[Special contributor] Deng Shengxing: Affected by tariffs, Hong Kong stocks lack direction.
Jinwu Financial News | The Hang Seng Index closed at 23,202 on Wednesday (2nd), a slight decrease of 4 points or 0.02%. The total market turnover for the day was 2,165 yuan. The National Index fell by 0.07%, closing at 8,531; the Science and Technology Index rose by 0.4%, closing at 5,426. Apple has expanded the functionality of its AI, with Apple Intelligence supporting Simplified Chinese and seven other languages, and for the first time supporting the Vision Pro headset device, resulting in a good performance for Apple concept stocks this morning. COWELL (01415) rose by 2.7%; Sunny Optical (02382) increased by 2.8%; WUXI XDC (02268) recorded significant trading this morning, experiencing a sharp drop throughout the day.
Cui Dongshu: China's export of RBOB Gasoline vehicles makes a significant contribution. In 2024, the export of conventional RBOB Gasoline models from China is expected to reach 4.4 million units, a year-on-year increase of 26%.
In 2024, the annual export of conventional RBOB Gasoline vehicles from China is 4.4 million units, an increase of 26%, while the annual export of pure electric vehicles from China is 1.7 million units, an increase of 6%.
Express News | Renault SA - Group to Buy Back up to 1,000,000 Shares
Geely's March Sales Surge 54%
Multiple automakers have announced their delivery status for the first quarter, with some auto stocks rising. LEAPMOTOR (09863) increased by 8.52%.
Kingwu Finance News | Recently, several automakers announced their delivery figures for the first quarter, which show generally good performance. Some automotive stocks have risen, with LEAPMOTOR (09863) up 8.52%, Geely Automobile (00175) up 5.17%, Li Auto-W (02015) up 1.41%, NIO-SW (09866) up 1.02%, and Xpeng Motors-W (09868) up 1.08%. Li Auto issued a notice stating that in March 2025, it would deliver 36,674 new vehicles, a year-on-year increase of 26.5%. A total of 92,864 vehicles were delivered in the first quarter of 2025, a year-on-year increase.
Hong Kong stock announcement for treasure hunting | BYD Company's first quarter New energy Fund sales are approximately 1.0008 million vehicles, a year-on-year increase of 59.81%.
Great Wall Motor (02333) sold approximately 256,800 vehicles in the first quarter, a year-on-year decrease of 6.73%; NIO-SW (09866) delivered 42,100 vehicles in the first quarter, a year-on-year increase of 40.1%.
