Chinese Concept Stocks | NIO and XPeng Surge Despite Nasdaq Golden Dragon Index Dip

On August 19 (Tuesday) Eastern Time, the three major U.S. stock indices fluctuated. The S&P 500 index fell 0.59% to 6411.37 points; the Dow Jones index rose 0.02% to 44922.27 points; the Nasdaq index dropped 1.46% to 21314.95 points.

On August 19, the Nasdaq Golden Dragon China Index fell 0.90%.

Among the popular Chinese concept stocks, XPeng Motors rose 4.30%, NIO increased by 4.00%, Pinduoduo went up by 0.62%, TSMC fell by 3.58%, JD.com decreased by 1.67%, NetEase was down 1.52%, Baidu dropped 1.18%, Alibaba fell 1.13%, and Bilibili decreased by 1.11%.

Companies with consecutive rises: Wangdao Technology increased by 1.63% over a 6-day rise period with a total increase of 12.90%. Cheetah Mobile rose 4.30% over 5 days, totaling a 21.04% increase. Zhongchi Chafu increased by 5.00% over 5 days with a 3.99% rise. Gulf Resources increased by 1.26% over 5 days with a 14.17% rise. Metalpha Technology rose 1.43% over 4 days with a total increase of 3.65%. Youjia Insurance increased by 16.01% over 4 days with a total increase of 32.11%. Haivi Metal Processing rose 0.87% over 4 days with a 5.36% rise.

Companies with consecutive declines: Next Technology decreased by 8.04% over a 10-day decline period with a total decrease of 47.18%. Oriental Culture fell 11.52% over 7 days with a 30.00% drop. Home Tour Holdings decreased by 8.20% over 6 days with a total decrease of 40.74%. Sound Group fell 8.19% over 6 days with a 22.92% drop. Smart Chain Group decreased by 12.74% over 5 days with a 26.00% drop. Tian Ruixiang fell 3.89% over 5 days with a 19.31% drop. Shenfanlian decreased by 7.55% over 5 days with a 23.44% drop. Intelligent Future fell 2.04% over 5 days with a 21.95% drop. Yunji decreased by 1.73% over 5 days with a 7.61% drop.

ZTO Express reported second-quarter revenue of 11.8318 billion RMB
ZTO Express announced in a Hong Kong Stock Exchange filing that its second-quarter net profit was 1.9646 billion RMB, with revenue of 11.8318 billion RMB. Adjusted earnings per ADS were 2.48 RMB, compared to 3.38 RMB in the same period last year, with an estimate of 2.93 RMB.

NIE Wenhui, Vice President of CCPIT, visited Alibaba Group's Beijing headquarters
NIE Wenhui, Vice President of the China Council for the Promotion of International Trade (CCPIT), visited Alibaba Group's Beijing headquarters to explore innovations in logistics, mobility services, cloud computing, and artificial intelligence. Both parties discussed enhancing institutional cooperation to help companies expand internationally and promote international cooperation in industrial and supply chains.

NIO's 100kWh long-range battery pack price reduced to 108,000 RMB
On August 19, NIO announced an adjustment to the price of its 100kWh long-range battery pack (including 400V and 900V platforms). Effective immediately, the price is reduced from 128,000 RMB to 108,000 RMB, with no change to battery leasing service fees. Meanwhile, permanent upgrade service pricing is lowered from 58,000 RMB to 38,000 RMB, with flexible battery upgrade pricing unchanged.

HE Xiaopeng: Humanoid robots and L4-supporting models to be mass-produced in 2026
XPeng Motors Chairman HE Xiaopeng stated in a financial report call that the company will mass-produce L4-supporting models in 2026 and begin pilot Robotaxi operations and services in some areas. Preparations are also underway for mass production of XPeng humanoid robots in the second half of 2026.

XPeng Motors reported second-quarter revenue of 18.27 billion RMB, estimated at 18.38 billion RMB
XPeng Motors' second-quarter revenue was 18.27 billion RMB, with an estimated 18.38 billion RMB. Second-quarter adjusted loss per share was 0.2 RMB, compared to a loss of 0.68 RMB per share in the same period last year. The second-quarter net loss was 478 million RMB, down 63% year-on-year. Second-quarter deliveries were 103,200 units, compared to 30,207 units in the same period last year, with an estimate of 105,400 units. The second-quarter gross profit margin was 17.3%, compared to 14% last year, with an estimated 15.5%. XPeng Motors expects third-quarter revenue of 19.6 billion RMB to 21 billion RMB, with a market estimate of 21.06 billion RMB. They anticipate deliveries of 113,000 to 118,000 units, with a market estimate of 119,100 units.

Oriental Selection: Company initiated legal proceedings in response to rumors
Oriental Selection issued a statement clarifying that rumors about Mr. Zhou Chenggang are false, and the claim of "Oriental Selection's commission rate exceeding 30%" is inaccurate. The company ensures high-quality and cost-effective products, with an average commission rate of less than 20%. They have initiated legal and judicial processes against the rumors and will pursue the matter to the end.

Rumors about New Oriental CEO being investigated, YU Minhong responds: Complete rumor
At the end of the Hong Kong stock market today, Oriental Selection saw a sharp 20% decline after previously rising 23%. It was rumored that New Oriental Group CEO Zhou Chenggang was under investigation. In response, New Oriental founder YU Minhong stated that these claims are complete rumors.

Ant Group established a health technology company in Guangzhou with a registered capital of 10 million RMB
Tianyancha business information shows that recently, Guangzhou Lingyu Health Technology Co., Ltd. was established with Zhang Yu as the legal representative and a registered capital of 10 million RMB. Its business scope includes brand management, organizing cultural and artistic exchange activities, software development, information system operation and maintenance services, social and economic consulting services, information system integration services, market marketing planning, information consulting services, etc. The company's full equity is held by Guangzhou Lingzhi Wisdom Technology Co., Ltd., a subsidiary of Ant Group.

NIO's 100kWh long-range battery pack price adjustment: Reduced from 128,000 RMB to 108,000 RMB
NIO announced that starting from August 19, 2025, the price of the 100kWh long-range battery pack will be reduced from 128,000 RMB to 108,000 RMB, along with adjustments to the starting price of vehicle purchases.

Full-time delivery riders exceed 150,000, JD.com pays about 2,000 RMB per person per month for social security contributions
JD.com announced that as of now, their full-time delivery riders have exceeded 150,000. The company covers all costs for their social security contributions, paying an average of about 2,000 RMB per person per month. In addition to social security benefits, riders enjoy statutory holiday benefits, annual leave, family gifts, health checks, paid sick leave, a charity fund, and more. Outstanding full-time riders can also be promoted to roles such as deputy station chief or station chief.

JD.com: Social security contributions made for 150,000 full-time delivery riders, urging platforms to fulfill their obligations
JD.com announced that to date, their full-time delivery riders have surpassed 150,000, with an average monthly social security contribution of about 2,000 RMB per person. In addition to legal holiday benefits, annual leave, family gifts, health checks, paid sick leave, and a charity fund, high-performing riders have career advancement opportunities. JD.com calls on all industry platforms to take practical steps to ensure riders receive social security benefits. "As long as there is an employment relationship between the rider and the platform, the platform should sign a labor contract with the rider and fulfill its obligation to pay social security contributions, allowing riders to share in the company's growth, rather than evading labor relationships and shirking responsibilities."