Counter the EU! Three major car manufacturers have filed a lawsuit against the EU's anti-subsidy tax.
Leading Chinese automobile companies have retaliated against the European Union's imposition of anti-subsidy tariffs.
Express News | The Ministry of Commerce and eight other departments: Stabilize and expand Consumer in Autos, cultivate and grow consumption of Asia Vets in New energy Fund.
China Automobile Circulation Association: From January 13 to 19, the average daily transaction volume of used Autos was 0.0642 million vehicles, a decrease of 2.78% compared to last week.
The China Autos Circulation Association released the weekly report on used cars (January 13, 2025 - January 19, 2025).
The direction has been set! Local "two sessions" are hotly discussing new energy vehicles and the low-altitude economy. The entire Industry Chain is pressing the "accelerator button" to improve quality and efficiency.
According to preliminary statistics from the Financial Associated Press, over half of the provinces in the 2025 government work reports across 31 provinces clearly mentioned the New energy Fund industry; nearly 10 provinces referred to the low-altitude economy. Seven provinces have set targets for the production volume, output value, and construction of Charging Stations for New energy Fund vehicles.
Daily Bull and Bear | The Hang Seng Index futures fell slightly, with funds for long positions continuing to show Outflow; Ideal Autos surged over 5%! A warrant doubled in profit.
As of market close, the total market turnover reached 147.9 billion Hong Kong dollars, with all warrants and structured products totaling 12.8 billion Hong Kong dollars, accounting for 8.7% of the total market turnover, of which long positions accounted for 4.4% and short positions for 4.3%. Overall capital had a net outflow of 0.485 billion Hong Kong dollars.
U.S. stocks closed higher | All three major indexes rose, with the Dow up over 1%, and NVIDIA rising more than 2% to regain the top position in Market Cap; U.S. space Concept stocks were strong, with RKLB soaring 30%.
On the first trading day of Trump's return to the White House, the Dow rose more than 1%, the chip Index rose over 2% at its peak, after multiple Institutions downgraded it, Apple fell over 3%, and NVIDIA surpassed to reclaim the Global Market Cap throne. Tesla turned down, Trump's media fell 11%, and Oracle, which will collaborate with SoftBank to invest in USA AI Infrastructure, rose over 7%. Netflix's Earnings Reports were Bullish, rising over 10% after hours. The China concept Index rose over 1% before turning down, New Oriental fell over 23%, and Xpeng Autos rose over 6%. Long-term bonds in Europe and the USA led gains, the dollar hit a two-week low, the Canadian dollar and Mexican peso fell, the offshore yuan briefly fell below 7.29 yuan, Trump's coin turned up, US oil fell as much as 3%, and Gold rose over 1% to its highest in more than two months.