No Data
NEXTEER(01316.HK):FV BUSINESS EXPECTED TO RETURN TO GROWTH MOMENTUM UNDER TRUMP'S POLICIES; SALES FUNDAMENTALS ARE POISED TO IMPROVE
Nexteer (01316HK): Under the new policy of Trump, the rbob gasoline vehicle business is expected to regain growth momentum; the sales fundamentals will improve.
Under the promotion of the Trump administration's new policies, nexteer (or " company ")'s sales fundamentals in the usa market are expected to improve, rbob gasoline vehicle business is expected to rebound, becoming a new catalyst for future profit growth. At the same time, the company is actively engaged in transitioning from rbob gasoline vehicle operations.
Hong Kong stocks anomaly: Tesla concept stocks collectively strengthened, lk tech, nexteer rose more than 5%.
格隆汇November 7th | Influenced by Tesla's sharp rise last night, Hong Kong stock market's Tesla concept stocks opened high this morning, with lk tech up over 6% and nexteer up over 5%. After Musk-supported Trump won the US presidential election, Tesla (TSLA.US) rose by 14.75% to $288.53 on Wednesday in the US, hitting a new high since July 2023. Wedbush analyst Dan Ives bullish on Musk and Tesla: Trump's biggest beneficiary will be Tesla/Musk. Trump's victory is negative for the electric autos industry.
Hong Kong stock market anomaly | autos industry chain across the board slump, Trump reiterates imposition of tariffs on Mexican autos, EU electric autos anti-subsidy case still under negotiation.
The automotive industry chain plummeted across the board, as of the time of publication, Nexteer (01316) fell 11.38%, to HKD 2.96; Xpeng Auto-W (09868) fell 8.5%, to HKD 46.3; Great Wall Motor (02333) fell 4.39%, to HKD 14.82; Meidong Auto (01268) fell 9.43%, to HKD 2.4.
Ministry of Commerce of the country: US restrictions on china's internet-connected car hardware and software are typical protectionist practices.
The US Department of Commerce has released recommended rules restricting the hardware and software of Chinese internet-connected vehicles, as well as the complete vehicles. The national commerce department strongly opposes this, stating that the US side is smearing the software, hardware, and complete vehicles of Chinese internet-connected vehicles as 'unsafe' under the pretext of national security, and restricting their use in the USA. They believe the US actions are baseless, violate market economy and fair competition principles, are a typical protectionist practice, severely affecting normal cooperation between China and the USA in the internet-connected vehicle field, disrupting and distorting the global automobile industry chain supply chain, and also harming the interests of American consumers.
Hong Kong stocks are active. Automotive parts stocks continue to rise recently. The development of advanced intelligent driving and humanoid robot industry chains is accelerating. Vehicle companies and suppliers are expected to benefit.
Auto parts stocks continue to rise recently. As of the time of writing, Nexteer (01316) rose 5.18% to HKD 2.64; Minth Group (00425) rose 4.72% to HKD 14.64; Wuling Motors (00305) rose 2.82% to HKD 0.365; Zhejiang Shibao (01057) rose 0.48% to HKD 2.08.
No Data
No Data