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) |
14844 |
25 (-) |
0.121 |
5.0 X |
| GEELY (C) |
28860 |
19.52 (-) |
0.167 |
6.1 X |
| GEELY (C) |
13152 |
18.51 (-) |
0.320 |
3.8 X |
| GEELY (Bull) |
53945 |
15.5 (16) |
0.079 |
4.9 X |
| GEELY (Bull) |
65332 |
14 (14.5) |
0.108 |
3.6 X |
| GEELY (Bear) |
58398 |
21 (20.5) |
0.034 |
11.4 X |
| BYD (C) |
14002 |
476.08 (-) |
0.221 |
7.1 X |
| BYD (C) |
15617 |
401.08 (-) |
0.160 |
3.5 X |
| BYD (P) |
14218 |
290.91 (-) |
0.029 |
8.1 X |
| BYD (Bull) |
54741 |
381 (385) |
0.100 |
8.6 X |
| BYD (Bull) |
54342 |
361 (365) |
0.138 |
6.2 X |
| BYD (Bear) |
57006 |
469 (465) |
0.084 |
10.2 X |
| BYD (Bear) |
56677 |
449 (445) |
0.049 |
17.5 X |
| XIAOMI (C) |
15573 |
63.58 (-) |
0.198 |
6.9 X |
| XIAOMI (C) |
14470 |
61 (-) |
0.103 |
4.2 X |
| XIAOMI (C) |
14839 |
55.05 (-) |
0.099 |
5.0 X |
| XIAOMI (P) |
16080 |
38.53 (-) |
0.078 |
2.5 X |
| XIAOMI (P) |
14752 |
36.23 (-) |
0.071 |
6.4 X |
| XIAOMI (Bull) |
67393 |
44.1 (44.5) |
0.081 |
6.4 X |
| XIAOMI (Bull) |
66703 |
41.8 (42.2) |
0.104 |
4.9 X |
| XIAOMI (Bear) |
59702 |
58.4 (58) |
0.058 |
8.9 X |
| XIAOMI (Bear) |
61240 |
55.4 (55) |
0.036 |
14.3 X |
| LI (Bear) |
54688 |
144 (140) |
0.059 |
3.9 X |
| LI (Bear) |
66925 |
124 (120) |
0.103 |
11.1 X |
| GWMC (C) |
28712 |
17 (-) |
0.028 |
7.4 X |
| XPENG (C) |
14703 |
106.16 (-) |
0.106 |
3.3 X |
| XPENG (Bull) |
54748 |
74.3 (75.8) |
0.093 |
8.7 X |
| TSLA (C) |
10469 |
440 (-) |
0.103 |
9.1 X |
| TSLA (C) |
10688 |
420 (-) |
0.810 |
3.2 X |
| TSLA (P) |
10604 |
190 (-) |
0.101 |
3.7 X |
