supplies lost profits. Quality control issues tend to happen around this time right up until May, so I expect any EV companies to be bearish.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments