China EV Maker XPeng’s 92% Surge Has Short Sellers Piling In

7
1
Favorite

China EV Maker XPeng’s 92% Surge Has Short Sellers Piling In

Bloomberg2023-07-04

Short interest on XPeng’s Hong Kong shares rise to a recordThe stock is also the most volatile among HSCEI membersBearish bets on Chinese electric vehicle maker XPeng Inc. have reached a record high ...

Source Link

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.

Report

Comment（1）

Wenmoon
·2023-07-05
Good opportunity to short this poor company to death 😁
Reply
Like
Report

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/2348952776?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2023-07-04 17:00","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2348952776","market":"hk","top_or_hot":-1,"title":"China EV Maker XPeng’s 92% Surge Has Short Sellers Piling In","media":"Bloomberg","content":"<div>\n<p>Short interest on XPeng’s Hong Kong shares rise to a recordThe stock is also the most volatile among HSCEI membersBearish bets on Chinese electric vehicle maker XPeng Inc. have reached a record high ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-07-04/china-ev-maker-xpeng-s-92-surge-has-short-sellers-piling-in?srnd=markets-vp\">Source Link</a>\n\n</div>\n","source":"lsy1584095487587","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China EV Maker XPeng’s 92% Surge Has Short Sellers Piling In</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina EV Maker XPeng’s 92% Surge Has Short Sellers Piling In\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-07-04 17:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-07-04/china-ev-maker-xpeng-s-92-surge-has-short-sellers-piling-in?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Short interest on XPeng’s Hong Kong shares rise to a recordThe stock is also the most volatile among HSCEI membersBearish bets on Chinese electric vehicle maker XPeng Inc. have reached a record high ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-07-04/china-ev-maker-xpeng-s-92-surge-has-short-sellers-piling-in?srnd=markets-vp\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4551","symbol_name":"寇图资本持仓","start_time":0,"source_url":"https://www.bloomberg.com/news/articles/2023-07-04/china-ev-maker-xpeng-s-92-surge-has-short-sellers-piling-in?srnd=markets-vp","article_id":"2348952776","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2348952776","pubTimestamp":1688461200,"sourceInfo":{"source_id":"lsy1584095487587","name":"Bloomberg"},"weMediaInfo":null,"summary":"Short interest on XPeng’s Hong Kong shares rise to a recordThe stock is also the most volatile among HSCEI membersBearish bets on Chinese electric vehicle maker XPeng Inc. have reached a record high a","collect":0,"end_time":0,"defaultTopTitle":"bloomberg.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4551":"寇图资本持仓","09868":"小鹏汽车-W","BK4505":"高瓴资本持仓","XPEV":"小鹏汽车","BK4526":"热门中概股","BK4555":"新能源车","BK4099":"汽车制造商"},"translate_title":"中国电动汽车制造商XPeng飙升92%，卖空者蜂拥而至","themeId":"fa15f917602042188480c98c024dba5b","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"09868":1.1,"XPEV":0.9},"content_text":"Short interest on XPeng’s Hong Kong shares rise to a recordThe stock is also the most volatile among HSCEI membersBearish bets on Chinese electric vehicle maker XPeng Inc. have reached a record high as its share prices almost doubled in recent weeks, suggesting investors are skeptical the rally can last.  Short interest accounted for about 12% of XPeng’s shares available to trade in Hong Kong, according to IHS Markit data as of June 29. The Guangzhou-based automaker’s stock has surged 92% since a low on June 1 to reach overbought territory, before sliding as much as 8.4% on Tuesday. Chinese EV makers have been rallying on optimism over the government’s push to expand purchases, making the sector a rare bright spot in the sluggish stock market. While peers Li Auto Inc. and Nio Inc. have also gained more than 30% each since the start of June, XPeng has outperformed as analysts praised the competitive pricing strategy of its new G6 electric SUV model, unveiled last week. Sentiment seems to be turning cautious following overheated signs in the rally and worries over the toll of an intensifying price war. The ratio of sell ratings on XPeng edged higher in June to 13.3% from 12.5% a month earlier, according to analyst recommendations tracked by Bloomberg. XPeng also has the highest 30-day volatility among the 50 members on the Hang Seng China Enterprise Index. “G6 sales may be good due to low price but this also means even weaker profitability in the coming quarters,” said Kelvin Lau, analyst at Daiwa Capital Markets Hong Kong Ltd, who has a sell rating on XPeng on concerns over the company’s profitability. The automaker reported a wider-than-expected loss in the first quarter. Short interest on its US-listed stock has come down from a peak in December but still accounts for more than a third of the company’s outstanding shares, making the stock one of the most shorted among American Depositary Receipts of Chinese firms, IHS Markit data show.The company’s gross profit margin in the third quarter and a ramp up in sales volume will be the key things to watch to gauge the rally’s sustainability, Citigroup Inc analysts led by Jeff Chung wrote in a note Monday.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":194650208546968,"gmtCreate":1688542150314,"gmtModify":1688542153925,"author":{"id":"3578364353465552","authorId":"3578364353465552","name":"Wenmoon","avatar":"https://static.tigerbbs.com/87193852227f627283aca71a7f26fa16","vip":1,"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":6,"crmLevelSwitch":1,"idStr":"3578364353465552","authorIdStr":"3578364353465552"},"htmlText":"Good opportunity to short this poor company&nbsp;to death 😁","listText":"Good opportunity to short this poor company&nbsp;to death 😁","text":"Good opportunity to short this poor company to death 😁","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/194650208546968","repostId":2348952776,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":7,"commentSize":1,"repostSize":1,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}