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Cars on sale / DiDi stock dips after announcing it will delist from the NYSE
China-based electric vehicle (EV) makers NIO Inc. NIO, Li Auto LI and XPeng Inc. XPEV recently released their delivery numbers for the month of November. All the three firms recorded a triple-digit percentage increase in their delivery count on a year-over-year basis despite the global chip crisis.

https://finance.yahoo.com/news/does-nio-li-xpevs-november-132001339.html

Despite delivering robust delivery numbers, each of the companies closed in the red in yesterday’s trading session. Shares of NIO, LI and XPEV fell 5.5%, 3.4% and 5.6%, respectively, on rising COVID-19 concerns. Investors are understandably rattled by the new strain of the coronavirus, Omicron, which aroused fresh concerns about potential business disruptions in China. While NIO and XPeng currently carry a Zacks Rank #3 (Hold), Li Auto is Ranked #4 (Sell).



Chinese stocks keep dropping
Chinese Internet. . .BABA JD PDD VIPS BIDU TME NTES TCOM BILI YY BEKE DADA DIDI



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