BK0924 Passenger Car
- 1996.696
- +0.580+0.03%
"A certain car company is using black PR!" BYD offered a reward of up to 5 million yuan for clues! Within 20 days, 4 car companies were rumored and involved in public opinion?
BYD Company Limited offers a reward of 200,000 to 5,000,000 for collecting information about black PR.
[Data Analysis] Northbound funds have been increasing their holdings of Chongqing Sokon Industry Group Stock for three consecutive days. The activity level of institutional and individual investors has dropped to freezing point.
Among the top ten stocks with the largest transactions of northbound funds, Chongqing Sokon Industry Group Stock received a net purchase of 493 million yuan, ranking first. The stock has received a net purchase for three consecutive trading days. Recently, the activity of institutions and speculative funds has been declining, and no individual stock received a buy order of more than 20 million yuan from first-tier speculative funds today.
Buffett reduces his holdings in BYD by HKD 310 million again! The shareholding ratio has dropped to 6.9%.
As of the closing on June 17th, BYD Company Limited's H shares rose by 1.74%, at HKD 233.4 per share, compared to the low point in February of this year, with a cumulative increase of 41.2%.
[Data Check] Northbound funds greatly reduced BYD holdings, multiple apple supplier stocks were sold by institutions.
BYD, which has been rising continuously in recent times, has been net sold by northbound funds for 502 million yuan, while another auto stock, Chongqing Sokon Industry Group Stock, has been net bought for 516 million yuan. Apple supplier Dongshan Precision Manufacturing, Avary Holding, and Lingyi Itech, which have seen large increases, have all been net sold, with Dongshan Precision Manufacturing being sold by institutions for 200 million yuan.
Selling 13.4 million vehicles! China's auto brands surpassed the United States in global sales for the first time last year. BYD's three models are popular globally.
Jato Dynamics, an institution analyzing auto data, stated in their latest report that Chinese auto brands sold more than American auto brands for the first time last year. Tesla's Model Y, under the Tesla brand, became the best-selling model for the whole year, and this is also the first time a pure electric vehicle took the top spot on the global best-selling car list. At the same time, three models under the BYD Company Limited also made it to the top 25 of the global best-selling car list.
Electric vehicle sales in May: Byd Company Limited is far ahead, Chongqing Sokon Industry Group Stock and Chery have increased significantly year-on-year.
Among the TOP 10 list, the car companies all achieved positive sales growth compared to April; Chongqing Sokon Industry Group Stock and Chery Automobiles increased by 491.3% and 300.2% respectively year-on-year.
Shangshui Smart Science and Technology Innovation Board IPO terminated: plans to raise about 1 billion yuan for Minsheng Securities to sponsor BYD as its major customer and shareholder
① According to the prospectus, in 2020-2022, Shangshui Intelligence's sales to the top five customers were RMB 97 million, RMB 128 million, and RMB 363 million respectively, accounting for 88.31%, 84.49%, and 91.48% of current revenue, respectively. ② During the company's proposed IPO application period, 2 founders and several executives withdrew or left office, indicating that the company's internal control and management were questionable to a certain extent.
Can SAIC outperform BYD and Geely? The competition of heat efficiency is backed by "curling technology" as a trump card for car companies.
SAIC Motor Corporation's engine, which was tested in April last year, has a highest indicated thermal efficiency of 48.1% and an effective thermal efficiency of up to 46.3%. BYD Company Limited has released its fifth-generation DM-i technology, and Chairman Wang Chuanfu stated that the company's engine thermal efficiency has reached 46.06%. In the second half, the competition will begin with a price war, but ultimately it will be decided by the "technology war" and "value war".
Opinion | The car price war starting to cool down?
There has been a decrease in the intensity of automobile price reductions and the number of car models in May.
May's auto market is a tale of two extremes: electric vehicles are thriving while rbob gasoline vehicles are struggling, with sales of over sixty percent of listed car companies increasing year-on-year.
In May, the national passenger vehicle market sold 1.71 million vehicles, a year-on-year decrease of 1.9% and a month-on-month increase of 11.4%. Sales of traditional fuel vehicles that month were 910,000, a year-on-year decrease of 23%. A reporter from Cailian Press compiled statistics on the performance of 14 A/H-listed car companies in May, of which 5 companies experienced a year-on-year decline in sales that month.
China Passenger Car Association: in May, the retail sales of electric vehicles increased by 38.5% year-on-year, and the new product "price war" in the automobile market has cooled down temporarily.
Cui Dongshu, Secretary-General of China Passenger Car Association, said that the "price war" has slowed down since May. The domestic auto market is expected to return to the normal state of being promotion-oriented, and it is unlikely to see situations where prices are easily reduced by 20%.
In May, the retail sales of electric vehicles in the market were 804,000 units, a year-on-year growth of 38.5% according to the China Passenger Car Association.
In May, 804,000 electric vehicles were sold in the market, a YoY increase of 38.5% and a MoM increase of 18.7%.
Is Tesla going to partner with BYD Company Limited this time?
From the rumored power battery to the current energy storage battery, can it be implemented this time?
Sudden! 660 billion NEV leaders release May production and sales report | Highlights of post-market announcements
Qunxing Toys: The actual controller, Wang Sanshou, is cooperating with the Beijing public security authorities to assist in the investigation
Tesla, Ford Hit The Brakes In UK As Warren Buffett-Backed BYD Zooms Ahead With 2500% Jump In Registrations
Chinese automakers are seemingly gaining ground in the United Kingdom as American automakers including EV giant Tesla Inc. (NASDAQ:TSLA) falters.
Science and Technology Innovation Board Evening News | Microguided Nano: Plans to issue convertible bonds to raise no more than 1.17 billion yuan Guangfeng Technology: once again becoming Cyrus's automotive optical solutions supplier
① State Council: Accelerate the promotion of advanced processes such as next-generation ionic membrane electrolyzers; ② Three departments including the Central Network Information Office: Promote the development of computing power infrastructure standards.
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
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.
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.