Futu Morning Report | USA's December PPI unexpectedly cools down! Wall Street nervously prepares for CPI release day; quantum computing stocks rebound strongly, RGTI surges 48%.
In December, the USA's PPI unexpectedly cooled, growing by 0.2% month-on-month. The year-on-year growth of the December PPI and core PPI were 3.3% and 3.5% respectively, both the highest growth rates since February 2023; Biden has signed another executive order to accelerate the development of AI infrastructure.
US stocks closed with mixed results | The three major Indexes had varied performances, Quantum Computing stocks rebounded sharply, with RGTI surging 48%; China Concept Stocks saw a general increase, with Xiaopeng Autos rising nearly 7%.
① The seven tech giants all fell, with Meta down more than 5%; ② China Concept Stocks collectively rose, with the Nasdaq China Golden Dragon Index up 2.10%; ③ Eli Lilly and Co fell 6.6%, marking its worst single-day performance since March 2021.
Are foreign Autos brands "not appealing" anymore? Audi, BMW, and Porsche experience a significant decline in sales in China.
With the rise of local Autos brands in China, foreign Autos brands are experiencing a decline in sales in the country.
Shares of Chinese Stocks Are Trading Higher. China's Central Bank Reportedly Indicated It Would Take Measures to Support Economic Growth.
Express News | Ishares China Large Cap ETF up 2.3%, Kraneshares CSI China Internet ETF 3%
Express News | PDD Holdings up 2.9%, NetEase up 1.4%, Baidu up 2.3%
Express News | Li Auto up 4.2%, JD.com up 4.8%, NIO up 1.4%, Xpeng 8.9%
Express News | Chinese concept stocks are rising in Pre-Market Trading, with Xiaopeng Autos up over 10%, Bilibili and Li Auto rising nearly 5%, JD.com rising 4.4%, and PDD Holdings, Baidu, and Alibaba rising over 2%.
Hong Kong Market Quick Look | Hong Kong stocks were strong all day! The Hang Seng Index firmly held above the 19,000 mark, with the Tech Index rising over 3%; Tencent Related stocks surged, with Weimeng up over 26% and Youzan up over 8%.
Network Technology stocks rose, with JD-SW increasing by 5.35% and MEITUAN-W rising by 5.02%; CECEP Solar Energy stocks climbed higher, with FLAT GLASS up by 5.57% and FUYAO GLASS up by 5.06%; Autos stocks advanced, with LEAPMOTOR increasing by 13.00% and XPENG-W rising by 8.47%;
Guolian: In 2025, the policy for replacing old Autos will provide support, and the intelligent transformation will reach an accelerated turning point.
Looking ahead to 2025, with policy support, the total sales of Autos are expected to stabilize and rise; as the Industry Chain resonates, the intelligentization of Autos is entering an acceleration turning point.
Rho Motion: Global electric vehicle sales grew by 25% last year.
Research company Rho Motion announced that in December of last year, global sales of fully electric and plug-in hybrid Automobiles reached a record high for the fourth consecutive month, with annual sales growing by 25% to over 17 million vehicles. Under China's incentive measures and emission targets, electric vehicle sales in China are rising; the European market is stable, with the United Kingdom surpassing Germany last year to become the largest electric vehicle market in Europe. In December, global sales of fully electric and plug-in hybrid Automobiles grew by 25.6% year-on-year, reaching 1.9 million vehicles. Sales in China increased by 36.5% to 1.3 million vehicles, with total annual sales reaching 11 million vehicles.
Breaking through the "three mountains" and welcoming the "Entrepreneurship 2.0 era"? Many joint venture car companies are intensively releasing their product transformation Global Strategy in China.
① In 2024, the retail sales of mainstream joint venture Passenger Vehicles are 6.2989 million units, a year-on-year decrease of 15.7%, with a market share of 27.5%; ② According to the plan, in the next 20 months, FAW-Volkswagen's three major brands will launch 19 new models, encompassing multiple routes of "fuel", "electric", and "hybrid"; ③ The all-new pure electric long-wheelbase CLA will officially launch in 2025, equipped with the "Mapless" L2++ full-scene intelligent driving system.
New energy autos have generally risen, LEAPMOTOR (09863) increased by 16.5%, and China accounted for 64% of global electric vehicle sales last year.
Jingwu Financial News | New energy Autos generally rose, LEAPMOTOR (09863) increased by 16.5%, Xpeng Motors (09868) rose by 6.22%, BYD Company Limited (01211) rose by 3.77%, Guangzhou Automobile Group (02238) rose by 3.69%, Geely Automobile (00175) rose by 3.24%, Li Auto (02015) rose by 3.22%.
Guolian: How can large vehicle independent brands break into the high-end market?
The large vehicle market is experiencing dramatic changes, with domestic independent brands gaining market share.
Hong Kong Stock Market Midday Review | The Hong Kong Stock Market is aggressively rising! The Hang Seng Index has returned to the 19,000 mark, and the Technology Index has increased by more than 2%; Network Technology stocks are rebounding strongly, with
Network Technology stocks are rising, with MEITUAN-W up 4.44% and KUAISHOU-W up 4.12%; Biotechnology stocks are also climbing, with BEIGENE up 8.82% and Junshi Biosciences up 6.46%; Autos stocks are all up, with LEAPMOTOR up 15.00% and YADEA up 5.60%;
Four bullish factors come together! Hong Kong stocks and A-shares surge collectively, with the Hang Seng TECH Index rising over 2%, and foreign capital attitude is showing a shift.
Against the backdrop of a significant decline in the Japanese stock market, the A-shares market has shown impressive performance in the Asia-Pacific region. In the early trading today, the number of stocks that rose exceeded 5,000, and all three major Indices went up. The A50 even surged sharply, and the Hong Kong stock market was also boosted.
Express News | Ideal Autos: A total of 8 Ideal supercharging stations were put into Operation from January 6 to 12.
Exports converted to domestic sales, China's electric vehicle sales are expected to grow by 40% in 2024.
FX168 Financial News (North America) reports that on Monday (January 13), industry data showed that last year, the sales of various types of electric Autos in China increased by more than 40%, while the sales of gasoline-powered cars plummeted.
Investors Will Want Li Auto's (NASDAQ:LI) Growth In ROCE To Persist
The China Automotive Association: In 2024, auto production and sales will reach a new high, with annual production and sales of Electric Vehicles exceeding 10 million units for the first time.
In terms of Passenger Vehicles, production and sales continue to grow, maintaining the top global position for 16 consecutive years. The market share of China brand Passenger Vehicle sales has significantly increased compared to last year, and high-end brand Passenger Vehicle sales have also seen a year-on-year increase; regarding New energy Fund, it has ranked first globally for 10 consecutive years, with both production and sales surpassing 10 million units, and domestic sales growth approaching 40%, with a significant increase in market share compared to last year.