GELYY GEELY AUTOMOBILE H
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GEELY AUTOMOBILE H News
Changes in Hong Kong stocks | Zero Sports Auto rose more than 7% to lead auto stocks. The trade-in policy exceeded expectations, and industry sentiment is expected to reach an inflection point
Auto stocks rose collectively in early trading. As of press release, Zero Sports Auto (09863) rose 8.22% to HK$27; Xiaopeng Motor-W (09868) rose 4.79% to HK$31.75; and NIO - SW (09866) rose 4.89% to HK$36.5.
China Offers Incentives to Boost Old Car Replacements, Analysts Expect up to 2 Million Additional Sales
China has issued policy details encouraging consumers to trade in old cars for new ones, starting to offer subsidies of up to RMB 10,000 ($1,380), effective by the end of the year.
Cui Dongshu: The release of implementation rules on car trade-in subsidies is a major benefit for the car market
On April 27, Cui Dongshu, Secretary General of the Passenger Transport Association, published an article stating that since the Spring Festival, consumers have been concerned about the trade-in policy and expect the policy to bring benefits to car purchases, so the implementation of the policy is a major benefit to the car market.
2023年年報
Geely Showcases AI at Beijing Auto Show
Cutting-edge technology, such as artificial intelligence, or AI, has become one of the competitive focuses of China's new energy vehicle industry.
CPCA Expects China's NEV Retail Sales at 720,000 in Apr, Flat From Mar
Price wars intensified in China's auto market in April, with overall discounts slightly higher than in March, the CPCA said.
China's NEV Retail at 420,000 in Apr 1-21, Down 2% From Same Period Last Month
China's retail penetration of NEVs was 49.3 percent in April 1-21 and 38.56 percent year-to-date.
Polestar Launches Polestar Phone for $1,020
Polestar is giving away a free Polestar Phone to customers who purchase the updated Polestar 4. The post Polestar launches Polestar Phone for $1,020 appeared first on CnEVPost. For more articles, please visit CnEVPost.
China EV Insurance Registrations for Week Ending Apr 21: Nio 2,990, Tesla 5,160, BYD 59,470
Li Auto's insurance registrations last week were 4,460, down 37.36 percent from the previous week, while Xpeng's were 2,460, up 55.7 percent from the previous week.
[Broker Focus] Orient Securities maintains Geely Auto (00175) purchase rating, indicating that sales of new energy vehicles and Krypton brands continue to grow
Jinwu Financial News | According to Orient Securities Research Report, Geely Auto (00175) sold a total of 158,800 units in March, up 38.5% year on year, up 35.4% month on month; of these, new energy vehicles sold 44,800 units, up 59.4% year on year, up 33.7% month on month; exported 26,200 units, up 79% year on year. The bank indicates that the sales volume of the Krypton brand surged year on month, and the new Krypton MIX car is expected to further open up market segments and boost the sales volume of the Krypton brand. In addition, Lynk & Co sales have maintained rapid growth. The Lynk & Co 07EM-P is expected to be launched on April 25
After the 50% watershed: fuel vehicles = Nokia, new energy vehicles = iPhone?
The penetration rate of new energy vehicles in China has surpassed 50% for the first time.
China's Geely to Divest SEK14.5 Billion of Volvo AB Shares
Chinese automaker Zhejiang Geely Holding Group plans to sell all of its 14.46 billion-kronor class B share stake in AB Volvo (VOLV-B.ST, VOLV-A.ST), Bloomberg News reported Thursday, citing the compan
Geely to Sell $1.32 Billion of Volvo Truck Shares
China’s Zhejiang Geely Holding Group is selling the entirety of its Class B shares in truckmaker Volvo AB that were worth about 14.46 billion Swedish krona ($1.3 billion).
Zhido, Which Went Through Boom and Bust, Launches Mini EV With Starting Price of $4,400
Founded in 2006, Zhido once dominated China's all-electric mini EV market, but entered bankruptcy reorganization in 2019. The post Zhido, which went through boom and bust, launches mini EV with starting price of $4,400 appeared first on CnEVPost. For more articles, please visit CnEVPost.
Geely Teases Flagship SUV for Galaxy Lineup to Be Unveiled at Beijing Auto Show
Geely Auto Group will unveil a new model for the Galaxy lineup at the upcoming 2024 Beijing auto show in response to increasing competition.
Hong Kong Stock Concept Tracking | Promoting the introduction of low-altitude industrial chain policies in many places, the Ministry of Industry and Information Technology accelerates low-altitude economic development around innovation chains (with concep
On April 18, Suzhou held a conference to promote low-altitude economic development. The reporter learned from the conference that “Certain Measures to Support High-Quality Development of the Low-Altitude Economy in Suzhou” have been issued recently. The measures suggest that low-altitude economy enterprises that have established their headquarters or R&D, production, and manufacturing bases in Suzhou will be given a one-time reward of up to 10 million yuan in stages after obtaining model certificates and production licenses for manned electric vertical take-off and landing aircraft and unmanned aerial vehicles issued by the Civil Aviation Administration of China. Vice Minister of Industry and Information Technology Shan Zhongde said at the press conference of the State Information Office on the 18th that the next step is to accelerate the growth of the low-altitude economy
Changes in Hong Kong stocks | Auto stocks generally rose, Xiaopeng Automobile-W (09868) rose more than 4%, NIO - SW (09866) rose more than 3%
The Zhitong Finance App learned that auto stocks were generally higher. As of press release, Xiaopeng-W (09868) rose 4.25% to HK$29.45; NIO - SW (09866) rose 3.32% to HK$31.1; and Geely (00175) rose 2.47% to HK$9.13. According to the news, according to data from the Passenger Federation, the NEV market retailed 260,000 vehicles from April 1 to 14, up 32% year on year, up 2% from the same period last month. Since this year, 2,032 million vehicles have been sold, an increase of 34% over the previous year. Also, according to incomplete statistics, in April alone, there was Guangdong
China's NEV Retail at 260,000 in Apr 1-14, up 2% From Same Period Last Month
China's retail penetration of NEVs was 50.39 percent in April 1-14, and 38 percent year-to-date.
GF Securities: Significant flexibility in demand growth in exchange is expected to become a new driving force for total passenger car growth in the next phase
Demand for swaps will grow significantly in the next few years, and it is expected to become a new driving force for total volume growth in the next phase.
Market Chatter: Jiyue Auto Shakes Up Management, CEO Takes Over Marketing to Boost Sales
Jiyue Auto, a premium smart car brand set up by Baidu (HKG:9888) and Geely Automobile Holdings (HKG:0175) parent Zhejiang Geely Holding, is undergoing a leadership shakeup in its marketing and sales d
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