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Express News | U.S.-Listed Shares of Chinese Firms Drop Premarket on Worries Over Growing U.S.-China Trade Tensions Under Trump Presidency
BMO Comments on New Vehicle Sales in Canada, US
Year-end "sprint run": The automotive market is witnessing a resurgence of "price wars", with 70,000-level discounts becoming the norm.
①Zhi Ji Autos' latest announced purchase rights: From now until November 30th, Zhi Ji Autos' entire range of new and old car owners will share a total purchase subsidy value of 1.1 billion. ②A salesperson at a Huawei store told Caixin reporters that Hongmeng Intelligent Travel's November policies have been adjusted compared to October.
CICC: Maintains geely auto's "outperform industry" rating, target price raised to 18.6 Hong Kong dollars.
CICC released a research report stating that it maintains a 'outperform' rating on Geely Auto (00175), as the profitability of the new energy sector improves, raising the 2024/2025 net income by 3.3%/15.4% to 16 billion yuan/11 billion yuan. Considering the company's strong new car cycle and sector valuation improvement, the target price is raised by 37.4% to 18.6 Hong Kong dollars. The company's sales volume in October 2024 was 226,686 units, up 28% year-on-year and 12% month-on-month, with new energy vehicle sales at 108,722 units, up 75% year-on-year and 19% month-on-month.
ZEEKR Intelligent Technology's October Deliveries Rise
Zeekr Delivers 25,049 Cars in Oct, 2nd Consecutive Record Month
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