Streetbeat News

ZEEKR Intelligent Technology Holding Limited

https://www.zeekrlife.com

Industry

Auto - Manufacturers

ZEEKR Intelligent Technology Holding Limited, an investment holding company, engages in the research and development, production, commercialization, and sale of the electric vehicles and batteries. It offers battery electric passenger vehicles (BEVs) and SUVs. The company also produces and sells electric powertrain and battery packs for electric vehicles, such as motors and electric control systems; and provides automotive related research and development services. It operates in China, Europe, and internationally. The company was founded in 2017 and is based in Ningbo, China. ZEEKR Intelligent Technology Holding Limited operates as a subsidiary of Luckview Group Limited.

Open

21.59

Mkt cap

5.5B

Volume

875K

High

22.56

P/E Ratio

-4.63

52-wk high

32.24

Low

21.13

Div yield

N/A

52-wk low

13.00

US-listed Chinese stocks rose on Friday following the People's Bank of China's decision to maintain its key policy rate and inject liquidity into the banking system. Stocks like Alibaba, JD.com, Baidu, and several electric vehicle companies saw significant gains.

Portfolio Pulse from Anusuya Lahiri

October 25, 2024 | 2:30 pm

The IMF has downgraded China's 2024 economic growth forecast, impacting US-listed Chinese EV stocks like NIO, Li Auto, XPeng, and ZEEKR, which are trading higher in anticipation of more Chinese stimulus. Meanwhile, stocks like Alibaba and Baidu remain restrained.

Portfolio Pulse from Anusuya Lahiri

October 23, 2024 | 1:16 pm

US-listed Chinese stocks are experiencing a rise in share prices following China's September retail sales and industrial production data surpassing expectations.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 10:58 am

In Tuesday's pre-market session, several consumer discretionary stocks experienced significant movements. Digital Brands Group saw a remarkable increase of 112.8%, while Qurate Retail faced a substantial decline of 44.1%. Other notable gainers included MEDIROM Healthcare Techs and Dick's Sporting Goods, whereas JD.com and Vision Marine were among the losers.

Portfolio Pulse from Benzinga Insights

October 15, 2024 | 12:08 pm

US-listed Chinese stocks are experiencing a decline as Chinese planning officials did not meet investor expectations for economic stimulus.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 12:22 pm

On Monday, several US-listed stocks saw significant gains despite a general market downturn. Pfizer's shares rose 4% after Starboard Value acquired a $1 billion stake. Scholar Rock Holding Corp's shares surged 291% following positive clinical trial results. Duckhorn Portfolio's shares climbed 101.3% after reporting strong financial results and announcing an acquisition by Butterfly Equity. Arcadium Lithium gained 40.1% after a potential acquisition approach by Rio Tinto. Vista Outdoor's shares increased 9.8% following a definitive agreement to sell Revelyst.

Portfolio Pulse from Avi Kapoor

October 07, 2024 | 2:08 pm

Chinese stocks listed in the US, including Alibaba, JD.com, and NIO, are rallying due to anticipated stimulus measures from Beijing. The stimulus is expected to benefit e-commerce and electric vehicle sectors, with significant fund inflows into Chinese and Hong Kong markets. Alibaba and other e-commerce stocks are trading higher, while Chinese EV stocks like NIO and XPeng also see gains. The potential fiscal stimulus could range from 1.5 trillion to 2 trillion yuan.

Portfolio Pulse from Anusuya Lahiri

October 07, 2024 | 1:00 pm

Chinese stocks, including Alibaba, JD.com, and Nio, are experiencing gains due to anticipated stimulus measures from China's central bank. The stimulus aims to boost domestic spending and has already restored significant market value. E-commerce and electric vehicle stocks are expected to benefit, especially with the upcoming holiday shopping season.

Portfolio Pulse from Anusuya Lahiri

October 04, 2024 | 3:58 pm

Alibaba and JD.com are intensifying their competition in Hong Kong by waiving delivery fees and enhancing services. Both stocks fell after a stimulus rally, with Alibaba committing $142 million and JD.com $213 million to expand their services in the region.

Portfolio Pulse from Anusuya Lahiri

October 03, 2024 | 1:03 pm

Chinese stocks, including Alibaba, NIO, XPeng, and Li Auto, are rallying following China's stimulus plans, which include cutting the reserve requirement ratio and allowing mortgage refinancing. Alibaba is highlighted as a key beneficiary, with increased exposure from investors like David Tepper.

Portfolio Pulse from Anusuya Lahiri

October 02, 2024 | 1:26 pm

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