000008 SSE Conglomerates Index
- 2704.44
- -16.58-0.61%
A wave of chairman resignations? Overnight, 5 listed companies announced one after another!
① According to the announcement, 6 senior board chairman-level officials announced their resignation on the evening of May 14, involving 5 listed companies. ② Among them, Shanghai Jiahua Pan Qiusheng and Wu Jin Stainless Zhu Guoliang all had their original terms due to expire this year.
Cui Dongshu: Domestic retail penetration rate of new energy vehicles was 43.7% in April, an increase of 12 percentage points over the same period last year
On May 14, Cui Dongshu, Secretary General of the Passenger Transport Association, published an article stating that the domestic retail penetration rate of new energy vehicles in April was 43.7%, an increase of 12 percentage points over the 32% penetration rate in the same period last year. In April, the penetration rate of new energy vehicles among independent brands was 66.8%; the penetration rate of new energy vehicles among luxury cars was 22.6%; while the penetration rate of new energy vehicles in mainstream joint venture brands was only 7.5%. In April, retail sales of traditional cars fell 22% year on year, while retail sales of new energy vehicles rose 28% year on year, all under high pressure.
Qunzhi Consulting: The penetration rate of own-brand cars in mainland China exceeded 60% for the first time in the first quarter
According to data from Qunzhi Consulting, the penetration rate of own-brand vehicles (IBV for short) in mainland China exceeded 60% for the first time in 2024Q1.
Salary cuts to sole proprietors? Huaxia Bank plans to adjust the directors' allowance standards. The sole director's income or “sharp rise and fall”, the reduction is about 9%
① Huaxia Bank's bill on the adjustment of directors' allowance standards attracted market attention. Due to changes in calculation rules, the bank's sole manager's allowance will probably drop to a certain extent from the level in the previous year's financial report. ② The new directors' allowance standard is 355,000 yuan/person/year. According to the 2023 financial report, Huaxia Bank's sole director's salary is generally around 390,000 yuan. Based on this initial calculation, the sole director's allowance was reduced by about 9%.
Cui Dongshu: In January-April, the growth rate of passenger cars was relatively good, the commercial vehicle trend was relatively stable, and the main car groups all performed well
Recently, passenger car exports have contributed greatly, and the overall automobile market continues to strengthen, and is expected to reach a record high throughout the year.
The situation in the Red Sea is driving up freight rates, and the stock price of oil transportation stocks has also gone up high and high, but Yuanhai Energy's management is now “reducing its holdings at a high level”?
① COSCO Haineng's stock price reached a new high during the year. Tonight it was announced that Zhu Maijin and three other directors and executives plan to concentrate on bidding to reduce their holdings; ② Currently, due to the situation in the Red Sea, oil freight rates are at a high level. As of May 10, VLCC TD3C TCE reached 5,1005 US dollars/day.
Sales differentiation among NEV companies intensified in April: Cyrus surged 700% year on year, Tesla fell month-on-month
① Geely and Changan both showed significant year-on-year growth. The former had a year-on-year increase of 76.3%, and the latter doubled; ② Cyrus had a particularly significant year-on-year increase of 725.7%; ③ Tesla's retail sales volume in April was 31,421 vehicles, down 21.4% year on year, down 21.4% year on month; ④ The most obvious year-on-year decline was GAC Aian, which fell 36.3% year on year to 26,109 vehicles.
Price increases combined with negotiations broke down, and European shipping continued to reach record highs! Hong Kong A shipping stocks have surged one after another
Various futures contracts soared.
崔东树：全国乘用车市场价格段销量结构走势持续上行
5月12日，崔东树发布乘用车价格段市场结构分析。
Strong inflow of foreign capital is another trend vane: Middle Eastern tycoons increase their presence in China, and multinational sovereign wealth funds continue to lay out A-shares
① The Abu Dhabi Investment Authority and the Kuwait Investment Authority held a large number of A-share listed companies in the first quarter; ② the Middle East Sovereign Fund also stepped up research on A-shares ③ Other overseas sovereign wealth funds are increasing their layout in the Chinese market.
