Chinese Concept Stocks | Xpeng and Li Auto Report Strong April Deliveries, Nio Announces Management Reshuffle

On May 1st, Eastern Time (Thursday), the three major U.S. stock indexes closed higher collectively. The S&P 500 index rose by 0.63%, closing at 5604.14 points; the Dow Jones index increased by 0.21%, closing at 40752.96 points; and the Nasdaq index surged by 1.52%, closing at 17710.74 points.

On May 1st, the Nasdaq Golden Dragon China Index increased by 0.22%.

Among popular Chinese stocks, tsmc rose by 3.63%, alibaba increased by 0.91%, jd.com went up by 0.71%, pinduoduo rose by 0.38%, bilibili increased by 0.34%, XPeng Motors rose by 0.32%, and Baidu increased by 0.10%. NIO fell by 2.84%, and NetEase decreased by 0.27%.

In the segment of continuously rising Chinese stocks, Wangban Technology increased by 2.85% for 27 consecutive days, with a cumulative increase of 47.36% during the period. Huya rose by 1.60% for 10 consecutive days, with a cumulative increase of 14.37%. Sohu rose by 2.91% for 10 consecutive days, with a cumulative increase of 42.98%. Opera Browser increased by 0.64% for 8 consecutive days, with a cumulative increase of 24.58%. Gaotu rose by 4.50% for 8 consecutive days, with a cumulative increase of 23.57%. Yipin Weike surged by 23.58% for 8 consecutive days, with a cumulative increase of 356.81%. 36Kr increased by 3.84% for 8 consecutive days, with a cumulative increase of 44.52%.

In the segment of continuously falling Chinese stocks, MicroAlgo decreased by 9.48% for 8 consecutive days, with a cumulative decrease of 58.94%. Alset EHome International fell by 5.45% for 5 consecutive days, with a cumulative decrease of 34.88%. LightInTheBox decreased by 7.02% for 5 consecutive days, with a cumulative decrease of 34.57%. Gulf Resources fell by 1.12% for 5 consecutive days, with a cumulative decrease of 15.38%. TAL Education Group decreased by 0.23% for 4 consecutive days, with a cumulative decrease of 4.69%. Canaan fell by 1.62% for 4 consecutive days, with a cumulative decrease of 16.90%. OneConnect decreased by 0.17% for 4 consecutive days, with a cumulative decrease of 2.14%. Dogness fell by 3.38% for 4 consecutive days, with a cumulative decrease of 11.98%. Huize Holding decreased by 3.06% for 4 consecutive days, with a cumulative decrease of 8.65%. E-Home Household Service Holdings fell by 29.71% for 4 consecutive days, with a cumulative decrease of 70.71%. Jiuzi Holdings decreased by 3.93% for 4 consecutive days, with a cumulative decrease of 25.93%. HaoXin Holdings fell by 1.18% for 4 consecutive days, with a cumulative decrease of 18.84%. TCC International Holdings decreased by 16.40% for 4 consecutive days, with a cumulative decrease of 19.47%. Origen Seeds fell by 0.78% for 4 consecutive days, with a cumulative decrease of 12.41%.

XPeng Motors: In April, 35,045 new cars were delivered, marking a year-on-year increase of 273%. On May 1st, XPeng Motors announced its latest delivery figures. In April 2025, XPeng Motors delivered a total of 35,045 new cars, representing a year-on-year increase of 273% and a month-on-month growth of 6%. The XPeng MONA M03 has achieved over 100,000 cumulative deliveries in its 8 months on the market. The XPeng P7+ reached 50,000 new car rollouts after 5 months on the market. From January to April 2025, XPeng Motors cumulatively delivered 129,053 new cars, indicating a year-on-year growth of 313%. In April, XPeng Motors surpassed the milestone of 700,000 cumulative deliveries.

Li Auto delivered 33,939 vehicles in April, showing a year-on-year growth of 31.6%.

NIO Personnel Adjustment: The general managers of the Tianjin and Dalian companies have resigned, accelerating the integration of NIO's LeDao channel structure. NIO recently announced personnel adjustments. Gu Yue, the former general manager of NIO's Tianjin regional company, and Gong Dequan, the former general manager of NIO's Dalian regional company, have left NIO for personal reasons. Following their departures, LeDao Tianjin Regional Company General Manager Cheng Long has been appointed as the general manager of NIO's Tianjin regional company, reporting to NIO Co-Founder and President Qin Lihong and LeDao Automotive President Shen Fei. LeDao Dalian Regional Company General Manager Li Jia has been appointed as the general manager of NIO's Dalian regional company, reporting to Qin Lihong and Shen Fei. Additionally, NIO announced multiple personnel adjustments in its regional companies. Fan Hongyin, general manager of NIO's Hangzhou regional company, has been appointed as the general manager of LeDao Hangzhou regional company, reporting to Qin Lihong and Shen Fei. Yan Xiamin, general manager of NIO's Wenzhou regional company, has been appointed as the general manager of LeDao Wenzhou regional company, reporting to Qin Lihong and Shen Fei. Deng Lei, the former general manager of LeDao's Hangzhou regional company, and Cai Yongjiu, the former general manager of LeDao's Wenzhou regional company, have been assigned to new positions.