Jinwu Financial News | BOC International said that the 2024 Beijing Auto Show will be held from April 25 to May 4. The theme is “New Era, New Cars”. The exhibition is expected to include 117 world premieres, 41 concept cars, and 278 new energy models. The highlights of this auto show will continue to focus on independent brands. New models are expected to be showcased with new models. Among them, the models that are expected to be of interest to the market include the Ideal L6, the new Quanjie M5, Extreme Krypton MIX, and the Xiaomi SU7.
The bank believes that currently consumer wait-and-see sentiment is still strong. With the release of new cars and prices at the Beijing Auto Show, demand for terminals should improve. The bank is optimistic about BYD (01211/purchase), an industry leader with a rich product layout and plenty of room for price reduction. Among the new forces, the new ideal (02015/purchase) L6 model is worth paying attention to. At the same time, I am optimistic about the opportunities in the Huawei and Xiaomi car industry chains.