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Cui Dongshu: The prices of conventional RBOB Gasoline vehicles continue to rise, while the average price of Electric Vehicles has gradually decreased recently.
The significant drop in prices reflects the active Consumer engagement with Electric Vehicles, which is a positive development.
BYD Dominates Singapore's Auto Market in January-April Period
The first interest rate cut of the year has been implemented! This releases approximately 1 trillion yuan in long-term liquidity.
① The People's Bank of China lowered the reserve requirement ratio of Financial Institutions by 0.5 percentage points starting from May 15, providing approximately 1 trillion yuan in long-term liquidity to the market; ② This adjustment aims to encourage Financial Institutions to support the real economy, especially in the fields of Autos finance and leasing.
BYD Tops Singapore Vehicle Sales so Far This Year, Replacing Toyota
Trending Stocks Today: BYD COMPANY Climbs 4.74%
Hong Kong stocks movement | Auto stocks rose in the early trading session, LEAPMOTOR (09863) surged over 6% to reach a new high as Institutions remain Bullish on Electric Vehicles exports maintaining high growth.
Auto stocks rose in early trading. As of the time of reporting, LEAPMOTOR (09863) increased by 6.05% to 65.75 Hong Kong dollars; Li Auto-W (02015) rose by 4.63% to 112.9 Hong Kong dollars; Xpeng Motors-W (09868) gained 3.81% to 81.75 Hong Kong dollars.
102305350 OP : think i should pull in on the next drop