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May 25, 2025

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Top Chinese stocks to watch this week: PDD, Li Auto, Ehang

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This week will be important for the stock market as NVIDIA publishes its financial results on Wednesday. NVIDIA is watched closely because of its role in the artificial intelligence industry. This article highlights some of the top Chinese stocks to watch this week, including PDD Holdings (PDD), Li Auto (LI), and Ehang (EH).

EHang Holdings (EH)

EHang Holdings is one of the top Chinese stocks to watch this week as it publishes its financial results. These numbers come after the stock dropped by over 43% from its highest point this year.

EHang is one of the top players in the electric vertical take-off and landing (eVTOL) industry that analysts believe will continue doing well in the long term. 

Unlike its American counterparts like Joby Aviation and Archer Aviation, EHang is already in business and delivering product. 

The most recent financial results showed that its revenue jumped by 190% in the fourth-quarter and 288% in the full year. It delivered 216 units last year and has already achieved non-GAAP profitability.

EHang’s revenue rose to $22.5 million in the fourth quarter. It made a net loss of $6.4 million, and the management expects to break even this year.

Its advantage is that it has a first-mover advantage in the Chinese market, and is now expanding in other countries like Japan, Thailand, and Mexico. It has also announced plans to expand in Yunfu, Hefei, Weihai, and Beijing. It also has a backlog of over 1,200 aircraft.

PDD Holdings (PDD)

PDD Holdings is another top stock to watch this week, as the parent company of Pinduoduo and Temu publishes its financial results. 

These will be notable results as the company will discuss the end of de minimis and its impact on Temu. de minimis is a government policy that let products worth less than $800 come to the US without paying taxes. 

PDD’s earnings will showcase whether its business continues to grow. The most recent earnings showed that its fourth-quarter revenue rose by 24% to $15.15 billion, while its operating profit rose by 14% to $3.5 billion. 

The annual revenue jumped by 59% to $27 billion, helped by the strong growth of Temu, a company that is known for cheap stuff. 

PDD has one of the best balance sheets in Corporate China. It ended the year with over $56 billion in current assets, with $7.9 billion being cash and cash equivalents and $37 billion being short-term investments. It also has $9.7 billion in restricted cash. 

Wall Street analysts anticipate the numbers to show that its revenue rose by 18.7% to 103.1 billion CNY and its earnings per share to be CNY 18.96.

Li Auto (LI)

Li Auto is another top Chinese EV stocks to watch this week as the EV company publishes its financial results. These numbers come as the stock has jumped by over 50% from the lowest point this year.

Analysts anticipate the results to show that Li Auto’s revenue dropped slightly in the first quarter to CNY 25 billion. The earnings per share is also expected to fall from CNY 1.21 to CNY 0.64. 

Li Auto will then resume its growth, with analysts expecting its annual revenue to be CNY 169 billion, up by 17.2% from last year. 

Recent results numbers showed that its deliveries are still growing. It delivered 33,939 vehicles in April, up by 31% from the same period last year. Its March deliveries were 36,674. 

Analysts are largely bullish on the Li Auto stock price, with the average target of $33.77, up from the current $28.9. 

The post Top Chinese stocks to watch this week: PDD, Li Auto, Ehang appeared first on Invezz

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In Business

Trump clears Nippon merger with U.S. Steel

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President Donald Trump on Friday cleared the merger of U.S. Steel and Nippon Steel, after the Japanese steelmaker’s previous bid to acquire its U.S. rival had been blocked on national security grounds.

“This will be a planned partnership between United States Steel and Nippon Steel, which will create at least 70,000 jobs, and add $14 Billion Dollars to the U.S. Economy,” Trump said in a post on his social media platform Truth Social.

U.S. Steel’s headquarters will remain in Pittsburgh and the bulk of the investment will take place over the next 14 months, the president said. U.S. Steel shares surged more than 20% to close at $52.01 per share after Trump’s announcement.

Pennsylvania Gov. Josh Shapiro applauded the agreement, saying he worked with local, state and federal leaders ‘to press for the best deal to keep U.S. Steel headquartered in Pittsburgh, protect union jobs, and secure the future of steelmaking in Western Pennsylvania.’

In his own statement, Lieutenant Gov. Austin Davis called the announcement ‘promising,’ but added: ‘I want to make sure everyone involved in the deal holds up their end of the bargain. I look forward to seeing the promised investments become a reality and the workers receive everything they’ve fought for.’

President Joe Biden blocked Nippon Steel from purchasing U.S. Steel for $14.9 billion in January, citing national security concerns. Biden said at the time that the acquisition would create a risk to supply chains that are critical for the U.S.

Trump, however, ordered a new review of the proposed acquisition in April, directing the Committee on Foreign Investment in the United States to determine “whether further action in this matter may be appropriate.”

Trump said he would hold a rally at U.S. Steel in Pittsburgh on May 30.

This post appeared first on NBC NEWS

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In Politics

WATCH: GOP senators rail against staggering $4.7 trillion in untraceable Treasury payments

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Earlier this year, Elon Musk’s Department of Government Efficiency (DOGE) uncovered $4.7 trillion in untraceable Treasury Department payments. 

Prior to the discovery, Treasury Account Symbol (TAS) identification codes were optional for $4.7 trillion in Treasury Department payments, so they were often left blank and were untraceable. The field is now required to increase ‘insight into where the money is actually going,’ the Treasury Department and DOGE announced in February. 

‘Of the 1.5 billion payments that we send out every year, they are required to have a TAS, a Treasury Account Symbol. We discovered that more than one third of those payments did not have a TAS number,’ Treasury Secretary Scott Bessent said before the House Appropriations Subcommittee on Financial Services and General Government earlier this month. 

Fox News Digital asked Republican senators on Capitol Hill to respond to the approximately 500,000 in untraceable payments made by the Treasury Department each year. 

‘I’m not surprised at all, unfortunately,’ Sen. Roger Marshall, R-Kansas, said before adding, ‘They were leaving complete fields undone when they were filling out their financials, so this is a common theme. I’m not surprised.’

Sen. Eric Schmitt, R-Missouri, called for an investigation into where those payments actually went. 

‘There’s so much waste. There’s so much fraud, There’s so much abuse in our government,’ Schmitt told Fox News Digital. ‘I’m glad there was a laser-like focus on it. We ought to make many of those reforms permanent, but there probably ought to be some investigations here about where this money actually went. I mean this is taxpayer money. People work hard.’

After DOGE and the Treasury Department uncovered $4.7 trillion in untraceable funds, Marshall and Sen. Rick Scott of Florida introduced a bill in March requiring the Treasury Department to track all payments. 

The Locating Every Disbursement in Government Expenditure Records (LEDGER) Act seeks to increase transparency in how the Treasury Department spends taxpayer money. 

‘When you hear about this story that they didn’t know where the money was going, it makes you mad because this is somebody’s money, this is taxpayers’ money when we have almost $37 trillion in debt, so this makes no sense at all,’ Scott said. 

The Congressional Budget projects that interest payments on America’s national debt will total $952 billion in fiscal year 2025. That’s $102 billion more than the United States’ defense budget at $850 billion. 

‘We paid out more last year on our debt, $36 trillion in debt, with $950 billion in interest going to bondholders all over the world, including in China. That $950 billion didn’t go to build a bridge or an F-35. We paid more on the interest on debt than we did to fund our military,’ said Sen. Dan Sullivan, R-Alaska. 

‘That is an inflection point that when most countries hit, you look at history, that’s when great powers start to decline. So we have to get those savings.’

This post appeared first on FOX NEWS

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