Nine mainstream automakers have achieved over 80% of their annual sales targets, with Leapmotor, XPeng, and Xiaomi reaching their KPIs ahead of schedule.

①According to statistics compiled by the Cailian News reporter as of November 11, three out of eleven major/domestically listed automakers in China—Leapmotor, XPeng, and Xiaomi—have already achieved their 2025 annual sales targets ahead of schedule. ②The completion rates for Nio and Li Auto are less than 70%, making it unlikely for them to meet their respective initial goals set at the beginning of the year.

cls.cnDec 5 16:41

Seven consecutive months of decline in domestic passenger vehicle sales! Wang Chuanfu: Technological leadership is not what it used to be, and a major technology release is forthcoming.

①Wang Chuanfu, Chairman and President of BYD, stated that due to BYD's current technological leadership being less pronounced than in previous years, the market impact of its technological achievements has diminished, compounded by the growing homogenization within the industry. ②Pain points in user demands, such as slow charging speeds in low temperatures, also urgently need to be addressed through technological breakthroughs. ③In November, BYD's domestic sales reached 343,000 units, marking the seventh consecutive month of year-on-year declines.

cls.cnDec 5 16:05

Related to A-shares! Goldman Sachs: Adjustments to multiple FTSE Russell index constituents will trigger US$850 million in capital flows.

①FTSE Russell announced the review and changes for the FTSE China 50 Index, which will take effect on December 19, 2025; ②Goldman Sachs estimates that this change will trigger over US$850 million in fund flows, with significant passive investment inflows expected for companies in sectors such as metal producers and healthcare.

cls.cnDec 5 11:47

Trump Has Another 'Bright Idea': Approving the Sale of Japan's Beloved National Car in the U.S. Because It's 'Cute'?

① U.S. President Trump proposed to produce and sell Japan's unique compact cars (K-Car) in the United States, and has authorized U.S. Transportation Secretary Sean Duffy to issue an order for approval; ② The K-Car is regarded as a "national favorite" in the Japanese market, but it is unlikely to gain popularity in the U.S. market due to its miniature size, engine power, and design concept being entirely contrary to American consumer preferences.

cls.cnDec 4 18:26

Who is swimming naked as the tide goes out? Goldman Sachs warns: severe oversupply will cause aluminum, lithium, and iron ore prices to plummet by 2026, with only copper prices standing strong.

Since the beginning of this year, driven by macro tailwinds such as expectations of interest rate cuts by the Federal Reserve, the depreciation of the US dollar, and improved growth prospects in China, prices of industrial metals have surged across the board. On Wednesday, copper prices even briefly hit a new all-time high of $11,540 per ton. According to Wind Trading Platform, Goldman Sachs issued a warning in its December 3 report: This tide fueled by speculative sentiment is about to recede, and aside from copper, the industrial metals market is set to face significant oversupply. Copper (Bullish): Although the recent breakout above the historical level of $11,000 per ton is unsustainable, copper remains Goldman Sachs' "metal of choice." This is due to demand from power grids and AI infrastructure.

wallstreetcnDec 4 14:36

Year-end vehicle market orders see 'frenzied rush': Automakers ramp up promotional policies, nearly 20 brands offer purchase tax 'guarantees'.

As 2025 draws to a close and 2026 approaches, the domestic auto market is witnessing a wave of 'order-grabbing' enthusiasm driven by factors such as adjustments to purchase tax policies and the early release of orders for next year.

cls.cnDec 4 14:33