The number of auto finance companies penalized this year has increased to three, with BYD Auto Finance receiving the fine. The related Trade amount for 2023 is approximately 29.2 billion yuan.

① Risk control levels and due diligence capabilities remain key areas of focus for Institutions. Furthermore, with the continuous improvement of the financial consumer protection mechanism, violations related to financial consumer protection have become a "red line" that Institutions need to pay special attention to. ② With the national government introducing various supportive and guiding policies for New energy Fund, New energy Fund loan Business may become a new opportunity for transformation and development for Autos finance companies.

cls.cn07:00 ET

Changan's first flying car is expected to debut on December 21, marking a critical point for the industrialization of flying cars.

① Recently, Chongqing Changan Automobile released a teaser poster in Weifang, which seems to indicate that the company's first flying car is about to be unveiled. ② China Merchants Research Reports point out that the growth of the low-altitude economy is expected to continue over the next 3-10 years, and with the maturity of eVTOL technology and the expansion of the market, a new trillion-level market is expected to form.

cls.cn19:05 ET

Tuesday, Tech Pulls Back, While Traders Await FOMC Rate | Wall Street Today

Moomoo Recap USDec 17 16:03 ET

This week, another 10 companies added! Hangzhou Hikvision Digital Technology and several other stocks have disclosed shareholding repurchase plans and renewed loan plans, a list of related A-shares is as follows.

① This week, the special loans for Share Buyback and Shareholding continue to surge. According to incomplete Statistics from Caixin, 10 A-share listed companies announced the relevant situation of Share Buyback and Shareholding related to re-loans (attached table); ② Hangzhou Hikvision Digital Technology plans to use its own funds and special loans for the largest amount of share buyback, with a maximum not exceeding 2.5 billion yuan.

cls.cnDec 14 02:22 ET

A year-on-year increase of 32%! Global electric vehicle sales have set historical highs for three consecutive months, with China accounting for 70% of the market.

The performance of the China market is impressive, with sales in November growing by 50% year-on-year to reach 1.27 million vehicles, accounting for about 70% of Global total sales. Overall Auto sales in China for November increased by 16.6% compared to the previous year, marking the highest growth rate since January this year. BYD is expected to exceed the annual Global sales target and surpass Ford and Honda.

wallstreetcnDec 12 22:04 ET

Jiangnan Mould & Plastic Technology reduced its shareholding in Bank Of Jiangsu by 25 million shares, and multiple listed banks have seen shareholding reductions by shareholders this year.

① On the evening of December 11, the listed company Jiangnan Mould & Plastic Technology (000700) announced that it had recently reduced its shareholding in Bank Of Jiangsu by 25 million shares, with a transaction amount of 0.226 billion yuan. ② Throughout the year, there have been multiple cases where shares of listed banks have been reduced by Shareholders, involving Bank Of Changsha, Bank Of Hangzhou, Qilu Bank, and others.

cls.cnDec 12 01:16 ET