Chinese EV Stocks Surge Pre-Market: XPeng (XPEV) Up Over 10%, Li Auto (LI) Rises Over 9%

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In pre-market trading, Chinese stocks listed in the U.S. observed substantial gains. Leading the surge, XPeng (XPEV) soared by more than 10%, while Li Auto (LI) appreciated over 9%. Nio (NIO) also experienced a significant increase, rising by more than 7%. Furthermore, Alibaba (BABA, Financial) saw a notable gain of nearly 5%.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.