Geely (175 HK): Deliveries Up by 32% in 2024 - BEV Supporting 2H24
Geely’s sales volume grew by 32% in 2024 and management set a growth target of 25% for 2025. BEV boomed in 2H24. We believe the overseas market...
196 Views
BYD (1211 HK): Vehicle Deliveries Up by 40% in 2024
BYD’s deliveries grew by 51% YoY in December 2024 and 41% in the year 2024. The Brazil event will slow down overseas expansion. We believe the...
291 Views
China Consumption Weekly (6 Jan 2025): Alibaba, BYD, Tencent Music, JD.com, Mixue
Alibaba’s Freshippo remained profitable in the past nine months. Brazil authorities is investigating BYD’s “slave-like condition”. Tencent Music...
281 Views
China Consumption Weekly (16 Dec 2024): Alibaba, Meituan, Mixue, Green Tea
Alibaba sells Intime Department Store to Youngor. Meituan shortens delivery workers’ working hours due to sudden death cases. Mixue, the price...
583 Views
China Consumption Weekly (16 Dec 2024): NEV Industry Nov., Baidu, Hisense, Boss Zhipin,
NEV retail volume increased by 51% YoY in November. Jiyue Auto, as a subsidiary of Baidu, is dismissing employees. Hisense, a home appliance...
311 Views