GO
| HSI1 | 23,919.50 | 0.00 | -- |
| HSCEI1 | 8,057.59 | 0.00 | -- |
| Back Zoom + Zoom - Block Traded | |
|
2026-11-04 13:57:33 Daiwa issued a research report saying that, based on weekly NEV order data, China's NEV market continued to recover in Week 43 (Oct 26 to Nov 1), with total orders rising 48% WoW to 207,000 units. Order momentum improved for most major automakers, with eight of the 10 tracked brands recording WoW growth. The broker noted that at the brand level, LI AUTO-W (02015.HK) and XPENG-W (09868.HK) surged 840% and 240% WoW respectively, significantly outperforming the broader market. XIAOMI-W (01810.HK) (up 28% WoW), GEELY AUTO (00175.HK)'s Zeekr (up 17% WoW), Tesla, Inc. (TSLA.US) (up 14% WoW) and NIO-SW (09866.HK) (up 12% WoW) also maintained positive growth. In contrast, GEELY AUTO (00175.HK)'s Galaxy was the only brand to record a WoW decline (down 3% WoW), while BYD COMPANY (01211.HK) was flat WoW. Looking ahead, upcoming new model launches and year-end promotional campaigns may further support demand, although competitive pressure remains intense and brand performance divergence is expected to continue.(ad/da)~ AASTOCKS Financial News Website: www.aastocks.com This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. | |