No Data
Nio Firefly Reveals Body Color Options, Launch Set for Apr 19
Futu Daily | The storm of Trump's tariffs is coming! On April 2, the Global financial markets may face "turbulent waves;" the Treasury makes a significant move, injecting 500 billion into the four major state-owned banks.
CoreWeave's IPO in the USA saw its opening price drop below the offering price on the first day, falling more than 6% during the day before closing flat; former Silicon Carbide giant Wolfspeed plummeted by 50%! The funding from the chip legislation remains undecided, and the Convertible Bonds refinancing encounters obstacles.
Li Bin: NIO's placement reaction exceeded expectations; Operation pressure is high and cost reduction and efficiency improvement is needed.
Regarding the previously implemented share placement, according to reports from Mainland China, Li Bin, the founder, Chairman, and CEO of NIO-SW (09866.HK)(NIO.US), stated during an interview at the "China Electric Vehicle Hundred People Forum" that this Hong Kong share placement was completed in one day, with many long-term investors continuing to invest, and the overall market reaction was very good, even better than expected. Li Bin mentioned that the Earnings Reports for the fourth quarter of last year had just been released, indicating that by the end of last year, cash reserves were still at 41.9 billion yuan. This year, a profit target for the fourth quarter has been set, but in the previous quarters, it was still in the investment phase, with new car launches and battery swap networks requiring funding.
Hong Kong Stock Morning Report | The State Administration for Market Regulation is reviewing CKH HOLDINGS' port Trade. CHINA RES GAS reported a net profit decrease of over 20% year-on-year last year.
① Trump: Any tariff agreement will be reached after the measures take effect on April 2. ② State Administration for Market Regulation: Review of CKH HOLDINGS port Trade will be conducted in accordance with the law. ③ Four major Banks, including Bank of China, China Construction Bank, Agricultural Bank of China, and Postal Savings Bank, announced plans for a private placement to introduce strategic investment from the Ministry of Finance, with a total amount of 500 billion yuan. ④ Gou Ping, Deputy Director of the State-owned Assets Supervision and Administration Commission: Strategic restructuring of state-owned automobile enterprises.
Cui Dongshu: Predicting 23.64 million retail sales of Passenger Vehicles in 2025, a 3% growth.
2025 Passenger Vehicle retail forecast: 23.64 million units of Passenger Vehicle retail in 2025, an increase of 3%, with the forecast total increasing by 0.21 million units compared to the February forecast.
At this forum, the big names in the auto industry gathered! Besides the price war and Asia Vets, what else did Lei Jun, Wang Chuanfu, and Li Xiang discuss?
The first performance at the annual meeting of Lei Jun's hundred-person event, Li Bin talks about profitability, while He Xiaopeng and Li Xiang discuss the future.