China's Auto Market Will Likely Continue to Outperform Global Market This Year -- Market Talk

WSJJan 22 02:20 ET

Electric Vehicle companies generally fell, NIO (09866) dropped 6.29%. Institutions indicate that there is still uncertainty in the export of Electric Vehicles.

Jingu Finance News | Electric vehicle companies are experiencing a general decline. As of the time of writing, NIO (09866) is down 6.29%, Great Wall Motor (02333) is down 3.96%, Li Auto (02015) is down 3.56%, Geely Auto (00175) is down 3.53%, and Xiaopeng Motors (09868) is down 3.18%. On the news front, BOCOM INTL stated that according to the latest data from the China Association of Automobile Manufacturers, in 2024, China's automobile exports will reach 5.859 million units, a year-on-year increase of 19.3%. Affected by EU policy disruptions, China's electric vehicle exports in 2024 are projected to be 1.284 million units, also reflecting a year-on-year increase.

Jingu Financial NewsJan 22 02:13 ET

Hong Kong stocks fluctuated | Autos stocks generally declined today. January automobile sales are expected to decrease month-on-month. Institutions stated that increased competition in the car market may trigger a price war.

Automobile stocks experienced a widespread decline today. As of the time of writing, Great Wall Motor (02333) fell by 3.96%, trading at 12.6 Hong Kong dollars; Li Auto-W (02015) dropped by 3.56%, trading at 90.75 Hong Kong dollars; Xiaopeng Motors-W (09868) decreased by 3.52%, trading at 57.6 Hong Kong dollars.

Zhitong FinanceJan 22 01:51 ET

The direction has been set! Local "two sessions" are hotly discussing new energy vehicles and the low-altitude economy. The entire Industry Chain is pressing the "accelerator button" to improve quality and efficiency.

According to preliminary statistics from the Financial Associated Press, over half of the provinces in the 2025 government work reports across 31 provinces clearly mentioned the New energy Fund industry; nearly 10 provinces referred to the low-altitude economy. Seven provinces have set targets for the production volume, output value, and construction of Charging Stations for New energy Fund vehicles.

cls.cnJan 21 22:30 ET

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Moomoo NewsJan 21 18:00 ET · Markets

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BenzingaJan 21 14:00 ET