China Q1 Auto Imports See Rare 39% Year-on-year Decline
In the first quarter, China imported less than 0.1 million Autos, a year-on-year decrease of nearly 40%! Imports of Autos from the USA were less than 0.01 million.
① In China, the import of Autos from January to March was 0.095 million units, a year-on-year decrease of 39%, marking a significant decline in this period that is rarely seen. ② The import of vehicles from the USA fell to 8,870 units from January to March; representing a 66% year-on-year decrease, and this decline continued in March.
When Autos "roll" towards the sky: Xpeng Huitian, Fengfei, GAC and others showcase eVTOL for the first time at the Shanghai Auto Show | New Forces in the Auto Show.
① The 2-ton level eVTOL from Fengfei Aviation, Xiaopeng Huitian's "land aircraft carrier", and GAC high domain's GOVY-Aircar all made their appearance at the Shanghai Auto Show; ② Reports indicate that these manufacturers' eVTOLs/flying cars are making their debut at the Shanghai Auto Show.
The Shanghai Auto Show witnesses the "mutual rush" of Chinese and foreign enterprises: multinational car companies are deeply cultivating the Chinese market while domestic supply chain enterprises are accelerating their move towards Global.
① The 2025 Shanghai Auto Show focuses on smart electric vehicles, with foreign car companies accelerating their integration into the China supply chain, and local innovative forces rising; ② Under the pressure of transformation, Toyota deepens its local layout by establishing a wholly-owned factory in Shanghai, betting on localization and supply chain synergy; ③ Joint venture brands strengthen collaboration in local innovation chains, as China supply chain companies accelerate their dominance in the Global smart electric vehicle industry.
NIO Inc Options Spot-On: On April 25th, 106.93K Contracts Were Traded, With 3.6 Million Open Interest
Catalyst Watch: Apple, Amazon & Microsoft's Earnings Confessions, Meta's LlamaCon and the Jobs Report
Hong Kong stocks fluctuate | NIO-SW (09866) rises over 5% as three major brands recently debut at the Shanghai Auto Show with a total of 9 new car models launching this year.
NIO-SW (09866) has risen over 5%, currently up 5.08% at 32.05 HKD, with a transaction amount of 0.272 billion HKD.
Highlights from the Brokerage morning meeting: Demand improved in the first quarter, and performance recovery in the Electrical Utilities New energy Fund industry is expected.
In today's Brokerage morning meeting, Sinolink believes that the core logic of incremental policies is becoming clearer; China Securities Co.,Ltd. noted that the current expectations for Fuel Cell Energy vehicles in the Sector are relatively weak, and there might be an upward inflection point in sales during the peak season in May-June; HTSC suggested that the demand is improving in the first quarter, and the performance recovery of Electrical Utilities New energy industry is expected.
Hong Kong Stock Morning Report|Trump is considering a tiered tariff plan for China. Aluminum Corporation Of China reported nearly 60% year-on-year increase in Net income for the first quarter.
① Trump is considering a tiered tariff plan for China. ② Canadian Prime Minister Carney: There is no rush to reach an agreement with Trump; we have enough leverage in the negotiations. ③ Seven departments: Launching a pilot application for 'AI Empowering the Entire Industry Chain of Medicine.' ④ The Commercial Space Innovation Consortium was established yesterday, and relevant industry standards will be accelerated for formulation.
U.S. stocks closed: The Federal Reserve wields the flag of interest rate cuts, and the S&P has risen for three consecutive days, approaching a key resistance level.
1. Federal Reserve officials discuss the outlook for a June interest rate cut, with the Nasdaq rising over 2% for three consecutive days; 2. Analyst: Pay attention to the key resistance level of 5,500 points for the S&P; 3. Switch 2 causes a global frenzy, impacting records in the Consumer Electronics market; 4. Apple's AI head loses power again, as a mysterious Siasun Robot&Automation team shifts under the Hardware supervisor.
NIO Inc Options Spot-On: On April 24th, 181.43K Contracts Were Traded, With 3.55 Million Open Interest
Express News | Shares of Companies Within the Broader Consumer Discretionary Sector Are Trading Higher Amid Overall Market Strength Due to March's Strong Durable Goods Orders Economic Data, and President Trump's Announcement That He Met With China Earlier Today
CATL Founder, Xpeng Chairman Become ET9 Owners as Nio Wins Over More Entrepreneurs
China Automobile Dealers Association: In March, the national retail sales of new Commercial Vehicles reached 0.3161 million units, a month-on-month increase of 33.15%.
From January to March, the national retail sales of new Commercial Vehicles reached 0.7185 million units, with a cumulative year-on-year growth of 5.54%. In March, the sales were 0.3161 million units, a year-on-year decrease of 7.79% but a month-on-month increase of 33.15%.
NIO to Expand Firefly to 16 More Countries
Hong Kong stocks are moving | NIO-SW (09901) rose more than 4% during the session as the 5-nanometer smart driving chip Shenqi NX9031 commenced mass production with the delivery of NIO ET9.
NIO-SW (09901) surged over 4% during the trading session, as of the time of writing, it rose 4.08%, priced at 30.6 Hong Kong dollars, with a transaction amount of 74.0937 million Hong Kong dollars.
Technology stocks are rebounding, while high-profile stocks are collectively "cooling down". The market may enter a critical period for switching between high and low performances.
Track the entire lifecycle of the main Sector.
Changes in tariffs? The White House: Trump is considering exemptions for some Auto Parts tariffs.
The White House confirmed to the media on Wednesday that Trump is considering exempting some tariffs for Auto Manufacturers.
Hong Kong Stock Concept Tracking | Contemporary Amperex Technology (300750.SZ) released 10 new chocolate battery swap models. Institutions: Bullish for battery swap equipment manufacturers (attached Concept stocks).
Since the beginning of this year, Contemporary Amperex Technology has noticeably accelerated its battery swapping layout.
US-Listed China Stocks Surge As Trump Hints At Tariff Cuts and Softening Trade Tensions