US Stock Market Move | China's new forceful car company defies market trends and rises. XPeng, Inc. ADR Sponsored Class A(XPEV.US) surged more than 4%.
On Thursday, Chinese new energy vehicle companies surged against the market trend.
On Thursday, Chinese new energy vehicle companies rose against the trend, with NIO Inc. Sponsored ADR Class A (NIO.US), XPeng, Inc. ADR Sponsored Class A (XPEV.US) up more than 4%, and Li Auto, Inc. Sponsored ADR Class A (LI.US) up nearly 1%. On the news front, it was reported that European automotive giant Stellantis is in talks with Chinese electric vehicle companies Xiaomi and Xiaopeng to discuss cooperation in their European operations. The negotiations are still in the exploratory stage, but involve significant capital and capacity cooperation.
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US Stock Market Move | SoftBank-backed PayPay (PAYP.US) debuted on the U.S. stock market with an opening increase of over 13%.

US Stock Market Move | Storage concept stocks collectively fell, with SanDisk (SNDK.US) dropping nearly 5%.

A-shares evening hot topics | The central bank's latest statement! Reiterating the unchanged stance of moderate easing

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