Core Insights - Zeekr Group reported a total of 61,636 vehicle deliveries in October 2025, marking a year-over-year increase of 9.8% and a month-over-month increase of 20.5% [2] - The Zeekr brand delivered 21,423 vehicles, while Lynk & Co delivered 40,213 vehicles, supported by over 2.15 million cumulative users [2] Company Overview - Zeekr Group, headquartered in Zhejiang, China, is a leading premium new energy vehicle group under Geely Holding Group, focusing on creating a fully integrated user ecosystem [3] - The company is developing its own software systems, e-powertrain, and electric vehicle supply chain, emphasizing values of equality, diversity, and sustainability [3]

Market Performance Summary - Sinopec Oilfield Service (01033) rose over 12% as the company continues to advance its overseas strategy, with new contract signings increasing by over 70% in the first half of the year [1] - China Hongqiao Group (00931) fell over 13% after a significant 55% surge the previous day, with ongoing discussions regarding potential investments [1] - BYD Electronic (00285) increased over 4% as the company is set to supply power components for NVIDIA's new 800VDC AI server architecture [1] - Horizon Robotics-W (09660) rose over 6% as its HSD technology was first adopted by the ET5 model, with multiple automakers already confirming orders [1] - Bilibili-W (09626) increased over 10% due to strong performance of new games, indicating a gradual release of its commercial value [1] - CRRC Corporation (01766) rose nearly 4% ahead of its third-quarter earnings report, with expectations for continued growth in new train procurement and maintenance [1] - Genscript Biotech (01952) rose over 5% as its EVM14 treatment for squamous cell carcinoma addresses critical clinical needs, leading in clinical development progress [1] - Bosideng (03998) increased nearly 6% following the appointment of renowned British designer Kim Jones as the creative director for its new AREAL high-end urban line [1] - Derin Holdings (01709) fell over 11% after announcing a discounted placement of shares to raise funds for expanding Bitcoin mining operations [1] US Market Highlights - TSMC (TSM.US) rose 0.89% as the first NVIDIA Blackwell wafers were recently produced in the US [3] - Pony.ai (PONY.US) increased 1.76% after partnering with Stellantis for autonomous vehicle solutions [3] - WeRide (WRD.US) rose 2.67% after successfully passing the Hong Kong Stock Exchange hearing, positioning itself to become the first "Robotaxi" stock in Hong Kong [3] - Zeekr (ZK.US) increased 4.48% as pre-sales for the refreshed Zeekr 7X officially began, offering significant pre-sale benefits [3] - iQIYI (IQ.US) rose 8.37% as Morgan Stanley upgraded its target price, citing the long-term growth potential of the domestic IP merchandise market [3] - Taoping (TAOP.US) increased 4.27% after announcing a non-binding letter of intent to acquire 100% of Alphalion Holding Limited [3] - Micron Technology (MU.US) rose 2.17% as several major firms raised their target prices for the company [4] - U.S. Antimony Corporation (UAMY.US) surged 20.02% following its proposal to acquire Larvotto Resources to enhance its critical mineral asset portfolio [4] - Apple (AAPL.US) rose 3.94% as a report indicated strong early sales of the iPhone 17 series in China and the U.S. [4] - Moderna (MRNA.US) increased 4.73% after presenting positive data on its mRNA vaccine pipeline at the IDWeek 2025 conference [4]

Core Viewpoint - Zeekr (ZK.US) shares rose over 4% to $29.74 following the announcement of the pre-sale of its new model, Zeekr 7X, which is set to launch on October 28 [1] Company Summary - Zeekr officially announced the pre-sale of its new electric mid-size SUV, Zeekr 7X, on October 20 [1] - The Zeekr 7X is the fourth mass-produced model from the brand, following Zeekr 001 and Zeekr 009 [1] - The new vehicle will continue to utilize the SEA architecture and will feature upgrades in range, smart cockpit, and driving assistance, with specific parameters to be released later [1]

Core Viewpoint - Zeekr (ZK.US) shares rose over 4% to $29.74 following the announcement of the pre-sale of its new model, Zeekr 7X, which is set to launch on October 28 [1] Company Summary - Zeekr has officially announced the pre-sale of its new electric mid-size SUV, Zeekr 7X, on October 20 [1] - The Zeekr 7X is the fourth mass-produced model from the brand, following Zeekr 001 and Zeekr 009 [1] - The new vehicle will continue to utilize the SEA architecture and will feature upgrades in range, intelligent cockpit, and driving assistance [1]

Core Viewpoint - Zeekr (ZK.US) has seen a pre-market increase of 2.14% to $29.17, driven by the announcement of the pre-sale for the updated Zeekr 7X SUV, which offers significant pre-sale benefits [1] Group 1: Product Launch - The updated Zeekr 7X is officially available for pre-sale, with a promotional offer of 2,000 yuan off a purchase of 7,000 yuan [1] - The official launch date for the updated Zeekr 7X is set for October 28 [1] - The updated model will continue to offer three versions: a rear-wheel drive Max version with a 75 kWh battery, a rear-wheel drive Max version with a 103 kWh battery, and an all-wheel drive Ultra version with a 103 kWh battery [1] Group 2: Stock Performance - The closing price on October 17 was $28.56, with a pre-market price of $29.17 reflecting a gain of $0.61 [1] - The stock has a total market capitalization of $7.316 billion and a total share count of 256 million [1] - The stock's 52-week high is $33.319, while the 52-week low is $17.910 [1]

