Chinese Concept Stocks | XPeng Launches 2025 X9 Model Amid Stock Dip

On April 15th, Eastern Time (Tuesday), the three major U.S. stock indices collectively closed lower. The S&P 500 Index fell by 0.17%, closing at 5396.63 points; the Dow Jones Index dropped by 0.38%, ending at 40368.96 points; and the Nasdaq Index decreased by 0.05%, finishing at 16823.17 points.

On April 15th, the Nasdaq Golden Dragon China Index fell by 0.49%.

Regarding popular Chinese concept stocks, TSMC rose by 0.95%, NIO increased by 0.14%, XPeng Motors fell by 5.98%, JD.com declined by 1.94%, Alibaba decreased by 1.46%, Bilibili dropped by 1.35%, NetEase fell by 1.30%, Baidu declined by 0.81%, and Pinduoduo fell by 0.75%.

Among the continuously rising Chinese concept stocks, Mogu Street rose by 5.80% for six consecutive days with a cumulative increase of 16.49% during this period; Huya rose by 0.60% for five consecutive days with a cumulative increase of 15.41%; Wangban Technology rose by 3.05% for five consecutive days with a cumulative increase of 4.08%; Jianzhi Education rose by 14.99% for five consecutive days with a cumulative increase of 31.28%; and Yuehang Sunshine rose by 23.94% for five consecutive days with a cumulative increase of 54.40%.

Among the continuously falling Chinese concept stocks, Haohong Technology fell by 14.01% for six consecutive days with a cumulative decrease of 56.81% during this period; Century Internet fell by 2.00% for four consecutive days with a cumulative decrease of 8.64%; Skymont Solar fell by 6.19% for four consecutive days with a cumulative decrease of 13.88%; Global Murphy fell by 3.88% for four consecutive days with a cumulative decrease of 31.72%; and Meiwuh Technology fell by 1.87% for four consecutive days with a cumulative decrease of 19.65%.

2025 Model XPeng X9 Officially Launched, Starting at 359,800 Yuan
On April 15th, the 2025 Model XPeng X9 was officially launched, starting at 359,800 yuan.

XPeng Motors Announces AI Robot Iron to be Mass-Produced in 2026
XPeng Motors announced that its AI robot Iron will be industrially mass-produced in 2026 and has already begun practical training at its factory in Guangzhou, China. Iron is designed with a 1:1 bionic structure, standing at 178 cm tall and weighing 70 kg, with 62 active degrees of freedom and 22 movable degrees of freedom. In terms of intelligence, Iron is equipped with a self-developed Turing AI chip boasting a computational power of 3000T and an eagle-eye vision system with a 720° view, allowing smooth movement.

He Xiaopeng: Flying Cars Could Achieve 20% of Automotive Commercial Scale in Next 20 Years
On the evening of April 15th, XPeng Motors CEO He Xiaopeng stated that flying cars, as a significant supplement to traditional transportation, could reach 20% of the commercial scale of automobiles in the next 20 years. XPeng has been proactive in developing four core technologies for flying cars over the past decade, achieving full-stack self-research and autonomous control. XPeng's "land carrier" not only completed its first historic manned flight at last year’s China airshow but also set a global record for the largest order (nearly 4,000 orders from mainland China), with mass production and delivery expected in 2026. XPeng has already started constructing the world’s first flying car manufacturing plant with an annual capacity of 10,000 units in Guangzhou.

XPeng Motors Announces Mass Production of L3 Intelligent Driving Capabilities by Year-End
XPeng Motors Chairman and CEO He Xiaopeng announced at the XPeng X9 launch event today that the company will achieve mass production of L3 intelligent driving capabilities in China by the end of this year. Additionally, XPeng’s Turing AI chip will be mass-produced in mainland China in the second quarter of this year, with an anticipated investment of 4.5 billion yuan in AI research and development this year.

Alibaba Repurchased 1.3968 Million Shares for Approximately $19.9795 Million on April 14th
On April 14th, Alibaba repurchased 1.3968 million shares for approximately $19.9795 million.

Yiwu International Trade City Signs Strategic Cooperation Agreement with Alibaba Cloud
Yiwu International Trade City announced that it signed a strategic cooperation agreement with Alibaba Cloud on April 15th, 2025, in Yiwu City, Zhejiang Province. This agreement represents a preliminary arrangement for subsequent cooperation between the two parties, with specific cooperation details and agreement signing subject to uncertainty. The parties aim to create a global digital trade innovation hub by establishing a cross-border trade digital trade core node and integrating digital technology with the real economy to upgrade "Made in China" to "Intelligent Manufacturing in China." The cooperation intends to activate a new engine of digital creation, upgrade smart trade processes, integrate AI-driven new business models, and construct a new smart ecosystem. The parties regard each other as strategic partners and will provide necessary resources and conditions for cooperation by leveraging their respective advantages. The agreement becomes effective from the date when the legal representatives or authorized agents of both parties sign or seal with the company or contract seal and remains valid for three years.

