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[Brokerage Focus] GTJA points out that the penetration rate of new energy autos has reached a new historical high, and the sector still offers opportunities for well-performing auto companies and component manufacturers.
GTJA stated that the penetration rates of new energy autos in both retail and wholesale sectors have hit record highs. Overall, the performance of end-market sales is strong in May 2024. The bank pointed out that the EU tariffs have temporarily landed, and the final implementation results still need to be awaited. In the short term, the bank believes that it may have a certain impact on the export of pure EV models by independent brands to Europe, but the overall impact on the export of pure EV models by independent Chinese brands globally is still limited, because the proportion of pure EV models exported to passenger vehicles to Europe is not high. In addition, export sales continue to maintain rapid year-on-year growth, and the offshore model is actively transitioning. The bank expects direct presence in Europe.
Sentiment Still Eluding Minth Group Limited (HKG:425)
It's not a stretch to say that Minth Group Limited's (HKG:425) price-to-earnings (or "P/E") ratio of 7.8x right now seems quite "middle-of-the-road" compared to the market in Hong Kong, where the med
Li'an Technology (300784.SZ): Its main customers include Logitech International, Hikvision Group, Minth Group, Prudential Junsheng, Wuchan Zhongda Group, etc.
Lian Technology (300784.SZ) stated on the investor interaction platform on June 12 that the company's products are widely used in consumer electronics, toy daily necessities, autos accessories, and medical instruments fields. The main customers include Logitech Group, Hikvision Group, Minth Group, Puri Junsheng, Wuchan Zhongda Group, etc.
Minth Group Director Retires Post-AGM
Minth Group Announces Board Structure
Minshi Group (00425.HK): Chen Quanshi retires as independent non-executive director
Gelonghui, May 31 | Minshi Group (00425.HK) announced that due to the desire to spend more time dealing with other matters, Chen Quanshi has confirmed his retirement as an independent non-executive director and has no intention of being re-elected, effective on the day of the annual shareholders' meeting.
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28282828 : Ya this was in the Strait Times this morning. Nio is taking the longest to pay the bills
71229336Bedbugguy 28282828: Nio and tlry to join forces to replace management team
72734102 : China cars aren’t selling in EU! Tesla Leads as always!