Hong Kong and A-shares are in high spirits! How much room is left in the market under the new round of policies?
Interest rate-sensitive growth stocks, export chains driven by usa real estate demand, Hong Kong stocks local dividends and real estate, all show greater resilience in this round of rise.
Cui Dongshu predicts that mainland automobile retail sales will reach 22.3 million vehicles this year, indicating that mainland automobiles will not be 'choked'.
China Passenger Vehicle Market Information Joint Secretary-General Cui Dongshu stated at the 'World New Energy Automobile Conference' that mainland China's retail sales volume of automobiles is expected to reach 22.3 million vehicles in 2024, with a 3% annual growth rate. The retail sales volume of new energy passenger vehicles in mainland China is expected to reach 10.4 million vehicles, with a 34% annual growth rate. At the end of last year, the China Passenger Car Association estimated that the mainland's retail sales volume of passenger vehicles in 2024 would be 22.2 million vehicles. In addition, Cui Dongshu mentioned that China plays an important role in the rapid transformation of global new energy automobiles, believing that China's automotive industry will not be 'neck and neck' as the mainland's supply chain has a strong foundation in consumer electronics.
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