智通财经APP获悉，汽车股早盘普涨，截至发稿，比亚迪股份(01211)涨4.13%，报99.65港元；小鹏汽 车-W(09868)涨3.55%，报83.2港元；零跑汽车(09863)涨2.91%，报48.8港元；理想汽车-W(02015)涨 2.54%，报66.7港元。 消息面上，商务部1月12日通报中欧电动汽车案磋商进展：欧方将发布《关于提交价格承诺申请的指导 文件》，欧方将秉持非歧视原则，根据世贸组织规则有关规定，对每一项价格承诺申请，适用相同法律 标准，并以客观和公正的方式进行评估。中国机电商会认为，妥善解决欧盟对华电动汽车反补贴案，是 中欧电动汽车上下游业界的普遍期待，有助于促进中欧相关产业链供应链的安全稳定，维护中欧经贸合 作大局及以规则为基础的国际贸易秩序。 ...

Core Viewpoint - Xpeng Motors' flying car division, Xpeng Aeroht, is preparing for an IPO in Hong Kong, with JPMorgan and Morgan Stanley as joint sponsors, aiming for a potential listing as early as this year [1] Group 1: Company Developments - Xpeng Aeroht has recently rebranded its international brand to "Aridge" [1] - The company has submitted a confidential application for its share offering [1] - The smart manufacturing base in Guangzhou covers an area of 120,000 square meters, with a planned production capacity of one flying car every 30 minutes [1] Group 2: Product Launch Timeline - The first mass-produced flying car is expected to begin customer deliveries by the end of 2026 [1]

汽车股早盘普涨，截至发稿，比亚迪（002594）股份(01211)涨4.13%，报99.65港元；小鹏汽车- W(09868)涨3.55%，报83.2港元；零跑汽车(09863)涨2.91%，报48.8港元；理想汽车-W(02015)涨2.54%， 报66.7港元。 消息面上，商务部1月12日通报中欧电动汽车案磋商进展：欧方将发布《关于提交价格承诺申请的指导 文件》，欧方将秉持非歧视原则，根据世贸组织规则有关规定，对每一项价格承诺申请，适用相同法律 标准，并以客观和公正的方式进行评估。中国机电商会认为，妥善解决欧盟对华电动汽车反补贴案，是 中欧电动汽车上下游业界的普遍期待，有助于促进中欧相关产业链供应链的安全稳定，维护中欧经贸合 作大局及以规则为基础的国际贸易秩序。 ...

消息面上，1月12日，据市场援引知情人士消息，小鹏汽车旗下飞行汽车部门——小鹏汇天(Xpeng Aeroht)已委聘银行筹备其在香港的首次公开募股(IPO)事宜。据悉，这家中国电动汽车制造商选择了摩 根大通和摩根士丹利作为联席保荐人，负责推进相关上市工作。消息人士指出，小鹏汇天已秘密提交了 股份发售申请，上市时间最早可能定在今年。 公开资料显示，小鹏汇天近期已将国际品牌重塑为"Aridge"。在产能布局方面，公司位于广州的智能制 造基地占地面积达12万平方米，按照设计规划，该工厂未来有望实现每30分钟下线一台飞行汽车的高效 生产能力。据悉，其首款量产飞行汽车计划于2026年年底正式开启客户交付。 智通财经APP获悉，小鹏汽车-W(09868)涨近5%，截至发稿，涨3.67%，报83.3港元，成交额3.71亿港 元。 ...

更多香港上市、美国上市等境外IPO资讯可供搜索、查阅，敬请浏览: www.ryanbencapital.com 彭博社引述消息报道，传闻小鹏汽车(09868.HK)旗下飞行汽车公司小鹏汇天已聘请摩根大通、摩根士丹利，负责安排香港IPO事宜。 小鹏汇天已通过保密方式在港交所提交上市申请，最快可能在今年进行交易。 小鹏汇天，历经数轮融资，其投资者包括IDG资本、五源资本、红杉中国、钟鼎资本、GGV纪源资本、高瓴创投、云锋基金等。 彭博社引述消息报道，传闻小鹏汽车(09868.HK)旗下飞行汽车公司小鹏汇天已聘请摩根大通、摩根士丹利，负责安排香港IPO事宜。 小鹏汇天已通过保密方式在港交所提交上市申请，最快可能在今年进行交易。 小鹏汇天，历经数轮融资，其投资者包括IDG资本、五源资本、红杉中国、钟鼎资本、GGV纪源资本、高瓴创投、云锋基金等。 版权声明：所有瑞恩资本Ryanben Capital的原创文章，转载须联系授权，并在文首/文末注明来源、作者、微信ID，否则瑞恩将向其追究法律责任。部分文 章推送时未能与原作者或公众号平台取得联系。若涉及版权问题，敬请原作者联系我们。 更多香港上市、美国上市等境外IPO资讯可 ...

