Hefei issued 44 million yuan in consumer vouchers and Ideal launched a zero-interest financial plan. Local governments and car companies are competing for the year-end "consumption wave".

① On November 29, according to the Hefei Municipal Bureau of Commerce, from November 29 to December 8, 2024, new consumer vouchers for autos will be issued in Hefei, totaling 44 million yuan. ② On the same day, Li Auto announced a limited-time 0% interest policy until the end of the year. From now until December 31, users purchasing the Li L-series and Li MEGA can enjoy a minimum down payment financing plan with 0% interest for 3 years.

cls.cn00:07 ET

【Brokerage Focus】Industrial Securities maintains a "buy" rating on Xiaomi Group (01810) and is bullish on the company's strategy for high-end smartphones.

Jinwu Financial News | Industrial Securities released a research report indicating that Xiaomi Group (01810) had a revenue of 92.5 billion yuan in Q3 2024 (in RMB, the same below; YoY +30.5%, QoQ +4.1%), which is higher than Factset's consensus expectation of 91.2 billion yuan. The net income was 5.34 billion yuan (YoY +9.7%, QoQ +5.3%), exceeding Factset's consensus expectation of 4.846 billion yuan. The Non-IFRS net income was 6.252 billion yuan (YoY +4.4%, QoQ +1.2%), which is also above Factset's consensus expectation of 5.961 billion yuan.

Jingwu Financial News19:56 ET

Zhitong Hong Kong Stock Short Selling Statistics | November 29

Hong Kong stock short-selling statistics | November 29.

Zhitong Finance19:20 ET

Grow With Xiaomi: Building a Sustainable Open Ecosystem for Apps, Services and Contents

PR NewswireNov 28 03:48 ET

China Automobile Circulation Association: From November 18 to 24, the average daily trade volume of used cars was 0.0655 million vehicles, a decrease of 1.76% compared to the previous period.

In the third week of November, the daily average trading volume of used cars was 65,500 vehicles, a decrease of 1.76% compared to last week, but an increase of 2.1% compared to the same period in October.

Zhitong FinanceNov 28 03:23 ET

gtja: Cloud applications and terminal asia vets drive industrial upgrades; AI track companies are welcoming significant development opportunities.

Tai Jun An released a research report stating that with the acceleration of AI application processes and the continuous emergence of scenario implementation cases, coupled with the dual drive of cloud applications and asia vets for industrial upgrades, companies in the AI track are ushering in important development opportunities.

Zhitong FinanceNov 27 17:28 ET