Express News | Caixin Securities: Battery production and sales continue to grow steadily
The US announced additional tariffs on Chinese products such as lithium batteries. People in the industry chain: North America does not account for a large share of the export market
The US announced that it will impose tariffs on electric vehicles and other Chinese goods. In response, many industry insiders said that the actual impact of the policy on China's lithium battery industry chain is small.
Overview of the Hong Kong market | Science index rose slightly by 0.57%; domestic housing stocks and coal stocks fell, Agile fell nearly 13%, and Yankuang Energy fell more than 7%
Many shares of TechNet rose; Bilibili rose nearly 5%, and Xiaomi rose more than 3%; auto stocks rose one after another; Great Wall Motor rose more than 7%, and Zero Sports Auto rose nearly 7%.
Intraday Overview | Tech Index rose more than 1%, and TechNet stocks were trending strongly. Bilibili rose more than 6%; Tencent Music rose more than 9% after its performance
Technology Network stocks rose collectively, with Bilibili up more than 6%, Kuaishou and Xiaomi Group up more than 3%; auto stocks improved, Great Wall Motor rose more than 7%, NIO rose nearly 6%, and Zero Sports Auto rose nearly 5%.
Express News | Guotai Junan: The performance of BYD shares (01211.HK) is in line with expectations, high-end and overseas efforts go hand in hand
Intraday quick overview | The Science Index rose more than 1% to reach the 4,000 mark; port transport stocks were strong, and COSCO Marine Control rose more than 6%
Water stocks soared across the board. China Water Services rose more than 9%, Beijing Water Group rose more than 8%; high-speed rail infrastructure stocks collectively rallied, CRRC rose more than 9%, and Times Electric rose nearly 7%.
Express News | Hong Kong's Hang Seng Technology Index reached the 4,000 mark, rising more than 1% during the day, and BYD Electronics rose more than 5% to lead the component stocks.
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.
This week's bullish stocks in Hong Kong | High-dividend stocks are sought after! China's foreign transport week rose by more than 23%, and China's building materials rose by more than 17%
In terms of individual stocks, net revenue from Q1 products increased by nearly 40% year on year, and Zaiding Pharmaceutical soared more than 26% this week; pre-sale of new iPad products began! The Apple concept stock, BYD shares surged nearly 20% this week.
Changes in Hong Kong stocks | Apple concept stocks continue to rise, and the launch of the pre-sale supply chain of new Apple iPad products will benefit from double-digit growth in iPad production
Apple concept stocks continued their gains. As of press release, BYD Electronics (00285) rose 3.91% to HK$33.25; Qiu Tai Technology (01478) rose 2.96% to HK$3.82; Tongda Group (00698) rose 2.41% to HK$0.085; and Goldway Electronics (01415) rose 0.21% to HK$18.98.
A quick look at the Hong Kong market | The three major indices rose sharply, and the Tech Index rose nearly 2%; TechNet stocks and Apple concept stocks improved, Meituan rose nearly 4%, and BYD Electronics rose more than 9%
Domestic housing stocks were popular. Shimao Group rose more than 33%, and Sunac China rose 10%; beer stocks rose by many stocks, China Resources Beer rose nearly 5%, and Budweiser Asia Pacific rose 4%.
BYD's Sodium Battery Joint Venture Formed
The joint venture is 51 percent owned by BYD's battery unit FinDreams, with local conglomerate Huaihai holding the remaining 49 percent. The post BYD's sodium battery joint venture formed appeared first on CnEVPost. For more articles, please visit CnEVPost.
Direct impact of changes | Apple concept stocks rose in early trading. Pre-sale of new Apple iPad products began today, and the number of e-commerce platform reservations exceeded 30,000
Apple concept stocks were higher in early trading. As of press release, BYD Electronics (00285) rose 8.36% to HK$31.75; Qiu Titanium Technology (01478) rose 4% to HK$3.64; and Sunyu Optical Technology (02382) rose 3.08% to HK$41.9.
Reduce simply expand production capacity! Lithium battery “supply-side reform” is here, who is next?
① The Ministry of Industry and Information Technology publicly solicits opinions on the regulations and administrative measures for the lithium battery industry and announcements (draft for comments). ② Regarding “reducing and simply expanding production capacity”, it has attracted attention in the industry chain. In fact, the first edition was released as early as 2015, there are relevant requirements; ③ Compared with the old version, there are more detailed index requirements for the performance of battery products, and the battery energy density requirements have increased markedly.
After the sharp rise, how do you understand the value of Hong Kong stocks in asset allocation, and how will the market develop in the future?
In the short term, the rise in Hong Kong stocks will rely more on improved risk appetite, and there is still some room for improvement in the Hang Seng Index's forward PE.
BYD to Launch Sea Lion 07 on May 10
The price range for BYD's Sea Lion 07 BEV will be RMB 200,000 ($27,700) to RMB 260,000, an executive said last year. The post BYD to launch Sea Lion 07 on May 10 appeared first on CnEVPost. For more articles, please visit CnEVPost.
A quick look at the Hong Kong market | Most of Kewang stocks and domestic housing stocks declined. Xiaomi reversed the market and rose more than 6%, and Vanke fell nearly 7%
Most auto stocks declined; Xiaopeng fell more than 6%, ideally nearly 5%; coal stocks improved, China Coal Energy rose nearly 5%, and Yankuang Energy rose more than 4%; large financial stocks weakened, and CICC Securities, and Ping An of China fell about 4%.
Ministry of Industry and Information Technology Seeks Comments: It is intended to guide lithium battery companies to reduce manufacturing projects that simply expand production capacity
The draft for solicitation of comments mentions guiding enterprises to reduce manufacturing projects that simply expand production capacity, strengthen technological innovation, improve product quality, and reduce production costs.
Express News | The Ministry of Industry and Information Technology publicly solicits opinions on the regulatory conditions and administrative measures for the lithium battery industry (draft for comments)
Guolian Securities: The lithium battery equipment industry is expected to usher in a boom after the domestic market is phased out
Guolian Securities believes that it is currently at the bottom of the main lithium battery industry chain. After experiencing this round of industry adjustments, advanced production capacity in the market is still insufficient, and against the backdrop of continued growth in terminal demand, leading domestic lithium battery companies may restart and expand production in order to consolidate their market share.
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