阅读原文：全新ES8：蔚来的电动路虎揽胜？_虎嗅网 文章链接：https://www.huxiu.com/article/4741195.html 起售价41万的电动路虎揽胜盛世加长版？ 文章标题：全新ES8：蔚来的电动路虎揽胜？ ...

8月27日早盘，港股市场窄幅震荡。截至发稿时，恒生指数报25636点，上涨0.44%；恒生科技指数报5844点，上涨1.06%。 盘面上，科网股整体偏暖，网易低开高走，小米涨近1%，腾讯、阿里小幅上涨；创新药概念走强，同源康医药涨超6%。汽车股集体走高，蔚来涨超8%，理 想汽车涨超2%，小鹏汽车冲高回落。苹果概念延续涨势，蓝思科技涨超13%；黄金股普涨，珠峰黄金涨超2%；稳定币概念高开，联易融科技涨超9%；新消 费概念集体上涨，布鲁可涨超3%。 跨境ETF方面，港股通科技ETF、教育ETF、港股互联网ETF、恒生科技ETF涨超1%。此外，港股通非银ETF、港股金融ETF、港股央企红利ETF等小幅回 落。 每日经济新闻 ...

国金证券指出，由于9月降息或已成定局，考虑到港股今年相对A股的超额已经大幅回吐，A-H市场将重 回统一起跑线，企业盈利变化将成为两地市场表现差异的驱动。 华泰证券发布港股策略研报称，往后看，外资依然有继续增配中国市场空间：1)海外流动性易松难紧， 不仅因为货币政策，还有金融监管、发债久期调整等，美元流动性可能趋势偏松；2)国内基本面预期改 善，人民币汇率仍有升值空间。但也需要注意的是，当前外资在港股市场重要性已经有所下降，南向资 金在互联互通标的中成交占比已经超过40%，其未来流入的持续性同样甚至更加值得关注。 恒生指数高开0.4%，恒生科技指数涨0.55%。蔚来(09866)涨超8%，理想汽车(02015)涨超2%，比亚迪 (01211)股份涨超1%。 关于港股后市 中泰国际指出，尽管港股估值已经大幅修复，恒生指数预测PE已修复至过去七年接近80%分位数，但考 虑到外部货币政策不确定性有所下降，内部"反内卷"、产业扶持等政策仍在加码，市场仍具备上行支 撑。 本文转载自"腾讯自选股"，智通财经编辑：徐文强。 ...

多只中概股表现强势。 当地时间周二（8月26日），美国股市三大股指集体上涨。截至收盘，道琼斯工业指数涨0.3%，标准普尔500指数涨0.41%，纳斯达克综合指数涨0.44%。 中概股表现相对更为强劲，纳斯达克中国金龙指数涨0.73%。个股方面，禾赛科技表现抢眼，收盘暴涨逾14%；蔚来涨超10%，小牛电动涨逾9%，趣店涨 逾6%，小鹏汽车涨逾5%。 其他市场方面，国际油价大幅下跌，截至收盘，NYMEX WTI原油、ICE布油双双跌超2%。 美股三大股指收涨 当地时间周二（8月26日），美国股市三大股指均上涨，盘中一度表现疲弱，但尾盘均出现小幅拉升，截至收盘，道琼斯工业指数涨0.3%，报45418.07 点，标准普尔500指数涨0.41%，报6465.94点，纳斯达克综合指数涨0.44%，报21544.27点。 美股大型科技股多数上涨，其中特斯拉、英伟达均涨超1%，苹果涨近1%，亚马逊涨0.34%，Meta涨0.11%，微软跌0.44%，谷歌跌0.65%。 银行股集体上涨，摩根大通、高盛、美国银行、富国银行均涨逾1%，摩根士丹利涨0.89%，花旗集团涨0.76%。 能源股全线走低，康菲石油跌超1%，斯伦贝谢跌近1 ...

