CPCA: CN Apr Pax. Car Exports Up 7% MoM; Domestic Brands Immune from US Tariffs Hike Impact
In April, passenger car exports, including complete vehicles and CKD (completely knocked down) vehicles, in China, totaled 423,000 units, down 2% YoY but up 7% MoM, the China Passenger Car Association (CPCA) data showed.
The CPCA noted that mainland China’s vehicle exports to the U.S. are negligible, with no domestic brands sold there, meaning Chinese self-owned brands are immune from U.S. tariff hikes.
Currently, domestic brands of China maintain a high 55% sales share in the Russian market, facing minimal pressure from export volume reductions, the CPCA added.
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AAStocks Financial News
Web Site: www.aastocks.com
SG Top Picks |
Stock & Type |
Code |
Strike(Call Level) |
Last |
Effective Gearing |
GEELY (C) |
28860 |
19.52 (-) |
0.155 |
6.1 X |
GEELY (C) |
13152 |
18.51 (-) |
0.300 |
3.9 X |
GEELY (Bull) |
53945 |
15.5 (16) |
0.073 |
5.2 X |
GEELY (Bull) |
65332 |
14 (14.5) |
0.101 |
3.8 X |
GEELY (Bear) |
58398 |
21 (20.5) |
0.041 |
9.3 X |
BYD (C) |
15177 |
590 (-) |
0.113 |
6.6 X |
BYD (C) |
14002 |
476.08 (-) |
0.180 |
7.4 X |
BYD (C) |
15617 |
401.08 (-) |
0.143 |
3.6 X |
BYD (P) |
14218 |
290.91 (-) |
0.041 |
7.4 X |
BYD (Bull) |
54342 |
361 (365) |
0.109 |
7.6 X |
BYD (Bull) |
65360 |
351 (355) |
0.124 |
6.7 X |
BYD (Bear) |
56677 |
449 (445) |
0.071 |
11.7 X |
BYD (Bear) |
58297 |
439 (435) |
0.051 |
16.3 X |
XIAOMI (C) |
15573 |
63.58 (-) |
0.173 |
7.1 X |
XIAOMI (C) |
14470 |
61 (-) |
0.093 |
4.3 X |
XIAOMI (C) |
14839 |
55.05 (-) |
0.088 |
5.2 X |
XIAOMI (P) |
16080 |
38.53 (-) |
0.084 |
2.5 X |
XIAOMI (P) |
14752 |
36.23 (-) |
0.086 |
6.1 X |
XIAOMI (Bull) |
68702 |
47.6 (48) |
0.029 |
17.4 X |
XIAOMI (Bull) |
67393 |
44.1 (44.5) |
0.068 |
7.4 X |
XIAOMI (Bear) |
59702 |
58.4 (58) |
0.067 |
7.5 X |
XIAOMI (Bear) |
61240 |
55.4 (55) |
0.044 |
11.5 X |
LI (Bear) |
54688 |
144 (140) |
0.061 |
3.7 X |
LI (Bear) |
66925 |
124 (120) |
0.113 |
10.0 X |
GWMC (C) |
28712 |
17 (-) |
0.028 |
7.5 X |
XPENG (C) |
14703 |
106.16 (-) |
0.110 |
3.2 X |
TSLA (C) |
10469 |
440 (-) |
0.092 |
9.1 X |
TSLA (P) |
10604 |
190 (-) |
0.107 |
3.6 X |