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On April 24th, He Xiaopeng, Chairman of XPeng Group (09868.HK), revealed that the company is in talks with overseas automakers regarding potential collaborations, hoping to commercialize its driver assistance technology globally and expand its production scale outside of China. He Xiaopeng stated that the companys advanced driving system has attracted the attention of domestic automakers, parts suppliers, and European companies. Furthermore, XPeng Motors stated that overseas demand for its vehicles has exceeded expectations, particularly in France and Germany, where sales have surpassed local production capacity. The company plans to expand its overseas production scale starting in 2026, including upgrading existing factories and building new ones, with Europe, Southeast Asia, and Latin America all under consideration.On April 24th, the preview version of DeepSeek-V4 was released and open-sourced simultaneously, including DeepSeek-V4-Pro and DeepSeek-V4-Flash. According to the official DeepSeek documentation, DeepSeek V4 has simultaneously validated its fine-grained expert parallel (EP) solution on NVIDIA GPUs and Huawei Ascend NPUs. Furthermore, the official API page mentions that due to limitations in high-end computing power, the service throughput of the V4-Pro model is currently limited. It is expected that the price of Pro will drop significantly after the Ascend 950 supernode becomes available in large quantities in the second half of the year.The UKs seasonally adjusted retail sales figures for March will be released in ten minutes.The South Korean presidential office announced that South Koreas dependence on Middle Eastern crude oil has fallen to 56%, down from 69% previously.Indonesias Energy Minister: Indonesia will import 150 million barrels of crude oil from Russia this year.

Trading Strategies

Just starting out? Begin your trading education with our Foundational Trading Knowledge course. Learn about a variety of markets like foreign exchange, commodities and equities and how they operate. Discover the right trading style for you and get to grips with key trading processes and market psychology.

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