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Israel Defense Forces: Two Hamas members involved in the October 7 attack have been killed.

2026-08-24

Israel Defense Forces: Two Hamas members involved in the October 7 attack have been killed.

Other News
2026-08-24

Hungarian Ministry of Finance: Hungary plans to reduce government debt starting in 2027.

Hungarian Ministry of Finance: Hungary plans to reduce government debt starting in 2027.
2026-08-24

XPeng Motors-W (09868.HK) is expected to release its second-quarter results on Monday. According to a Visible Alpha survey of analysts, XPeng's net loss for the second quarter is expected to widen to RMB 718.6 million (approximately US$106.9 million)

XPeng Motors-W (09868.HK) is expected to release its second-quarter results on Monday. According to a Visible Alpha survey of analysts, XPeng's net loss for the second quarter is expected to widen to RMB 718.6 million (approximately US$106.9 million), compared to a net loss of RMB 477.8 million in the same period last year. Second-quarter revenue is expected to increase by 13% year-on-year to RMB 20.69 billion. Citigroup analysts expect the company's second-quarter gross margin for vehicles to be 12.5%, higher than the 12.1% in the first quarter, but lower than the 14.3% in the same period last year. Third-quarter delivery guidance is likely to be 130,000 vehicles, lower than the market consensus of 150,000 vehicles, possibly due to the company needing time to ramp up production of the new L03 SUV. Attention should be paid to whether XPeng can quickly increase L03 production without significantly impacting M03 sedan sales. Regarding exports, Citigroup expects fourth-quarter export sales to account for approximately 20% of the company's total deliveries, higher than the approximately 10% expected in the third quarter. Attention should be paid to whether XPeng can accelerate its overseas market expansion while maintaining high gross margins on sales volume.
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