2023-11-17 03:30:06
On November 17, the complete automobile sector was active. As of press time, Haima Motors reached the daily limit, followed by Jiangling Motors, King Long Motors, and Asia Star Bus.
The 21st Guangzhou International Automobile Exhibition will be held at the China Import and Export Fair Complex from November 17 to 26, 2023. The exhibition periods for the auto parts and supplies, car modification, and new technology theme exhibition areas are November 17-20, 2023. At this Guangzhou International Auto Show, there were 59 world premiere cars, including 8 launch cars from multinational companies; 20 concept cars, including 9 international brand show cars; 469 new energy vehicles, including 119 foreign brand show cars. The total number is 1132 units.
Soochow Securities stated that the overall order performance in October was in line with market expectations. Looking forward to November, taking into account the large number of activities during the National Day period and the large inventory pressure near the end of the year, dealers generally discounted, etc., order expectations are expected to be flat month-on-month. Target stock selection ideas: First, the Q4 performance will show an inflection point upward or the Q4 performance will continue to improve; second, it will be driven by catalysts (especially AI intelligence) that fit the main line of segmentation.
Dongguan Securities stated that the domestic macro-economy has recovered moderately, and the arrival of the traditional peak season for passenger cars and the stabilization and recovery of the domestic logistics industry have driven the growth of truck sales. Against the backdrop of favorable conditions from many parties, the automotive industry’s prosperity will continue to pick up in 2023Q3. Looking forward to Q4, the passenger car industry is expected to continue its high prosperity.
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