GAHMAIN GAH Futures(NOV4)
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GAH Futures(NOV4) News
"Geely Silver Galaxy Starship 7" pre-sale starts on Friday.
Geely (00175.HK) officially unveils the 'Geely Galaxy Starship 7' under its banner. The new car is equipped with Geely's latest Thunder God hybrid technology, which can achieve a comprehensive range of 1,430 kilometers and a fuel consumption of 3.75 liters per hundred kilometers. The new car will officially begin pre-sale on Friday (8th) and is expected to be launched within the year.
Express News | The Ministry of Commerce: In order to safeguard the interests of the electric autos industry and global green transformation cooperation, China has decided to file a lawsuit against the EU's final anti-subsidy measures.
Most auto stocks retraced. Li Auto Inc. (02015) fell by 2.42%. Institutions believe that the replacement policy for old cars with new ones will continue to drive the auto market.
Jingu Finance News | Most of the automobile stocks have experienced a pullback, with Li Auto Inc (02015) dropping by 2.42%, Geely Auto (00175) dropping by 2.07%, xpeng (09868) dropping by 1.26%, Great Wall Motor (02333) dropping by 1.23%, Xiaomi Corporation (01810) dropping by 1.1%. BYD Company (01211) fell by 1.04%. Orient's research reports pointed out that 1) electric vehicle companies and some independent brands announced their October sales volumes, with many companies achieving record sales. 2) Several key new energy vehicle models will be successively launched in November, expected to continue boosting the enthusiasm of the new energy market.
Geely Auto (00175.HK): Record high sales in October, looking forward to the volume increase of the new EM-I vehicle platform.
In October 2024, the company sold 226,686 units, a year-on-year increase of 28%, a month-on-month increase of 12%, of which the new energy fund sales were 108,722 units, an increase of 75% year-on-year and 19% month-on-month.
Futu Morning Post | Countdown to the election! The panic index VIX is burning high and uncertainty is haunting the market nerves; Up nearly 13% after hours! Palantir raises full-year revenue guidance
Jpmorgan warns: If Trump wins on Wednesday, the Fed may pause the easing cycle as early as December; Will the US stock market hit new highs after the election? Jpmorgan: FOMO psychology boosts, S&P may hit 6100 points by the end of the year; US polls: Harris and Trump are neck and neck in key 'swing states'.
Statistics of the capital trend of Stock Connect (T+2) | November 5th
Intelligence Hong Kong Stock Connect capital trend | November 5th
China Passenger Vehicle Association: It is expected that the wholesale sales volume of new energy passenger vehicles in mainland China in October will increase by 58% year-on-year, while the domestic wholesale sales volume of Tesla will decrease.
China's passenger vehicle market information joint meeting estimates that the national sales volume of new energy passenger vehicles in October will be 1.4 million units, an annual increase of 58% and a monthly increase of 14% based on preliminary data. However, Tesla China's wholesale sales volume in October dropped to 68,280 units compared to 88,321 units in September.
Express News | The Geely Starship 7 silver will start pre-sale on November 8th.
Net inflow of nearly 3.3 billion Hong Kong dollars in southbound funds on November 4: Increased positions in Xiaomi Corporation and Innovent Bio, outflow from Semiconductor Manufacturing International Corporation and CNOOC.
①The southbound funds had a daily turnover of approximately 55.3 billion Hong Kong dollars. Which individual stocks continued to receive inflows of funds? ②Xiaomi Group received over 0.4 billion Hong Kong dollars in inflows. How did the stock price perform?
Net outflow of 0.47 billion Hong Kong dollars in the Hong Kong Stock Connect for CNOOC.
There is a net inflow from Beishui Nanxiang to Xiaomi Group (01810.HK), Innovent Bio (01801.HK), and Tencent (00700.HK), reaching 0.453 billion Hong Kong dollars, 0.368 billion Hong Kong dollars, and 0.203 billion Hong Kong dollars respectively. There is a net outflow from Beishui Nanxiang to CNOOC (00883.HK) and SMIC (00981.HK), reaching 0.47 billion Hong Kong dollars and 0.306 billion Hong Kong dollars respectively. The highest net capital inflow stock through the Shanghai-Hong Kong Stock Connect is China Mobile (00941.HK) with 0.324 billion Hong Kong dollars, while the highest net capital outflow stock is the tracker fund of Hong Kong (02800.HK) with 1.191 billion Hong Kong dollars.
