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Catalyst Watch: Eyes on Electric Vehicle Deliveries, Retail Data and Housing Reads
China's EV Price Wars Hit Auto Profits, Smaller Players Struggle as Margins Shrink
Tesla Would Use LiDAR If Elon Musk Ever Drove on China's Highways at Night, Li Auto CEO Says
Hong Kong stocks closed (12.27) | The Hang Seng Index fell by 0.04%. The Semiconductors Sector performed strongly. Kingsoft Cloud (03896) stock price hit a historical high.
The Hong Kong stock market experienced a slight dip in the early session but quickly rebounded, with the three major Indices turning positive collectively, and the Hang Seng Index briefly rising over 1%; in the afternoon, the stock index maintained fluctuations, and the Hang Seng Index turned negative again by the end of the session.
US MOVERS&SHAKERS Dec 23-Dec 27, 2024
Electric vehicle sales surpass those of gasoline vehicles! Overseas Institutions marvel: China is far ahead of the West.
① It is expected that by next year, the annual sales of electric Autos in China will exceed those of RBOB Gasoline vehicles for the first time. ② This is seen by some overseas Institutions as an imminent historic milestone: it indicates that China, the largest Autos market in the Global arena, has been far ahead of its Western competitors for several years in the electrification transformation.
90K : What a rubbish article...
1分利 : Li has more foresight.
bullrider_21 OP 1分利 : Yes