FEM Emrg Mkts Alphadex First Trust
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Specific subsidy plan released! Low-altitude sector expected to usher in a wave of orders.
The Ministry of Industry and Information Technology recently held the first plenary meeting of the leading group for the development of low-altitude industry, discussing and deploying the key tasks to promote high-quality development of the low-altitude industry. On the same day, the Shenzhen Transportation Bureau solicited opinions on the detailed rules for the implementation of "Several Measures to Support the High-quality Development of the Low-altitude Economy in Shenzhen". The draft for soliciting opinions proposes specific subsidy plans.
Goldwind Science & Technology Co., Ltd. (XJNGF) Q3 2024 Earnings Call Transcript Summary
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.
After the soaring of pop mart's stock price, founder Wang Ning reduced his shareholding, and executives collectively cashed out 1.5 billion yuan.
①According to estimates, Wang Ning completed the shareholding reduction of approximately 48.085 million shares in this round through various means, with a total amount of 3.461 billion Hong Kong dollars (equivalent to approximately 3.176 billion yuan). ②As of the time of reporting, the stock price of pop mart has fallen by 5.68% from the highest point, with the latest price closing at 71.7 Hong Kong dollars per share, lower than the price at which the shareholders collectively reduced their holdings.
Xiaomi Conference: Xiaomi 15 starts at 4499 yuan, pre-sale price of SU7 Ultra is 0.8149 million yuan, with the smarter AI voice assistant Xiao Ai.
Xiaomi 15 starting at 4499 yuan, custom version without additional charge and 40 custom version combinations, bright silver version starting at 4699 yuan, diamond limited edition starting at 5999 yuan. Xiaomi 15 Pro series smartphone pricing announced, starting at 5299 yuan. Xiaomi Pad 7 pricing announced, starting at 1999 yuan. Xiaomi SU7 Ultra pre-sale price of 0.8149 million yuan, officially launched in March 2025, with pre-orders opening 10 minutes and a breakthrough in pre-order quantity exceeding 3680 units.
jd.com and Alibaba's "logistics interoperability" upgraded again: Cainiao officially settled in jd.com's third-party platform
①For a long time, in the delivery of commodities with high requirements for timeliness and quality, SF Express is the first choice for Taobao merchants. Alibaba and jd.com's dismantling action, after jd.com's logistics system joins Taobao, it will face challenges; ②In the eyes of industry insiders, the ultimate service capability of the logistics industry is the key factor determining success or failure. From the perspective of interoperability, the stickiness and stability of service are particularly important.
Finance Association Autos Morning Post [October 25th]
①In September, the top three countries in total export volume of Chinese automobiles are Russia, Belgium, and Mexico; ②Xiaopeng P7+ all series are equipped with AI smart driving, achieving L4 level under "self-driving cars in some scenarios by 2026; ③BMW and Mercedes-Benz jointly launch the "Yi An Qi" ultra-charging brand.
Ford CEO has been driving a Xiaomi SU7 for the past six months, reflecting on how to compete with Chinese car companies.
Ford Motor CEO Jim Farley said he brought a Xiaomi SU7 from Shanghai to the United States, has been driving for 6 months, and can't bear to let go at all; Facing the huge changes in the industry landscape, Ford Motor, feeling the crisis, is starting to transform.
UBS raised its target price for the sixth time this year! What makes Pop Mart's performance so good?
Morgan Stanley has raised the target price of Pop Mart to 81 Hong Kong dollars, believing that factors such as the potential of overseas markets like Europe and the United States, the innovative product line, and the recovery of the Chinese market are expected to drive Pop Mart to continue its high-speed growth. Goldman Sachs has raised the target price of Pop Mart to 70 Hong Kong dollars, but due to the current uncertain retail environment and consumer spending power, they hold a conservative attitude towards its profit prospects.
2 billion! The first mother fund for the pure hydrogen electric industry will be established. Will new energy vehicles usher in the "third track"?
