82822 CSOP FTSE China A50 ETF
- 11.820
- -0.170-1.42%
In February, deliveries increased by 160%. Together with Huawei and DJI, Wang Chuanfu aims to create a Smart Automobile ecosystem for BYD.
① BYD partners with DJI to launch the smart vehicle-mounted Drone system "Lingyuan"; ② According to Wang Chuanfu, BYD has reached strategic cooperation with several Technology companies to create multiple technologies and products, working together to build an intelligent vehicle ecosystem.
Investing in industry funds + establishing a joint venture, Cathay Biotech Inc. "leverages" Contemporary Amperex Technology and Hefei State Assets.
① Behind Cathay Technology are two major giants, Cathay Biotech Inc. and Contemporary Amperex Technology. ② Cathay Technology mainly engages in the research, production, and sales of products applying Cathay Biotech Inc.'s polyamide composite materials in the fields of power batteries, energy storage, and other New energy areas. ③ The招商凯赛新材料基金 (Zhaoshang Cathay New Materials Fund), co-founded by Cathay Biotech Inc., Hefei State-owned Assets, and China Merchants Shekou Industrial Zone Holdings, was established with a registered capital of 0.65 billion yuan.
Frontline | Intelligent Driving Competition: BYD's terminal inventory clearance promotes "God's Eye" while Tesla's FSD feature faces a lukewarm market.
On February 26, Tesla's refreshed Model Y began deliveries in the China market; the day before, the renamed Tesla FSD officially entered the China market. BYD released the "Heavenly Eye" intelligent driving system, claiming to initiate the "era of comprehensive intelligent driving."
The central bank carried out a one-year MLF operation of 300 billion yuan with interest rates remaining unchanged.
The People's Bank conducted a 300 billion yuan medium-term lending facility (MLF) operation, with a term of 1 year and a winning interest rate of 2.00%.
Will the tight funding conditions continue? This week, over one trillion interbank certificates of deposit will mature, and the pressure on the Banks' liability side will still require time to alleviate.
① If the funding situation does not loosen, the interbank certificate of deposit interest rates will continue to rise. ② The current relief from pressure on the asset side may take time, and the alleviation of banks' liability pressure may require the liquidity environment to loosen first. ③ Non-bank Institutions and rural commercial banks are the Block Orders for Shareholding, while Funds and Brokerages are the main ones reducing their holdings.
In February, the LPR Quote was released: the interest rates for both 5-year and 1-year terms remain unchanged.
The loan market quote rate (LPR) for February has been released: the LPR for more than 5 years is 3.6%, the same as last month at 3.6%. The 1-year LPR is 3.1%, unchanged from last month at 3.1%.
Goldman Sachs: In the era of intelligent driving, each car in China is equipped with 5 cameras this year, and in 5 years, each car will be equipped with 10 cameras.
Goldman Sachs expects that the vehicle camera shipments in China will reach 0.126 billion by 2025 and increase to 0.343 billion by 2030. In addition to the increase in quantity, Goldman Sachs also anticipates that the trend of intelligent driving will drive upgrades in vehicle camera specifications, with cameras of 8MP (8 million pixels) and above accounting for 14% and 59% of total shipments in 2025 and 2030, respectively.
The mobile phone and Autos circles are eagerly "embracing" DeepSeek while Tesla, Xiaomi, and others remain "inactive".
① Mainstream smartphone manufacturers and over 20 Autos manufacturers have already integrated the DeepSeek large model. ② Manufacturers, including "Weixiaoli" and Xiaomi, prefer to develop their own technology, and there is a viewpoint suggesting that later on, integration with DeepSeek is not ruled out.
After 28 days of explosive growth, the banking industry's "DeepSeek moment" raises three questions: Will CSI Information Security Index be the biggest obstacle?
① The biggest obstacle to the large-scale application of DeepSeek is still the CSI Information Security Index issue. Currently, Banks are generally "waiting" and observing the attitude of financial regulatory bodies towards DeepSeek. ② From a cost perspective, DeepSeek will indeed be more Bullish for small and medium-sized Banks in the early stages. However, when considering customer numbers, asset scale, and data quality, large Banks undoubtedly have more advantages.
BYD will start the application of Solid State Battery in vehicles in 2027, entering a period of intensive catalysis in the Solid State Battery Industry.
