China Automotive Circulation Association: From December 23 to 29, 2024, the average daily trading volume of used cars rose to 0.0703 million units, an increase of 1.53% compared to the previous period.

The China Automobile Circulation Association released the weekly report on used cars (December 23, 2024 - December 29, 2024).

Zhitong Finance17minutes ago

CITIC Securities: Maintains Geely Autos' "Outperform Industry" rating with a Target Price of HKD 18.6.

CICC released a research report stating that it maintains Geely Autos (00175) as "outperforming the Industry". Due to the increased certainty of profitability in the New energy Fund Sector, the net income forecasts for 2024/2025 have been raised by 3.6%/20.8% to 16.6 billion yuan/13.3 billion yuan, with a target price of 18.6 HKD. Geely Autos has seen strong growth in new energy and export sales, exceeding last year's sales targets. According to the company's announcement, this year's sales target is set at 2.71 million vehicles, a year-on-year increase of 25%. The sales targets for the Geely brand/Lynk & Co brand/ZEEKR brand are set at 2 million/0.39 million/0.32 million respectively, reflecting year-on-year increases of 20%/30%.

Sina Hong Kong stocks16:33

Express News | BOCOM INTL: Caution is needed for the new round of price wars in the auto market, focusing on BYD, NIO, and XPeng.

Breakings15:50

Zeekr Targets 320,000 EVs In 2025 As Geely Pushes For Record 2.71 Million Deliveries

Benzinga15:18

Express News | CITIC SEC: The automobile consumption stimulus policy is expected to continue, and there are signs of dawn in the Industry.

Breakings08:34

Soochow: Tesla (TSLA.US) sales are steadily growing, with new car-making forces generally experiencing high growth.

From the sales perspective, Tesla (TSLA.US) had stable sales in Q3 2024, with new forces generally experiencing high growth, among which Xiaopeng and Leapmotor (09863) benefited from new model drives, showing impressive month-on-month growth.

Zhitong Finance06:37