Auto parts stocks rallied in early trading. As of press release, Zhejiang Shibao (01057) rose 10.47% to HK$2.11; Wuling Motors (00305) rose 10.39% to HK$0.425; Nexteer (01316) rose 8.07% to HK$3.75; and Minshi Group (00425) rose 2.53% to HK$12.98.
The Zhitong Finance App learned that auto parts stocks rose collectively in early trading. As of press release, Zhejiang Shibao (01057) rose 10.47% to HK$2.11; Wuling Motors (00305) rose 10.39% to HK$0.425; Nexteer (01316) rose 8.07% to HK$3.75; and Minshi Group (00425) rose 2.53% to HK$12.98.
According to the news, Musk said that Tesla plans to launch driverless taxis (robotaxis) on August 8. According to reports, in recent weeks, Tesla released the latest version of driver assistance software called fully automated driving (FSD) to consumers. Tesla previously said that the next generation of car platforms will include cheaper cars and fully automated taxis.
Furthermore, on April 3, the People's Bank of China and the China General Administration of Financial Supervision and Administration jointly issued the “Notice on Adjusting Policies Related to Auto Loans” to adjust policies relating to automobile loans. Financial institutions independently determine the maximum loan ratio for private use of traditional power vehicles and new energy vehicles. Industry insiders say that the new deal is conducive to expanding automobile consumption and supporting the development of the real economy, which is a very positive sign for the market.