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Express News | *Special treat Hanma: signed a restructuring investment agreement with Geely Commercial Vehicle Group and multiple financial investors.
In October, the retail sales of new energy vehicles hit a new high, with a consecutive four-month market share exceeding 50%. China Association of Automobile Manufacturers: It is expected to grow by nearly 40% for the whole year.
①Caixin reporter's statistics show that in October, 14 A/H-listed vehicle companies achieved year-on-year growth, with 10 companies accounting for over 70%. ②Cui Dongshu predicts that the domestic sales volume of new energy passenger vehicles in the fourth quarter is expected to be 3.55 million units, a 39% year-on-year increase. The cumulative sales volume in 2024 is expected to be 10.68 million units, a 38% year-on-year increase.
Memo for next week.
On November 11 (Monday), the holiday markets in the USA, France, and Canada are closed. Reserve Bank of New Zealand's fourth-quarter inflation expectations for the next two years: previous value 2.03%. Japan's October banks (including trusts) lending rate: previous value increased by 2.7%. Japan's September trade account: predicted deficit of 66.2 billion yen; previous deficit of 377.9 billion yen. Japan's September current account: predicted surplus of 3.4327 trillion yen; previous surplus of 3.8036 trillion yen. Japan's October economic observers' current situation index: predicted 47.1; previous value 47.8. Japan's October economic observers' future outlook index: predicted 49.2; previous value 49.7.
geely auto (00175.HK): intends to redeem USD 0.5 billion of perpetual capital securities.
Grulonhui November 8th | Geely Auto (00175.HK) announced that the company has issued $0.5 billion in preferred perpetual capital securities (common code: 207889792; International Securities Identification Code: XS2078897928) ("Securities"). In accordance with the terms and conditions of the securities, the company announced today that it has notified the trustee and the security holders: (a) intends to exercise its optional redemption right under condition 6(b) to redeem all issued securities totaling $0.5 billion in principal amount; (b) the redemption date is December 9, 2024; (c) the redemption price is equivalent to
Express News | Geely Auto announced on the Hong Kong Stock Exchange that it intends to redeem $0.5 billion of preferred perpetual capital securities.
Express News | The Ministry of Commerce: There has been some progress in exchanging views on the price commitment plan for the EU's anti-subsidy case against Chinese electric vehicles.
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