China's EV Rally: Should Investors Chase, Avoid, or Buy the Dip?
LI AUTO(LI) MarketBeat·2024-10-12 19:15
After years of economic headwinds, China is making a comeback, with the government's newly announced stimulus measures igniting a significant rally across Chinese equities. Among the sectors benefiting from this momentum are electric vehicle (EV) automakers, which have surged in the wake of this economic boost. Following the stimulus announcement, designed to revive the sluggish economy, major Chinese EV players like Li Auto, NIO, and XPeng have seen impressive gains. Li Auto has surged 37% this month alone ...