The Beishui trend | Beishui's net buying transaction amount is 3.279 billion, innovent bio (01801) terminates the disputed affiliate agreement, domestic capital rushing for over 0.3 billion Hong Kong dollars throughout the day.
On November 4th, in the Hong Kong stock market, the net purchase of northbound funds amounted to 3.279 billion Hong Kong dollars, with a net purchase of 2.27 billion Hong Kong dollars via Stock Connect (Shanghai) and a net purchase of 1.009 billion Hong Kong dollars via Stock Connect (Shenzhen).
Plant closures, layoffs, salary cuts, is the European automotive industry heading towards decline?
According to Gasgoo on November 4th, Europe, the birthplace of autos, is currently facing a "perfect storm" for European car companies, mostly dominated by Volkswagen.
Express News | Southbound funds net bought 3.279 billion yuan today.
Da Hua expects Great Wall Motors (00175.HK) to report a 34% quarterly increase in core earnings to 2.1 billion RMB.
Dahua Jixian's report pointed out that Geely (00175.HK) is at a turning point in profit growth, mainly due to its strong product line and vigorous export growth. The recently launched electric car models like the Galaxy E5, Starwish, and the affiliated Zeekr 7X under Zeekr (ZK.US) have all received strong orders. Looking ahead, Geely will introduce more electric car models targeting the mass market in the future, especially plug-in hybrid electric vehicles (PHEV), to grab market share from existing competitors. Geely plans to disclose its third-quarter performance next Thursday (14th), and it is expected that the company's core earnings will increase.
Morgan Stanley: li auto inc (02015.HK) lacks visibility on new product strategy, expected to be the main resistance for stock price.
Morgan Stanley's report stated that li auto inc-W (02015.HK) slightly exceeded expectations in the third quarter performance, mainly due to the unexpected rebates from suppliers contributing to the gross margin. Without this factor, the performance would have been in line with the bank's forecast. The report mentioned that during the performance conference call, the management emphasized the company's roadmap in autonomous driving technology and, in the current market environment, prioritizing profitability over production volume, which was well received by the bank. The bank's main reservation about li auto inc is its new car models, especially the BEV models in 2025, lacking visibility, and the details provided by the management during the call were limited.
Year-end "sprint run": The automotive market is witnessing a resurgence of "price wars", with 70,000-level discounts becoming the norm.
① Zhiji Autos' latest car purchase rights announcement: From now until November 30, Zhiji Autos' entire range of new and old car owners will share a total of 1.1 billion purchase subsidies. ② A salesperson at a Huawei store told Caixin reporters that the Hongmeng Intelligent Travel policies in November have been adjusted compared to October.
"Silver October" sales exploded! Hong Kong-listed new energy auto stocks are in a frenzy, with over 40 stocks hitting the limit up.
Institutions: Focus on accelerated release of demand in the fourth quarter.
China EV Stocks Rally After Strong October Delivery Growth
Hong Kong autos stocks received a bullish market boost, with both XPeng and Li Auto surging over 5%.
①How is the recent sales volume in the autos market? ②What are the developments following the EU's anti-subsidy case for electric cars?
Hong Kong stocks unusual | Auto stocks lead the gains, strong sales in the peak season of September and October, exceeding expectations. Auto companies are accelerating their overseas expansion pace.
Auto stocks lead the gains. As of the press time, Brilliance Chi (01114) has increased by 5.54%, to 2.86 Hong Kong dollars; Xpeng Auto-W (09868) has increased by 5.19%, to 46.6 Hong Kong dollars; BYD Company (01211) has increased by 5.04%, to 291.6 Hong Kong dollars; Great Wall Motor (02333) has increased by 4.29%, to 13.14 Hong Kong dollars; Li Auto Inc-W (02015) has increased by 4.12%, to 101.1 Hong Kong dollars.