Why Are Nio, Li Auto And Xpeng Stock Rallying?
- Monday, February 14, 2022, 7:11
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The stocks of U.S.-listed Chinese electric vehicle makers Nio, Li Auto, and Xpeng (NYSE: XPEV) have fared well, rising by between 20% to 25% each over the last two weeks, compared to the S&P 500 which gained about 4% over the same period. The recent rally is driven by a couple of factors…
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