① BYD plans to launch mass demonstration vehicle applications for Solid State Battery around 2027, achieving large-scale adoption after 2030. ② According to the Statistics in the "Solid State Lithium Battery Technology Development White Paper," the planned domestic production capacity for Solid State Battery has reached hundreds of GWh, which will significantly boost investment in Solid State Battery equipment.
"The elephant dances," BYD welcomes a historical moment! Multiple stocks with a Market Cap of over 100 billion have reached new highs this year.
Several stocks with a market cap of over one hundred billion yuan have reached new highs this year. In terms of market cap, the Industrial And Commercial Bank Of China and Bank Of China rank at the top, with BYD in third place. In terms of percentage increase, Beijing Enlight Media leads with a rise of 267.9% this year.
Breaking! BYD Concept stocks officially announce strategic cooperation surrounding eVTOL and other areas | Post-market announcement highlights.
CHINA TELECOM: On February 20, the lockup period for restricted shares, accounting for 62.7% of the company's total share capital, expired and they were listed for trading.
Elon Musk was caught off guard! BYD's "smart driving" big move causes Tesla's Market Cap to evaporate by more than 200 billion dollars.
① After BYD announced the "Eye of God" smart driving system, Tesla's stock price plummeted by 6.34% on Tuesday, with a market cap evaporating by more than $200 billion in just five days. ② Tesla plans to launch fully autonomous driving and Self-Driving Cars ride-hailing services in Texas this June, but compared to competitors like Waymo and BYD, it seems to have lost its competitive edge in the smart driving sector.
Contemporary Amperex Technology submitted a listing application to the Hong Kong Stock Exchange, with fundraising directed towards a project in Hungary | Quick read announcement.
1. Contemporary Amperex Technology Co., Ltd. has submitted a listing application to the Hong Kong Stock Exchange, with sponsors and coordinators including Bank of America, CICC, JPMorgan, Goldman Sachs, UBS Group, and others; 2. According to the application materials, part of the funds raised from the Hong Kong stock listing will be used to promote the first and second phases of the Hungary project.
JPMorgan: The "three surprises" of BYD's intelligent driving.
JPMorgan stated that BYD's intelligent driving system has brought three positive surprises: a significant reduction in the starting price of configurations, prices remaining almost unchanged, and widespread coverage of models, overturning the market's general expectations.
BYD's "God's Eye" explodes onto the scene! The development of the smart driving Industry Chain is accelerating into the fast lane, supported by DeepSeek to reduce costs.
① The "Eye of God" series' Hardware configuration has been comprehensively upgraded. Hesai stated that by 2025, more than ten models under BYD will successively launch equipped with Hesai Lidar, with an estimated delivery volume to BYD this year in the hundreds of thousands; ② Currently, many intelligent driving companies have integrated DeepSeek, and several car manufacturers and Industry Chain companies have launched intelligent driving equality plans. The cost reduction in intelligent driving is accelerating, although competition in the Industry may intensify.
Contemporary Amperex Technology is making a push for the Hong Kong Stock Exchange.
Accelerate the pace of going abroad.
The first month of the 2025 car market shows results: more than half of the listed car companies experienced year-on-year growth despite seasonal declines.
① According to the data from the Passenger Vehicle Association, retail sales of New energy Fund passenger vehicles reached 0.744 million units in January, a year-on-year increase of 10.5%, but a month-on-month decrease of 42.9%. ② Among the 13 companies listed in Hong Kong and A-shares, 7 car manufacturers still achieved year-on-year growth, accounting for more than half.
BYD's stock price has reached a historical high, and this year it has outperformed Tesla.
Since the beginning of this year, BYD's stock price has accumulated a rise of over 20%, with a Market Cap of 132 billion dollars, surpassing the total of Ford, General Motors, and Stellantis combined. In contrast, Tesla's stock price has fallen by 13% during the same period. Additionally, BYD's valuation still remains far below that of Tesla.
Frontline | BYD's Tian Shen Zhi Yan "explodes" in the market: the new model offers "more features without increasing the price" while the old model reduces prices to "clear inventory".
① The first batch of 21 models of the Tienshen Eye C has been launched, covering the 0.07 million level to the 0.2 million level, all of which will offer advanced intelligent driving features and will be delivered successively; ② It was just announced that the intelligent driving version has been launched, and customers have been coming in continuously for consultations this morning; ③ The lowest priced model in this intelligent driving version is the Seagull, starting at 0.0698 million yuan, which will only be delivered in October this year.