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
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%.
Hong Kong auto stocks were collectively active. Evergrande Motor rose more than 15%, Zero Sports Auto rose more than 7%, NIO Auto and Xiaopeng Motors rose more than 4%, and Geely Auto rose more than 3%.
Hong Kong auto stocks were collectively active. Evergrande Motor rose more than 15%, Zero Sports Auto rose more than 7%, NIO Auto and Xiaopeng Motors rose more than 4%, and Geely Auto rose more than 3%.
Hong Kong auto stocks were collectively active, Evergrande Auto (00708.HK) rose more than 15%, and Zero Sports (09863.HK) rose more than 7%, NIO Auto (09866.HK) and Xiaopeng (09868.HK) rose more than 4%, Geely Auto (00175.HK) rose more than 3%.
Hong Kong auto stocks were collectively active, Evergrande Auto (00708.HK) rose more than 15%, and Zero Sports (09863.HK) rose more than 7%, NIO Auto (09866.HK) and Xiaopeng (09868.HK) rose more than 4%, Geely Auto (00175.HK) rose more than 3%.
Li Qiang: The NEV market in China and the world continues to grow, and there is huge room for demand
① Li Qiang said that China's intelligent connected NEVs have formed a leading edge in market competition and open cooperation, and efforts must continue to be made to maintain and develop their advantages; ② Li Qiang stressed that the current NEV market in China and the global market continues to grow.
How much can NEV stocks benefit from trade-in to inject strength into the automobile market?
The trade-in subsidy is stronger than the previous policy concessions, and the effect of driving sales will exceed expectations!
Express News | CITIC Securities: “Trade-in” subsidy implemented to recommend the oversized car sector
Express News | Beijing supports car scrapping and renewal with a maximum subsidy of 10,000 yuan
Express News | Passenger Federation: The wholesale volume of passenger cars in March was 2.195,000 units, showing double-digit year-on-year and month-on-month increases
Express News | Musk says he is happy to see China's trams making progress
Express News | Comprehensively moving towards “artificial intelligence+”, the first domestic standard for large automobile models released
China Offers Incentives to Boost Old Car Replacements, Analysts Expect up to 2 Million Additional Sales
China has issued policy details encouraging consumers to trade in old cars for new ones, starting to offer subsidies of up to RMB 10,000 ($1,380), effective by the end of the year.
Cui Dongshu: The release of implementation rules on car trade-in subsidies is a major benefit for the car market
On April 27, Cui Dongshu, Secretary General of the Passenger Transport Association, published an article stating that since the Spring Festival, consumers have been concerned about the trade-in policy and expect the policy to bring benefits to car purchases, so the implementation of the policy is a major benefit to the car market.
Express News | Seven departments: Automobile trade-in subsidy funds are shared by the central finance and local finance in an overall ratio of 6:4
Express News | Seven departments including the Ministry of Commerce and the Ministry of Finance: The “Rules” clarify the subsidy application process. Individual consumers who wish to apply for a car trade-in subsidy should fill in the application materials by logging on
Express News | Seven departments including the Ministry of Commerce and the Ministry of Finance jointly issued the “Automobile Trade-In Subsidies Implementation Rules” with a maximum subsidy of 10,000 yuan
The popularity of auto shows led to a rebound in Hong Kong auto stocks. Agencies expect the sales growth rate of new energy vehicles to still exceed 30% in April
① The popularity of auto shows has led to a rebound in Hong Kong auto stocks. Which individual stocks are the most active? ② The agency expects the sales growth rate of new energy vehicles to exceed 30% in April. How will the industry sentiment change?
Express News | Netizens reported that new energy vehicles are difficult to charge on highways, high fees, etc., and the National Energy Administration responded
CPCA Expects China's NEV Retail Sales at 720,000 in Apr, Flat From Mar
Price wars intensified in China's auto market in April, with overall discounts slightly higher than in March, the CPCA said.
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