Fu Bingfeng, Executive Vice President and Secretary-General of the China Association of Automobile Manufacturers (CAAM), stated at the 2025 China Auto Forum that in order to prevent "involution spillover", the CAAM is taking measures to encourage companies to respect local cultures and laws as they expand overseas, according to The Paper.

In recent times, efforts made by the CAAM to combat involution have yielded positive progress, and industry leaders are also proactively strengthening self-discipline, said Fu. As the campaign against involution is deepening, a more robust long-term mechanism will be established in the future.
~



AAStocks Financial News
Web Site: www.aastocks.com

As investors continued shrugging off concerns over new tariffs, US stocks were on an uptrend Thursday.

While the S&P 500 closed up 17 points or 0.3% at 6,280, the Nasdaq also inched 19 points or 0.1% higher to close at 20,630, both hitting record-breaking closes. The DJIA, after opening lower, managed a rebound and once surged as much as 317 points. It eventually closed the day up 192 points or 0.4% at 44,650.

Major techs were mixed. Tesla (TSLA.US) rebounded 4.7%. Nvidia (NVDA.US) stretched its upswing to rise another 0.8% to USD164.1, setting a new closing high. Apple (AAPL.US) edged up 0.6%. Amazon (AMZN.US) dipped 0.1%. Meta (META.US) lost 0.8%.
~



AAStocks Financial News
Web Site: www.aastocks.com

In 1H25, automobile production and sales in China reached 15.621 million and 15.653 million units, respectively, representing YoY growth of 12.5% and 11.4%, according to data released by the China Association of Automobile Manufacturers (CAAM). The production growth rate narrowed by 0.2 ppts compared to 5M25, while the sales growth rate expanded by 0.5 ppts.

Looking ahead to 2H25, the orderly implementation of the "Two New" policies and the continuous enrichment of new product offerings by enterprises will help drive sustained growth in automobile consumption, maintaining healthy and stable development of the automotive industry.
~



AAStocks Financial News
Web Site: www.aastocks.com

Recent rumor has it that Nvidia (NVDA.US) CEO Jensen Huang plans to visit China next week and meet with senior Chinese government officials, including Minister of Commerce Wang Wentao.

He Yungqian, spokesperson for the Ministry of Commerce (MOC), said at a regular press conference that there is currently no information available.
~



AAStocks Financial News
Web Site: www.aastocks.com

The production and sales of auto in June amounted to 2.794 million and 2.904 million units, representing MoM growth of 5.5% and 8.1%, and YoY growth of 11.4% and 13.8% respectively, according to data released by the China Association of Automobile Manufacturers (CAAM).

Domestic vehicle sales increased by 8.3% MoM and 11.9% YoY to 2.312 million units. Of which, the domestic sales of ICEVs amounted to 1.188 million units, up 14.2% MoM and 7.7% YoY.
~



AAStocks Financial News
Website: www.aastocks.com

International Data Corporation (IDC) has released the latest quarterly tracking data for global personal computing devices (preliminary results), showing that 2Q25 PC shipments increased by 6.5% YoY to 68.4 million units worldwide.

Specifically, LENOVO GROUP (00992.HK)'s shipments grew by over 15.2% YoY to 17 million units. Its market share also rose from 23% in the same period last year to 24.8%, ranking first.

Following closely was HP (HPQ.US), with shipments climbing by 3.2% to 14.1 million units, yet its market share fell from 21.3% in the same period last year to 20.7%. Dell (DELL.US) ranked third with a market share of 14.3%. Its shipments dipped by 3% to 9.8 million units. Apple (AAPL.US) and ASUS ranked fourth and fifth, respectively.
~



AAStocks Financial News
Web Site: www.aastocks.com

In 1H25, the automobile exports in Mainland China reached 592,000 units, marking an MoM increase of 7.4% and a YoY growth of 22.2%, as revealed by the China Association of Automobile Manufacturers (CAAM) data.
~

AASTOCKS Financial News
Website: www.aastocks.com

Multiple economic indicators of the Chinese automobile industry achieved double-digit growth YoY in 1H25, according to data released by the China Association of Automobile Manufacturers (CAAM).

Since the beginning of the year, China has implemented more proactive macroeconomic policies to maintain overall economic stability.

Data shows that China's automobile market continued its positive trend during the period, with production and sales both leaping by more than 10% YoY to over 15 million vehicles.

Specifically, the production and sales of new energy vehicles (NEVs) reached 6.968 million and 6.937 million units respectively, up 41.4% and 40.3% YoY. The NEV sales accounted for 44.3% of the total new car sales.
~



AAStocks Financial News
Web Site: www.aastocks.com

US President Donald Trump imposed new tariffs on six countries including the Philippines, leading to a rebound in US stocks at close on Wednesday. The market light was shed on Nvidia (NVDA.US), of which market cap surpassed US$4 trillion, making it the first company in US stock history to reach this valuation.

On the ride of the upsurge in tech stocks, the Nasdaq closed at a new record high, up 192 points or 0.9% at 20,611. The DJIA rebounded after two consecutive days of decline, closing up 217 points or 0.5% at 44,458. The S&P 500 closed up 37 points or 0.6% at 6,263.

Nvidia's settled higher by nearly 2%, with its market cap surpassing US$4 trillion for the first time. Other major techs also ascended, with Meta (META.US), Microsoft (MSFT.US), and Alphabet (GOOG.US) each gaining over 1%.
~

AASTOCKS Financial News
Website: www.aastocks.com

Nvidia (NVDA.US) plans to launch a new AI-based chip specifically designed for the Chinese market as early as September to deepen its influence in China, the Financial Times reported on Wednesday.

Nvidia CEO Jensen Huang is seeking meetings with senior Chinese officials to foster relations and improve the company's standing in China, report told.

The new chip will reportedly utilize Nvidia's RTX Pro 6000 processor but will exclude most advanced technologies. The solution is said to comply with U.S. chip export restrictions.
~

AASTOCKS Financial News
Website: www.aastocks.com