KGRN241220C21000
- 0.00
- 0.000.00%
KraneShares MSCI China Clean Technology Index ETF Newsroom
TrendForce: Global PHEV sales in the third quarter increased by 55.3% year-on-year, with BYD's market share exceeding 40%.
In the third quarter of 2024, the global total sales of electric vehicles (BEV), plug-in hybrid electric vehicles (PHEV), and hydrogen fuel cell energy vehicles and other electric vehicles reached 4.123 million vehicles, an increase of 19.3% compared to the same period last year.
Futu Morning Post | S&P hits historic new highs again! It is challenging the strongest annual increase after the millennium; American drone small cap stocks ride on the 'Donald Trump concept', soaring more than 9 times in November.
To add fuel to the December actions, the Governor of the Bank of Japan mentioned that the wage trend is key to raising interest rates; The hottest asset after the US election: the US bitcoin ETF single-month net capital inflow hits a record; It is said that Meta is planning to build a global underwater communication network, with a total investment amount possibly exceeding $10 billion.
November electric vehicle delivery report: BYD's electric vehicle sales exceeded 0.5 million, Xiaopeng broke through 0.03 million for the first time, and Chongqing Sokon Industry Group Stock saw a year-on-year sales growth of 54.58%.
Last month, the delivery volume of the Xiaomi SU7 continued to exceed 20,000 units, and Xiaomi expressed confidence in achieving the new delivery target of over 130,000 units for the year.
Geely sent knives to suppliers to bargain? The latest response from both parties!
Source: Securities Times Author: An YuFei Che Auto Enterprises not only send letters to suppliers to negotiate prices, but also "give knives"? Geely has clarified! Recently, the news that "BYD (01211.HK) and SAIC Datong are asking suppliers to reduce prices by 10%" has been fermenting. The incident of the general manager of Geely Automotive (00175.HK) parts purchasing company giving a knife to Chen Yudong, former president of Bosch China in 2023, has also been dug out, interpreted as Geely "sending a knife to negotiate prices." On November 29, Chen Yudong responded on his social media saying: "The knife is real, and the person who gave the knife is a good brother, not for price reduction."
Hefei issued 44 million yuan in consumer vouchers and Ideal launched a zero-interest financial plan. Local governments and car companies are competing for the year-end "consumption wave".
① On November 29, according to the Hefei Municipal Bureau of Commerce, from November 29 to December 8, 2024, new consumer vouchers for autos will be issued in Hefei, totaling 44 million yuan. ② On the same day, Li Auto announced a limited-time 0% interest policy until the end of the year. From now until December 31, users purchasing the Li L-series and Li MEGA can enjoy a minimum down payment financing plan with 0% interest for 3 years.
Express News | The Hang Seng Index rose by 1%, with xinyi solar and haidilao both increasing by over 5%.
Troubles within and without for American car manufacturers: Trump's tariffs and the "price war" in the China car market.
Tariffs may lead to price increases and a decrease in demand. Meanwhile, the fierce price competition in the china automotive industry will pose challenges for usa car companies' operations in china.
Daily Bull and Bear | The long and short situation has reversed! The Hang Seng Index night futures closed at 19,678 points, with bull certificates regaining the upper hand; Tencent has broken through HKD 400, with several bull certificates doubling and su
As of the market close, the total market turnover was 138.9 billion Hong Kong dollars; all warrants bull bear certificates totaled 12 billion Hong Kong dollars in turnover, accounting for 8.7% of the total market turnover, with a 4.7% proportion of good position and a 4.0% proportion of light position.
U.S. stock market closes | All three major indexes fall, Dell plummets over 12% after earnings; Chinese concept stocks warm up, Jinlong Index rises by nearly 3%; bitcoin rebounds sharply, microstrategy rises by nearly 10%.
The Dow ended a five-day rally, falling from record highs along with the S&P; small cap stocks struggled to rebound. Dell and hp inc plummeted over 10% after earnings reports. Chinese concept stocks rebounded by nearly 3%, while Ideal autos surged almost 7%.
