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Tesla Model Y Could Lose Bestselling Title In Europe To This Non-EV Car
Automotive Sector To Remain Robust In 2025 Supported By EV Incentives
Financial Associated Press Autos Morning News [December 20th]
① The Passenger Vehicle retail market is expected to be around 2.7 million units in December, an increase of 14.8% year-on-year and a growth of 11.4% compared to the previous month; ② Reporters learned from several informed sources that Chongqing Sokon Industry Group Stock may go for a secondary listing in Hong Kong and will hire China Securities Co., Ltd. and China International Capital Corporation as its listing sponsorship team.
BYD Opens New Branch in Bristol and Warwick, UK, Marking a Milestone in Electric Vehicle Expansion
The number of auto finance companies penalized this year has increased to three, with BYD Auto Finance receiving the fine. The related Trade amount for 2023 is approximately 29.2 billion yuan.
① Risk control levels and due diligence capabilities remain key areas of focus for Institutions. Furthermore, with the continuous improvement of the financial consumer protection mechanism, violations related to financial consumer protection have become a "red line" that Institutions need to pay special attention to. ② With the national government introducing various supportive and guiding policies for New energy Fund, New energy Fund loan Business may become a new opportunity for transformation and development for Autos finance companies.
[Hong Kong Stock Connect] SUNNY OPTICAL (02382) rose nearly 5% in the afternoon, with Institutions expecting the company is on the road to recovery.
King Wu Financial News | SUNNY OPTICAL (02382) surged near noon, fluctuating higher in the afternoon, as of the time of writing, up 4.72%, priced at 70.95 Hong Kong dollars, with a transaction volume of 0.901 billion Hong Kong dollars. IDC Consulting released a research report on the top ten insights into China's Smart Phone market for 2025, pointing out the central government's determination to improve market confidence, promote economic stabilization and recovery, which will stimulate Consumer spending further, and may increase subsidies for Smart Phones, encouraging more consumers to upgrade their devices. The current forecast estimates that the shipment volume in China's Smart Phone market will reach 0.289 billion units by 2025, with an annual growth of 1.6%, while the shipment volume will remain stable in the coming years.
