【Brokerage Focus】Changjiang Securities maintains the "buy" rating for XPeng Motors (09868), indicating that it is expected to enter a turning point in the new vehicle cycle.

Jingu Finance News | Changjiang Securities released a research report stating that Xiaopeng Motors (09868) disclosed its sales volume for November 2024. In November, the company delivered a total of 30,895 new cars, a year-on-year increase of 54.2% and a month-on-month increase of 29.2%. From January to November 2024, the company has delivered a total of 153,000 vehicles, a year-on-year increase of 26.2%. The number of new cars delivered in November exceeded 30,000 for the first time, marking a historical high for the third consecutive month, with monthly deliveries exceeding 10,000 for M03. The bank pointed out that the company's asia vets driving technology continues to lead the industry, coupled with channel transformations and strengthened marketing systems, as well as the start of a strong new car cycle, the company's sales volume is expected to steadily increase.

金吾财讯46minutes ago

At the end of the year, the "sales boost battle" in the car market has begun: multiple car companies have updated the December car purchase benefits, with BYD's terminal prices showing a slight loosening.

BYD has launched various popular car models with different levels of discount policies in December. leapmotor, which has already completed its annual sales target ahead of schedule, updated the car purchase benefits for December on December 2nd.

cls.cn01:48 ET

Market Chatter: Chinese EV Makers Look to Hong Kong as International Launchpad

MT Newswires01:47 ET

bocom intl: Each automaker is striving to meet its annual sales targets, bullish on the performance of electric vehicles in December.

bocom intl expects more car companies to launch promotions in December to boost sales, bullish on the performance of electric vehicle sales in December.

Zhitong Finance21:11 ET

Hong Kong stock market morning report on December 3: The NASDAQ and S&P in the US set new highs again. China Resources consortium acquired a land plot for 18.5 billion yuan.

① The manufacturing index from the usa Supply Management Association rose by 1.9 points, with most categories in the index showing improvement. ② The French Prime Minister announced a bypass of parliament to forcibly pass the budget bill. ③ Federal Reserve Governor Waller expressed a tendency to lower interest rates again in December. ④ The usa Department of Commerce released new export control measures on semiconductors to China, and the Department responded. ⑤ The usa stock market's Nasdaq and s&p 500 index both reached new historical highs.

cls.cn18:12 ET

Top Gap Ups and Downs on Monday: TSLA, NET, STLA and More

Moomoo News18:00 ET · Markets