"Golden September and Silver October" peak season, car companies boost sales by "lowering prices and adding features".
①The advanced driving assistance system has been extended to models priced below 0.2 million yuan, leading to an increase in brand sales. ②In multiple areas, the 'trade-in for new' subsidy for automobiles has been launched, and the brand and dealer stores have followed up with corresponding discounts and car purchase policies.
China Securities Regulatory Commission takes tough action! A fine of 0.167 billion yuan reveals details of stock price manipulation case.
Trading jiangsu jinling sports equipment through 39 accounts, illegally making profits of over 80 million, resulting in heavy penalties; Engaging in wash trading and false reporting through the use of financial advantages and shareholding advantages; From doubling in stock price to a sudden 20% drop in 10 days, the stock price of jiangsu jinling sports equipment experienced severe volatility.
Express News | The United States has decided to impose additional tariffs on Chinese products, with a 100% increase in tariffs for electric cars.
goertek inc. plans to spin off its subsidiary for listing in Hong Kong, further deepening its long-term cooperation with international customers.| Speed read announcement
①Goertek Inc. announced its intention to spin off Goertek Micro and list it on the main board of the Hong Kong Stock Exchange; ②Goertek Micro attempted to go public on the GEM in 2021, but terminated the plan in May of this year; ③Goertek Inc. stated that the decision to list Goertek Micro in Hong Kong was a careful decision after comprehensive consideration, and it will have a positive interaction with Goertek Inc.'s business in the future.
Express News | Goertek Inc. plans to spin off its holding subsidiary, Goer Micro, and list it on the main board of the Hong Kong Stock Exchange. After the spin-off, Goertek Inc.'s equity structure will not undergo significant changes, and it will still maintain control
August electric vehicle sales: BYD sold nearly 0.38 million units, sokon industry group stock surged nine-fold year-on-year.
①After surpassing a 50% market penetration rate in July, the market penetration rate of new energy vehicles further increased in August, achieving a steady and robust development with a "step-by-step" approach. ②In August, BYD not only broke its own monthly sales record, but also achieved the highest year-on-year growth rate of the year. ③Chery Automobile and Chongqing Sokon Industry Group Stock achieved year-on-year retail sales growth of 251.5% and 912.3% in August respectively.
Byd company limited may raise its full-year sales target to 4 million vehicles, combining plug-in hybrid, asia vets, and price reductions.
Morgan Stanley's latest research report shows that the management of BYD Company stated that the full-year sales target has been raised to 4 million vehicles. If we calculate based on the 4 million vehicles target, it means that the monthly average sales for the remaining four months of this year need to reach 0.418 million vehicles.
Quick Look at Mid-day Trading | The three major stock indexes in Hong Kong all fell, with oil and coal stocks declining; all three major oil companies saw a drop of over 5%, while Tianqi Lithium Corporation surged 12% against the market trend.
Network technology stocks generally fell, with SenseTime down nearly 3%, JD.com, Netease down nearly 1%, Tencent, Alibaba slightly down; Bilibili rose by over 1%, Meituan slightly rose.
Institutions | Looking for the prosperity and highlights in the industry: clues from the Hong Kong stock market report
Based on the comprehensive disclosure of interim performance and market expectations, the sectors of internet e-commerce and csi leading consumption and services index have a relatively high degree of prosperity. Meanwhile, public utilities such as telecommunications and hydropower maintain stable profitability, making them worthwhile dividend symbols to continue to pay attention to.
In August, the penetration rate of new energy exceeded 50% again, with byd company limited and chongqing sokon industry group stock leading the way. China Association of Automobile Manufacturers: Adjusting the annual sales volume expectations upwards.
①The China Passenger Car Association released data showing that the narrow definition of passenger vehicle retail sales in August was 1.905 million units, a year-on-year decrease of 1.0%. ②Looking ahead for the whole year, the China Passenger Car Association will provide specific numbers for the expected increase in the electric vehicles market after comprehensive assessment.
CINNO Research: In the first half of the year, China's new energy industry investment reached 2.1 trillion yuan, a 57% year-on-year decrease.
