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2023.11.28 09:59
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Pre-market US stocks | Weibo Corp rises, Alibaba and JD-SWR fall! Shanghai green license may be further tightened

Meituan-W's revenue and profit in the third quarter exceeded expectations. Tesla China has raised the price of the Model Y Long Range by 2,000 yuan, and subsequently announced an insurance subsidy of 8,000 yuan. DiDi experienced a 12-hour outage, estimated to result in the loss of millions of orders and 400 million yuan in transaction volume.

Top News in US Stocks

  1. Salespeople from multiple car brands have indicated that the new energy vehicle license plates in Shanghai may be adjusted next year, and consumers are encouraged to take advantage of the window period to purchase cars.

"Next year, the policy of purchasing pure electric vehicles and receiving green license plates in Shanghai is expected to be adjusted. According to the information we have received, the green license plates may also participate in the auction mode like the blue license plates. If there is a buffer period for the policy of purchasing new energy vehicles and receiving free license plates, it may be extended until June next year at the latest."

  1. MEITUAN-W's revenue in the third quarter was RMB 76.47 billion, a year-on-year increase of 22%, estimated at RMB 76.01 billion; adjusted net profit was RMB 5.73 billion, a year-on-year increase of 62%, estimated at RMB 5.29 billion; adjusted EBITDA was RMB 6.19 billion, a year-on-year increase of 29%, estimated at RMB 7.13 billion.

  2. Tesla China has increased the price of the long-range version of Tesla by RMB 2,000, to RMB 306,400.

According to Tesla's official blog, by the end of the year, if you choose to buy a Model 3/Y, you can enjoy a maximum discount of RMB 21,000. The S3XY series models have launched a limited-time low-interest financial policy, with Tesla saving up to RMB 11,500. The Model 3/Y rear-wheel drive version is available now, and a limited-time insurance subsidy is available, with a benefit of RMB 8,000.

  1. Tesla's official Weibo announced that the Tesla charging network in mainland China is open for upgrade, and the home charging product series, destination charging stations, and supercharging stations will support more non-Tesla vehicles.

  2. According to Southern Daily, Didi "crashed" for 12 hours, estimated to cause Didi to lose millions of orders and over RMB 400 million in transaction volume. Based on the analysis of the system failure, industry insiders pointed out that the cause of the failure is likely to be network problems in Didi's own data center.

  3. According to Jiemian News, from insiders of several consumer electronics supply chain companies, Apple will officially mass-produce the first-generation MR (Mixed Reality) product Vision Pro in December this year, with an initial stock of about 400,000 units. The sales target for 2024 is 1 million units, and it is expected to reach 10 million units in the third year. After investigation and statistics, it was found that unlike the low proportion of domestic components in the previous iPhone 15 series products, the proportion of Apple Vision Pro's domestic supply chain has significantly increased to about 60%.

  4. On November 28th, Xiaomi Automotive Technology Co., Ltd. published a patent for "Integrated Structure of Battery and Vehicle Body". The abstract shows that the integrated structure of the battery and vehicle body includes the vehicle body and the power battery pack. The vehicle body includes two threshold beams, which are spaced apart in the left and right directions of the vehicle. Each threshold beam is equipped with a battery pack installation section.

Through the above technical solution, the top of the battery pack housing is integrated with cross beams, which can strengthen the main body of the housing, improve the rigidity and lateral impact force transmission performance of the battery pack housing. The top of the main body serves as the floor panel, which is conducive to improving the integration level of the vehicle, reducing the weight of the vehicle body structure, achieving lightweight vehicles, and improving the vehicle's range.

Pre-market Movement

In pre-market trading, the three major stock index futures showed mixed results, with the fear index declining.

Chinese concept stocks showed mixed performance, with Weibo rising more than 2%, Bilibili falling more than 2%, Alibaba and JD.com falling more than 1%, and Pinduoduo slightly declining.

In terms of individual stocks, Faraday Future rose more than 4%. Jia Yueting stated that within 72 hours after the successful launch of the FF Middle East Strategy Conference, the company has received more than 300 pre-orders for the FF91 2.0 Futurist aiFalcon Limited Edition without a deposit. Next, FF will gradually launch the "FF All Hyper Global Track Conqueror Program," the "Developer Co-creation Program" for the Middle East's top talents, and the execution plan for the Middle East strategy, including the delivery of SOD1 in the UAE market.

Novo Nordisk fell more than 1%, and a report showed that Eli Lilly's "weight loss drug" is more effective than Novo Nordisk's.

German "electric vertical takeoff and landing aircraft" developer Lilium rose more than 5% at one point. The company announced that it has received the "Design Organization Approval" issued by the European Union Aviation Safety Agency.

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