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Does China's AI-Fuelled Tech Rally Have Legs?
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.
After leading Qinghai Salt Lake Industry for 5 years, Ren Hongwei resigns as Chairman, with the controlling shareholder recommending a new Director candidate | Quick Announcement
① Qinghai Salt Lake Industry announced that Ren Hongwei has applied to resign from the position of director of the Ninth Board of Directors, also resigning as Chairman, while Wang Xiangwen has resigned from the position of President but remains a director; ② On the same day, Qinghai Salt Lake Industry announced the recommendation of Mr. Hou Zhaofei as a candidate for the company's Ninth Board of Directors; Hou Zhaofei is currently the Chairman of Minmetals Salt Lake, Secretary of the Party Committee, and a member of the Party Committee and Deputy General Manager of China Salt Lake Group.
Is the autopilot craze causing panic among predecessors?
The user has decided to wait a bit longer.
"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.
DeepSeek has emerged, and Chinese Technology stocks have surged! Citibank: the market is not yet overheated.
Citigroup Analyst believes that since the beginning of the year, the QITABANKUAI in China has indeed seen an increase in congestion, primarily due to the rise of technology stocks, which has boosted overall valuations and improved market sentiment. However, if excluding the weight stock Xiaomi Group, it can be found that although the QITABANKUAI in China has a higher congestion compared to other sectors, it is still not the most congested sector, indicating that this sector has not yet overheated.
