China NEV Sales Rise to New Record of 1.43 Million in Oct, CAAM Data Show

CnEVPostNov 11 02:16 ET

Hong Kong stock concept tracking | The first domestically produced controllable high-performance vehicle-grade MCU chip is released. There is enormous room for growth in domestic substitutes for automotive chips (including concept stocks).

From the perspective of the market structure, the current automotive chip market is still dominated by foreign companies.

Zhitong FinanceNov 10 22:10 ET

HK stock abnormal movement | dongfeng group (00489) rose more than 7%. Dongfeng domestic car standard MCU chip DF30 released.

Dongfeng Group (00489) rose more than 7%, as of the deadline for submission, up 7.45%, trading at 2.74 Hong Kong dollars, with a turnover of 0.117 billion Hong Kong dollars.

Zhitong FinanceNov 10 20:59 ET

New energy vehicles achieved a record high in retail sales in October, with a consecutive four-month market share of over 50%. China Association of Automobile Manufacturers: Expected to grow nearly 40% for the whole year.

①Caixin reporter's statistics show that in October, 14 A/H-listed vehicle companies achieved year-on-year growth, with 10 companies accounting for over 70%. ②Cui Dongshu predicts that the domestic sales volume of new energy passenger vehicles in the fourth quarter is expected to be 3.55 million units, a 39% year-on-year increase. The cumulative sales volume in 2024 is expected to be 10.68 million units, a 38% year-on-year increase.

cls.cnNov 8 05:05 ET

Passenger Vehicle Branch: In October, the new energy fund passenger vehicle market retail sales were 1.196 million vehicles, a year-on-year increase of 56.7%.

In October, the new energy passenger vehicle market retail sales reached 1.196 million vehicles, a year-on-year increase of 56.7% and a month-on-month increase of 6.4%. From January to October 2024, the retail sales were 8.327 million vehicles, a year-on-year increase of 39.8%. The domestic retail penetration rate of new energy vehicles in October was 52.9%, an increase of 15 percentage points compared to the same period last year.

Zhitong FinanceNov 8 03:34 ET

Xpeng P7+ listing stimulates H shares to rise by more than 18%. The automotive industry still needs to pay attention to two major challenges.

①How is the performance of Xiao Peng P7+ in the market? ②What are the unfavorable situations faced by Chinese automotive stocks currently?

cls.cnNov 7 21:26 ET