Institutions | The five most important issues in Hong Kong stocks
Looking ahead to the future market, we believe that the current round of gains in Hong Kong stocks is expected to continue, with the Hang Seng Technology Index gradually switching to a high-dividend sector. In the future, the pricing power for southbound capital is expected to increase dramatically, replacing the style where foreign capital dominates Hong Kong stocks. The main allocation of Hong Kong stocks this year is still the dividend sector, and the Science Network sector can focus on leading stocks that are improving.
Xiaomi won the April car market traffic
The discount rate in the automobile market has reached a new high, yet inventory pressure has not decreased.
Intraday Overview | Hong Kong stock trends diverge, high dividend concept carnival; domestic housing stocks skyrocketed, Shimao Group rose more than 50%
The Hong Kong Stock Exchange rose more than 6%. Reports say Hong Kong Stock Connect's dividend tax may be reduced, and the listing of Saudi companies in Hong Kong is just around the corner.
BMW CEO warns that the EU's imposition of tariffs on Chinese electric vehicles is to “take a stone and hit yourself in the foot”
① Under von der Leyen's strong impetus, the EU will decide whether to impose additional tariffs on Chinese electric vehicles during the year; ② The BMW CEO warned that implementing the tariff policy could be counterproductive and endanger Europe's green transformation.
GAC Group April 2024 Production and Sales Report
First quarter losses expand British software: new versions of various products will be launched in the third quarter|Direct performance report
① Regarding the increase in losses in the first quarter of 2024, Hu Junqing, chairman and general manager of British Software, said that R&D expenses and sales expenses for the first quarter increased by 27.41% and 22.46% respectively compared to the same period last year, leading to a decline in profits during the same period; ② Hu Junqing told the “Science and Technology Innovation Board Daily” reporter that the new distributed cluster backup platform is progressing steadily, and the new version is expected to be launched in the third quarter of this year.
There are also banks that “take action” on large deposit slips! Minsheng Bank suspends sales of large deposit certificates with a term of half a year or more, and bank pressure drops and high-cost deposit products continues
① Since May 7, Minsheng Bank has stopped selling large deposit certificate products with a term of half a year or more. Interest rates on specialty deposit products with a term of three or five years have exceeded 5BP for large deposit certificates. ② Experts pointed out that the purpose of banks suspending the sale of long-term large deposit certificates is to ease the pressure of narrowing net interest spreads by reducing long-term high-interest debt and reducing debt-side costs. But at the same time, the difficulty of collecting savings will also increase, and banks will need to explore more diversified savings channels.
Are exclusive varieties of traditional Chinese medicine being reduced by Bu Chang Xinxin Online to be included in medical insurance fee control?
① Exclusive medical insurance price adjustments such as Brain Mind, Compound Salvia Drops, Dengzhan Xixin Injection, etc. Are exclusive varieties of traditional Chinese medicine also beginning to be covered by medical insurance fee control? ② Some experts said that as the product patent protection period is approaching, pharmaceutical companies may take the initiative to lower product prices to guarantee an advantageous competitive position in the market to prevent generic drugs from competing for the market after the patent expires.
Within two days, the three cities made a statement to push driverless cars to launch intelligent connected vehicles in many places to “run” throughout the city
Local governments are taking action to let more “smart cars” drive on the “smart road.” On May 7, the Shenzhen Municipal Transportation Bureau officially released the “Shenzhen Intelligent Connected Vehicle Road Test and Demonstration Application Sixth Batch Open Road Catalogue”. A total of 43 roads were opened this time, with a total mileage of about 106.01 kilometers.
Chinese assets explode! The Hang Seng Index has risen ten times in a row, and China's Golden Dragon Index has been rising nearly 15% in two weeks. What do you think of the future market?
More and more global capital is looking at Chinese assets.