Cui Dongshu, Secretary General of the China Passenger Car Association: The 'Autos to the Countryside' policy needs to be strengthened rather than suppressed.
In 2024, China's auto market retail achieved the expected strong start, followed by a sharp divergence between electric vehicles and gasoline vehicles. From January to August 2024, the retail sales of electric vehicles reached 6.01 million units, showing a relatively strong trend with a 35% increase, close to the 36% growth rate in 2023.
Express News | The United States has decided to impose additional tariffs on Chinese products, with a 100% increase in tariffs for electric cars.
Counterpoint Research: The global television shipment reached 56 million units in the second quarter, an increase of 3% year-on-year.
The latest global television tracking report released jointly by Counterpoint Research and DSCC.
Stock opportunities tracking | 33 stocks including Alibaba officially included in stocks connect today, guotai junan i will resume trading today
Longfor Group (00960.HK): Accumulated contract sales of 65.14 billion yuan in the first 8 months, with sales of 6.51 billion yuan in August; China Jinmao (00817.HK): Accumulated contract sales of 56.396 billion yuan in the first 8 months, with sales of 6.196 billion yuan in August; Tencent (00700.HK): Invested 1.003 billion Hong Kong dollars to repurchase 2.72 million shares, with a repurchase price range of 365.4-371.2 Hong Kong dollars.
CINNO Research: In the first half of the year, China's new energy industry investment reached 2.1 trillion yuan, a 57% year-on-year decrease.
According to the statistics from CINNO Research, the total investment in China's (including Taiwan) new energy projects from January to June 2024 reached 2.1 trillion RMB, a decrease of 57.1% compared to the same period last year.
TechInsights: Global smart phone shipments in 2025 are expected to increase by 3% year-on-year.
TechInsights pointed out that the global smart phone shipment volume in 2025 will increase by 3% year-on-year.
Completely abandon LCD? Apple is reportedly planning to use OLED displays on all iPhones.
①Apple first introduced the OLED display on the iPhone X in 2017. Since then, Apple has popularized the use of OLED displays in its mid-to-high-end models, but the iPhone SE series still uses an LCD screen. ②Insiders said that Apple has started ordering OLED displays for the new generation of iPhone SE from jd.com and LG.
Norway leads the global countries by a wide margin! In August, the market share of electric vehicles reached as high as 94%.
①The statistics released on Monday showed that electric car sales in Norway accounted for 94% of the local market share in August, setting a new world record; ②Meanwhile, electric car sales in other European countries remained stagnant.
Futu Morning Report | This week will be the main event! There will be a "big test" of data before the Fed's interest rate cut; Hong Kong Stock Exchange will launch a weekly series of stock options, starting trading on November 4th.
The Federal Reserve should act quickly? Citigroup expects a 50 basis point rate cut in September; boosted by the old-for-new subsidy, Tesla's shipments in China in August increased year-on-year; Taiwan Semiconductor's cutting-edge A16 chip has received orders! Apple and OpenAI are said to have reserved the first batch of production capacity.
Futu Morning Post | 25 or 50 basis points rate cut in September? This week's non-farm data may reveal the 'answer'; Tesla will unveil new self-driving Robotaxi at Warner Bros. Studios in China.
The moderate increase in US July PCE inflation paves the way for an interest rate cut next month; Bank of America's "big turn": bullish on commodities, bearish on US bonds; Buffett's "clearance-style shareholding reduction" in Bank of America: selling for six consecutive trading days, realizing a total cash of 44 billion.
HK Stock Opportunity Tracking | August New Energy Vehicle Performance Released! Xiaomi has exceeded 10,000 for three consecutive months, and Ideal Auto Delivery has increased by 37.8% year-on-year. Miniso plans to repurchase no more than HKD 2 billion sha
Industrial and commercial bank of China's revenue in the first half of the year was 401.999 billion yuan, a decrease of 6.3%; China Construction Bank Corporation's operating income in the first half of the year was 374.831 billion yuan, a decrease of 3.43%; Alibaba spent 59.973 million US dollars to repurchase 5.9226 million shares.
August electric vehicle performance report: Xiaomi has exceeded 10,000 units for three consecutive months, and the delivery of Ideal has increased by 37.8% year-on-year.
The delivery volume of li auto inc. SU7 has exceeded 10,000 units, and the target of delivering over 10,000 units has been achieved for three consecutive months. Li Auto delivered 48,122 new vehicles in August, a year-on-year increase of 37.8%. Lingpao Auto is the third new force in car manufacturing to achieve monthly sales of over 0.03 million.
The performance of the top ten star network technology stocks in the Hong Kong market has been released! The performance after the announcement soared by more than 12%, who is happy and who is worried?
On the first trading day after the performance report, Meituan, Ctrip, and Xiaomi all saw gains of more than 9%, while Netease's decline exceeded 10%, and Tencent Music plummeted by more than 18%.
Cui Dongshu: In July, global auto sales reached 7.22 million units, a year-on-year decrease of 1%. Chinese car companies accounted for 31% of the world market share.
In July 2024, the global automobile sales reached 7.22 million units, a year-on-year decrease of 1%, and a month-on-month decrease of 8% compared to June.
Express News | Lyon: Raised Xiaomi's target price to HKD 24.5, and raised the adjusted net income forecast for this and next year.
Xiaomi welcomes its best financial quarter ever! After the performance, major banks are singing praises, with the stock price surging 8% and aiming to reach a new high for the year.
Deutsche Bank is surprised by the gross margin of 15.4% for Xiaomi's second quarter electric vehicle, and with quarterly profits far exceeding expectations, believes this is a catalyst for reevaluation of Xiaomi.
Xiaomi sells a car at a loss of 0.06 million? Lei Jun responds and the stock price soars!
Xiaomi's autos business is listed separately for the first time in Xiaomi's financial report. As soon as the financial report card is released, the market's attention collectively focuses on the revenue and net income indicators of Xiaomi's autos.
Lei Jun responded that Xiaomi's sale of one car resulted in a loss of 0.06 million yuan.
Last night, Lei Jun responded to the trending topic of "Xiaomi selling a car at a loss of over 0.06 million" on his personal weibo. Lei Jun said that building cars is tough, but success is definitely cool! Xiaomi's autos are still in the investment phase, so I hope everyone understands.
Hong Kong Stock Opportunity Tracker | Xiaomi's second quarter revenue increased by nearly 30%, with a gross margin of 15.4% for autos; Latest exposure! Duan Yongping increased his holdings of Alibaba and Tencent.
cgn power's revenue in the first half of the year was approximately 39.377 billion yuan, a year-on-year increase of 0.3%; jd.com: as of August 20th, walmart no longer holds shares in the company.
Futu Morning Report | Will there be a rate cut in September? Latest statement from the Federal Reserve! Institutions: The sharp drop in the US stock market in early August is a reasonable adjustment, and the market may continue to fluctuate in the coming
Goldman Sachs USA election forecast: Harris has a great chance of winning, but will become the "lame duck president"; three major indices collectively rose, with the minutes of the Federal Reserve meeting boosting expectations of rate cuts; Meta rose nearly 2%, launching a brand new web crawler program to train AI models.