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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.
Alibaba Asserts Chinese Tech Dominance, Vows Major AI Focus In Next 3-5 Years: 'We Have The Upper Hand In The Trade War'
Joint Statement on U.S.-China Economic and Trade Meeting in Geneva
After a continuous decrease in volume and consolidation, there may be expectations for a short-term emotional recovery, with the Military Industry and Siasun Robot&Automation sectors gaining renewed attention.
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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.
Recruit HD, operating profit for 25/3 increased by 21.9% to 490.5 billion yen, Financial Estimates for 26/3 expect a 10.1% increase to 540 billion yen.
Recruit HD <6098> announced its financial results for the fiscal year ending March 2025, with revenue increasing by 4.1% year-on-year to 3 trillion 557.4 billion 78 million yen, and operating profit rising by 21.9% to 490.5 billion 42 million yen. The HR Technology business and the Matching & Solutions business saw increased revenue. Operating profit decreased in comparison to the same period last year, where impairment losses were recorded due to office integration, alongside increased revenue and a reduction in other operating expenses. For the fiscal year ending March 2026, revenue is expected to decrease by 1.1% year-on-year to 3 trillion 5200.
