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RB
Randolf Babcock
@randolfbab · May 24

In other news, China is currently the world's largest exporter of cars, overtaking Japan.

A 58% year-on-year increase in exports is pretty good, don't you think?

How will the stock of, say, $NIO react to this? 😀 Whoever bought the dip is probably lucky.

WS
Willard Spencer @willardspencer May 29

You mean the Nia dip that's been going on for two years? :-D

BC
Bill Combs @billcombs May 25

An increase of 58% is already very respectable. I don't own $NIO stock, but I keep an eye on it.

DV
Donald Vance @donaldinho May 25

So we can expect further growth because prices are all over the place

RR
Rickie Reeve @rickiereeve May 24

58% is a decent number, but I still prefer to stick to companies "closer" to us... Volkswagen. 🚀😁

RB
Randolf Babcock @randolfbab May 25

I think I understand that, I mean, it's a deal breaker

AA
Ashraf Aboudar @ashraf_dd May 24

$NIO is down a lot today (-11%). I guess it didn't reach the shareholders...

RB
Randolf Babcock @randolfbab May 24

It's true, but I think it's just a bit of an exaggerated fear, which is related to the Xpeng as Paul wrote below.

FB
Frazier Battle @frazierbattle May 24

Buying a stock from China is like investing in a loss-making company. It might work out one day, but you'll probably get burned.

RB
Randolf Babcock @randolfbab May 24

I agree in part, but you have to admit that some Chinese stocks are good too, right?

JB
Jason Bellier @neostonks May 24

The Nia slump is a reaction to its Chinese counterpart XPeng reporting its first quarter earnings. XPeng warned investors that it expects relatively flat sequential sales for the rest of the second quarter. That means the company is losing market share and Nio could be in a similar position.

RB
Randolf Babcock @randolfbab May 24

Interesting, the question is how much will the share price come back to 🤔