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The three major manufacturers simultaneously disclosed their mass production plans, and under the "equal rights for intelligent driving", L3 level autonomous driving is entering a "countdown" phase.
On March 18, Chery, Guangzhou Automobile, and ZEEKR successively released their intelligent driving solutions and disclosed the mass production timetable for Level 3 autonomous driving. Chery Autos will bring "intelligent driving equality" down to the price Range of 0.06 million yuan. The full launch of "intelligent driving equality" and the accelerated implementation of Level 3 autonomous driving is backed by the collaborative efforts of the entire Industry Chain.
Hong Kong stocks fluctuate | BRILLIANCE CHI (01114) rises over 4%, Morgan Stanley indicates the company issued a profit warning but it is still slightly better than the market's lowered expectations.
BRILLIANCE CHI (01114) rose over 4%, as of the time of writing, it rose 4.06%, priced at 2.82 Hong Kong dollars, with a transaction volume of 81.098 million Hong Kong dollars.
China Races to Deploy Its Autonomous Vehicles to Overtake Tesla
Hong Kong stock morning report | The Ministry of Commerce will organize the pilot reform of the Autos circulation Consumer. The Chinese concept stock Golden Dragon Index closed at a 37-month high.
① The Ministry of Commerce stated that it will organize a pilot program for reforms in Autos circulation Consumer. ② OECD has lowered its Global economic growth forecast. ③ USA investment bank Lazard: It is expected that under inflationary pressure, the Federal Reserve will not cut interest rates in 2025. ④ Tesla China launched a free FSD experience event: lasting for 1 month.
Morgan Stanley: Maintains BRILLIANCE CHI (01114) 'Shareholding' rating with a Target Price of HKD 5.5.
Based on implied profit and the company's dividend guidance, the bank maintains the expectation of a recurring dividend distribution of 30 to 50 Hong Kong cents per share for the fiscal year 2024.
Brilliance China Automotive: Weak Performance by Associate BMW Brilliance Automotive Hurt Results
