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[Brokerage Focus] Goldman Sachs maintains a "buy" rating on contemporary amperex technology (300750) and is bullish on its plans to build a factory in the usa.
Jinwu Financial News | Goldman Sachs released a research report indicating that the chairman of Contemporary Amperex Technology revealed that the company is considering the possibility of building a factory in the USA. If the Trump administration allows Chinese companies to invest in the USA's electric vehicle supply chain, Contemporary Amperex Technology is expected to increase its market share in the battery sector in the USA. Goldman Sachs believes that this move will help alleviate investors' concerns about geopolitical risks and may enhance the company's valuation multiples. The report mentions that Contemporary Amperex Technology currently has a small market share in the USA, primarily licensing battery technology to auto manufacturers, including Ford and Tesla. Goldman Sachs expects that if Contemporary Amperex Technology can establish a battery plant in the USA, its
Hong Kong stock market anomaly | autos industry chain across the board slump, Trump reiterates imposition of tariffs on Mexican autos, EU electric autos anti-subsidy case still under negotiation.
The automotive industry chain plummeted across the board, as of the time of publication, Nexteer (01316) fell 11.38%, to HKD 2.96; Xpeng Auto-W (09868) fell 8.5%, to HKD 46.3; Great Wall Motor (02333) fell 4.39%, to HKD 14.82; Meidong Auto (01268) fell 9.43%, to HKD 2.4.
Nexteer Automotive Upgraded to Overweight From Neutral at JPMorgan
There's Reason For Concern Over Nexteer Automotive Group Limited's (HKG:1316) Massive 30% Price Jump
Capital Allocation Trends At Nexteer Automotive Group (HKG:1316) Aren't Ideal
Hong Kong stocks are on the move | Auto parts stocks continue to rise recently, and the development of high-end intelligent driving and humanoid robot industry chains is accelerating, benefiting automotive companies and suppliers.
Auto parts stocks continued their recent upward trend. As of the time of writing, nexteer (01316) rose by 5.18%, to HK$2.64; minth group (00425) rose by 4.72%, to HK$14.64; wuling motors (00305) rose by 2.82%, to HK$0.365; zhejiang shibao (01057) rose by 0.48%, to HK$2.08.
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28282828 : Ya this was in the Strait Times this morning. Nio is taking the longest to pay the bills
71229336Bedbugguy 28282828 : Nio and tlry to join forces to replace management team
72734102 : China cars aren’t selling in EU! Tesla Leads as always!