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Lei Jun's car manufacturing has not yet landed.
Partial victory.
Net profit soared by 8 times! Will Semiconductor achieved a revenue of 12.09 billion yuan in the first half of the year, a year-on-year increase of 36.5%. | Financial Report News
Will Semiconductor's net income attributable to shareholders of the parent company in the first half of the year was 1.367 billion yuan, an increase of 792.79% year-on-year. The net profit after deducting non-recurring gains and losses soared by 1837.73% year-on-year.
Changhong Meiling's net income and profit both increased, benefiting from the business of manufacturing air conditioners for Xiaomi. Interpretations of financial reports.
Changhong Meiling air conditioner revenue increased by 20%. Industry analysts told reporters that as the main OEM of Xiaomi air conditioners, Changhong Meiling benefited. Analysts personally determine that the recent establishment of Xiaomi Smart Appliance (Wuhan) Co., Ltd. may not have a significant impact on Changhong Meiling.
What are the advantages of China's electric cars in terms of cost? This Wall Street investment bank has done the math.
Barclays pointed out that factors such as battery, supply chain, and economies of scale provide Chinese automakers with up to 40% cost advantage, with BYD Qin Plus gross margin reaching 18%. Benefiting from China's cost advantage, the gross margin of the domestic Tesla Model Y is as high as 24%, about twice that of the overseas version.
For the first time in four years, apple has dropped out of the top five in China!
In the second quarter, domestic brands accounted for the top five sales of smart phones in China, with Xiaomi replacing Apple as the fifth in sales. Apple's market share in China is 14%, a 2 percentage point decrease from the same period last year.
Xiaomi's Autos Phase 2 factory is here.
Land acquisition completed.
SpyderCall OP : @102640653
I'm still bearish at the moment. I need to see more upside. But if there was a solid technical level to buy in, then the fib levels are great for that. I still need to see more upside
SpyderCall OP SpyderCall OP : I'm checking out tencent and baba. give me a few minutes for those
102640653 : Agreed I’m also waiting for the first zone to be broken 18550-18620. I am also looking at sse index as hangseng just closely follow its movement. It’s just like sse is leading its way n the rest of the index mainly china a50, hangseng follows together . Thanks .
102640653 : Just look at sse movement . Good movement with China a50 but hongkong slow to follow in afternoon .
102640653 : Usually in afternoon trade hangseng would be consolidating n after 3 will make some moves but today is exceptional. Something more is there . All the heavyweight r picking up again after lunch . Just keep. An eye open.
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