Huachuang Securities: June auto exports surpassed expectations again, with new energy vehicle penetration rate reaching a new record high.
Overseas expansion of electric vehicles is creating new growth opportunities and financial statement support for automakers, with industry exports expected to continue outperforming expectations.
Express News | The '15th Five-Year Plan for Expanding Consumption' outlines 28 key tasks and measures to boost consumption during the 15th Five-Year Plan period.
Express News | ByteDance is exploring the autonomous driving field, with the project currently led by Zhou Chang's World Model team under Seed.
VW China Chief Confirms ID. UNYX 09 Electric Sedan Co-developed With Xpeng Coming in H2
Goldman Sachs: Chinese equities show 'rotation signals,' with A-share hard-tech stocks still favored and H-share internet firms seeing earnings recovery.
Goldman Sachs’ latest China strategy maintains its tactical preference for A-shares over H-shares and hard tech over soft tech, but has started paying attention to the recovery potential of large-cap H-share internet stocks following their valuation adjustments. The key to sustained H-share rebounds lies not in valuations but in earnings: losses from internet subsidies and AI-related capital expenditures continue to weigh on profits. China’s AI sector as a whole is not viewed as a bubble, though signs of localized overheating have emerged in semiconductors and certain A-share hard tech segments.
Xpeng Sets Mona L03 Munich Launch Time as Global Push Widens