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Cui Dongshu: In January and February, China's imported Autos were 0.056 million units, a year-on-year decrease of 46%.
In 2024, 0.7 million Autos were imported, a decrease of 12% compared to the previous year. Currently, in January and February 2025, 0.056 million Autos were imported, a decrease of 46% year-on-year, indicating significant ongoing pressure on imported vehicles.
Li Auto Aims to Sell 700,000 Cars in 2025, Report Says
The sales target for Ideal Autos in 2025 is 0.7 million vehicles? The official response is not yet available.
Sina Technology reported that on the afternoon of March 31, it was mentioned that Li Auto’s sales target for this year is 0.7 million vehicles. However, the expectations for pure electric products differ internally and within the supply chain. The report also mentioned that an insider from Li Auto stated that the company's internal expectations for two upcoming pure electric models, the i8 and i6, are relatively conservative, with a projected total of only 0.05 million vehicles. "Essentially, we are treating pure electric as a process of moving from 0 to 1, rather than from 1 to 10; we cannot take too big steps." In response, Sina Technology inquired with Li Auto’s official representatives, but as of the time of publication, there has been no response.
Is the New energy Fund market undergoing a "change of weather"? There is a high consensus among industry, academia, and research: range-extended vehicles are the future mainstream.
① Academician Yang Yusheng of the Chinese Academy of Engineering pointed out that range-extender vehicles are not a transition, but the future global Block Orders, whose green, safe, and long-range characteristics will support Carbon Neutrality. ② Liu Liguo, Senior Vice President of Ideal Autos, suggested that hybrid vehicles with an all-electric range of over 150 kilometers should be included in the New energy Fund green license plate system, achieving equal status for range-extender models with pure electric vehicles in urban areas.
The pattern of "weak performance of the technology stocks" in the Hong Kong stock market is intensifying. What direction will the market take next?
① Currently, the profit growth of Hong Kong stocks mainly relies on the optimization of profit margins in the Technology Sector rather than revenue expansion. Does this imply that the foundation for sustained market growth in the future is relatively weak? ② For the "Adjustment of Technology Positions + Dividend Hedging" strategy proposed by CICC, how should investors balance the conflict between short-term volatility defense and long-term strategy adherence?
Hong Kong Stock Morning Report | The State Administration for Market Regulation is reviewing CKH HOLDINGS' port Trade. CHINA RES GAS reported a net profit decrease of over 20% year-on-year last year.
① Trump: Any tariff agreement will be reached after the measures take effect on April 2. ② State Administration for Market Regulation: Review of CKH HOLDINGS port Trade will be conducted in accordance with the law. ③ Four major Banks, including Bank of China, China Construction Bank, Agricultural Bank of China, and Postal Savings Bank, announced plans for a private placement to introduce strategic investment from the Ministry of Finance, with a total amount of 500 billion yuan. ④ Gou Ping, Deputy Director of the State-owned Assets Supervision and Administration Commission: Strategic restructuring of state-owned automobile enterprises.