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IDC: Top Ten Insights into the Auto Market in China for 2025.
IDC predicts the market for 2025 based on the latest trends in the Technology industry and the recent development of the China Autos market.
Automotive Sector To Remain Robust In 2025 Supported By EV Incentives
Hong Kong stock market midday review | All three Indexes rose, Semiconductors and Tencent Related stocks strengthened, Weimob surged over 16%, Semiconductor Manufacturing International Corporation rose over 10%, and Tencent increased over 3%.
Network Technology stocks generally fell, KUAISHOU-W dropped 4.65%, Alibaba-W fell 3.32%; many Coal Industrial Concept stocks declined, SOUTHGOBI fell 8.50%, China Coal Energy dropped 5.01%; Mobile Game stocks rose, BOYAA fell 5.06%, TENCENT increased 3.08%;
Hong Kong stocks are moving differently | Electric Vehicle stocks are rising, with the year-end peak season combined with the trade-in policy increasing the volume. The Industry continues to maintain a high prosperity trend.
The stocks of Electric Vehicles are rising. As of the time of writing, NIO-SW (09866) is up 5.48%, priced at 36.55 Hong Kong dollars; LEAPMOTOR (09863) is up 4.19%, priced at 32.3 Hong Kong dollars; Li Auto-W (02015) is up 2.91%, priced at 93.7 Hong Kong dollars.
Hong Kong stocks moving | Li Auto-W (02015) rises over 3% as it collaborates with the Aerospace Material Institute to jointly develop aerospace-grade Battery thermal insulation materials.
Ideal Autos-W (02015) rose over 3%, up 3.24% as of the time of writing, priced at 94 Hong Kong dollars, with a transaction volume of 0.553 billion Hong Kong dollars.
Hong Kong stocks are fluctuating丨New energy stocks are rising, with NIO up nearly 6% and Leapmotor up nearly 4%.
On December 20, according to Gelonghui, NIO's stock rose by 6%, LEAPMOTOR rose by nearly 4%, and other companies like Ideal Auto and Xpeng Motors followed suit. In the news, the Ministry of Finance recently issued a notice on "Strengthening System Implementation and Further Promoting the Improvement and Efficiency of Administrative and Institutional State-Owned Asset Management." It stated that strict management of official vehicle quotas should be enforced, with reasonable allocation of official vehicles within the quota, and encouragement to use New energy Fund vehicles, gradually increasing the ratio of New energy Fund vehicles according to regulations. According to the Ministry of Commerce data, as of December 13, the "Double New" subsidy policy for 2024 has driven Passenger Vehicle sales to exceed 5.2 million units, of which scrapped and updated vehicles are over.