@Omega88:$XPeng Inc.(XPEV)$Globally, $Tesla Motors(TSLA)$ leads all others, selling 936,000 units in 2021 (giving the company a market share of ~14%). Close behind was the Volkswagen Group (11%), BYD (9%), GM (7.6%) etc.Although China has the biggest market for EVs at 34%, you can see that most of the China's EV companies are not making significant progress in their car deliveries. Taking XPeng as an example, since hitting the peak of 16k car deliveries in Dec 2021, the number has been decreasing and mostly remained stagnant at around 10k.Furthermore, the competition in the EV market has intensified as numerous traditional car markers (Mercedes-Benz, BMW etc) are also investing and building more EV units. Hence, I think the downsi
@Mungerism:$TENCENT(00700)$The tide is beginning to turn for Tencent. It was the biggest recipient of Shanghai/Shenzhen southbound connect. As it it deploy its WeChat ecosystem to diversify into high return consumer internet(with such a tight grip on its user base, it has the best ability to disrupt consumer internet competition ) we should see improving performance in 2023
@VideoLounge:Ken Leon of CFRA discusses the biggest issues facing the banking sector, including the impact of rising rates on investment banking and trading businesses.$JPMorgan Chase(JPM)$ $Citigroup(C)$ $Bank of America(BAC)$ $Morgan Stanley(MS)$ $Goldman Sachs(GS)$