BK1264 Stall Economy
- 1073.499
- +14.470+1.37%
Under multiple pressures, the performance of new car builders in April was very different: ideally to respond with price cuts, NIO surged year-on-year
① Ideal completed the delivery of 25,787 vehicles in April, a slight increase of 0.4% year-on-year and a decrease of 11.03% month-on-month. ② NIO Auto delivered 15,620 vehicles in April, up 134.6% year on year. Since the beginning of April, NIO Auto's price reduction strategy has been showing results. ③ Zero Sports delivered 1,5005 vehicles in April, a year-on-year increase of 71.96%.
The latest statement from the National Development and Reform Commission! Talking about the economic situation, new energy vehicles...
GDP grew 5.3% year on year in the first quarter, 0.1 and 0.8 percentage points higher than the previous quarter and the same period last year, respectively.
Zhitong Hong Kong Stock Connect Shareholding Analysis|May 1
According to data disclosed on April 30, 2024, Marco Digital Technology (01942.HK), Shandong Molong (00568.HK), and Kaisheng Xinneng (01108.HK) ranked in the top 3 shares of Hong Kong Stock Connect, with 68.10%, 66.93%, and 64.41% respectively. In addition, Bank of China (03988.HK), Hong Kong Stock Exchange (00388.HK), and Kuaishou-W (01024.HK) saw the biggest increases in shareholding during the five recent trading days, with statistics of +2,423 billion yuan, +1,408 billion yuan, and +926 million yuan, respectively
Tsingtao Brewery's 2Q-3Q Net Profit Growth Likely to Be Strong -- Market Talk
0800 GMT - Tsingtao Brewery's 2Q-3Q net profit growth is likely to be strong, thanks to an easing comparison base and a faster increase in its average selling prices, Daiwa Capital Markets analysts sa
Tsingtao Brewery Target Price Raised to HK$75.00 From HK$71.00 by Daiwa Capital Markets >0168.HK
Tsingtao Brewery Target Price Raised to HK$75.00 From HK$71.00 by Daiwa Capital Markets >0168.HK
Bank of America Securities: Maintaining Tsingtao Brewery's (00168.HK) “Buy” Rating Target Price of HK$75
Bank of America Securities released a research report stating that it maintains the “buy” rating of Tsingtao Brewery Co., Ltd. (00168.HK) with a target price of HK$75. The company's revenue for the first quarter fell 5.2% year on year, slightly lower than market expectations, but profit after tax and core profit after tax rose 10.1% and 12% year over year, both exceeding market expectations for medium to high unit growth. The bank believes that strong profits are benefiting from lower raw material costs and quarterly fluctuations in sales expenses.
China's New Energy Sector Full of Dynamism
BEIJING - Some Western countries accuse China of "overcapacity" in its new energy sector. However, facts and figures prove such a narrative groundless and false.
Express News | Shanghai: Encourage banking institutions to appropriately reduce the down payment ratio for car loans and reasonably determine loan terms and credit lines
Hong Kong A change丨Chongqing Brewery and Tsingtao Brewery led the beer sector, and Q1 net profit increased 16.78% and 10.06% year over year, respectively
Gelonghui April 30 | Beer stocks in Hong Kong and A rose collectively. Among them, Chongqing Beer (600132.SH) and Tsingtao Brewery AH shares both rose more than 4%, China Resources Brewery (0291.HK) rose 3%, and Yanjing Brewery (000729.SZ) rose nearly 3%. According to the financial report released last night, Chongqing Beer achieved revenue of 4.293 billion yuan in the first quarter of 2024, up 7.16% year on year; net profit to mother was 452 million yuan, up 16.78% year on year. Tsingtao Brewery's revenue for the first quarter of 2024 was 10.15 billion yuan, down 5.19% year on year; net profit to mother1
Express News | People's Daily Heyin: The advantages of China's new energy industry are obtained through real skills
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
青島啤酒股份：2024年第一季度報告
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
The automotive sector is once again strengthening, and the joint efforts of the central government, local authorities, and enterprises are expected to drive an increase of 1 to 2 million new cars
Combined with factors such as the intense hosting of the Beijing Auto Show and the successive introduction of “trade-in” policies and rules by local authorities and companies, the market closed on April 29, and related sectors, including complete vehicles, car dismantling, and auto parts, once again strengthened collectively. Among them, stimulated by the continuous introduction of local automobile consumption policies, Hong Kong stocks such as Zero Run, NIO, and Ideal generally rose; among A-shares, Zotye Auto had the highest increase, reaching 6.67%, and at one point it was close to a standstill in the intraday period.
Express News | Tsingtao Brewery: Net profit from mother in the first quarter was 1,597 billion yuan, up 10.06% year on year
恒發光學：2023年報
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