Core Viewpoint - The U.S. stock market showed mixed results with the Dow Jones increasing by 0.1%, while the Nasdaq and S&P 500 indices decreased by 0.59% and 0.33% respectively [1] Group 1: Stock Performance - Major technology stocks experienced varied performance, with Oracle rising over 2% and Tesla increasing more than 1%, while Google and Broadcom fell over 1% [1] - The residential construction, railway transportation, and tourism sectors saw significant gains, with Marriott Hotels rising over 8%, Hilton Hotels increasing over 3%, and Union Pacific up over 2% [1] - Storage and cryptocurrency-related stocks faced notable declines, with Western Digital dropping over 8%, SanDisk down over 7%, and Seagate Technology falling over 6% [1] Group 2: Chinese Stocks - The Nasdaq Golden Dragon China Index rose by 0.87%, with popular Chinese stocks such as Li Auto increasing by 2.9%, and BYD and Alibaba both rising over 2% [1] - Other Chinese companies like NIO, Xpeng, New Oriental, and JD.com saw increases of over 1%, while Tencent fell by 1.4% and Meituan dropped by 2.8% [1]

Group 1 - The Nasdaq Golden Dragon China Index has seen a preliminary increase of 0.9% [2] - Notable Chinese concept stocks include: - Autohome rising over 4% - Tencent Music increasing by more than 3% - Li Auto up nearly 3% - Alibaba gaining over 2% - Xpeng Motors, NIO, and JD.com each rising by more than 1% [2]

◎记者 徐潇潇 2026年开年，特斯拉、蔚来、小米等车企发起"7年超低息"车贷竞赛。近期，东风日产推出"0首付，8年 贷"方案，让竞争愈发激烈。 从传统的1至5年期到如今的7至8年期，这场看似"普惠"的营销背后，是车企在新能源渗透率突破54%的 市场变局中的焦虑和突围。然而，当贷款期限超越产品换代周期，当车辆残值难抵未还贷款，在"低月 供"的诱惑之下，一系列隐忧也悄然浮现。 车贷期限"卷"到8年 他表示，传统车贷以车辆为抵押物，期限与车辆残值周期紧密挂钩。如今，"8年贷"已远超一般电动车 的主流换车周期。金融机构的风险模型正在从"资产覆盖风险"转向"用户信用风险"。 在深圳一家东风日产门店，销售人员对上海证券报记者表示："这款车的裸车价是12.99万元，加上购置 税、保险和上牌费，全部落地大概14万元。如果选择8年分期，总利息约27000元，加上裸车的车价，日 供55元左右；选择分期会有2000元政府补贴。" 目前，东风日产已将这一超长期金融方案扩展至全系车型，覆盖N6、N7、轩逸经典等主力车型，同样 支持96期0首付分期。其中，轩逸经典日供最低可至27元。上述销售人员介绍，合作的东风日产汽车金 融是正规持牌 ...

中新网2月10日电国家市场监督管理总局质量发展局网站显示，日前，上海蔚来汽车有限公司根据《缺陷汽车产品召回管理条例》和《缺陷汽车产品召回管 理条例实施办法》的要求，受委托向国家市场监督管理总局备案了召回计划。 自即日起，召回2018年3月16日至2023年1月16日期间生产的ES8、ES6和EC6纯电动汽车，共计246229辆。 图自国家市场监督管理总局质量发展局网站 本次召回范围内的部分车辆，由于软件问题，可能在特定条件下出现短时间的仪表及中控屏黑屏，期间无法为驾驶员提供必要的车辆信息及功能(如车速信 息、故障报警提示、除霜除雾功能等)，存在安全隐患。 上海蔚来汽车有限公司将通过远程升级(OTA)技术，免费为召回范围内的车辆升级软件至Aspen 3.5.6、Alder 2.1.0或更高版本，对于无法通过OTA技术升级的 车辆，将通过蔚来服务中心联系相关用户实施召回，以消除安全隐患。因部分车辆之前已升级优化后的软件，本次召回此部分车辆无需再次升级。 日前，浙江极氪智能科技有限公司也根据《缺陷汽车产品召回管理条例》和《缺陷汽车产品召回管理条例实施办法》的要求，受浙江吉利汽车有限公司委托 向国家市场监督管理总局备 ...

