Chinese EV stocks Li Auto, Nio, and XPeng surged today due to Morgan Stanley's optimistic view of China's EV market.
Chinese EV stocks Li Auto, Nio, and XPeng surged today as Morgan Stanley predicts near-term gains for the companies. Morgan Stanley's optimistic view of China's EV market, coupled with government support and growing demand for environmentally friendly vehicles, may continue to attract investors. The stocks are expected to rise in the next 15 days as their short-term valuation becomes more appealing.
April 26, 2024
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