The EV Growth Story Is Far From Over: 2024 Highlights and 2025 Outlook
Express News | Today, a total of 577 Hong Kong stocks were short-sold, with a total short-selling amount of 18.082 billion HKD.
The Ministry of Commerce announced that policies such as trade-in for new products have driven related sales exceeding 1.3 trillion yuan.
The State Council Information Office held a series of press conferences on the achievements of high-quality economic development in China, introducing the situation regarding business work services for high-quality development. Li Yongzhu, Deputy Representative for International Trade Negotiations of the Ministry of Commerce, stated that domestic consumption grew steadily last year. In the first 11 months, the total retail sales of consumer goods reached 44.3 trillion yuan, a growth of 3.5%. Li Yongzhu pointed out that policies like replacing old products with new ones drove sales of automobiles, household appliances, and home renovation and kitchen products to exceed 1.3 trillion yuan (RMB). Among them, green and smart products are particularly popular, especially new energy vehicles, first-level energy-consuming household appliances, smart home products, and so on. From the perspective of service consumption, with the
China's EV Sector May Face Low Season in First-Quarter -- Market Talk
Express News | Iflytek Co.,ltd., Chery, Lenovo, NIO, and others have established private equity fund management companies.
Auto stocks generally declined, BRILLIANCE CHI (01114) fell by 4.46%. Morgan Stanley predicts that a price war may start after the Lunar New Year holiday.
Jinwu Financial News | Auto stocks generally pulled back, BRILLIANCE CHI (01114) fell by 4.46%, Great Wall Motor (02333) fell by 3.6%, Geely Automobile (00175) fell by 3.15%, LEAPMOTOR (09863) fell by 2.8%, and NIO (09866) fell by 2.31%. GTJA stated that the 'Two New' policy plan will be implemented in 2025, with subsidies strengthened and expanded. As some state-owned auto companies enhance reforms and collaborate with external partners, the bank believes that the transformation of central state-owned enterprises in the automotive sector will become one of the important investment directions in the industry by 2025. The bank expects the mid-to-high-end automotive market to accelerate by 2025.
Express News | Most of the Hong Kong stock automobile shares weakened, with BRILLIANCE CHI falling over 4%.
【Brokerage Focus】GTJA expects that the transformation of state-owned enterprises in the automotive industry in 2025 will become one of the important investment directions in the Industry.
Jinwu Finance News | GTJA states that the "Two New" policy scheme will be implemented in 2025, with enhanced subsidies and expanded coverage. As some state-owned car manufacturers strengthen reforms and partnerships, this bank believes that the transformation of central and state-owned enterprises in the automotive sector will become one of the important investment directions in the Industry in 2025. The bank anticipates accelerated growth in the mid-to-high-end Autos market in 2025, with promising prospects for domestic substitution. According to data from the Passenger Car Association, the proportion of Passenger Vehicles priced over 0.3 million in the All Market rose from 10.7% in 2021 to 13.2% in January-November 2024, showing an expansion trend. The market share of independent brands in the Passenger Vehicle segment above 0.3 million is relatively low.
Daily Bull and Bear | The funds in the rotation have experienced a net inflow for two consecutive days! The Hang Seng Index rebounded by 2% yesterday, with 18,600 points nearly doubling profits; WEIMOB INC surged by 26%, making a profit of 121% on one war
The Hang Seng Index night futures closed at 19,217 points, down by 35 points or 0.182%; the Net Inflow of short positions in the Hang Seng Index was 77 million HKD, and the inflow of funds for the top five positive stocks and Index were: Tencent, Alibaba, Hong Kong Exchange, Ping An, and Meituan.
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.
NIO Inc Options Spot-On: On January 14th, 95,825 Contracts Were Traded, With 3.46 Million Open Interest
On January 14th ET, $NIO Inc(NIO.US)$ had active options trading, with a total trading volume of 95,825 options for the day, of which put options accounted for 18.69% of the total transactions, and
10 Consumer Discretionary Stocks Whale Activity In Today's Session
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.
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%
U.S. stocks moving differently|NIO rebounds about 2% before the market opens, likely to stop a 4-day decline. Yesterday, it reached a 4-month low.
Gelonghui, January 14 | NIO (NIO.US) rose by 1.7% in Pre-Market Trading, reaching $4.13. The stock had previously fallen for four consecutive days, setting a new four-month low. In recent news, NIO, Xiaomi, Geely, and other automakers have announced their sales targets for this year, with several new forces vying for double growth. Among them, NIO's sales target for 2025 is to double compared to 2024, aiming for approximately 0.444 million vehicles. Additionally, NIO delivered a total of 221,970 new vehicles in 2024, which is a year-on-year increase of 38.7%. Furthermore, as one of the most powerful parts of NIO's systematic competitiveness, the company has built over 3,000 battery swap stations nationwide to date.
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%;
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.