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Li Auto Inc leads the auto stocks with the impact of the new car replacement subsidy, which is expected to boost auto sales in the second half of the year.
On August 19th, the autos (LIST1040.HK) sector rose in early trading. As of the time of publication, Li Auto Inc-W (02015.HK) rose 6.14% to HKD 81.3; Xpeng Inc-W (09868.HK) rose 4.32% to HKD 27.75; NIO Inc-SW (09866.HK) rose 4.11% to HKD 31.7; BYD Company (01211.HK) rose 2.63% to HKD 226.2. Market data from Futubull. On the news front, on August 16th, the Ministry of Commerce and others
HK Concept Tracking | Autos' bullish policy of trade-in for old cars again in the second half of the year may lead to industry demand recovery. (Concept Stocks attached)
Tianfeng Securities said that with the support of automobile policies and supply-side measures, the demand for the industry is expected to rebound in the second half of the year, and the sector's market prospects may gradually become optimistic.
Tianfeng: Profit performance of internet plus-related leading companies is impressive, continue to pay attention to Hong Kong-listed Chinese concept stocks.
Currently, Hong Kong-listed Chinese companies still have attractive valuations and high risk-return ratios.
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Dark Forest Trading : Love the comic
Aaron Invests (AI) OP Dark Forest Trading : Thanks saved it and credit the author
Aaron Invests (AI) OP : Oh and for Tesla Bulls additional reason why I am not worried about EV sales decline. This company is driving some of the first Tesla Semi trucks. Here’s what they’re learning | CNN Business
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