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Is There An Opportunity With Autohome Inc.'s (NYSE:ATHM) 21% Undervaluation?
Hong Kong stock morning report on January 2: Alibaba cleared its holdings in SUNART RETAIL for over 13.1 billion Hong Kong dollars, and BYD's Electric Vehicles sales are expected to increase by more than 40% in 2024.
① In 2024, the fundraising amount of Hong Kong's IPO market returns to the top five globally. ② Alibaba clears out SUNART RETAIL with over 13.1 billion Hong Kong dollars. ③ BYD's sales of Electric Vehicles in 2024 increase by over 40% year-on-year. ④ New loan approvals in Hong Kong in November show a month-on-month growth of about 28%.
Are Autohome Inc.'s (NYSE:ATHM) Mixed Financials Driving The Negative Sentiment?
Asian Equities Traded in the US as American Depositary Receipts Rise in Tuesday Trading
CICC: Maintain Ideal Autos-W 'Outperform Industry' rating, Target Price 128 Hong Kong dollars.
CICC released a research report stating that it maintains the "outperform the Industry" rating for Li Auto-W (02015), with a Target Price of $33 for U.S. stocks and HK$128 for Hong Kong stocks. There is currently a gap in market expectations regarding the company's capabilities in AI and its long-term Global Strategy, as well as the pure electric cycle in 2025. Recently, the company held the Li Auto AI Talk event and updated the latest progress in the application of AI technology in intelligent driving and the Li Classroom App, along with its long-term thoughts on development under the big trend of AI. CICC's key points are as follows: Break through the boundaries of automotive enterprises, with the goal of becoming a Global leading AI company. Reviewing Li Xiang's entrepreneurship.
Autohome To Go Ex-Dividend On December 31st, 2024 With 1.15 USD Dividend Per Share
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