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Automobile stocks have support against market trends, LEAPMOTOR (09863) rose by 2.92%. Institutions expect that sales in the auto market are likely to recover growth in the weeks following February.
Jinwu Financial News | Automotive stocks show support against the market trends, with LEAPMOTOR (09863) rising 2.92%, Great Wall Motor (02333) rising 2.63%, BRILLIANCE CHI (01114) rising 2.19%, Geely Automobile (00175) rising 2.18%, and Guangzhou Automobile Group (02238) rising 1.88%. In terms of news, Everbright believes that 1) with the resumption of production across various Industries after the Spring Festival, along with the replacement incentive policies and price discount policies gradually being implemented by automakers, vehicle sales are expected to recover and grow in the weeks following February. A Bullish outlook for the automotive consumption release prospects in 2025E is noted, with attention on new cars in 2025E.
Cui Dongshu: Raises the retail volume forecast for Passenger Vehicles in 2025 to 23.43 million units.
2025 Passenger Vehicle export forecast: In 2025, Passenger Vehicle exports are predicted to be 5.27 million units, an increase of 10%, with the total forecast decreasing by 0.03 million units compared to the prediction made in January.
Hong Kong Stocks Concept Tracking | It's really happening! The flying car invested by Musk has successfully completed its test flight. These companies have already laid out plans (including concept stocks).
AVIC Securities stated that in the short term, the upcoming Two Sessions next month are expected to make XINXINGCHANYE such as low-altitude economy and commercial aerospace hot Topics, and continue to promote the introduction of supportive policies and accelerate the progress of the industry.
GAC Accelerates Global Expansion at 2025 International Partner Conference
CPCA Expects China Feb NEV Retail at 600,000, Down 19% From Jan
China Auto Circulation Association: The used car trade market gradually warmed up in the second week of February, and the market is full of expectations for recovery after the Spring Festival.
On February 20, according to the China Automobile Circulation Association, in the second week of February, the used car trade market showed signs of recovery, with an average daily transaction volume of 0.0629 million Autos, a month-on-month increase of 9.41%, significantly enhancing market activity.