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Moomoo News42minutes ago

BOC International: Mainland China's auto market continued to show seasonal characteristics in the fourth quarter, optimistic about fuyao glass and others in the medium term.

CICC Research Report released by CCB International stated that in September of this year, major electric vehicle companies saw a month-on-month increase in sales. Among them, BYD Company (01211) set a record with over 0.4 million units sold for the first time; Li Auto Inc-W (02015) reached a historical high with 0.0537 million units; Xpeng-W (09868) benefited from the significant contribution of its 'MONAM03' model, delivering over 0.02 million units. The bank predicts that Xiaomi Corporation-W (01810) may achieve a new record of 0.015 million to 0.016 million units in September, with weekly deliveries reaching 6,000 to 7,000 units by the end of September. Considering the production faster than expected.

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