On October 23, Geely Distance and Yinhechuangxin Capital announced that they had recently completed the signing of the first industrial mother fund cooperation agreement for methanol and hydrogen electric vehicles. According to the agreement, as the main investors, both parties will cooperate to establish the first industrial mother fund for methanol and hydrogen electric vehicles, with a total scale of 2 billion RMB for the parent and sub-funds.
Gem fell by more than 1%, while the Bei 50 rose by over 1%, with electrical utilities and the military industry leading the gains. Pop Mart in the Hong Kong stock market surged by 18%.
Electrical utilities, oil & gas, and military industry took the lead in terms of increase, while semiconductors, real estate, brokerage, and media were at the forefront in terms of decline.
Great success in going global! Pop Mart's Q3 revenue doubled year-on-year, with overseas business revenue quadrupling! | Financial report insights
In the third quarter, pop mart's e-commerce platform revenue increased by 135%-140% year-on-year, offline retail store revenue increased by 30%-35% year-on-year, and siasun robot&automation store revenue increased by 20%-25% year-on-year. Pop mart previously stated that they have already achieved "creating another pop mart overseas".
Stimulating appliance sales with trade-in programs, the "volume and price rise together"! Goldman Sachs: Q4 shipments may continue to increase
Goldman Sachs pointed out that in September, the retail sales of household appliances increased by more than 20% year-on-year, with offline average selling prices increasing by 5-17% year-on-year, showing a situation of "rising volume and price." With Singles' Day sales approaching, it is expected that the household appliance industry will experience further growth in Q4.
It is expected that relevant national authorities will establish a low-altitude economic regulatory bureau.
①The establishment decision has been approved, and the new bureau is currently in preparation; ② The low-altitude economy set up a dedicated bureau, which can better coordinate resources at all levels to promote industrial development.
"Trade-in for New" subsidies boost the electric vehicle market, some car owners purchase orders from scalpers to enjoy discounts. | Frontline
1. Due to the application deadline for the national subsidy for trading in old for new, popular car models, consumers choose to purchase delivery orders nearing deadline. 2. In addition to the national subsidy, various regions also have overlapping application "consumer vouchers", some stores are considering issuing cross-regional invoices to help consumers enjoy discounts on car purchases.
One after another launched cheap electric car models, european car manufacturers started a "counterattack".
At this week's Paris Motor Show, European auto giants such as Renault and its subsidiaries Dacia, Stellantis, etc., have successively launched affordable electric car models. Both Renault's Twingo E-Tech model and Dacia's Spring model are priced below 0.02 million euros.
In September, sales increased by 30%, the global electric car market is recovering! China has the most eye-catching performance, with rebounds in the European and American markets.
Global electric car sales in September increased by over 30% compared to the same period last year, with the Chinese market dominating half of the market share, reaching a record-breaking 1.12 million units. The European and American markets saw a recovery, with European sales growing by over 4% in the same month, and a significant 24% increase in the United Kingdom. The USA achieved historic highs in sales and market share in the third quarter.
"Innovation high" becomes the keyword for electric vehicle companies in September, who has achieved "self-breakthrough"?
1. In September, the domestic new energy autos market saw strong growth, with sales from multiple car manufacturers reaching a historic high; 2. 9 car manufacturers experienced a significant year-on-year increase, with only GAC Aion EV continuing to decline. All 10 car manufacturers showed growth on a month-on-month basis.
China accounts for over half! In September, global electric autos sales increased by 30.5%, setting a new record.
1. In September, global sales of pure electric and plug-in hybrid electric vehicles increased by 30.5% year-on-year, with China's sales hitting another historical high; 2. Data from Rho Motion shows that global electric vehicle sales in September reached a record high of 1.7 million units.
In September, the domestic passenger vehicle market is abuzz, with over sixty percent of A/H share listed companies achieving double growth on a monthly and yearly basis.
1. The China Association of Automobile Manufacturers released data showing that autos sold 2.809 million units in September, a month-on-month increase of 14.5%, and a year-on-year decrease of 1.7%; 2. Caixin reporters compiled statistics on the September sales of 14 A-share and H-share listed automotive companies, all of which achieved month-on-month growth; 3. The passenger vehicle market is gradually recovering, especially the retail market remaining strong, with the 'Golden September' effect continuing to show.