
Chinese equity markets saw a strong start to the week, with the Hang Seng Index rising over 2% and the Hang Seng Tech Index up nearly 3%. Key contributors included JD.com, which surged nearly 7%, and Tencent, which rose more than 2%. Alibaba also gained over 5%, while Li Auto, Xpeng, and Nio recorded gains of nearly 6%, over 4%, and 2.2%, respectively. The Shanghai Composite Index and Shenzhen Component Index also turned positive. Turnover on the Shanghai and Shenzhen stock exchanges exceeded 1 trillion yuan for the sixth consecutive trading day. Separately, Tesla reported 10,000 insured vehicle registrations in China for the week ending January 19, a 28.21% increase from the previous week. Additionally, Tesla's new Model Y has reportedly garnered over 100,000 orders in China within ten days of its launch. China EV insurance rankings for the same week showed BYD leading with 55,000 registrations, followed by Tesla at 10,000, and Nio at 2,800.
🇨🇳TURNOVER ON SSE AND SZSE EXCEEDED 1 TRILLION YUAN FOR THE SIXTH CONSECUTIVE TRADING DAY. #CHINA $SHCOMP $SSEC $ASHR $HSI $KWEB $FXI $HXC $DRAG $YINN $YANG https://t.co/9qHxypMOna https://t.co/c5aAAVrtpo
Update: Nio 2,836, Onvo 1,913 $NIO https://t.co/qIBO8hVdTe https://t.co/dpogeJP9Pe
$TSLA China posted 10.0K insured registrations for the week of Jan 13 to 19. After 3 weeks, 1Q quarter is +3.8% YoY and -0.8% QoQ. Sources: @piloly @Tslachan. https://t.co/eqOfed48uP





















