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The three major Hong Kong stock indices are steadily rising, with Real Estate stocks leading the performance due to bullish factors.
① What factors contributed to today's performance of the Hong Kong stock market? ② Why are Consumer Electronics-related stocks continuously favored by the market?
In December 2024, the overall sales of heavy-duty new energy trucks in China reached a new high, with sales of charging heavy-duty trucks increasing by 235% year-on-year.
In December 2024, the overall sales volume of heavy trucks in Shanxi Guoxin Energy Corporation reached a new high, totaling 15,200 units.
Subsidy details for "trade-in for new" are being introduced in multiple regions. Institutions: leading car companies may further increase market concentration.
On January 20, Henan, Heilongjiang, Shaanxi, and Guangxi provinces announced the comprehensive launch of the "trade-in" subsidy activities. According to incomplete statistics from reporters, as of January 20, more than 20 provinces, including Guangdong, Anhui, SiChuan, Jiangxi, and Hainan, have introduced subsidy details for the "trade-in" program for consumer goods in 2025 or related policies that span multiple years.
Cui Dongshu: The effect of policies in driving production and sales is significant. In December 2024, the wholesale sales volume of New energy Fund Passenger Vehicles is expected to reach 1.51 million units, surpassing the historical highest level.
The wholesale growth from September to December is significantly higher than from March to August, reflecting the clear impact of policies in stimulating production and sales.
China's NEV Ownership Exceeds 30 Million Units
China Automobile Association: In 2024, the production and sales of New energy Fund vehicles will exceed 10 million units.
According to analysis by the China Automotive Industry Association, China's new energy vehicles have ranked first globally for ten consecutive years.
TWP PaPa OP : It is an improvement for Nio, hope more stable and it will blast off..
Dragon Fish : Nio beat XPeng is good.
WayneTheBoon : So? This shit stock still drops more than xpeng
Dragon Fish WayneTheBoon : Pls be more educated ok. Nio capitalisation increased more than XPeng during this rally ok. Nio is than XPeng.