Contemporary Amperex Technology vigorously attacks the billion-dollar level "new track".
Accelerate transformation.
Solid state batteries accelerate the reshaping of the lithium battery industry chain, eVTOL manufacturers call for breakthroughs in materials end | Focus on.
1. The contact mode between the solid state battery electrolyte and the active material has changed from solid-liquid contact to solid-solid contact, leading to a series of changes, including the attention to dry process technology and the corresponding equipment manufacturers are also iterating; 2. Solid-state batteries still face challenges in terms of cost and mass production; 3. The application end of eVTOL in the emerging industry xinxingchanye has attracted attention, with ehang believing that the current battery material end is still the bottleneck.
US stocks closed | The three major indices rose together, with Dow Jones and S&P hitting new highs; tariff threats dragged down auto stocks, general motors fell 9%
Waiting for PCE inflation, the Fed's November minutes support gradual rate cuts, temporarily suppressing US bond yields and the dollar while gold rallies. The Dow turns higher at the end of the day, hitting new highs for three consecutive days, while small cap stocks fall from the highest level in six days, with chip stocks down more than 1%, but nvidia rebounds by 0.7%. Tesla reverses its decline, Nio falls by 7.7%, Amgen's weight loss drug once fell by more than 12%, and Dell falls more than 9% after hours.
The Battery Film Special Committee advocates: resist "involutionary" vicious competition. Listed companies respond: prices will definitely return to rational levels in the future.
① The Battery Film Specialized Committee of the China Plastics Processing Industry Association advocates that the battery separator industry should not engage in price wars or market share disputes; ② Shenzhen Senior Technology Material stated that currently many small manufacturers are selling at a loss, and prices will definitely return to a more rational state in the future.
Cui Dongshu: Pickup truck market sales in October were 41,000 units, a 1% year-on-year decrease and a 9% month-on-month decrease.
In October 2024, 40,500 vehicles were produced, a year-on-year decrease of 4%; in October, 41,000 pickup trucks were sold, a year-on-year decrease of 1%, a month-on-month decrease of 9%, at the median level in the past 5 years.
Under the dual pressures of 'price wars' and electrification transformation, this year will see 4,000 4S stores close down. Traditional dealers are 'abandoning' rbob gasoline vehicles and embracing new energy.
① The deputy secretary-general of the China Automobile Dealers Association, Lang Xuehong, recently predicted that the number of 4S stores expected to withdraw from the market this year will reach 4,000. ② In the past year, more than 40 traditional luxury brand dealers have chosen to switch to Nio. ③ Zhongsheng Hldg announced that it has signed a preliminary agreement with Chongqing Sokon Industry Group Stock, and both parties agree to further negotiate on the cooperative distribution of new energy fund.
Niu Sen openly challenges Trump: If you cancel electric vehicle subsidies, California will pay for it themselves.
① Newsom stated that if the Trump administration cancels the federal tax credit, California will restart its own subsidy program; ② According to the latest data, the total number of zero-emission autos sold in California has exceeded 2 million; ③ During Trump's first term, a dispute occurred with Newsom regarding automobile emission standards.
Express News | UBS Group: Anticipates that setting a minimum price will be positive news for chinese auto companies.
NIO quietly awaits an outbreak two years later
Gaining momentum.
China Automobile Dealers Association: It is expected that the retail sales of electric vehicles in November will reach 1.28 million, with a penetration rate of approximately 53.3%.
According to the China Automobile Dealers Association's preliminary estimates, the total retail market size of narrow passenger vehicles in November is about 2.4 million vehicles, an increase of 15.4% year-on-year, a 6.1% increase from the previous month. The retail sales of new energy vehicles are expected to reach 1.28 million, with a penetration rate of approximately 53.3%.
"Northvolt, the contemporary amperex technology in europe, has filed for bankruptcy protection, having only one week of cash left."
After failing to secure rescue funding, the Swedish battery manufacturer Northvolt AB filed for bankruptcy protection in the USA, with only a week's worth of cash left in the troubled company's account.