Market Performance - The three major U.S. indices closed higher, with the Dow Jones up 135.60 points (0.30%) at 45418.07, the Nasdaq up 94.98 points (0.44%) at 21544.27, and the S&P 500 up 26.62 points (0.41%) at 6465.94. Nvidia (NVDA.US) rose by 1.09% ahead of its earnings report [1] - The Nasdaq Golden Dragon China Index increased by 0.72%, with NIO (NIO.US) rising by 10% and Xpeng (XPEV.US) up over 5% [1] European Market - European indices experienced declines, with Germany's DAX30 down 103.02 points (0.42%) at 24158.57, the UK's FTSE 100 down 57.25 points (0.61%) at 9264.15, and France's CAC40 down 133.23 points (1.70%) at 7709.81 [1] Asian Market - The Nikkei 225 index fell by 0.97%, the KOSPI index dropped by 0.95%, and the Indonesian Composite Index decreased by 0.27% [2] Commodity Prices - Crude oil prices declined, with light crude futures for October down $1.55 to $63.25 per barrel (2.39% drop) and Brent crude down $1.58 to $67.22 per barrel (2.30% drop) [2] - Gold prices rose, with spot gold up 0.83% to $3393.49 per ounce, and COMEX gold futures up 0.65% to $3439.60 per ounce [3] Consumer Confidence - The U.S. consumer confidence index for August decreased to 97.4, reflecting growing concerns about employment and income, with the current conditions index hitting its lowest level since April [4] Federal Reserve Developments - Federal Reserve Governor Cook remains in her position pending a court ruling, allowing her to participate in upcoming meetings [5] - Analysts from Evercore predict a significant "Trumpification" of the Federal Reserve by 2026, potentially impacting its independence and policy responses [6] Real Estate Market - U.S. home prices saw a year-over-year increase of 1.9% in June, marking the lowest growth rate of 2023, as the market experiences a slowdown due to high prices and mortgage rates [7] Corporate News - ExxonMobil is in discussions to potentially return to Russia's Sakhalin project, contingent on government approvals [8] - Meta Platforms announced the establishment of a political action committee in California to support candidates advocating for relaxed AI regulations [9] - Morgan Stanley upgraded NIO (NIO.US) from "neutral" to "overweight," raising the target price from $4.8 to $8 [10]

Market Performance - US stock market opened lower but closed higher, with all three major indices posting slight gains: Nasdaq up 0.44%, S&P 500 up 0.41%, and Dow Jones up 0.3% [1] - Major tech stocks mostly increased, with Tesla and Nvidia rising over 1%, while Apple, Netflix, Amazon, and Meta saw slight gains; Google, Microsoft, and Intel experienced minor declines [1] Company Highlights - Eli Lilly's stock surged nearly 6% following the successful results of its Phase 3 clinical trial for oral GLP-1 receptor agonist orforglipron for obesity combined with type 2 diabetes [1] - Popular Chinese concept stocks mostly rose, with the Nasdaq Golden Dragon China Index increasing by 0.72% [1] - NIO saw a significant increase of 10.02%, while Atour and Xpeng rose by 5.84% and 5.46% respectively; Li Auto increased by 2.71%, and Huazhu rose by 2.33% [1] - Other notable increases included Tencent Music, Global Data, Pony.ai, Miniso, ZTO Express, and NetEase, all rising by up to 1.98% [1] - Xiaomi Group's ADR rose by 1.65%, TSMC's ADR increased by 1.33%, Tencent Holdings' ADR went up by 0.19%, while Pinduoduo's ADR fell by 3.35% [1][2]

美股周二收盘，道指收涨0.3%，标普500指数涨0.4%，纳指涨0.44%。拼多多(PDD.O)跌超3%，特斯 拉、英伟达(NVDA.O)均涨超1%。纳斯达克中国金龙指数收涨0.72%，蔚来汽车(NIO.N)涨10%，小鹏汽 车(XPEV.N)涨超5%。 ...