Core Viewpoint - Zeekr Group, a leading premium new energy vehicle manufacturer, is set to release its unaudited financial results for Q3 2025 on November 17, 2025, before U.S. market opening [1]. Company Overview - Zeekr Group is headquartered in Zhejiang, China, and is part of Geely Holding Group, focusing on premium new energy vehicles with brands Lynk & Co and Zeekr [2]. - The company aims to create a fully integrated user ecosystem, emphasizing innovation, equality, diversity, and sustainability [2]. - Zeekr Group is developing its own software systems, e-powertrain, and electric vehicle supply chain to position itself as a global new energy mobility solution provider [2].

Core Insights - Zeekr Group reported a total delivery of 51,159 vehicles in September 2025, marking an 8.5% increase year-over-year and a 14.1% increase month-over-month [2] - The Zeekr brand delivered 18,257 vehicles, while Lynk & Co delivered 32,902 vehicles, supported by over 2.1 million cumulative users [2] Product Launches - Lynk & Co launched its first mid-to-large hybrid sedan, the Lynk & Co 10 EM-P, featuring advanced technologies such as smart electric AWD, centimeter-level LiDAR, and the NVIDIA Thor chip for intelligent driving [3] - Zeekr introduced its flagship luxury SUV, the Zeekr 9X, built on the SEA-S architecture, featuring the SEA super hybrid system and G-Pilot intelligent driving assistance, along with premium amenities for a luxury experience [4] Company Overview - Zeekr Group, headquartered in Zhejiang, China, is a leading premium new energy vehicle group under Geely Holding Group, focusing on creating a fully integrated user ecosystem and developing its own software systems and electric vehicle supply chain [5]

Group 1 - The core point of the news is that China and the United States have reached a basic framework consensus to properly resolve the TikTok issue, reduce investment barriers, and promote economic cooperation [3] - The meeting took place in Madrid, Spain, on September 14-15, where both sides engaged in constructive communication regarding economic issues of mutual concern [3] - China opposes the politicization of technology and economic issues and emphasizes the protection of national interests and the legitimate rights of Chinese enterprises [3] Group 2 - The "2025 China Top 500 Enterprises" list was released, with the entry threshold raised to 47.96 billion yuan, an increase of 5.79 billion yuan from the previous year [4] - There are 267 companies with revenues exceeding 100 billion yuan, accounting for 53.4% of the list, and the total revenue of the top 500 enterprises reached 110.15 trillion yuan [4] - The average R&D intensity of the listed companies has increased for eight consecutive years, reaching a new high of 1.95% [4] Group 3 - Xiaomi's new series, the Xiaomi 17, is set to launch and aims to directly compete with the iPhone, featuring a significant upgrade in product capabilities [11] - The series will include three models: Xiaomi 17, Xiaomi 17 Pro, and Xiaomi 17 Pro Max, and will be the first to feature the fifth-generation Snapdragon 8 platform [11] Group 4 - OPPO has announced that it will take legal action against entities spreading false information about the company, emphasizing a zero-tolerance policy towards such actions [14][15] - The company aims to protect its reputation and will pursue all legal avenues to hold responsible parties accountable [15] Group 5 - The AI sector is seeing significant developments, with the launch of the "2025 Artificial Intelligence+" list to recognize leading companies and applications in the AI field [18] - The framework for AI safety governance has been updated to address evolving risks and improve preventive measures [17]

Group 1 - The core point of the news is that Zeekr Technology Holdings Limited has received overwhelming shareholder approval for its merger agreement with Geely Automobile Holdings Limited, marking a significant step in the "One Geely" strategy [1] - The merger agreement was approved with 94.2% of the votes, indicating strong shareholder confidence in the long-term value creation post-merger [1] - Following the merger, Zeekr Technology will become a wholly-owned subsidiary of Geely Automobile and will no longer be listed on the New York Stock Exchange [1] Group 2 - Geely Automobile aims to leverage Zeekr's high-performance, intelligent, and global advantages to enhance its capabilities across technology, products, supply chain, manufacturing, marketing, and international resources [2] - The merger will enable Geely to cover mainstream, mid-to-high-end, and luxury segments, establishing a diverse power system that includes fuel, pure electric, plug-in hybrid, and alcohol-hydrogen electric vehicles [2] - The approval of the merger is seen as a crucial step towards the comprehensive return of the "One Geely" strategy, which aims to build cost advantages, enhance brand competitiveness, and strengthen global market influence [2]

Core Viewpoint - Zeekr Group has received shareholder approval for a merger with Geely Automobile Holdings Limited, which will result in Zeekr becoming a wholly-owned subsidiary of Geely [1] Group 1: Merger Details - The extraordinary general meeting of shareholders took place on September 15, 2025, where shareholders voted in favor of the merger proposal [1] - The merger agreement was initially announced on July 15, 2025, and involves Keystone Mergersub Limited, a wholly-owned subsidiary of Geely, merging with Zeekr Group [1] - Following the merger, Zeekr Group will be the surviving entity and will operate as a wholly-owned subsidiary of Geely [1]