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Hong Kong stocks move | Xpeng Autos-W (09868) rises over 3% as MONAM03 and P7+ initiate the company's new vehicle cycle, with significant profit flexibility expected in the future.
Xiao Peng autos-W (09868) rose over 3%. As of the time of writing, it has increased by 2.87%, priced at 50.15 Hong Kong dollars, with a transaction volume of 0.341 billion Hong Kong dollars.
[Brokerage Focus] China International Capital Corporation estimates that the potential market size for Chinese automotive companies to enter overseas markets is approximately 40 million vehicles.
Kingoro Financial News | China International Capital Corporation (CICC) stated that Chinese automakers are expected to achieve breakthroughs in overseas markets by rapidly advancing the transition to new energy, maintaining stable rbob gasoline exports, opening up further growth space for overseas sales with mature and rich products, leading electric smart technology, and a sound distribution network. Referring to Japanese automakers, according to JAMA data, Japanese overseas sales exceeded 20 million vehicles in 2023, with a market share close to 30% in the USA and over 25% in other overseas markets. CICC calculates that the potential scale for Chinese automakers to enter overseas markets is approximately 40 million vehicles, with the possibility of challenging 8 million units in future overseas sales.
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【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.
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.
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bullbearnme : XPEV is way better than NIO in handling the cost. Risk of bancruptcy in NIO is higher than XPEV.
Cui Nyonya Kueh OP bullbearnme : Many people or entrepreneurs have done their best to help William Li. I guess he hired wrong people.
People who have helped him:
1. Lei
2. Li Xiang
3. He Xpeng
bullbearnme : William Li said “ I have no fear of losing”
https://www.forbes.com/profile/william-li/
TWeiT : Can’t agree more, the right people is important. William Li can’t run everything. Last year was the most difficult learning period. G6 had mixed responses on its look but tech wise was very strong, first 800V platform fast charging but Pricing and delivery was poor, can’t deliver fast enough and keep cutting price later when orders ran away to newer cars. Cost and supply chain issues. Then, came Wang Fengyin to restructure the operations and sales channels. She frees He up to focus on technology and innovation. Now they seemed to have found the formula for hit models since MONA, then P7+.
74216494 bullbearnme : Shure. Most of the money, NIO loses, is not his money. Degree in sociology ... No wonder, he has no idea about sales or technology or business management. But he knows already, how to go bankrupt.