FEM Emrg Mkts Alphadex First Trust
- 23.724
- +0.094+0.40%
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.
Undeterred by the "Trump shock"! Global electric vehicle sales surged in April, with the Chinese market experiencing a robust increase of 32%.
In April, Global sales of pure electric and plug-in hybrid autos grew by 29% year-on-year, reaching 1.5 million vehicles. Sales in the China market increased by 32% to 0.9 million vehicles, sales in the Europe market rose by 35% to 0.3 million vehicles, while sales in the North America market fell by 5.6% to 0.1 million vehicles. The Trump tariff policy had minimal impact on electric vehicle sales, but the trade agreements reached with the United Kingdom and China are positive signs for the industry.
Behind the sales volume exceeding 10 million vehicles in the first four months: RBOB Gasoline Passenger Vehicles "cooling down" and the retail market share of joint venture brands declining across the board.
In the first four months, the production and sales of Autos reached 10.175 million and 10.06 million units respectively, representing a year-on-year increase of 12.9% and 10.8%. The production and sales volume in the first four months exceeded 10 million units for the first time in history; In April, Honda's terminal Autos sales in China were 43,689 units, a sharp decline of 40.83% year-on-year; the cumulative sales from January to April were 201,576 units, down 28.20% year-on-year.
Brokerage morning meeting highlights: It is recommended to prioritize allocation to industry thematic directions that performed exceptionally in the first quarter report.
At today's brokerage morning meeting, China Securities Co.,Ltd. believes that the progress of Siasun Robot&Automation continues to break through, and the short-term Technology growth main line may continue to dominate; HTSC points out to seize internal certainty clues in the medium term; CITIC SEC indicates to prioritize allocating to industry themes that performed outstandingly in the first quarter report.
According to the Passenger Vehicle Association, retail sales of Passenger Vehicles increased by 14.5% year-on-year in April, while retail sales of the New energy Fund surged by 33.9% year-on-year.
In April, Passenger Vehicle exports were 0.423 million units, a 2% decrease year-on-year, but the proportion of New energy increased to 44.6%. Looking forward to May, the Passenger Vehicle Association pointed out that there are 19 working days in May, which is 2 days fewer compared to May last year, especially with the Dragon Boat Festival on May 31, which is unfavorable for stable growth in the automotive market. With the launch of the scrapping and renewal policy in 2024, the market is expected to gradually recover in May 2024, and the base for May this year will be relatively high.
The Ministry of Industry and Information Technology is publicly soliciting opinions on the regulation of hidden door handles.
① The Ministry of Industry and Information Technology publicly solicited opinions on May 9 regarding the revision plan for the mandatory national standard "Safety Technical Requirements for Autos Door Handles"; ② This standard will fill the gap in regulations concerning hidden interior door handles and will focus on the potential escape and rescue risks of electric and hidden door handles.
Under the "safety equality" context, prices have dramatically dropped. Will Lidar make a comeback in vehicles?
① The 2025 Avita 12 is launched with the "three Lidar solution", which is currently the only "three Lidar" case in the 0.3 million level; ② The deepening Global Strategy cooperation reached a month ago between LEAPMOTOR and Hesai Technology also focuses on "Lidar".
The identity of the mysterious seller of POP MART has been revealed, and Director Tu Zheng has sold all of his shares.
Fengqiao Capital responded to the clearance of shares by the founding Shareholder of POP MART, stating that its RMB Phase 1 Fund is about to expire and has cleared all POP MART Stocks through bulk Trades in three transactions. Meanwhile, the identity of POP MART Director Tu Zheng was revealed; he originally held 0.89% of the shares and sold all his shares through bulk Trades, resulting in his shareholding reducing to 0%.
Tesla's sales in China decreased by 6% in April compared to the previous year, Stunk continues.
According to data from the China Passenger Vehicle Association (CPCA), U.S. electric vehicle (EV) giant Tesla saw a decrease in passengers carried in China in April as well. The intensified competition with local manufacturers has had an impact. Tesla's sales in China for April were 0.05 million 8459 units, a decrease of 6.0% compared to the same month last year. This represents a 26% decrease from the previous month. Both year-on-year and month-on-month figures have been negative for four consecutive months. While Tesla's market share in China is declining, overall automobile demand is being supported by the government's vehicle replacement assistance program, maintaining a strong level.
More than 60% of A-share vehicle companies achieved growth in net income in the first quarter, with policy dividends and technological breakthroughs being the driving forces for this growth.
① Among the 16 A-share listed automobile companies, 10 companies achieved year-on-year growth in net income attributable to the parent company in the first quarter of 2025, accounting for 62.5%. ② BYD led with a growth rate of 100.38%, SAIC Group's net income increased by 11.40% year-on-year, and Chongqing Changan Automobile's net income attributable to the parent company surged by 601.31% year-on-year.
The term "smart driving" is no longer popular! Xiaomi has changed its name, and multiple car companies have adjusted their stance.
① The promotion of intelligent driving has shifted from active messaging to passive responses, with features like urban NOA no longer being emphasized; ② Most brands are introducing expressions such as "driving responsibility" and "subscription mechanism," uniformly emphasizing the attributes of Level 2; ③ Companies' statements are aligning with industry initiatives, and the promotion of assisted driving is entering a cautious compliance stage.
May's Must-See Financial Events: Apple & Nvidia Earnings, Berkshire Meeting, Interest Rate Decision, and More
At the moment when the stock price hits a new high, a Shareholder sold 0.1 billion dollars worth of POP MART.
According to media reports on Wednesday, an unnamed major Shareholder of POP MART sold approximately 4.1 million Shares through Trade at a price of HKD 192.95 per share, which is about 2.5% lower than Tuesday's closing price, cashing out USD 0.101 billion. This news sparked concerns, and POP MART fell by 3% at one point today.
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"LABUBU 3.0" is very popular in the USA. What does it mean for POP MART?
Morgan Stanley pointed out that POP MART's plush products have become the company's most important growth catalyst due to their "fashion practicality." With the company's rapid expansion in the USA and Southeast Asia, sales are expected to double in 2024 and increase by another 47% in 2025.
POP MART is making waves again! The app has topped the charts for two consecutive days, with long lines overseas, and the stock price has surged by 10%.
On April 24, the popular IP LABUBU under POP MART released its latest series, and the following day, the official APP topped the USA App Store shopping list. POP MART stated that it sees the potential for LABUBU to become a "global super IP" and aims to promote LABUBU to become the "future Mickey Mouse or Pikachu."
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.
Leap Motor wants to leverage the B01 to further scale up.
This is another car designed for young people.