CPCA: Retail Sales of Pax Car in Narrow Sense Estimated to Slip 9.8% MoM in Apr w/ NEV Retail Sales Vol. Being 900K
The overall discount rate of the auto market in mid-April was approx. 23.7%, a slight recovery from late-March, according to the latest survey conducted by the China Passenger Car Association (CPCA).
The leading manufacturers, which accounted for nearly 80% of the total market in terms of retail sales volume, targeted a 7.1% YoY growth in retail sales in April, down about 10% MoM.
The total retail sales of passenger vehicle in narrow sense in April is estimated to be around 1.75 million units, up 14.4% YoY and down 9.8% MoM, while the retail sales of NEV will reach 900,000 units, with a penetration rate of 51.4%.
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AAStocks Financial News
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| SG Top Picks |
| Stock & Type |
Code |
Strike(Call Level) |
Last |
Effective Gearing |
| GEELY (C) |
28860 |
19.52 (-) |
0.062 |
6.7 X |
| GEELY (C) |
13152 |
18.51 (-) |
0.160 |
4.2 X |
| GEELY (Bull) |
65332 |
14 (14.5) |
0.040 |
7.9 X |
| GEELY (Bull) |
65192 |
13 (13.5) |
0.057 |
5.5 X |
| GEELY (Bear) |
58398 |
21 (20.5) |
0.096 |
3.3 X |
| GEELY (Bear) |
60647 |
19.5 (19) |
0.072 |
4.4 X |
| BYD (C) |
15177 |
590 (-) |
0.096 |
6.2 X |
| BYD (C) |
14002 |
476.08 (-) |
0.140 |
7.0 X |
| BYD (C) |
15617 |
401.08 (-) |
0.120 |
3.5 X |
| BYD (P) |
14218 |
290.91 (-) |
0.091 |
5.9 X |
| BYD (P) |
13509 |
249 (-) |
0.046 |
5.9 X |
| BYD (Bull) |
65360 |
351 (355) |
0.065 |
11.7 X |
| BYD (Bull) |
65191 |
334 (338) |
0.102 |
7.5 X |
| BYD (Bear) |
59710 |
429 (425) |
0.087 |
8.8 X |
| BYD (Bear) |
61772 |
417 (413) |
0.066 |
11.6 X |
| XIAOMI (C) |
14470 |
61 (-) |
0.084 |
4.2 X |
| XIAOMI (C) |
14839 |
55.05 (-) |
0.074 |
5.2 X |
| XIAOMI (C) |
29933 |
47.2 (-) |
0.465 |
5.8 X |
| XIAOMI (P) |
16080 |
38.53 (-) |
0.104 |
2.1 X |
| XIAOMI (P) |
14752 |
36.23 (-) |
0.149 |
4.9 X |
| XIAOMI (P) |
14089 |
32.53 (-) |
0.084 |
5.4 X |
| XIAOMI (Bull) |
67393 |
44.1 (44.5) |
0.041 |
11.6 X |
| XIAOMI (Bull) |
66703 |
41.8 (42.2) |
0.065 |
7.3 X |
| XIAOMI (Bear) |
61773 |
52.9 (52.5) |
0.045 |
10.6 X |
| XIAOMI (Bear) |
62220 |
50.4 (50) |
0.025 |
19.0 X |
| LI (C) |
27190 |
98.93 (-) |
0.151 |
3.4 X |
| LI (Bull) |
57321 |
66 (70) |
0.055 |
3.4 X |
| LI (Bear) |
66925 |
124 (120) |
0.275 |
3.4 X |
| GWMC (C) |
28712 |
17 (-) |
0.027 |
6.8 X |
| XPENG (C) |
14703 |
106.16 (-) |
0.104 |
3.1 X |
| XPENG (C) |
28130 |
73 (-) |
0.270 |
3.6 X |
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10591 |
300 (-) |
0.710 |
3.5 X |
| TSLA (P) |
10604 |
190 (-) |
0.216 |
2.9 X |
