According to preliminary monthly data released by the China Passenger Car Association (CPCA), it is estimated that the wholesale sales of new energy passenger vehicles (NEV-PVs) in China reached 1.18 million units in July, up 25% YoY or down 4% MoM. In 7M25, cumulative wholesale sales totaled 7.63 million vehicles, a YoY growth of 35%.
With the recent launch of several blockbuster new models, the CPCA said that the overall market trend was quite robust. Some car makers performed exceptionally well, lifting up July's traditionally dull car market. Car manufacturers like LEAPMOTOR (09863.HK), XPENG-W (09868.HK) (XPEV.US), and XIAOMI-W (01810.HK) achieved record-high wholesale sales of NEVs.
In terms of rankings, BYD COMPANY (01211.HK) (002594.SZ) ranked first with wholesale sales of 341,030 vehicles, followed by GEELY AUTO (00175.HK) and CHANGAN AUTOMOBILE (000625.SZ) with wholesale sales of 130,124 vehicles and 76,765 vehicles, respectively.
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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) |
17185 |
22.05 (-) |
0.129 |
5.2 X |
GEELY (C) |
13152 |
18.51 (-) |
0.145 |
6.9 X |
GEELY (Bull) |
58395 |
16 (16.5) |
0.053 |
7.0 X |
GEELY (Bull) |
65332 |
14 (14.5) |
0.095 |
3.9 X |
GEELY (Bear) |
56088 |
22.5 (22) |
0.076 |
4.9 X |
GEELY (Bear) |
60827 |
20.5 (20) |
0.039 |
9.5 X |
BYD (C) |
18396 |
155.1 (-) |
0.051 |
7.2 X |
BYD (C) |
15617 |
133.693 (-) |
0.040 |
5.6 X |
BYD (C) |
18941 |
128.433 (-) |
0.098 |
3.4 X |
BYD (P) |
17863 |
100.78 (-) |
0.223 |
3.4 X |
BYD (Bull) |
65005 |
104.667 (106) |
0.043 |
15.5 X |
BYD (Bull) |
53020 |
101.333 (102.667) |
0.064 |
10.4 X |
BYD (Bear) |
62659 |
134.4 (133) |
0.203 |
5.5 X |
BYD (Bear) |
62901 |
127.9 (126.5) |
0.148 |
7.5 X |
XIAOMI (C) |
15358 |
68.05 (-) |
0.058 |
5.7 X |
XIAOMI (C) |
15359 |
63.93 (-) |
0.064 |
5.9 X |
XIAOMI (C) |
14470 |
61 (-) |
0.068 |
6.2 X |
XIAOMI (C) |
15669 |
60.93 (-) |
0.109 |
4.5 X |
XIAOMI (P) |
14219 |
46.45 (-) |
0.085 |
3.3 X |
XIAOMI (P) |
16080 |
38.53 (-) |
0.040 |
3.9 X |
XIAOMI (Bull) |
61692 |
50.6 (51) |
0.042 |
12.9 X |
XIAOMI (Bull) |
62108 |
49.6 (50) |
0.052 |
10.4 X |
XIAOMI (Bear) |
61496 |
59.5 (59.1) |
0.048 |
11.3 X |
XIAOMI (Bear) |
62123 |
57.6 (57.2) |
0.033 |
16.4 X |
XPENG (C) |
17964 |
108.78 (-) |
0.135 |
2.6 X |
XPENG (C) |
14703 |
106.16 (-) |
0.030 |
5.7 X |
XPENG (Bull) |
58392 |
65 (66.5) |
0.119 |
6.4 X |
XPENG (Bull) |
63561 |
60.5 (62) |
0.168 |
4.5 X |
TSLA (C) |
10688 |
420 (-) |
0.232 |
5.4 X |
TSLA (P) |
10692 |
280 (-) |
0.440 |
3.5 X |