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EV Stocks Rebounded in Morning Trading ,with Li,Xpeng and Faraday Future Rising Over 3%

Tiger Newspress2022-02-04

EV stocks rebounded in morning trading, with Li, Xpeng and Faraday Future rising over 3%.Cathie Wood-led Ark Investment Management on Thursday further raised its exposure in the U.S. listed Chinese electric vehicle maker Xpeng Inc

on the dip, and sold nearly all its balance shares in Paypal Holdings Inc.

The popular money managing firm bought 57,657 shares — estimated to be worth $1.99 million — in the Guangzhou, China-based Xpeng.

The money managing firm has been buying shares in Xpeng via the Ark Autonomous Technology & Robotics ETF.

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.

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Comment73

  • Wei hao ale
    ·2022-02-12
    Good 
    Reply
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  • Shirley Soh
    ·2022-02-07
    👍
    Reply
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  • Benjean
    ·2022-02-06
    Great future 
    Reply
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  • CynthiaGho
    ·2022-02-06
    Like pls
    Reply
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  • tkj
    ·2022-02-06
    EV will continue to have a love hate relationship with investors. Investors love the future that it is representing but worries about its high valuation which could be a problem when market crashes
    Reply
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  • WJ77
    ·2022-02-06
    👍👍
    Reply
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  • Shahfarid
    ·2022-02-06
    👍🏽
    Reply
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  • Yellow Tiger
    ·2022-02-05
    Ev sucks
    Reply
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  • Toby_Chua
    ·2022-02-05
    EV plays up n down follow techs
    Reply
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  • Wan1
    ·2022-02-05
    Really?
    Reply
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  • time to eat
    ·2022-02-05
    Just buy
    Reply
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  • SCLIEW
    ·2022-02-05
    666
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  • Sunshine_2
    ·2022-02-05
    Ok
    Reply
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  • Jess261
    ·2022-02-05
    Okay
    Reply
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  • Venus888
    ·2022-02-05
    Pls like. Thanks
    Reply
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  • Steven Tay
    ·2022-02-05
    Ok
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  • KYHBKO
    ·2022-02-05
    EV remains a hot sector going forward as the world transits into sustainable energy.  However, not every company will survive the race.  let us not forget that various legacy auto makers are also privoting into EV.  Choose the ones with strong financial fundamentals, earnings, net debt, FCF before we invest.  Sadly, some of these companies may no longer exist 10 years down the road.
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    Fold Replies
    • 钱SherronQ
      😥
      2022-02-07
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    • KYHBKO
      let us not forget that the Chinese authorities mentioned about consolidation of the auto industries in China recently. this is something that we need to monitor.
      2022-02-07
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    • KYHBKO
      yes. it would be the same. not all will survive. may we find the winners
      2022-02-07
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    View more 2 comments
  • angelo0908
    ·2022-02-05
    Good
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  • TK360
    ·2022-02-05
    Nice 
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  • WJ77
    ·2022-02-05
    👍👍
    Reply
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