Core Viewpoint - The automotive industry in China is experiencing a significant rally in stock prices, driven by liquidity support from the central bank, consumer stimulus policies, and positive mid-year earnings reports [2][3][18]. Group 1: Market Conditions - The central bank has implemented large-scale reverse repos and MLF operations, injecting substantial liquidity into the banking system, which positively impacts the stock market [3]. - On August 15, the central bank conducted a 500 billion yuan reverse repo operation, followed by a 600 billion yuan MLF operation on August 25, resulting in a net injection of 300 billion yuan [3]. - There is a trend of retail investors leveraging their positions in the stock market, with some funds shifting from bank deposits and wealth management products to equities due to improved market sentiment [5]. Group 2: Automotive Sector Performance - Over 70% of the 102 Chinese automotive stocks tracked saw price increases, with an average rise of 4.05%, closely following the Shenzhen Composite Index's 4.57% gain [5]. - The total market capitalization of Chinese automotive stocks increased by over 410 billion yuan, reaching 11.56 trillion yuan [5]. - The passenger vehicle sector outperformed other segments, with a 7.05% increase, driven by stocks like NIO, Xpeng Motors, and Great Wall Motors [7]. Group 3: Notable Stock Performances - NIO's stocks surged by 31.81% in the US and 27.75% in Hong Kong, attributed to the favorable pricing strategy for its new ES8 model [9]. - Cao Cao Mobility's stock rose by 26.1%, influenced by a reduction in driver commission rates and positive market expectations regarding its inclusion in the Hong Kong Stock Connect [9]. - Xpeng Motors reported a nearly 57% reduction in losses and provided optimistic revenue guidance for Q3, leading to stock increases of 20.56% in the US and 18.73% in Hong Kong [11]. Group 4: Financial Results - Fuyao Glass reported a revenue of 21.44 billion yuan for the period, a 16.94% increase year-on-year, with a net profit of 4.80 billion yuan, up 37.33% [12]. - Great Wall Motors benefited from the launch of new models and significant overseas expansion, contributing to positive market expectations [13]. - Tuhu's revenue for the first half of the year was 7.88 billion yuan, reflecting a 10.5% year-on-year growth [13]. Group 5: Stock Declines - Despite the overall market rally, 23 stocks experienced declines, primarily in the dealer/retail, smart mobility, and new energy sectors, with declines generally limited to under 10% [14]. - Ganfeng Lithium and Hesai Technology saw the largest declines, with Ganfeng down 9.52% and Hesai down 9.11% [15][17].

Group 1 - The Nasdaq China Golden Dragon Index opened with a rise of over 1% [2] - The index reached a high of 8049.99 and a low of 7935.07, with a year-to-date increase of 18.19% [3] - Several popular Chinese concept stocks saw significant gains, with NIO rising over 8% and XPeng Motors increasing nearly 7% [5] Group 2 - A report from Morgan Stanley indicated strong orders for NIO's ES8, suggesting potential monthly sales of 40,000 to 50,000 vehicles starting in October [5] - XPeng's new P7 model is set to officially launch on August 27, with high pre-order volumes [5] - Atour Group reported Q2 2025 revenue of 2.469 billion yuan, a year-on-year increase of 37.4%, and adjusted net profit of 427 million yuan, up 30.2% [7] Group 3 - Hesai Technology's stock rose over 10% after announcing plans to submit overseas listing materials and reporting Q2 revenue of 710 million yuan, a year-on-year increase of over 50% [9] - Beike's Q2 2025 total transaction volume reached 878.7 billion yuan, up 4.7%, with net income of 26 billion yuan, a year-on-year increase of 11.3% [8] - EchoStar Communications surged over 80% following an agreement with AT&T to sell specific wireless spectrum licenses for approximately $23 billion [12] Group 4 - Trump Media & Technology Group's stock rose over 7% after announcing a digital asset strategy expected to secure $1 billion in cryptocurrency and $420 million in cash [13] - Apple shares fell nearly 1% amid a lawsuit alleging anti-competitive behavior in the smartphone and generative AI markets [14]

周二，新能源车股多数走高，截至发稿，蔚来(NIO.US)涨近10%，小鹏汽车(XPEV.US)涨超7.6%，理想 汽车(LI.US)涨超2.8%；特斯拉微跌0.24%。摩根大通分析师Nick Lai上调蔚来至买入评级，并将目标价 从4.8美元上调至8美元。 ...