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Market Update | Hong Kong stock automotive shares surged, Great Wall Motor rose over 11%, institutions indicate that production and sales nationwide are expected to achieve significant month-on-month growth in March.
Hong Kong stocks in the automobile sector have surged across the board. As of the time of writing, Great Wall Motor is up more than 11%, NIO is up more than 7%, Xpeng Motors is up 4%, Peking Automotive and LEAPMOTOR are both up 2%.
Brokerage morning meeting highlights: Siasun Robot&Automation drives rapid growth in the PCB Industry.
At today's brokerage morning meeting, Everbright stated that robots are driving rapid growth in the PCB industry; China Securities Co.,Ltd. pointed out a bullish outlook for the valuation reconstruction of the complete vehicle and intelligent driving industry chain in 2025; HTSC believes that AIDC may drive demand for power supply and heating beyond expectations.
China Securities Co.,Ltd.: Leading car manufacturers are intensively launching important new vehicles, and the combination of new cars and smart technology is catalyzing the market for complete vehicles.
China Securities Co.,Ltd. issued a Research Report stating that top automotive companies are intensively launching significant new vehicles. The combination of new vehicles and intelligent technology is catalyzing the overall vehicle market, and the outlook is Bullish for the valuation reshaping of the vehicle and intelligent driving Industry Chain in 2025.
Car companies are competing in the Q&M Dental intelligent driving sector, and Hesai has already made its move.
Intra-day increase of over 33%.
China's NEV Sales Surges 87.1% In February Boosted By Govt Programs
Cui Dongshu: The car market achieved a good start in February, with the price war being relatively milder than in previous years.
Overall, the price war in the automotive market is relatively milder compared to previous years.