Overnight Trading | Tesla Soars 5%, FSD Accelerates Entry into China

This morning, influenced by the news of Tesla's accelerated entry into China with its Full Self-Driving (FSD) technology, Tesla's night trading once rose by over 5.6%, currently up by 4.7%:

On the afternoon of the 28th, Musk arrived in Beijing. According to the latest report from Reuters cited by Global Times, this is considered an "unexpected visit" by Musk to China. An insider mentioned that Musk is seeking to meet with senior Chinese officials to discuss the launch of fully autonomous driving software in China.

This positive news has helped Tesla gradually emerge from its poor performance and layoffs, restoring market confidence in Tesla once again: Tesla is not just an electric vehicle company, but an artificial intelligence company.

As the saying goes, "When the river water warms up, the ducks know it first." In the morning session, auto parts stocks generally rose, with companies like BOE Varitronix (00710) and Nexteer Automotive (01316) rising by over 5%.

Other night trading stocks with significant gains include Chinese concept stocks and semiconductor stocks.

Chinese concept stocks listed in Hong Kong have performed well recently, with the Hang Seng Index rising by over 10% in the past week, hitting a new high in over a year. Chinese concept stocks in the U.S. stock market are also gradually becoming attractive.

What is night trading?

The introduction of night trading allows U.S. stock trading to be conducted 24 hours a day, better aligning with the working hours of people in the East.

Investors can trade U.S. stocks in a timely manner based on the market conditions in the Asia-Pacific region and any sudden events affecting Hong Kong and U.S. stocks, without having to wait for the U.S. stock market to open in the evening.

The U.S. night trading period is from Sunday to Thursday night, 8:00 PM - 3:50 AM Eastern Time, making night trading, pre-market trading, intraday trading, and after-hours trading together form the 24-hour U.S. stock trading .

Risk Warning

The trading volume during night trading is generally much smaller than during regular trading hours, and usually smaller than after-hours and pre-market trading, so please be aware of slippage risks. Additionally, there is higher volatility risk around major events such as the release of financial reports by listed companies