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Great Wall Motor (02333.HK): Steady at the top of the domestic rugged off-road market, exploring a second growth curve abroad.
Report Summary: Great Wall Motor's development history over the past fourteen years: From 2011 to 2016, the Passenger Vehicle Industry in China was in a period of rapid growth, especially as the SUV industry entered a phase of development benefits. The domestic brand SUV market started from 201.
Cui Dongshu: The prices of conventional RBOB Gasoline vehicles continue to rise, while the average price of Electric Vehicles has gradually decreased recently.
The significant drop in prices reflects the active Consumer engagement with Electric Vehicles, which is a positive development.
Research Reports on Investment | HTSC: Great Wall Motor's new Weipai Gaoshan lowers prices and enhances features, maintaining a "Buy" rating.
Gelonghui, May 15 | HTSC's Research Reports pointed out that on May 13, Great Wall Motor (601633.SH) launched the new Wei brand Gaoshan, with prices for the Gaoshan models at 0.3098/0.3538 million yuan. It is believed that the new car has reduced prices and increased features (the previous model's 5m long version started at 0.3158 million yuan, and the 5.4m long version was priced at 0.4058 million yuan), and improvements have been made to the exterior and interior. In terms of the first and second row seating and smart configurations, it achieves a leading position among competitors at the same price point, securing over 3,500 orders within the first hour of launch. Considering that the company is intensively releasing the XiaoLong MAX and Gaoshan in April and May, the transition to the New energy Fund is expected to accelerate.
Hong Kong Stock Market Midday Review | All three major indices fell, with the Tech Index down 0.62%; Autos and toy Concept stocks rose against the trend, with BYD shares up over 3% and Bruker rising over 6%.
Most Network Technology stocks fell, with JD-SW down 3.60% and NTES-S up 1.81%; many Golden Industrial Concept stocks declined, with Chifeng Jilong Gold Mining down 4.02% and TONGGUAN GOLD down 3.82%; Autos stocks rose, with BYD Company up 3.52% and Geely Auto up 2.40%.
Market Chatter: Great Wall Motor Seeks to Double Capacity at Brazil Plant
The first interest rate cut of the year has been implemented! This releases approximately 1 trillion yuan in long-term liquidity.
① The People's Bank of China lowered the reserve requirement ratio of Financial Institutions by 0.5 percentage points starting from May 15, providing approximately 1 trillion yuan in long-term liquidity to the market; ② This adjustment aims to encourage Financial Institutions to support the real economy, especially in the fields of Autos finance and leasing.