Trending Industry Today: GEELY AUTO Leads Losses In Automobile Stocks
Trending Industry Today: XPENG-W Leads Gains In Electric Vehicles Stocks
Trending Industry Today: XPENG-W Leads Gains In Automobile Stocks
Hong Kong stocks are active | Auto stocks rose in early trading, with sales of multiple car companies hitting a record high in September. Institutions are bullish on the continuation of the peak season in the fourth quarter.
Auto stocks rose across the board in early trading. As of the time of publication, Guangzhou Automobile Group (02238) rose by 5.94% to 3.39 Hong Kong dollars; baic motor (01958) rose by 6.33% to 2.35 Hong Kong dollars; geely auto (00175) rose by 5.38% to 13.7 Hong Kong dollars; xpeng-W (09868) rose by 4.48% to 52.5 Hong Kong dollars; byd company (01211) rose by 2.88% to 314.4 Hong Kong dollars.
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[Brokerage Focus] citic sec points out strong demand in peak season, overweighting autos sector
Golden Finance News | Citic Securities stated that the peak season demand is strong, overweighting the automotive sector. Driven by policies and peak season demand, the bank expects passenger vehicle sales volume in Mainland China in September to grow by more than 5% year-on-year. The bank noticed that major electric vehicle manufacturers like Leapmotor (09863), Li Auto Inc (02015), byd company limited (01211), and Xiaopeng (09868; driven by MONA) have good momentum in orders and deliveries. Due to strong sales and low discounts, the bank expects leading OEMs to have a good profit performance in the third quarter of 2024. In addition, the bank believes that both tesla (TSLAUS) and china
Foreign investment accelerates its position building! Several companies listed in Hong Kong have announced that JPMorgan increased its shareholding in BYD Company Limited and others by over 4.1 billion Hong Kong dollars in just one day.
① On what date did J.P. Morgan Chase start to increase its Hong Kong stock holdings by a large amount? ② Which individual stocks has this institution mainly increased its holdings?
"China Dragon" ETF landed on Wall Street as the bull market returns, benchmarking the seven major ETFs in the US.
A new ETF called DRAG, "China Dragon", tracking the performance of major Chinese companies has landed on the US stock market. Its components currently include Tencent, Pinduoduo, Alibaba, Meituan, BYD, Xiaomi, JD.com, Baidu, and Netease. DRAG aims to track an equally weighted basket of stocks composed of the 5 to 10 largest and most innovative Chinese technology companies. This ETF will be rebalanced quarterly.
Express News | JPMorgan Chase & Co's Long Position in H Shares of BYD Co Increases to 5.45% on Sept 27 From 4.85% - HKEX
BOCI Research: Mainland vehicle market continues to show strong seasonal characteristics in the fourth quarter, bullish on fuyao glass (03606) and others in the medium term.
CITIC Securities International expects Xiaomi's full-year delivery volume to reach 0.13 million units or higher, exceeding previous expectations.
In September, sales of many electric vehicle companies reached a new high. Bocom Intl reiterates that the auto sector will perform better in the second half of the year than in the first half.
Bocom Intl is bullish on BYD Company's (01211) export volume of the DM5.0 model; Li Auto Inc -W (02015) continues to achieve record high sales volume on a month-on-month basis; Nio Inc -SW (09866) valuation recovery and increased volume of the L60; Xpeng -W (09868) increased volume with the M03 and P7+ launches.
Trending Industry Today: LI AUTO-W Leads Gains In Electric Vehicles Stocks
Trending Industry Today: LI AUTO-W Leads Gains In Automobile Stocks
HK stocks anomaly | Auto stocks generally rise, with impressive delivery data from multiple car companies in September, institutions bullish on the prospects of total recovery in the second half of the year.
Auto stocks are generally rising. As of press time, Li Auto Inc-W (02015) rose by 8.79% to HKD 117.6; Leapmotor (09863) rose by 8.21% to HKD 36.25; Nio Inc-SW (09866) rose by 4.35% to HKD 58.8.
Hong Kong stock concept tracking | Auto sales continued to rise in September, institutions focus on leading auto companies' valuation improvement (with concept stocks).
Xiaopeng and NIO set a new monthly delivery record, while Xiaomi has exceeded 10,000 deliveries for 4 consecutive months.
BYD Sept Sales Breakdown: Song 89,135 Units, Qin 75,785
BYD Logs Drop in September Sales, Output
Express News | Corrected-BYD Co - New Energy Vehicle September Sales Volume 419,426 (Not 441,052) Units