China Automotive Circulation Association: From December 23 to 29, 2024, the average daily trading volume of used cars rose to 0.0703 million units, an increase of 1.53% compared to the previous period.

The China Automobile Circulation Association released the weekly report on used cars (December 23, 2024 - December 29, 2024).

Zhitong FinanceJan 3 17:22

The ranking of Global automotive companies by Market Cap has undergone a "huge change": 21 Chinese automotive companies have made it into the TOP 50, with Xiaomi and BYD ranked third and fourth respectively.

①Tesla and Toyota still rank first and second; ②BYD, which previously held the third-largest position in the Global automotive market with a Market Cap of 107.84 billion USD, was surpassed by Xiaomi, which officially entered the Autos market in 2024 and was still outside the top 10 midway through the year; ③Chongqing Sokon Industry Group Stock, which is deeply tied to Huawei, ranks fourth among Chinese automotive companies after Xiaomi, BYD, and SAIC Group.

cls.cnJan 3 15:15

Kweichow Moutai's 2024 performance has "initially submitted": annual growth exceeds 15%, and Moutai's base liquor has reduced production for the first time.

Response cycle.

wallstreetcnJan 3 07:55

Moutai liquor production cuts? Individuals close to Kweichow Moutai: last year's production remained within a normal and orderly Range | Quick read announcement.

In 2024, Kweichow Moutai plans to produce approximately 0.0563 million tons of Moutai liquor, a decrease of 1.58% year-on-year. Last year, increased marketing investments in the Moutai series of liquors and the higher proportion led to a decline in the company's overall net margin, which may have fallen below 50% last year, reaching the lowest level since 2018. Amid soft stock prices, Kweichow Moutai officially initiated a buyback, with nearly 0.3 billion yuan repurchased on the first day.

cls.cnJan 2 21:42

The "price war" fires the first shot of the new year! Ideal and NIO promote "subsidy guarantees", with over 9 major manufacturers updating car purchase rights.

① Li Auto launched a "replacement subsidy" guarantee, offering a cash subsidy of 15,000 yuan for each vehicle. ② Xpeng Motors has begun a limited-time Spring Festival gift distribution event, including a 0.01 million yuan cash red envelope and an 888-degree electricity card, among others. ③ Although the national policies related to 2025 have not yet been clearly defined, many regions have already introduced local subsidy measures.

cls.cnJan 2 16:00

On the first trading day of the New Year, Bank stocks opened high and then fell back. Many Institutions: the opening performance may be better than in previous years, but the trend of declining net interest margin remains unchanged.

① The crediting ratio between each quarter is expected to recover to a ratio of 4:3:2:1. ② It is expected that policy trends will continue, gradually boosting demand in the Real Estate sector. ③ This year, the decline in net interest margin for Banks is narrower compared to 2024, with a calculated interest margin of 1.34% under neutral assumptions.

cls.cnJan 2 14:19