Hema: Foreign Trade Zone Launched Online, Over 100 Foreign Trade Enterprises Apply for Admission
As of April 15th, Hema has received applications for admission from over 100 foreign trade enterprises, primarily covering regions such as Jiangsu, Zhejiang, Shanghai in East China, and the Pearl River Delta in Guangdong, as well as areas like Shandong, Guangxi, and Yunnan. The business categories mainly include kitchenware, home goods, small appliances, mother and baby products, personal care, outdoor products, fresh food, and pet supplies, with department stores accounting for 60%. Additionally, the "Foreign Trade Zone" page on the Hema app has been launched online.

Former Baidu Healthcare Business Group Pharmaceutical Marketing General Manager Mao Ji Leaves
It has been reported that Mao Ji, the former general manager of pharmaceutical marketing for Baidu’s Healthcare Business Group, has resigned and joined the "Medical World" as the Chief Commercial Officer. Public information shows that Mao Ji graduated from Shanghai Jiao Tong University and previously served as Tencent's general manager of internet health and pharmaceuticals, Baidu's general manager of pharmaceutical marketing for the Healthcare Business Group, and head of the three products and one device industry.

Baidu Maps V21 Released, Announces Partnership with BYD
Baidu Maps V21 was released today, announcing an upgrade to "Intelligent Driving Navigation." Regardless of the vehicle model, users can experience intelligent driving navigation through car systems or mobile phones. Baidu Maps V21's core capabilities stem from its intelligent driving data base, covering 12 million kilometers of road networks and 3 million detailed intersections, with daily static and minute-level dynamic update capabilities. It has partnered with car manufacturers such as BYD and Leapmotor, and is now open to car manufacturers and Tier1 suppliers for model training and post-processing capabilities, providing high-quality data support for intelligent driving.

Hema App Foreign Trade Zone Launched, Currently Connecting Over 100 Foreign Trade Enterprises
As of April 15th, Hema has received applications for admission from over 100 foreign trade enterprises, primarily covering regions such as Jiangsu, Zhejiang, Shanghai in East China, and the Pearl River Delta in Guangdong, as well as areas like Shandong, Guangxi, and Yunnan. The business categories mainly include kitchenware, home goods, small appliances, mother and baby products, personal care, outdoor products, fresh food, and pet supplies, with department stores accounting for 60%.

TSMC Plans to Mass-Produce Panel-Level Advanced Chip Packaging by 2027
TSMC is about to complete the research and development of panel-level advanced chip packaging (PLP) and plans to start small-scale production around 2027. To meet the demand for more powerful AI chips, panel-level advanced chip packaging will use square substrates that can accommodate more semiconductors instead of traditional round substrates.

He Xiaopeng: Self-Developed Turing AI Chip to be Mass-Produced in Q2 This Year
XPeng Motors Chairman He Xiaopeng stated that the company’s self-developed Turing AI chip will be officially mass-produced and installed in vehicles in the second quarter of 2025. This chip will also be applied to XPeng’s AI robots and flying cars.

XPeng Motors Expects First Flying Car to Launch Next Year, Mainland Price Under $300,000
XPeng Motors’ first flying car, the "land carrier," is expected to officially launch and start large-scale deliveries next year. XPeng Huitian's co-founder and vice president Wang Tan stated that the mass production plant will be completed in the third quarter, simultaneously initiating pre-sales with a target annual sales of 10,000 units. Wang Tan added that the flying car will initially be sold in mainland China, followed by considering expansion to the Middle East and other overseas markets. He further noted that the flying car is expected to obtain its model certificate (TC) in the fourth quarter.

Alipay Launches First Domestic "Payment MCP Server"
On April 15th, Alipay, in collaboration with the Modao community, launched the "Payment MCP Server" service in China, allowing AI developers to use natural language to access Alipay payment services quickly within AI intelligent agents. MCP is a standardized protocol designed for large language models to interact with external information.

Rumors of Alibaba Intending to Acquire Starbucks China Equity Denied by Alibaba
Today, rumors circulated that Alibaba intends to acquire Starbucks China equity. In response, Alibaba stated: "False information."

Modao Launches Largest MCP Chinese Community, Alipay and MiniMax Exclusively Debut MCP
On April 15th, China’s AI open-source community Modao (ModelScope) launched a new MCP plaza, showcasing over a thousand MCP services, including exclusive debuts of new MCP services from Alipay and MiniMax.

XPeng Intelligent Driving Chip Expected to Be Mass-Produced in Q2, Supports Up to 30 Billion Model Parameters
It is reported that XPeng Motors’ self-developed AI intelligent driving chip will be officially mass-produced and launched in the second quarter of this year, first applied to XPeng's new models. Named "Turing," XPeng began its development efforts in 2020 and successfully taped out the chip last August. XPeng plans to use this chip not only in vehicles but also in AI robots and flying cars. Internal sources disclosed that XPeng’s senior management revealed this chip integrates two neural network processing brains developed by XPeng and has a specific architecture designed for neural networks. Additionally, this chip improves utilization by 20% compared to general high-performance car-grade chips, capable of handling models with up to 30 billion parameters.