智通财经APP获悉，周二，蔚来(NIO.US)涨近2%，报4.985美元。据报道，蔚来内部2月9日下午召开了 一场全员会。蔚来创始人、董事长、CEO 李斌于会上表示，2025 年是蔚来不平凡的一年，团队实现 了"不可能的任务"。接下来要继续坚决在技术和产品研发方面坚决进行投入，同时提高研发效率；持续 布局充换电基础设施和销售服务网络的建设；持续推行围绕用户价值创造的全员经营组织变革，争取在 2026年实现Non-GAAP口径下全年盈利。 ...

Core Insights - NIO Inc. is showing signs of a turnaround with guidance for its first-ever quarterly adjusted operating profit in Q4 2025, expecting between 700 million and 1.2 billion yuan, a significant improvement from a 5.54 billion yuan loss in Q4 2024 [1][9] Group 1: Financial Performance - Q4 2025 deliveries reached a record 124,807 vehicles, representing a nearly 72% year-over-year increase, with all three brands achieving quarterly highs [3][10] - Vehicle margins improved to 14.7% in Q3 2025, up from 13.1% in Q3 2024, with a target to reach 20% this year [11] - Cumulative deliveries surpassed 1 million units, marking a significant scale milestone for the company [10] Group 2: Market Position and Strategy - NIO is expanding its market reach by launching the more affordable Onvo brand and the high-end Firefly brand, attracting new customers in a competitive EV market [2][9] - The company operates 3,790 battery swap stations globally and plans to add 1,000 more by the end of 2026, enhancing its competitive edge through its Battery-as-a-Service strategy [12] Group 3: Growth Initiatives - NIO is entering new markets, including Central Asia and plans to launch its Firefly sub-brand in Australia and New Zealand by late 2026, while also focusing on European expansion [13] - The latest software upgrades have been rolled out to over 460,000 vehicles, improving user experience and brand loyalty [13] Group 4: Valuation and Analyst Outlook - The stock is trading at a lower price-to-sales multiple compared to the broader industry, making it appear attractive for investment [14] - Analysts have set an average price target of $6.17 for NIO, indicating a potential upside of approximately 26% from current levels [16]

Group 1 - The core point of the article highlights the significant underperformance of the Huabao Nasdaq Select Fund compared to the Nasdaq index, leading to investor dissatisfaction [10][8][40] - The fund's assets have grown to over 11 billion yuan since its establishment in March 2023, but it has a high concentration in a few stocks, which can lead to volatile performance [11][36] - The fund's year-to-date return is -4.79%, ranking 72 out of 78 in its category, indicating it is among the worst performers [13][38][52] Group 2 - The fund's top holdings include Nvidia (9.83%), Li Auto (9.14%), and Google C (8.19%), with a total of 72.76% of the fund's net asset value concentrated in its top ten holdings [2][36][24] - Despite the strong performance of certain sectors like storage, the fund managers have not adjusted their holdings accordingly, missing out on significant market opportunities [6][35] - The fund has invested in several Chinese concept stocks, which have generally underperformed, further dragging down the fund's overall performance [7][20][42] Group 3 - The fund's performance has led to a backlash from investors, particularly those who entered the market in September 2022, facing losses exceeding 10% [41][17] - The fund managers have been criticized for their strategy, particularly for not capitalizing on high-performing stocks in the U.S. market while heavily investing in underperforming Chinese stocks [47][20] - The fund's management has attempted to justify their strategy by emphasizing the potential of emerging technologies, but this has not alleviated investor concerns [49][25]

