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Express News | BYD shares have risen sharply in the short term, currently up over 3%, with the stock price reaching a maximum of HKD 428.6, setting a new historical high.
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.
Undeterred by the "Trump shock"! Global electric vehicle sales surged in April, with the Chinese market experiencing a robust increase of 32%.
In April, Global sales of pure electric and plug-in hybrid autos grew by 29% year-on-year, reaching 1.5 million vehicles. Sales in the China market increased by 32% to 0.9 million vehicles, sales in the Europe market rose by 35% to 0.3 million vehicles, while sales in the North America market fell by 5.6% to 0.1 million vehicles. The Trump tariff policy had minimal impact on electric vehicle sales, but the trade agreements reached with the United Kingdom and China are positive signs for the industry.
Daily Bull and Bear | The Hang Seng Index night futures are trading at a premium of 180 points, the latest bull-bear street ratio is 73:27; Alibaba experienced a nearly 4% pullback yesterday, with one bear certificate generating over 3 times profit.
As of Tuesday's close, the total market turnover was 219.845 billion HKD, with a total turnover of 19.171 billion HKD for all warrants and callable bull/bear contracts, accounting for 8.7% of the market turnover, of which the long positions accounted for 5.9%, and the short positions accounted for 2.8%. The net Outflow for all warrants was 0.937 billion HKD.
Market Update | LEAPMOTOR surged over 5% during trading, with the stock price hitting a new high since its listing. Institutions indicated that strong model cycles contribute to high sales growth.
Despite the market trend, it rose over 5% during trading, peaking at 62.8 Hong Kong dollars, setting a new listing high. As of the time of this report, it is up 4.11%, priced at 62 Hong Kong dollars, with a trading volume of 0.422 billion Hong Kong dollars.
Behind the sales volume exceeding 10 million vehicles in the first four months: RBOB Gasoline Passenger Vehicles "cooling down" and the retail market share of joint venture brands declining across the board.
In the first four months, the production and sales of Autos reached 10.175 million and 10.06 million units respectively, representing a year-on-year increase of 12.9% and 10.8%. The production and sales volume in the first four months exceeded 10 million units for the first time in history; In April, Honda's terminal Autos sales in China were 43,689 units, a sharp decline of 40.83% year-on-year; the cumulative sales from January to April were 201,576 units, down 28.20% year-on-year.