According to the statistics from CINNO Research, the total investment in China's (including Taiwan) new energy projects from January to June 2024 reached 2.1 trillion RMB, a decrease of 57.1% compared to the same period last year.
Norway leads the global countries by a wide margin! In August, the market share of electric vehicles reached as high as 94%.
①The statistics released on Monday showed that electric car sales in Norway accounted for 94% of the local market share in August, setting a new world record; ②Meanwhile, electric car sales in other European countries remained stagnant.
Auto stocks show differentiation! Sales rankings for August are out, and the performance of new car-making forces varies.
From the news perspective, today's auto sector shows a clear differentiation trend, which may be related to the August sales data disclosed by them the previous day (August 1). Overall, some people are happy, some are worried.
Direct hit Chengdu Auto Show | The three major tracks of hybrid gasoline and diesel are flying together, and traditional automakers are not letting BYD have a "unique beauty"
①From the perspective of products, whether it is pure electric or plug-in hybrid, the acceleration of the introduction of new energy vehicles is a common feature of auto companies at the Chengdu Auto Show; ②Although various signs indicate that electric vehicles will become the main force in the domestic auto market sales, rbob gasoline cars have not yet exited the stage.
August electric vehicle performance report: Xiaomi has exceeded 10,000 units for three consecutive months, and the delivery of Ideal has increased by 37.8% year-on-year.
The delivery volume of li auto inc. SU7 has exceeded 10,000 units, and the target of delivering over 10,000 units has been achieved for three consecutive months. Li Auto delivered 48,122 new vehicles in August, a year-on-year increase of 37.8%. Lingpao Auto is the third new force in car manufacturing to achieve monthly sales of over 0.03 million.
The latest holding positions of the retirement fund have been exposed: In the second quarter, there were 61 new stocks in the top ten shareholders list, with Zhejiang Weixing Industrial Development and other stocks held by 2 shareholders.
① With the completion of the semi-annual report disclosure of listed companies, the top ten circulating shareholders of 188 stocks in the retirement fund appeared frequently; ② Among them, among the top ten circulating shareholders of 61 new stocks, Zhejiang Weixing Industrial Development, National Investment Intelligence and other 5 stocks each obtained 2 new shareholdings from the retirement fund; ③ Attached is the number of new shareholding institutions and A-share list in the second quarter of the retirement fund (see attached table).
Internet security vendors are experiencing widespread losses, and the industry's downward trend is difficult to conceal due to seasonal factors. It is urgent to find new sources of revenue.
In the first half of the year, only 3 out of the top 20 companies in the csi information security index achieved profitability, while all of the top 10 suffered losses. Financial reporters from CaiLian News learned through multiple interviews that the losses were mainly caused by periodic project cycles and seasonal factors affecting payment collection. Analysts point out that in the context of downstream customers, primarily government clients, facing significant financial pressure and declining purchasing power, the network security industry needs to expand its market to more commercial clients.
Automobile company half-year report: byd company limited with a revenue increase of nearly 500%, over 1200 Zotye, chongqing sokon industry group stock has the largest revenue increase, while Xiaopeng Motors suffers the most losses.
①Ten car companies achieved double growth in revenue and net income, accounting for half of the total. ②Among the 20 car companies, BYD outperformed the others, ranking first in both revenue and net income, with revenue 1,209 times that of Zotye Automobile. ③The declining performance of joint venture brands has also dragged down the performance of old car companies such as SAIC Motor Corporation and Guangzhou Automobile Group.
Cui Dongshu: In July, global auto sales reached 7.22 million units, a year-on-year decrease of 1%. Chinese car companies accounted for 31% of the world market share.
In July 2024, the global automobile sales reached 7.22 million units, a year-on-year decrease of 1%, and a month-on-month decrease of 8% compared to June.
Byd Company Limited's revenue in the first half of the year increased by 15.8% year-on-year, with net income increasing by 24.4%.
In the first half of the year, BYD's automotive business revenue increased by 9.3% year-on-year, with automotive sales ranking first in the world, and mobile assembly business increased by 42.5% year-on-year.