Wednesday, November 25, 2020 9:31:07 AM
they dont manufacture and they are not in China.
this also pertains more to the high fliers:
High-Flying Chinese EV Stocks Hit Roadblock Amid Domestic Regulatory Scrutiny
9:06 am ET November 25, 2020 (Benzinga) Print
The buoyancy seen in the Chinese electric vehicles stocks faces risk in the wake of regulatory scrutiny by China.
What Happened: Chinese EV makers Nio Inc – ADR (NYSE: NIO), Xpeng Inc – ADR (NYSE: XPEV) and Li Auto Inc. (NASDAQ: LI), which were all in record territory ahead of Tuesday's modest pullback, are trading notably lower Wednesday morning.
The weakness is attributable to negative regulatory tidings out of China, which dragged China-listed new energy vehicle stocks sharply lower in the afternoon session.
DSGT has little or no risk at this point of their development.
and the stock is extremely undervalued compared to its peers.
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