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CPCA Expects China Mar NEV Retail Sales to Rebound to 1 Million Units
Earnings Preview: GAC GROUP to Report Financial Results on March 28
Market Chatter: GAC Ties Up With Huawei to Set Up Luxury NEV Subsidiary; Hong Kong Shares Down 4%
Hong Kong stocks are moving differently | Autos stocks fell sharply in the morning, with the combination of intelligent driving equity and price wars further intensifying the trend of market differentiation.
Auto stocks fell sharply in the early session. As of the time of writing, Peking Automotive (01958) dropped 12.4% to 2.26 Hong Kong dollars; Guangzhou Automobile Group (02238) fell 4.48% to 3.2 Hong Kong dollars; Xiaopeng Motors-W (09868) decreased by 4.22% to 85.15 Hong Kong dollars; Great Wall Motor (02333) declined by 4.06% to 15.6 Hong Kong dollars; Ideal Automotive-W (02015) dropped 3.1% to 103 Hong Kong dollars.
Guangzhou Automobile Group Co., Ltd.'s (HKG:2238) Business Is Yet to Catch Up With Its Share Price
GAC intends to engage in fierce competition in the high-end market.
Create flagship products.
SoundOfMusic : The current spare production capacity of Magna is 130,000 cars per year. Xpeng could produce 65K cars, taking half of the available capacity.
How fast can it come online? 2H of 2025?
bullrider_21 OP SoundOfMusic : I have no idea.