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Smart Access Hong Kong Stock Short Selling Statistics | November 28.
Hong Kong stock short-selling statistics | November 28th
Geely autos (00175.HK) received the shareholding of 24.2 million shares by the executive director and chairman Li Shufu.
According to the latest equity disclosure information from the Hong Kong Stock Exchange, from November 26th to November 27th, 2024, Geely autos (00175.HK) were personally shareheld by director Li Shufu (Chairman) at an average price of 13.01-13.11 Hong Kong dollars per share, totaling 24.2 million shares, involving approximately 0.316 billion Hong Kong dollars. After the shareholding, Li Shufu's latest number of shares held is 4,169,058,000 shares, and the shareholding ratio has increased from 41.19% to 41.40%.
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[Brokerage Focus] Citi points out that the retail sales of new energy autos in China are stable, and the growth rate of plug-in hybrids and extended-range electric vehicles will be higher than pure electric ones.
Jinwu Financial News | Citibank's research reports indicate that retail sales of new energy fund vehicles in china are expected to grow by +31%/-41%/+25% quarter-on-quarter in the fourth quarter of 2024/first quarter of 2025/second quarter of 2025, with a more robust year-on-year growth of 66%/34%/26%. The year-on-year changes for internal combustion engine autos are -4%/-39%/-42%. This is mainly due to 1) the shift in consumer behavior in china towards advanced driver-assistance systems (ADAS) and relatively inexpensive plug-in hybrid vehicles with lower operation costs compared to internal combustion engine autos.
Under the dual pressures of 'price wars' and electrification transformation, this year will see 4,000 4S stores close down. Traditional dealers are 'abandoning' rbob gasoline vehicles and embracing new energy.
① The deputy secretary-general of the China Automobile Dealers Association, Lang Xuehong, recently predicted that the number of 4S stores expected to withdraw from the market this year will reach 4,000. ② In the past year, more than 40 traditional luxury brand dealers have chosen to switch to Nio. ③ Zhongsheng Hldg announced that it has signed a preliminary agreement with Chongqing Sokon Industry Group Stock, and both parties agree to further negotiate on the cooperative distribution of new energy fund.
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102205868 (Tay) : Dear all please careful.
Cui Nyonya Kueh OP 102205868 (Tay) : Thank you for warning others
Zenith9 : Hi, would you pls stop posting useless info? Act like a value investor investigating their business and product plz.
Cui Nyonya Kueh OP : You that Li Auto promoter... Hope everyone listen to a fake account less than 10 followers
Chris Ivan Ang : Numbers don’t lie. Of all the EV producers, $Li Auto (LI.US)$ and $BYD Company ADR (BYDDY.US)$ are profitable based on margins. $NIO Inc (NIO.US)$ and $XPeng (XPEV.US)$ have a long way to go. I bet my money on $Li Auto (LI.US)$
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