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Hong Kong Stock Market Movement | TUHU-W (09690) rose over 5% before noon, with December retail sales increasing by 11% month-on-month, outperforming seasonal performance.
TUHU-W (09690) rose over 5% in the morning. As of the time of writing, it has increased by 5.37%, priced at 18.84 Hong Kong dollars, with a transaction volume of 22.5677 million Hong Kong dollars.
[Brokerage Focus] Morgan Stanley maintains a "Shareholding" rating for TuHoo (09690), indicating a strong performance in the after-sales market in December 2024.
Jingwu Financial News | Morgan Stanley released a Research Report stating that according to data from independent Autos aftermarket (IAM) data provider F6 Autos, Tuhu (09690) is expected to perform well in the aftermarket in December 2024, with retail sales increasing by 11% month-on-month, the number of after-sales service units increasing by 5% month-on-month, outperforming seasonal performance, and the average service price (ASP) increasing by 2% year-on-year. This aligns with Tuhu's previous claims about improving store foot traffic and retail prices in the third and fourth quarters of 2024. The bank noted that the competitive landscape in the Autos aftermarket Industry is complex and ever-changing. On one hand, the closure of 4S Dealer stores will drive...
[Brokerage Focus] China International predicts that next year, the retail sales of passenger vehicles in China will decrease by 2% year-on-year, but exports will increase by 10%.
Jinwu Financial News | China Merchants International released the outlook for the auto industry in 2025, predicting that retail sales of passenger vehicles in China will decline by 2% year-on-year to 23.08 million units in 2025, mainly due to the overdraw caused by the accelerated trade-in policy this year. The institution expects that with the increase in overseas sales and the replenishment of inventory, wholesale sales of passenger vehicles in China will rise by 3.8% year-on-year in 2025. Looking at the sales over the past two years, the institution believes that China's auto sales still have strong resilience. The institution evaluated the penetration rate and development potential of domestic brands in 60 major countries globally, estimating the potential scale of overseas sales in a mid-term dimension of about five years.
Zhaoyin International: Cost-effectiveness and brand strength are the keys to success for electric vehicles next year. Automakers' first choice is Geely Autos (00175) and others.
CMB International expects China's electric vehicle retail and wholesale sales to increase by 22% annually to 13.35 million units and 149 million units by 2025.
TUHU Car Inc.'s (HKG:9690) Market Cap Surged HK$812m Last Week, Retail Investors Who Have a Lot Riding on the Company Were Rewarded
MSCI global small cap stock index semi-annual adjustment: inclusion of Uutoo-W (09690), fourth paradigm (06682), exclusion of Meidong Auto (01268), etc.
On November 7, 2024, MingShine Index Company announced the semi-annual review results of the MSCI series indices.
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