CETF VanEck FTSE China A50 ETF
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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.
Northbound funds report large buy orders: China Yangtze Power suffered a net sell-out of 1.72 billion yuan.
On June 14th, the northbound funds net sold 4.735 billion yuan for the whole day, marking the fourth consecutive day of net selling.
Large buying report of northbound funds: Wuliangye Yibin suffered a net sell-off of 600 million yuan.
On June 13th, Northbound funds sold a net amount of 6.306 billion yuan throughout the day, marking the third consecutive day of net selling.
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.
Northbound capital report shows large-scale buying: Kweichow Moutai suffered a net sell-off of 679 million yuan.
On June 12th, the northbound funds sold 3.335 billion yuan net all day, marking the second consecutive day of net sales.
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.
Zhang Deqin's critical moment: Moutai's wholesale price continues to fall, approaching the middleman's cost line. Is panic selling coming soon?
① Around the “small peak season” of Dragon Boat Festival, the wholesale price of Maotai liquor did not rise but fell, approaching the cost line of some intermediary channel vendors, causing its stock price to plummet; ② From May 23 to June 7, northbound capital reduced Maotai's holdings by nearly 3 million shares, and now net sales of Maotai reached 2,677 billion yuan; ③ Industry experts believe that Maotai's development carries the expectations of all parties and cannot win or lose; relevant parties use Zhang Deqin to take on key tasks at critical moments.
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%.
[Data Watching] Northbound capital reduces holdings of Kweichow Moutai by more than 2 billion yuan. Institutions and speculative capital are rushing to buy multiple chip stocks.
① Today, Kweichow Moutai received a net sale of 2,677 billion dollars from northbound capital, making the stock's biggest net sale in a single day during the year. ② A number of chip stocks were bought by institutions and investors. Among them, Shengyi Electronics received more than 90 million purchases from institutions, and Wanrun Technology received more than 90 million yuan in a market seat.
Report on large buy orders by northbound funds: Kweichow Moutai faced a net sell of 2.677 billion yuan.
On June 11th, Northbound capital sold a net of 7.497 billion yuan throughout the day.
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%.
Northbound funds report large buy orders: kweichow moutai suffers a net sell of 1.319 billion yuan.
On June 7th, Northbound funds sold a net of 705 million yuan throughout the day, after two consecutive days of net buying.
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?
According to the data analysis, for 16 consecutive days, Northbound capital has increased its stake in China Yangtze Power, and the activity of first-tier gaming companies continues to freeze.
China Yangtze Power ranked first with a net buy of 434 million yuan in the top ten transactions of Shanghai and Shenzhen stock connect. The stock has been a net buy for 16 consecutive trading days. Short-term capital activity is still low, with only Shanghai Belling Corporation, Ltd. receiving a first-tier institutional investor's net buy of over 20 million yuan today.
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
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.
The third phase of the National Big Fund was officially established! The semiconductor industry is facing significant benefits; which targets are expected to benefit?
Regarding the specific investment of the third phase of the Big Fund, CITIC Securities expects semiconductor manufacturing to remain the largest, and is expected to further increase support for critical areas such as equipment, materials, components, EDA, and IP. It is recommended to continue to focus on leading companies in related fields.