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CSRC approves the listing of Taihong Wanli on the main board of the Shanghai Stock Exchange.
On November 29, the China Securities Regulatory Commission announced its approval of the first public issuance of stocks for Zhejiang Taihong Wanli Technology Co., Ltd.
Hefei issued 44 million yuan in consumer vouchers and Ideal launched a zero-interest financial plan. Local governments and car companies are competing for the year-end "consumption wave".
① On November 29, according to the Hefei Municipal Bureau of Commerce, from November 29 to December 8, 2024, new consumer vouchers for autos will be issued in Hefei, totaling 44 million yuan. ② On the same day, Li Auto announced a limited-time 0% interest policy until the end of the year. From now until December 31, users purchasing the Li L-series and Li MEGA can enjoy a minimum down payment financing plan with 0% interest for 3 years.
Express News | JPMorgan Chase & Co's Long Position on H-Shares of Great Wall Motor Increases to 9.19% on Nov 25 From 8.27% - HKEX
China Automobile Circulation Association: From November 18 to 24, the average daily trade volume of used cars was 0.0655 million vehicles, a decrease of 1.76% compared to the previous period.
In the third week of November, the daily average trading volume of used cars was 65,500 vehicles, a decrease of 1.76% compared to last week, but an increase of 2.1% compared to the same period in October.
EV Sales Slow As Consumers Grow Weary Over High Costs, Charging NeedsHybrid Cars Have Outperformed Expectations Originally Set for EVs in 2024
BYD Shows China's Car Business Isn't Getting Easier for Anyone, Including Tesla -- Barrons.com
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