Chinese Concept Stocks | XPeng's Flying Car Expected to Begin Mass Production in 2026

On January 7th, Eastern Standard Time (Tuesday), the three major U.S. stock indices closed lower collectively. The S&P 500 index fell by 1.11% to 5909.03 points; the Dow Jones index dropped by 0.42% to 42528.36 points; and the Nasdaq index decreased by 1.89% to 19489.68 points.

On January 6th, the Nasdaq Golden Dragon China Index fell by 1.16%.

Among popular Chinese stocks, XPeng Motors rose by 9.49%, Bilibili increased by 2.53%, NetEase gained 1.70%, Pinduoduo went up by 1.62%, NIO fell by 4.25%, TSMC dropped by 3.90%, Alibaba declined by 1.23%, Baidu decreased by 0.92%, and JD.com fell by 0.46%.

In terms of Chinese stocks that have risen continuously, Eureka Acquisition rose by 0.04% over 11 consecutive days with a total increase of 0.24%. Daqo New Energy increased by 4.68% over 6 consecutive days with a total increase of 13.75%. Enlightify rose by 0.94% over 6 consecutive days with a total increase of 4.90%. Jinsheng Youle increased by 2.65% over 6 consecutive days with a total increase of 34.16%. Jinko Solar rose by 5.96% over 5 consecutive days with a total increase of 12.13%. Meiwutech increased by 3.73% over 5 consecutive days with a total increase of 51.49%. Greenland Technologies rose by 0.49% over 5 consecutive days with a total increase of 6.22%. Wangdao Technologies increased by 1.85% over 5 consecutive days with a total increase of 10.00%.

Regarding Chinese stocks that have fallen continuously, DouYu fell by 0.55% over 7 consecutive days with a total decrease of 8.18%. Yatsen Holding decreased by 2.41% over 7 consecutive days with a total decrease of 32.08%. Studio City International fell by 6.43% over 6 consecutive days with a total decrease of 28.08%. Wanwu Xinxing decreased by 1.11% over 6 consecutive days with a total decrease of 11.84%. Mintain fell by 5.36% over 6 consecutive days with a total decrease of 17.52%.

XPeng Huitian: Flying cars will be mass-produced and delivered in 2026

At the ongoing CES 2025, XPeng Huitian showcased its modular flying car "Land Carrier." It's reported that the "Land Carrier" is the latest generation of flying cars independently developed by XPeng Huitian. It is unique as the only car in the world whose trunk can fit an "airplane," and conversely, the only "airplane" that can be fitted into a car trunk. According to XPeng Huitian officials, the manufacturing base for XPeng Huitian's flying cars is under construction. It is the world's first flying car factory using a modern assembly line for mass production, intended for the production of the flying module of the "Land Carrier" with a planned annual capacity of 10,000 units, expected to be completed by the third quarter of next year, with mass production and delivery scheduled for 2026.

Sina Group donates 3 million yuan to support relief efforts in the Tibet earthquake disaster area

At 9:05 AM on January 7th, a 6.8-magnitude earthquake struck Dingri County, Shigatse City, Tibet, at a depth of 10 kilometers, causing severe damage. On the same day, Sina Group announced a donation of 3 million yuan to the earthquake-stricken area to support relief and post-disaster reconstruction. Meanwhile, the Weibo public welfare platform activated a social emergency disaster relief collaboration network, supporting relevant public welfare organizations to launch disaster relief projects and open donation channels at the first instance, coordinating with government, media, public welfare organizations, and other stakeholders to support emergency relief work.

NetEase donates 8 million yuan worth of materials to aid Tibet

On January 7th, a 6.8-magnitude earthquake hit Dingri County, Shigatse City, Tibet, causing significant casualties and widespread building collapses. According to the official WeChat account of NetEase, the company decided to donate materials worth 8 million yuan to the earthquake-stricken area to support local emergency relief, resettlement of affected people, and heating during cold weather. Currently, emergency supplies such as NetEase's selected thermal clothing, quilts, camp beds, and convenience foods are being urgently dispatched and loaded for shipment to the disaster area frontline. NetEase stated: "We will continue to monitor post-disaster reconstruction needs and do our utmost to help local people quickly restore normal life and stay warm through winter."

