Hong Kong auto stocks continued to strengthen. NIO Auto rose more than 20%, Zero Sports Auto rose more than 10%, Xiaopeng Motor rose more than 5%, BYD shares rose more than 3%, and Geely Automobile rose more than 2%.
Hong Kong auto stocks continued to strengthen. NIO Auto rose more than 20%, Zero Sports Auto rose more than 10%, Xiaopeng Motor rose more than 5%, BYD shares rose more than 3%, and Geely Automobile rose more than 2%.
Under multiple pressures, the performance of new car builders in April was very different: ideally to respond with price cuts, NIO surged year-on-year
① Ideal completed the delivery of 25,787 vehicles in April, a slight increase of 0.4% year-on-year and a decrease of 11.03% month-on-month. ② NIO Auto delivered 15,620 vehicles in April, up 134.6% year on year. Since the beginning of April, NIO Auto's price reduction strategy has been showing results. ③ Zero Sports delivered 1,5005 vehicles in April, a year-on-year increase of 71.96%.
Geely Automobile Sales Rise 39% in April
Geely Automobile Holdings (HKG:0175) sold 153,267 units in March, about a 39% increase from the year-ago's 110,013 unit sales, according to a Wednesday filing with the Hong Kong bourse. The company ha
Tram delivery “Super Smash” in April: NIO is booming, Xiaopeng is left behind, and the Xiaomi SU7 delivered over 7,000 vehicles in the first month
On the first day of the May 1st holiday, domestic electric vehicle companies' delivery reports were released one after another!
Hong Kong Stock Announces Nuggets | Geely Auto's total sales volume in April was 153,300 cars, Xiaomi Group-W has delivered 7058 Xiaomi SU7 series cars
BYD Co., Ltd. sold about 313,200 new energy vehicles in April, up 48.96% year on year; Xiaomi Group-W: By the end of April, 881,000 confirmed orders had been received and 7058 Xiaomi SU7 series cars had been delivered
The latest statement from the National Development and Reform Commission! Talking about the economic situation, new energy vehicles...
GDP grew 5.3% year on year in the first quarter, 0.1 and 0.8 percentage points higher than the previous quarter and the same period last year, respectively.
Express News | Geely sold 153,267 vehicles in April, up 39% year on year, and sold 30,892 pure electric vehicles, up 16% year on year.
Express News | Passenger Federation Cui Dongshu: The domestic new energy landscape changes drastically in 2024, and the leading effect is becoming more and more obvious
Li Shufu ushered in his 9th IPO! Cao Cao Chuxing submitted a prospectus for Hong Kong stocks
① During the reporting period, Cao Cao Chuxing lost 0.07 billion yuan, 2.07 billion yuan, and 1,981 billion yuan respectively, with a total loss of 7 billion yuan over 3 years; ② Cao Cao Chuxing was interviewed many times. In January and April of this year, the Shanghai Consumer Insurance Commission and the Zhejiang Consumer Insurance Commission named Cao Cao to travel; ③ From traditional car companies to new energy vehicles, to smart cabins and intelligent driving, Li Shufu has built a huge “empire” of new energy vehicles.
Express News | National Development and Reform Commission: Promoting the development and growth of key NEV enterprises and accelerating the withdrawal of backward enterprises and production capacity
Express News | Geely Galaxy Technology's flagship SUV Galaxy Starship released
China's New Energy Sector Full of Dynamism
BEIJING - Some Western countries accuse China of "overcapacity" in its new energy sector. However, facts and figures prove such a narrative groundless and false.
Express News | Shanghai: Encourage banking institutions to appropriately reduce the down payment ratio for car loans and reasonably determine loan terms and credit lines
Renault Holds Talks With Li Auto, Xiaomi on Electric, Intelligent Car Technologies
Renault held talks with Li Auto (HKG:2015) and Xiaomi (HKG:1810) on the development of electric and intelligent vehicle technologies, the French carmaker said in its post on LinkedIn. Renault's Chief
Express News | People's Daily Heyin: The advantages of China's new energy industry are obtained through real skills
Express News | CITIC Construction Investment: Vehicle trade-in rules will drive demand for new car purchases and is expected to reach 2.58 million units
Express News | Ministry of Industry and Information Technology: Documents such as the Management Measures for the Comprehensive Utilization of New Energy Vehicle Power Batteries are being studied and drafted as soon as possible
The automotive sector is once again strengthening, and the joint efforts of the central government, local authorities, and enterprises are expected to drive an increase of 1 to 2 million new cars
Combined with factors such as the intense hosting of the Beijing Auto Show and the successive introduction of “trade-in” policies and rules by local authorities and companies, the market closed on April 29, and related sectors, including complete vehicles, car dismantling, and auto parts, once again strengthened collectively. Among them, stimulated by the continuous introduction of local automobile consumption policies, Hong Kong stocks such as Zero Run, NIO, and Ideal generally rose; among A-shares, Zotye Auto had the highest increase, reaching 6.67%, and at one point it was close to a standstill in the intraday period.
Express News | Guoxuan Hi-Tech: Geely is expected to supply more than 400,000 new energy vehicle battery products by 2024
Hong Kong Market Overview | The Hang Seng Index has risen six times in a row! Domestic housing stocks strengthened across the board, and Shimao Group soared more than 60%
Auto stocks improved. Evergrande Auto rose nearly 12%, and Zero Run rose more than 8%; big financial stocks generally rose, AIA Insurance rose more than 6%, and the Bank of China rose nearly 5%.
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