China's Auto Sector Price Pressure May Persist Amid Intense Competition -- Market Talk
The traditional peak season at the end of the year combined with the "old-for-new" policy brings growth! The A-share Autos sector is experiencing strong fluctuations.
In November, monthly production and sales of Passenger Vehicles surpassed 3 million units for the first time. Institutions pointed out that the traditional peak season at the end of the year, combined with the "trade-in for new" policy, has increased the retail momentum in the Passenger Vehicle market.
U.S. stock market closing | The three major indexes had mixed results, with the Nasdaq increasing over 1% to reach a new high, while the Dow Jones fell for the eighth consecutive day; Broadcom surged over 11%, and Tesla rose over 6%, both reaching histori
The Dow Jones Industrial Average has recorded its longest losing streak since 2018; NVIDIA fell over 1%, marking its third consecutive decline; MicroStrategy, which was added to the Nasdaq 100 index, surged over 7% intraday before reversing to a loss, and Super Micro Computer, which was removed from the index, closed down over 8%. Chinese concept stocks fell over 2%.
NIO Inc Options Spot-On: On December 16th, 169.08K Contracts Were Traded, With 3.78 Million Open Interest
On December 16th ET, $NIO Inc(NIO.US)$ had active options trading, with a total trading volume of 169.08K options for the day, of which put options accounted for 19.95% of the total transactions,
The Hottest Auto Stock Over the Last Six Weeks Is Not Tesla
Report: Trump's transition team will revoke Biden's electric vehicle and emissions policies.
According to Reuters, the transition team's plan includes eliminating the Consumer tax credit for Electric Autos purchases, imposing tariffs on all Battery materials globally, and withdrawing Biden's support for Electric Autos and charging infrastructure.
U.S. Stock Outlook | Three major futures indexes rose collectively, with Tesla pre-market up nearly 1%, poised to set a historical high at the open; Goldman Sachs: The Federal Reserve will "skip" a rate cut in January, and may signal a slowdown in easing
Super Micro Computer fell nearly 14% before the market and was removed from the NASDAQ 100 Index component; Broadcom continues to rise 3% before the market, as Bank of America raised the Target Price to $250.
Express News | NVIDIA's Thor chip has been delayed in mass production, and Xiaopeng is considering postponing its adoption.
Trump Transition Team Proposes EV Policy Rollback
Express News | The Trump transition team plans to completely revoke Biden's electric Autos and emissions policies.
Express News | NIO's major shareholder acquires McLaren's sports car business.
Nio Surpasses 2,800 Swap Stations in China
Express News | NIO: The 2800th battery swap station has been established.
Meet Daniel Jin: Head of Nio Firefly, an Auto Industry Veteran
In November, China's industrial added value above the designated size increased by 5.4% year-on-year, with New energy Fund, Siasun Robot&Automation, and integrated circuits leading the growth.
From January to November, the added value of large-scale industries grew by 5.8% year-on-year. Among them, the production of New energy Fund vehicles, Siasun Robot&Automation, and integrated circuit products increased by 51.1%, 29.3%, and 8.7% respectively.
CITIC SEC: It is expected that stimulus policies for the Autos Industry will continue next year, and the dawn of the Industry has already appeared.
CITIC SEC released a Research Report stating that the probability of continuing the stimulus policies in the Autos Industry next year is high, and there are signs of the industry emerging from its internal competition.
Global EVs & Hybrids Sales Rose 32% YoY In November Partially Due To Sustainability Concern
NIO-SW (09866.HK): The main brand's high-end position remains solid, while the secondary brand's downward penetration accelerates in volume to reduce losses.
Company Global Strategy: NIO focuses on the market above 0.3 million yuan and continues to increase its market share. Ledao & Firefly are accelerating the volume of their battery swap business to turn losses into profits: ① NIO aims for the high-end market above 0.3 million yuan (in the pure electric market above 0.3 million).
Express News | NIO: Has filed a lawsuit against malicious rumor spreaders.
Cui Dongshu: In November, sedan retail sales were lower than SUV retail sales, and the SUV market is experiencing strong premiumization.
Various car manufacturers are also starting to use the Singles' Day Sales promotions and the mid-month Guangzhou Auto Show to increase Consumer attention, along with multiple favorable factors, collectively driving further enhancements in the heat of the car market in November.