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.
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.
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.
NIO Inc Options Spot-On: On January 13th, 135.08K Contracts Were Traded, With 3.51 Million Open Interest
On January 13th ET, $NIO Inc(NIO.US)$ had active options trading, with a total trading volume of 135.08K options for the day, of which put options accounted for 29.89% of the total transactions, and
NIO Inc. (NIO) Is Attracting Investor Attention: Here Is What You Should Know
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.
US stocks are moving; NIO pre-market rose about 1%, with this year's sales target doubling compared to 2024.
On January 13, Glen Report announced that NIO (NIO.US) rose 0.96% before the market, priced at $4.21. In terms of news, multiple car manufacturers announced their sales targets for 2025, among which NIO's sales target for 2025 is to double compared to 2024, aiming for approximately 444,000 units. Furthermore, NIO delivered a total of 221,970 new cars in 2024, a year-on-year increase of 38.7%. (Glen Report)
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.
Behind the "fast-driving" Electric Vehicles: New forces constantly reaching new heights, Xiaomi successfully takes its place.
In the December retail sales TOP10 list, 9 car companies experienced year-on-year growth, with only GAC Aion showing a decline; Apart from BYD, three other new car-making forces successfully "delivered on their promises" and achieved their sales targets for 2024.
China NEV Sales at Record 1.596 Million in Dec, CAAM Data Show
30 million units achieved, RBOB Gasoline Passenger Vehicles dropped nearly 20%. China Automotive Industry Association: In 2025, Electric Vehicles will impact 16 million units.
① The deputy secretary-general of the China Automotive Industry Association, Chen Shi Hua, predicts that total auto sales will reach 32.9 million vehicles in 2025, a year-on-year increase of 4.7%. Among these, the sales of new energy autos are expected to be 16 million units, a year-on-year increase of 24.4%. ② In the context of a comprehensive year-on-year decline in market share, it has become a necessary option for joint venture brands to intensify the "price war," with various promotional policies such as limited-time fixed prices, discounts of tens of thousands of yuan, and government subsidies.
China Automobile Association: The combined effect of policies is being released, and the auto market is expected to continue to show a stable and positive development trend this year.
The China Automobile Industry Association stated that the adverse effects brought by changes in the external environment are deepening, residents' confidence in consumption is insufficient, the endogenous driving force of automobile consumption is lacking, and the industry's competition is intensifying, putting continued pressure on profitability. The current economic running of the automobile industry still faces numerous difficulties and challenges. Earlier, the National Development and Reform Commission and the Ministry of Finance issued a notice regarding "the implementation of large-scale equipment updates and the replacement of old consumer goods with new ones by 2025." It is believed that with the introduction and implementation of a series of policies, the combined effect of the policies will be continuously released, further tapping into the potential of the automobile market.
Express News | The China Automobile Association: In December 2024, the sales of New energy Fund vehicles will be 1.596 million units, a year-on-year increase of 34%.
MORGAN STANLEY's investment ratings and Target Prices for mainland Electric Vehicles stocks (table)
Morgan Stanley has released a research report, listing the investment ratings and target prices for domestic Electric Vehicles stocks as follows: Stock | Investment Rating | Target Price (HKD) Xpeng Motors - W (09868.HK) | Shareholding | 66.4 HKD → 76 HKD NIO - SW (09866.HK) | Shareholding | 47.4 HKD → 45.8 HKD Li Auto - W (02015.HK) | Shareholding | 111 HKD → 124 HKD BYD Company (01211.HK) | In line with the market | 230 HKD → 270 HKD Geely Automobile (001