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BYD Poised for Stronger Earnings Growth in 2025 -- Market Talk
China's EV Sector May Have a Challenging 1Q -- Market Talk
BYD H Share Target Price Raised to HK$353.00 From HK$322.00 by HSBC Global Research >1211.HK
Cui Dongshu: Maintaining growth is not enough to rely solely on trade-in incentives. Tax incentives for car purchases are needed to stimulate first-time buyers to purchase cars.
Currently, the good effects of the trade-in policy bring a strong year-end momentum. However, this rush will lead to greater pressure on consumer activity in early 2025. Therefore, in early 2025, a strong counterforce is needed to offset the pressure of a weaker consumer year. Thus, relying solely on trade-in for stable growth in 2025 is insufficient; tax benefits on vehicle purchases are necessary to encourage first-time buyers to purchase vehicles.
European Car Sales Flat in October, EVs Gain Ground, ACEA Says
China's Passenger Car Sales Jump 11% in October
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