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Cui Dongshu: The new energy passenger vehicle sales in October showed a strong trend, with wholesale sales surpassing the highest historical level.
Cui Dongshu stated in the article that in 2024, the retail sales of china's car market achieved a strong performance in the first half of the year as expected due to the early Spring Festival factor. In 2024, the domestic new energy fund landscape underwent intense changes, with increasingly prominent leading effects and relatively strong high-end segment.
The EU may adjust tariffs on electric autos from China, with NIO rising over 4%, leading Hong Kong's auto stocks.
① How did china's automotive export data perform in October? ② What are the institutions' expectations for the chinese automotive market in November?
The electric vehicle sector started off well, with NIO (09866) rising by 6.26%. China Association of Automobile Manufacturers expects further increase in the November car market heat.
The new energy autos sector started off well. As of the time of publication, NIO (09866) rose by 6.26%, Leapmotor (09863) rose by 3.99%, XPeng Motors (09868) rose by 3.1%, Geely Autos (00175) rose by 2.96%, and Li Auto (02015) rose by 2.57%.
Cui Dongshu: In October, China's automobile exports reached 0.59 million units, a year-on-year increase of 11%.
Cui Dongshu, the secretary-general of the Passenger Car Association, stated that in October 2024, China's automobile exports reached 0.59 million units, an 11% year-on-year increase from October 2023 and a 3% decrease compared to last month, with stable year-on-year and month-on-month trends.
Express News | Chair Of European Parliament Trade Committee Tells German Broadcaster NTV, "We Are Close To Agreement With China To Abolish Electric Vehicle Import Tariffs"
Express News | Ishares China Large Cap ETF Down 2.3%, Kraneshares CSI China Internet ETF Down 2.5%
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102420347 : Be careful china stocks get easily get bash by us fund
KYMIE OP 102420347 : I'm already feeling it. will still stay :)
MIB : me too but the prices keep going down....can keep...but US stocks prices increases...we buy stocks for profit..
KYMIE OP MIB : going both way, need to keep healthy life balance
MIB : yes.....need to... in order to succeed..
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