Market Review - Gold and silver prices experienced significant fluctuations, with London spot gold dropping below $4,580 per ounce and silver falling below $84 per ounce after reaching historical highs the previous trading day [1] - Asian stock markets opened higher, with the Nikkei 225 index rising by 1.67% and the Korean Composite Index increasing by 0.81% [1] - U.S. stock indices closed higher, with the Dow Jones Industrial Average up 0.17% at 49,590.20 points, the Nasdaq up 0.26% at 23,733.90 points, and the S&P 500 up 0.16% at 6,977.27 points [1] - Notable gains were seen in popular Chinese stocks, with the Nasdaq Golden Dragon China Index rising by 4.26%, Alibaba increasing by over 10%, and Bilibili and Xpeng Motors rising by nearly 9% and over 8%, respectively [1] Company News - Google's market capitalization surpassed $4 trillion, following an announcement of a partnership with Apple to enhance AI capabilities, including a significant upgrade to Siri later this year [2] - Planet Labs' stock reached a new historical high after announcing a multi-year agreement with the Swedish Armed Forces worth "low nine figures" [2] - Nvidia and Eli Lilly announced a $1 billion investment over five years to establish a joint research lab in the San Francisco Bay Area, aimed at accelerating AI applications in the pharmaceutical industry [2] - Meta Platforms' CEO Mark Zuckerberg revealed plans for a new initiative called "Meta Compute," which aims to build "tens of gigawatts" of AI infrastructure by the end of 2030 [2] Institutional Research - Moody's latest report indicates that to support the explosive growth of AI and cloud computing, trillions of dollars must be invested in servers, computing devices, data center facilities, and additional power capacity [3] - An estimated $3 trillion will flow into data center-related investments over the next five years, primarily from large tech companies due to their increasing demand for data centers and power capacity [3]

Group 1 - The "Is it dead?" app team has responded to recent controversies and is considering raising $500,000 in funding [2][3] - The app, created by three individuals born in the 1990s, has seen a download increase of approximately 300 times compared to its early days, with initial costs under 1,500 yuan [3] - The app's pricing is expected to rise to 14 or 15 yuan, and the team is open to suggestions for a name change [3] Group 2 - Pop Mart will collaborate with Honor Mobile for an IP co-branding project, denying any plans to develop a mobile phone [6] - Alphabet, Google's parent company, has surpassed a market value of $4 trillion, becoming the fourth company to reach this milestone [6] - The company's stock rose by 1% following Apple's announcement that it would use Google's Gemini AI model for its next-generation Siri [6] Group 3 - Chapter Zitian has launched a personal podcast "Little Tian Zhang" and a Xiaohongshu account, gaining over 13,000 subscribers in three hours [7] - The investment company under Zong Fuli has changed its name, dropping "Wahaha" from its title [7] Group 4 - Ctrip mistakenly sent out a mass layoff notification to employees, which was later clarified as a system error [9] - The company apologized and confirmed that there were no actual layoffs planned [9] Group 5 - The price of domestic gold jewelry has risen, following international gold prices, with some brands reporting prices between 1,420 and 1,430 yuan per gram [10] Group 6 - The 43-degree Flying Moutai is expected to lower its payment price to 739 yuan per bottle, with retail prices also adjusted [13] - The previous suggested retail price was 1,099 yuan per bottle, indicating a significant price reduction [13]

Group 1 - The core viewpoint of the article emphasizes that the demand for automobiles is driven by the continuation of the trade-in policy, leading to an unexpected penetration of new energy vehicles (NEVs) and improved profitability through high-end products and overseas expansion [3][4][5][6][7][8] Group 2 - In 2025, the cumulative wholesale sales of passenger cars reached 24.119 million units, a year-on-year increase of 12.6%, with NEVs growing by 30.7% [3][8] - The penetration rate of NEVs in wholesale sales was 50.4%, up by 7.0 percentage points year-on-year, while the penetration rate for insurance reached 53.3%, an increase of 6.6 percentage points [3][46] - The share of domestic passenger cars in wholesale sales reached 69.3%, a year-on-year increase of 4.9 percentage points, with brands like Geely, Xiaomi, and Leap Motor showing significant growth [3][50] Group 3 - Looking ahead to 2026, the trade-in policy is expected to continue, supporting demand, with projected insurance sales of 22.32 million units, a decrease of 5.0% year-on-year, and wholesale sales of 30.10 million units, an increase of 1.0% [4][5] - The NEV insurance sales are expected to reach 13.8 million units, a year-on-year increase of 6.2%, while wholesale sales are projected to be 17.3 million units, up by 13.4% [4][15] Group 4 - The competitive landscape is shifting, with joint ventures declining and domestic brands accelerating their rise in the mid-to-high-end market [5][10] - In the 5-15 million price range, price-sensitive consumers are expected to drive competition, while brands like Geely, BYD, and Leap Motor are anticipated to gain higher sales growth due to their advantages in intelligence and cost-effectiveness [5][10] Group 5 - The article highlights the acceleration of intelligent driving technology, with major players like Huawei and BYD pushing for the democratization of advanced driving features [6][10] - The L3 commercial deployment is expected to gain momentum in 2026-2027, with various automakers launching new high-level driving systems and models [6][10] Group 6 - The export of passenger cars is projected to reach 6.64 million units in 2026, a year-on-year increase of 15.5%, driven by the technological advantages of domestic NEVs and the expansion of overseas manufacturing [7][11] - Companies like BYD and Geely are expected to increase their export efforts, with BYD establishing overseas factories and Geely accelerating NEV exports [7][11]

I am a full-time analyst interested in a wide range of stocks. With my unique insights and knowledge, I hope to provide other investors with a contrasting view of my portfolio, given my particular background.If you have any questions, feel free to reach out to me via a direct message on Seeking Alpha or leave a comment on one of my articles.Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a p ...

Core Viewpoint - The Nasdaq Golden Dragon China Index experienced a significant increase, with major Chinese concept stocks showing substantial gains, indicating a positive market sentiment towards these companies [1] Group 1: Stock Performance - The Nasdaq Golden Dragon China Index saw an initial increase of 3% [1] - Notable stock performances include Zhihu rising over 23%, Kingsoft Cloud increasing over 18%, and Alibaba gaining over 7% [1] - Other companies such as Xpeng and Yum China rose approximately 4%, while NetEase and Baidu increased over 3% [1] Group 2: ETF Performance - KWEB, an ETF tracking Chinese internet stocks, rose by 2.9% [1] - CQQQ, another ETF focused on Chinese companies, increased by 2.8% [1]