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Investing in industry funds + establishing a joint venture, Cathay Biotech Inc. "leverages" Contemporary Amperex Technology and Hefei State Assets.
① Behind Cathay Biotech Inc. is the presence of two giants, Cathay Biotech Inc. and Contemporary Amperex Technology. ② Cathay Biotech Inc. mainly engages in the research, development, production, and sales of products applying Cathay Biotech Inc.'s polyamide composite materials in New energy Fund energy fields such as power batteries and energy storage. ③ The招商凯赛新材料基金, initiated by Cathay Biotech Inc., Hefei State-owned Assets, and China Merchants Group, was established with a registered capital of 0.65 billion yuan.
Frontline | Intelligent Driving Competition: BYD's terminal inventory clearance promotes "God's Eye" while Tesla's FSD feature faces a lukewarm market.
On February 26, Tesla's refreshed Model Y began deliveries in the China market; the day before, the renamed Tesla FSD officially entered the China market. BYD released the "Heavenly Eye" intelligent driving system, claiming to initiate the "era of comprehensive intelligent driving."
The autonomous driving Sector receives more Bullish news! Tesla's FSD is about to enter China, and Horizon Robotics' stock in Hong Kong has surged over 160% this year.
The long-awaited news of "Tesla FSD entering China" has finally made new progress.
TrendForce: It is estimated that the Global new car market will grow by 2.4% annually by 2025, and the competition for Asia Vets may become intense.
According to the latest estimates from TrendForce, the global new car market sales will reach 90.6 million units in 2025, with an annual growth rate of 2.4%.
The central bank carried out a one-year MLF operation of 300 billion yuan with interest rates remaining unchanged.
The People's Bank conducted a 300 billion yuan medium-term lending facility (MLF) operation, with a term of 1 year and a winning interest rate of 2.00%.
Daily Bulls and Bears | The Hang Seng Index night futures closed at 22,824 points, the latest bull-bear street ratio rose to 64:36; Air China Limited's January passenger data is optimistic! One call warrant rose by over 200%.
As of market close, the total market turnover was 356.031 billion Hong Kong dollars, with a total turnover of 20.304 billion Hong Kong dollars from all callable bull and bear certificates, accounting for 5.7% of the total market turnover. Among these, the proportion of long positions was 3.3% and the proportion of short positions was 2.4%. The net outflow of funds from all warrants was 0.186 billion Hong Kong dollars.