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Is there another 'wolf' entering the car insurance market? Following BYD Property Insurance, this Japanese-funded property insurance company has also been approved to enter the market, with shareholders including Toyota Motor behind the group.
①AI and Friese Day Same Wealth Insurance (China) Limited has been approved to change its business scope. The main newly added business scope is motor vehicle insurance, including compulsory motor vehicle traffic accident liability insurance and commercial motor vehicle insurance. ②AI and Friese Day Same Wealth Insurance (China) Limited is a core enterprise of the MS&AD Insurance Group. And Toyota Motor is one of the main shareholders of the MS&AD Insurance Group.
Geely is tougher than byd company limited.
Another hybrid model.
Year-end "sprint run": The automotive market is witnessing a resurgence of "price wars", with 70,000-level discounts becoming the norm.
①Zhi Ji Autos' latest announced purchase rights: From now until November 30th, Zhi Ji Autos' entire range of new and old car owners will share a total purchase subsidy value of 1.1 billion. ②A salesperson at a Huawei store told Caixin reporters that Hongmeng Intelligent Travel's November policies have been adjusted compared to October.
"Other businesses" dragging down overall revenue gree electric appliances,inc.of zhuhai profit growth without revenue growth in the first three quarters | Interpretations
1. gree electric appliances,inc.of zhuhai did not increase profits in the first three quarters of this year, the net income attributable to the mother increased by 9.30% year-on-year, but the growth rate slowed compared to the same period in the previous two years; 2. The company stated that from the beginning of the year to the end of the reporting period, operating income increased by 2.9% year-on-year to 132.2 billion yuan, while other business income decreased by 45.3% to 14.52 billion yuan, mainly due to the company's adjustment of business structure.
On the eve of the "historical" financial report, byd company limited sees a mass exodus of short sellers.
Data shows that the short-selling ratio of BYD Company Limited's Hong Kong stocks decreased from 7.7% earlier this year to 0.9% last Friday, close to the lowest level since July 2022. Currently, the market expects BYD's third-quarter revenue to be 204.8 billion yuan, aiming to achieve a historic high and surpass tesla.
Kweichow Moutai's performance in the first three quarters meets expectations. The timing for interim dividends and buybacks has not been determined yet. | Interpretations
①Kweichow Moutai's third-quarter earnings announced tonight basically meet expectations, with revenue growth exceeding the annual guidance; ②The proportion of direct sales in the first three quarters of this year has declined, which is related to the poor performance of the company's direct sales platform "i Moutai". In the first three quarters, i Moutai achieved a tax-free revenue of 14.766 billion yuan for alcoholic beverages, a slight decrease compared to the same period last year; ③Against the backdrop of current consumer softness, it is highly anticipated whether Kweichow Moutai will lower its operation targets next year.