China Automotive Circulation Association: From December 23 to 29, 2024, the average daily trading volume of used cars rose to 0.0703 million units, an increase of 1.53% compared to the previous period.

The China Automobile Circulation Association released the weekly report on used cars (December 23, 2024 - December 29, 2024).

Zhitong FinanceJan 3 17:22

The "price war" fires the first shot of the new year! Ideal and NIO promote "subsidy guarantees", with over 9 major manufacturers updating car purchase rights.

① Li Auto launched a "replacement subsidy" guarantee, offering a cash subsidy of 15,000 yuan for each vehicle. ② Xpeng Motors has begun a limited-time Spring Festival gift distribution event, including a 0.01 million yuan cash red envelope and an 888-degree electricity card, among others. ③ Although the national policies related to 2025 have not yet been clearly defined, many regions have already introduced local subsidy measures.

cls.cnJan 2 16:00

Contemporary Amperex Technology's secondary listing on the Hong Kong stock exchange sounds the horn for the "second wave of growth."

Morgan Stanley believes that Contemporary Amperex Technology's second listing in Hong Kong may raise between 6.8 to 7.7 billion US dollars. This funding will support its global capacity expansion, battery swap station construction, and Solid State Battery layout, initiating a second wave of growth.

wallstreetcnJan 2 09:10

In order to reduce liabilities and improve profitability, Sanzigaoke plans to restructure its Business in Europe | Quick Reading Announcement.

① Recently, Shanzi Gaoke reached an agreement with the European Silver Syndicate, intending to complete the debt restructuring of the European subsidiary PPS syndicated loan by paying 0.032 billion Euros; ② Due to supply chain issues and other internal coordination factors, the performance of the joint venture PPET under PPS did not meet expectations, resulting in substantial losses.

cls.cnJan 1 23:28

Holiday Reading | SoundHound AI's tenfold growth in a year: The imagination of voice AI?

The rise of SOUN seems to have a certain degree of randomness, and compared to the APP, it is not that convincing. The core technology is not exclusive; with the price increase by OpenAI, the path to profit is opening up. The problem this company will face in the future is that while revenues may rise, profit margins are decreasing, and it may never be able to achieve profitability.

YY HK StocksJan 1 14:07

2024 is the "explosion year" for Asia Vets in autonomous driving: companies rushing to go public, aiming for a trillion-level market.

This year, the carrot racing on the streets of Wuhan has caught public attention, and Tesla's Self-Driving Cars robotaxi has unveiled its mysterious veil, with companies from China and the United States racing ahead in the Asia Vets driving track.

Securities TimesDec 31, 2024 08:32