Over 1,700 people attended! After being in charge of Maotai Group Shuai Yin for 30 days, “new coach” Zhang Deqin responded to these questions at the company's shareholders' meeting | Direct access to the shareholders' meeting
① Zhang Deqin did not give a clear answer to the shareholders' biggest concern about increasing dividends; he only stated that the interests of the majority state-owned shareholders and Maotai's small and medium shareholders were the same; ② After taking office as Chairman of Maotai, Zhang Deqin said that competition between Xi Jiu and Maotai will intensify in the future; ③ In response to the price increase issue, Zhang Deqin said that to comprehensively consider the consumer environment and market sustainability, the company will carefully study and carefully investigate to make a judgment.
Northbound Capital Purchase Report: Zijin Mining received a net purchase of 220 million yuan
Northbound Capital made a significant net purchase of 3.399 billion yuan today.
Wall Street wants to launch the general version of “Mag 7” — “Lucky 8”
The Lucky Eight ETF's trading code is “LCKY”. The initial constituent stocks include Tencent, Alibaba, Meituan, BYD, Xiaomi, Pinduoduo, JD, and Baidu. It is expected to be listed this summer.
Northbound Capital Purchase Report: Ningde Era received a net purchase of 427 million yuan
Northbound Capital made a significant net purchase of 2,748 billion yuan today.
Follow up with 30 days and press the “fast forward button” on the “trade-in” policy for cars with a maximum subsidy of over 10,000 yuan
① The maximum “trade-in” or “scrap exchange” bicycle subsidy in Jiangxi Province, Yunnan Province, Henan Province, Beijing, Shanghai, Ningxia and other places is 10,000 yuan, and individual consumers in Inner Mongolia can waste and replace new energy passenger vehicles up to 12,000 yuan/vehicle. ② According to Cui Dongshu, Secretary General of the Passenger Federation, although the “trade-in” policy brought about wait-and-see sentiment among consumers in the early stages, it can still be expected to boost the car market.
Opinion | Are domestic car companies really ready for FSD's combat readiness inspection before entering China?
The second half of the NEV reshuffle kicks off
【数据看盘】北向资金连续6日加仓长江电力 IC、IM期指多头大幅加仓
①今日盘中再创历史新高的长江电力获北向资金净买入超5亿,该股已连续6个交易日获净买入。 ②IC主力合约多头加仓超千手,空头小幅减仓;IM主力合约多头加仓超4000手,加仓数量明显大于空头。
Cui Dongshu: Exports of 207,000 new energy vehicles increased 58% year-on-year in April
In April 2024, China achieved exports of 556,000 units, a growth rate of 31% compared with April 2023 and a 13% increase over the previous month. The trend is very good.
The chairman and president of Societe Generale Consumer Finance were in place at the same time. Like the previous one, they all came from the parent bank Societe Generale Bank. Executives of at least 8 consumer finance companies changed during the year
① Societe Generale Consumer Finance announced changes in the legal representative and president of the company. This is also the first time that it has changed its chairman since its establishment in 2014; ② Societe Generale Consumer Finance's first chairman Zheng Haiqing and CEO Lin Chun all came from Societe Generale Bank. Chairman Dai Xuxian and CEO Liu Qinghua continue this tradition; ③ In the first half of this year, at least 8 consumer finance companies experienced executive changes, 7 of which were banking companies.
Tesla Killer Lands In Europe: BYD's Seagull EV Poised To Disrupt With Sub-$21K Price Tag Even After Tough Tariffs
BYD Co. (OTC:BYDDF), a leading Chinese electric vehicle manufacturer, is set to launch its budget-friendly electric vehicle in Europe, posing a significant challenge to local automakers.
China Ping An's two shareholding plans have re-entered the “buy buy buy” market. The participation capital was reduced by 1 billion dollars compared to previous years, and it is clear that it will buy H shares for the first time
① China Ping An's two shareholding plans have once again entered the market to buy shares. The annual core personnel shareholding plan has already bought more than 157 million yuan, and has now made a profit. ② According to the reporter's statistics, the total amount of share purchase capital participating in the two major plans of Ping An of China during the year decreased by more than 1 billion dollars compared to 2023, which is less than the amount of participation in 2022. ③ However, unlike previous years, which mainly bought shares in the A-share market, Ping An of China plans to buy shares in the H share market this year.
Can banks actually benefit from the “four arrows going hand in hand” in real estate finance? Industry: Both people, real estate, and money are involved, and the impact on asset quality is better than pricing
Xiao Feifei, chief banking analyst at CITIC Securities, believes that in terms of current real estate finance logic, quality is more important than pricing.
Opinions | Analysis of the impact of the Hang Seng Index and Hong Kong Stock Connect adjustments
The scope of this adjustment covers the main flagship indices of Hong Kong stocks, such as the Hang Seng, the State-owned Enterprises Index, and the Hang Seng Technology Index; in addition, there are also partial adjustments to the Hang Seng Composite Index, which directly determines the scope of investment in Hong Kong Stock Connect.
China Automobile Dealers Association: The overall inventory coefficient of car dealers in April was 1.70, up 9.0% month-on-month
The overall inventory coefficient of car dealers in April was 1.70, up 9.0% from the previous month and 12.6% from the previous year. The inventory level was above the warning line, and the pressure on dealers' inventory increased.
Industrial Bank issued another 20 billion second-tier capital bonds in the second quarter, and the bank accelerated the issuance of 2 permanent bonds by more than 314.7 billion yuan
① Since the second quarter of this year, 18 banks have successively issued second-tier capital bonds and perpetual bonds (including proposed issuance), with a total issuance scale of 314.75 billion yuan; ② Since May, the yield on bank capital bonds has diverged. Experts believe that there is still room for strength under the imbalance in the supply and demand structure.
Tesla's Top Rival BYD Reveals Starting Price Of Hybrid Electric Pickup In Mexico Launch — Yes, It's A Lot Cheaper Than The Cybertruck
Chinese electric vehicle giant BYD Co (OTC:BYDDY) (OTC:BYDDF) on Tuesday introduced its new mid-size hybrid-electric pickup truck called the Shark in Mexico and it is way cheaper than rival Tesla Inc's Cybertruck.
Passenger Federation: Retail sales of 241,000 vehicles in the NEV market increased 31% year-on-year from May 1-12
On May 15, the latest data from the Passenger Transport Federation showed that on May 1-12, the NEV market retailed 241,000 vehicles, an increase of 31% over the same period last year, and an increase of 10% over the same period last month.
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.
Vanke continues to lose weight and cancels joint venture with BYD
① The much-publicized joint venture between Vanke and BYD was recently cancelled. ② The cancellation of the joint venture with BYD is viewed by the outside world as Vanke's positive action to continue to slim down and focus on its main business.