Alibaba: Will provide assistance according to the actual needs of the Tibet earthquake area

The Alibaba Public Welfare Foundation will support the Gongyang Rescue Team, which will arrive in Dingri County on the evening of the 7th to carry out on-site rescue. Alibaba stated that it will continue to monitor the earthquake-affected area in Dingri County and provide assistance as needed to help local authorities with disaster relief and assistance for affected people.

Tmall 2024 Store Opening Report: New stores increase by 83% year-on-year

On January 7th, Tmall released the 2024 annual business store opening report. The number of new merchants entering Tmall in 2024 increased by 83% compared to the previous year. By industry, the top ten popular categories in 2024, with the most store openings, include mobile phone accessories, snacks, cycling equipment, cups and tea sets, condiments, trendy toys, bags, down jackets, home storage, and new Chinese-style clothing.

Transsion Holdings collaborates with Alibaba Cloud, integrates Tongyi Qianwen large model into AI phone launched by TECNO

Recently, Transsion Holdings has collaborated with Alibaba Cloud to integrate the Tongyi Qianwen large model into the AI phone PHANTOM V Fold 2 launched by its technology brand TECNO, creating a deeply localized "practical AI." Users can activate the on-device large model with a specific AI button on the phone, allowing for smooth multi-round AI conversations and document and call summaries even in offline environments.

NIO registers "Jiuxiao Tianqin" trademark

According to the Qichacha App, recently, NIO Automobile Technology (Anhui) Co., Ltd. applied to register two "Jiuxiao Tianqin" and "NIO Jiuxiao Tianqin" trademarks. The international classifications are both scientific instruments and transportation tools, and the current trademark status is pending registration.

Li Auto's weekly sales in the first week of 2025 (2024.12.30-2025.1.5) reached 0.67 million units

From January to December 2024, Li Auto's annual sales reached 504,500 units, ranking first in sales among new power brands in the Chinese market. In the first week of 2025 (2024.12.30-2025.1.5), Li Auto's weekly sales reached 0.67 million units.

OneConnect Financial Technology personnel changes: Chen Dangyang, assistant general manager of Ping An Property Insurance, appointed as party secretary, may take over as chairman

Recently, it was learned from the industry that Chen Dangyang, assistant general manager and chief technology officer of Ping An Property Insurance, has been appointed as the party secretary of OneConnect Financial Technology and may take over as chairman. A query of the OneConnect Financial Technology official website currently shows the management interface as: Chairman and CEO Shen Chongfeng, newly joined general manager Tang Xiao in October 2024, general manager assistant Bi Wei, chief technology officer Li Jie, and chief financial officer Lin Rubo, who also joined last year.

Jensen Huang announces Nvidia partners: including BYD, Li Auto, Xiaomi, and Zeekr

At the ongoing CES 2025, Nvidia founder and CEO Jensen Huang announced Nvidia's partners in the automotive field, including domestic car manufacturers BYD, Li Auto, Xiaomi, and Zeekr.

JD Home Services launches a plan to recruit 100,000 people

JD Home Services launches a plan to recruit 100,000 cleaning staff across hundreds of counties and towns. In 2025, JD Home Services plans to expand its business to 100 cities, investing 10 billion yuan to comprehensively enhance the benefits and cooperation experience of cleaning staff.

XPeng Motors establishes a sales service company in Jiangmen with a registered capital of 10 million

According to the Tianyancha App, on January 3rd, Jiangmen XPeng Motors Sales Service Co., Ltd. was established, with Chen Zhiyuan as the legal representative and a registered capital of 10 million yuan. The business scope includes car sales, new energy vehicle sales, new energy vehicle parts sales, battery and accessory sales, small passenger car rental services, information consulting services, information technology consulting services, and second-hand car brokerage. Shareholder information shows that the company is wholly owned by XPeng Motors Sales Co., Ltd.