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.
U.S. stocks closed: The three major Indexes all fell, with Berkshire dropping over 5%.
① Apple issued bonds for the first time in two years; ② The Board of Directors of Berkshire Hathaway voted to appoint Abel as CEO, while Buffett continues as Chairman; ③ The reorganization plan of OpenAI had to change and will continue to be controlled by a nonprofit entity.
NIO Inc Options Spot-On: On May 5th, 77,166 Contracts Were Traded, With 3.63 Million Open Interest
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.
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Express News | U.S.-listed Chinese stocks surge at the opening, with Alibaba up over 4%.
Express News | Alibaba up 4.2%, PDD Holdings up 2.7%, Baidu up 2.5%
Express News | Ishares MSCI China ETF up 2.5%, Ishares China Large Cap ETF up 2.6%, Kraneshares CSI China Internet ETF up 3.1%
Express News | JD.com up 3.6%, Li Auto up 2.9%, NIO up 3.8%, Xpeng up 6.8%
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Express News | U.S.-listed Chinese stocks surge in overnight trading, with Alibaba up over 4%.
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Hong Kong Stock Announcement Golden Mining | AIA's new business value in the first quarter rose by 13% to 1.497 billion US dollars.
In the first four months, BYD Company Limited (01211) sold approximately 1.3809 million New energy Fund vehicles, a year-on-year increase of 46.98%...
XPeng Deliveries Soar. That's Good and Bad for Tesla. -- Barrons.com