Ping An Securities: The era of extended-range vehicles 2.0, resonance of expansion and iteration.
The trend of range extender vehicle expansion is certain, and technological iterations (higher pure electric range, super-fast charging, and improved low-temperature performance) along with cost advantages will provide range extender vehicles with several times the capacity for expansion in the medium to long term.
Morgan Stanley: Jiangxi Consumers purchasing mobile phones and tablets enjoy a 15% subsidy, and other provinces are expected to follow, with companies like Xiaomi Group being the main beneficiaries.
Morgan Stanley released a research report stating that Jiangxi Province has announced a subsidy of 15% of the final Fill Price for individual consumers who purchase Smart Phones and tablets at participating merchants, with each subsidy not exceeding 1,000 yuan. The firm pointed out that Jiangxi is the third province in mainland China to announce such a policy and believes that other provinces may follow suit. The firm stated that the subsidy policy will serve as a short-term Bullish catalyst for Smart Phone OEM production and the supply chain, and believes that Xiaomi Group (01810), Sunny Optical (02382), AAC TECH (02018), and BYD Electric will benefit.
A year-on-year increase of 32%! Global electric vehicle sales have set historical highs for three consecutive months, with China accounting for 70% of the market.
The performance of the China market is impressive, with sales in November growing by 50% year-on-year to reach 1.27 million vehicles, accounting for about 70% of Global total sales. Overall Auto sales in China for November increased by 16.6% compared to the previous year, marking the highest growth rate since January this year. BYD is expected to exceed the annual Global sales target and surpass Ford and Honda.
Xiaomi Begins Preparations for Selling Cars in Overseas Markets, Report Says
Xiaomi's 103% Rally Puts EV Dark Horse on Brink of Stock Record
【Special Guest】Guo Jiayao: There are no surprises in the content of the Central Economic Work Conference, and the Index is expected to test the support at 20,000 points.
Jinguo Finance News | The performance of the US stock market fell on Thursday, as the growth rate of the Producer Price Index in the USA accelerated, stimulating an increase in bond yields, which led to a correction in the market after several days of gain, with all three major indices recording losses at market close. The US dollar showed strong performance, and the yield on the ten-year Treasury rose to 4.33%. Gold prices saw a significant adjustment, and oil prices declined. H-share pre-market securities generally fell, and it is expected that the market will open lower in early trading. The mainland stock market performed well yesterday, with the SSE Composite Index opening low and closing high, rising 0.9%, and the trading volume in both the Shanghai and Shenzhen stock markets also increased. The Hong Kong stock market rebounded following the mainland market, with the Index fluctuating positively, while overall trading volume remained light. The content of the Central Economic Work Conference has not bee
Who might be the supplier for the Xiaomi YU7?
Xiaomi Autos is once again making waves in the automotive circle! The first SUV model, YU7, has been officially announced, and is expected to be launched in mid-2025. Xiaomi is ambitious and has raised its annual sales target to 120,000 units after completing a delivery volume of 100,000 units ahead of schedule. In a Research Report released on the 12th, UBS Group predicts that with the addition of the new model YU7 and the enhancement of production capacity, total sales of Xiaomi Autos in 2025 are expected to double to 260,000 units. The supply chain for the YU7 is gradually coming to light. UBS Group believes that companies such as Topband, FUYAO GLASS, Minth, Huayang, NEXTEER, and Keboda Technology are likely to become partners of Xiaomi, providing components for the YU7.
China's Auto Sector Gets Boost From National Trade-in Policy in November
Li Bin of NIO: The entry of Technology companies like Huawei and Xiaomi has brought significant changes to the Industry.
On December 12, NIO founder Li Bin stated to the media that the competition in the electric Autos Industry is intense, and in two to three years, it will be clear who can remain at the table. The Industry is in a higher-dimensional competition, which is not just about products, Technology, and services, but also multi-dimensional and comprehensive competition, with no weaknesses allowed. Companies like Huawei and Xiaomi entering the field have greatly changed the Industry, while traditional Autos companies are making significant investments and Ventures are also building their capabilities comprehensively. (Sina Technology)
China Auto Body Seeks Subsidy Extension as EV Exports Take Hit
[Brokerage Focus] Guoyuan International expects domestic Autos demand to remain stable next year, with independent brands' market share continuing to rise.