Core Viewpoint - NIO is focusing on maintaining technological and product leadership while enhancing operational efficiency to ensure sustainable growth and profitability in the competitive electric vehicle market [4][8]. Group 1: Company Achievements and Growth - NIO held an all-hands meeting on February 9, where CEO Li Bin highlighted the company's achievements in 2025 and outlook for 2026, introducing a "Special Contribution Award" to recognize outstanding teams and projects [5]. - The new ES8 model delivered 60,000 units in just 134 days, significantly contributing to NIO's profitability in Q4 [5][12]. - NIO's sales grew by 47% year-on-year, with over 70% growth in the second half of the year, marking the production of the 1 millionth vehicle in January [7][16]. Group 2: Technological Advancements - Li Bin emphasized the importance of NIO's "three core components": the self-developed smart driving chip NX9031, the SkyOS operating system, and the intelligent chassis, all set to be implemented in 2025 [7][13]. - The NX9031 chip, produced using a 5nm process, is a significant achievement for NIO, showcasing the company's commitment to advanced technology [7][13]. - NIO's ET9 model remains one of the most technologically advanced vehicles globally, attributed to its proprietary chip and integrated systems [13][14]. Group 3: Future Strategies and Goals - NIO aims to achieve annual Non-GAAP profitability as a foundation for sustainable development, with a focus on operational efficiency and user value creation [8][19]. - The company plans to build 1,000 new battery swap stations this year, increasing its total to over 4,600 by year-end, highlighting the importance of battery swapping in its business model [16][18]. - NIO's goal is to maintain a 40%-50% annual growth rate, targeting 5 million vehicles by 2035, while ensuring high user satisfaction [22][23].

IT之家2月10日消息，昨日下午，蔚来内部召开了一场全员会。会上，蔚来创始人、董事长、CEO李斌表示，2025年是蔚来不平凡的一年，团队实现 了"不可能的任务"。 蔚来2月5日发布了其2025年四季度盈利预告，预计录得经调整经营利润7亿元至12亿元。 李斌表示，接下来要继续坚决在技术和产品研发方面坚决进行投入，同时提高研发效率；持续布局充换电基础设施和销售服务网络的建设；持续推 行围绕用户价值创造的全员经营组织变革，争取在2026年实现Non-GAAP口径下全年盈利。 IT之家注意到，蔚来汽车CEO李斌上个月发表新年首次内部讲话时也提到了类似观点。他表示接下来3至5年，蔚来汽车能够实现年均40%至50%的稳 定增长。 IT之家2月10日消息，昨日下午，蔚来内部召开了一场全员会。会上，蔚来创始人、董事长、CEO李斌表示，2025年是蔚来不平凡的一年，团队实现 了"不可能的任务"。 蔚来2月5日发布了其2025年四季度盈利预告，预计录得经调整经营利润7亿元至12亿元。 李斌表示，接下来要继续坚决在技术和产品研发方面坚决进行投入，同时提高研发效率；持续布局充换电基础设施和销售服务网络的建设；持续推 行围绕用户价值创 ...

IT之家注意到，蔚来汽车CEO李斌上个月发表新年首次内部讲话时也提到了类似观点。他表示接下来3 至5年，蔚来汽车能够实现年均40%至50%的稳定增长。 李斌还分享了对公司2025年的总结和对2026年的展望，并表彰过去一年的优秀项目。和往年相比，今年 的表彰增加了"特别贡献奖"，旨在表彰经营结果突出的团队和项目。全新ES8车型战队获得了全场唯一 的特等奖。乐道L90车型战队、Firefly萤火虫车型战队、自研芯片团队、供应链降本团队获得了一等 奖。基本经营单元（CBU）去年发挥了巨大作用，李斌要求接下来把CBU机制继续彻底跑通。"用车做 比方的话，去年我们只能算是做出了概念车，但我们还会持续推行，争取早一点到量产车，争取每年都 能够在经营水平上有进步。"李斌说道。 本文源自：IT之家 蔚来2月5日发布了其2025年四季度盈利预告，预计录得经调整经营利润7亿元至12亿元。 李斌表示，接下来要继续坚决在技术和产品研发方面进行投入，同时提高研发效率；持续布局充换电基 础设施和销售服务网络的建设；持续推行围绕用户价值创造的全员经营组织变革，争取在2026年实现 Non-GAAP口径下全年盈利。 昨日（9日）下午，蔚来 ...