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Express News | The concept stocks of Xiaomi Autos have shown strong fluctuations, with Shanghai Carthane experiencing a direct surge to its limit-up.
Express News | Soochow is Bullish on the opportunities in the Industry Chain brought by Tesla's new round of Global product cycle.
Express News | Soochow: The domestic automotive landscape and valuations are expected to undergo a new round of reshaping.
Express News | Galaxy Securities: The pace of state-owned enterprise reform in the autos sector is expected to accelerate, which may drive the revaluation of central state-owned enterprises' value.
China Galaxy Securities: The effect of the local subsidy policy is significant, driving the revival of the domestic car market.
According to the data from the Ministry of Commerce, as of October 24th, the national automobile scrappage renewal subsidy applications totaled 1.57 million, while local automobile replacement renewal subsidy applications reached 1.26 million. The growth rate of local subsidy applications is significantly faster than the national scrappage renewal application volume, which significantly boosts domestic demand.
HUAYU Automotive Systems And 2 High Quality Dividend Stocks To Consider