Jinwu Financial News | Guoyuan International has released the investment strategy for the Autos Industry in 2025. In terms of complete vehicles, it is expected that domestic Autos demand will remain stable overall next year, with independent brands continuing to gain market share. However, the intensity of market competition is expected to remain fierce, with price pressures continuing to impact the entire supply chain system. The competitive advantage of China's Autos Industry is generally strengthening, and if there are no significant changes in the international trade environment, the trend of export growth is likely to continue. The bank recommends industry leader BYD Company Limited (01211) (already covered): the company has a vertically integrated advantage in electric vehicle development and is vigorously advancing.
Major bank rating | JPMorgan: The momentum of Xiaomi's electric vehicles will continue, rating "Shareholding".
JPMorgan published a research report indicating that Xiaomi Group announced it will launch its second electric vehicle, named Xiaomi YU7, in mid-next year; it is an SUV model. The expansion of the electric vehicle Business product portfolio reflects the group's capability to enter the electric vehicle market, which has exceeded market expectations. The delivery target for the first electric vehicle, Xiaomi SU7, has also been raised twice, and the gross margin for the electric vehicle Business in the first two quarters has reached a mid-to-high level, far surpassing the market's initial expectation of only a slight gross margin. JPMorgan indicated that it is currently waiting for the group to announce more details regarding the new vehicle's range, pricing, and Battery, believing in the strong sales momentum of the SU7 and the core business of the group along with the electric vehicle Business.
Hong Kong stock morning report on December 11: Citic Lyonn claims to be Bullish on the KUAJINGZIJIN flow and IPO recovery of the Hong Kong Stock Exchange, with SenseTime's share placement financing nearly 2.8 billion Hong Kong dollars directed towards cor
① CITIC Securities is Bullish on the flow of KUAJINGZIJIN and the recovery of IPOs at the Hong Kong Stock Exchange. ② SenseTime's share placement financing of nearly 2.8 billion yuan is used for the development of core Business. ③ HUA HONG SEMI's 12-inch production line at the Wuxi base has been completed and is in production. ④ The Shanghai Stock Exchange will review Guolian Securities' additional share issuance and acquisition matters next week.
Xiaomi's Next EV Is the YU7, a Tesla Model Y Competitor for the Chinese Market
Lei Jun wants to dethrone the Model Y.
There is still a need to overcome the capacity challenges.
Xiaomi To Challenge Tesla And BYD With New Electric SUV In 2025
Xiaomi's second car YU7 has been filed, goldman sachs: expected to become one of china's best-selling high-end new energy SUVs.
Goldman Sachs stated that, given the strong sales of SU7 which exceeded expectations, and that YU7 has advantages in dimensions, power system, and range compared to similar SUV models, it has the potential to become one of the best-selling high-end new energy fund SUVs in China. Additionally, the SU7 and YU7 share the Xiaomi manufacturing platform, which is expected to improve the gross margin of the autos business.
Xiaomi Shares More Images of YU7 SUV After Core Specs Revealed in Filing
[Brokerage Focus] Goldman Sachs is bullish on the demand prospects for Xiaomi (01810) YU7, expecting the average selling price of YU7 to still have potential for growth.
Jinwu Financial News | Goldman Sachs released a research report indicating that Xiaomi Group (01810) has submitted its second electric vehicle, the Xiaomi YU7, to the Ministry of Industry and Information Technology, with management expecting a launch in June or July 2025, consistent with the bank's hypothesis that the second model will begin mass production in July 2025. The bank is bullish on the demand outlook for the Xiaomi YU7, believing that this model has the potential to become one of the best-selling high-end electric vehicle SUVs in China and is confident that the average selling price assumption for the Xiaomi YU7 still has upward potential. The bank will wait for more details on the specifications and pricing of the Xiaomi YU7 in the next six months. Despite the scheduled release date, the...
Xiaomi Teases Tesla-Like SUV for Summer in Big EV Expansion