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Automotive Sector To Remain Robust In 2025 Supported By EV Incentives
Financial Associated Press Autos Morning News [December 20th]
① The Passenger Vehicle retail market is expected to be around 2.7 million units in December, an increase of 14.8% year-on-year and a growth of 11.4% compared to the previous month; ② Reporters learned from several informed sources that Chongqing Sokon Industry Group Stock may go for a secondary listing in Hong Kong and will hire China Securities Co., Ltd. and China International Capital Corporation as its listing sponsorship team.
BYD Opens New Branch in Bristol and Warwick, UK, Marking a Milestone in Electric Vehicle Expansion
[Hong Kong Stock Connect] SUNNY OPTICAL (02382) rose nearly 5% in the afternoon, with Institutions expecting the company is on the road to recovery.
King Wu Financial News | SUNNY OPTICAL (02382) surged near noon, fluctuating higher in the afternoon, as of the time of writing, up 4.72%, priced at 70.95 Hong Kong dollars, with a transaction volume of 0.901 billion Hong Kong dollars. IDC Consulting released a research report on the top ten insights into China's Smart Phone market for 2025, pointing out the central government's determination to improve market confidence, promote economic stabilization and recovery, which will stimulate Consumer spending further, and may increase subsidies for Smart Phones, encouraging more consumers to upgrade their devices. The current forecast estimates that the shipment volume in China's Smart Phone market will reach 0.289 billion units by 2025, with an annual growth of 1.6%, while the shipment volume will remain stable in the coming years.
BYD Selects 6 Dealers in South Korea for Planned Jan Market Entry
In November, China sold a total of 6,337 large and medium-sized new energy buses over 7 meters, an increase of more than 80% year-on-year.
Statistics show that in November 2024, there were a total of 6,337 large and medium-sized new energy buses over 7 meters sold in the country, an increase of 9.71% compared to the previous month (5,776 units) and an increase of 80.44% compared to the same month last year (3,512 units).
